Location: Corona,NY, USA
Responsibilities
The Senior Director of Compliance, under the guidance and supervision of the Senior Vice President, General Counsel, is responsible for ensuring compliance in affordable housing programs within Related Management's portfolio. Knowledge of U.S. Department of Housing and Urban Development (HUD), HUD, Low Income Housing Tax Credit (LIHTC), Tax Exempt Bond programs.
Responsibilities:
* Oversee the day-to-day compliance operations for a 2,500-unit, 100% affordable master-planned development, ensuring adherence to all regulatory and legal requirements for the largest such project in 40 years.
* Manage compliance for specialized programs including the 15/15 Program and Our Space program, ensuring proper documentation, reporting, and tenant eligibility verification.
* Work closely with Social Service Partners to support 133 units designated for formerly displaced residents, ensuring compliance with relevant social service and housing assistance programs.
* Lead a team of at least 20 Compliance Specialist to monitor and ensure the project's ongoing compliance with federal, state, and local housing regulations, including conducting regular audits and assessments.
* Provide expert guidance on compliance issues, resolving challenges promptly to ensure the development's success and continued regulatory adherence.
* Execute front line functions at Related's affordable communities reviewing initial move-in / first year resident, as well as ongoing recertification files to ensure compliance with federal, state and city regulatory program requirements as well as Fair Housing regulations
* Participate in preparation of Low Income Housing Tax Credit / Management Occupancy Review's / Agency and partnership reviews
* Assist Development Team in preparation of preliminary data gathering for potential deals
* Partnering with public agencies, consultants, and industry experts to strengthen the goals of the company's affordable housing program
* Engaging with public agencies and industry experts to identify standards and best practices
* Train new team members in compliance functions
* Review LIHTC monthly, quarterly and annual owner certifications, as well as examine tenant files in preparation for LIHTC file audits, Management Occupancy Reviews (MOR) and review responses corresponding to agency audits
* Respond to inquiries regarding various affordable housing inquiries or appeals
* Stay current with Federal, state and local updates about to various program requirements
* Prepare and update Compliance Narratives to summarize regulatory as well as state, city and local requirements for properties
* Assist in preparing and submitting Affirmative Fair Housing Marketing Plans, Tenant Selection Plans, and lease packages, etc.
* Review contracts to ensure compliance with Company's policies
* Monitor legal cases
* Design staff training protocols and materials in collaboration with supervisor and internal staff members
* Ensure affordable housing occupancy rates are minimal
Compensation:
* $170,000 - $190,000 / Year
* Annual Performance Bonus
Benefits:
* Personalized Health Care: Multiple medical, dental, and vision plan options; Employee Assistance Program
* Financial Benefits: Competitive salary and incentive packages; matching 401(k); FSAs and HSA; employer-paid life and AD&D insurance; paid leave & disability programs
* Social Wellness: 19+ days of PTO; mental health counseling & resources; fertility, surrogacy, and adoption assistance; volunteer days and donation matching
* Career Development: Learning & training programs; tuition & certification reimbursement; internal advancement opportunities
Qualifications
* TaCCs or COS required
* Knowledge Yardi preferred
* Excellent knowledge of Microsoft Office Suite
* Bachelor's degree required, JD preferred
* Familiarity with HUD, HPD, HDC, EDC, DHCR, 15/15, HRA, CityFHEPS
* Detail oriented, organized and strong analytical skills. Creativity and initiative to work both independently as well as within a team while able to perform in a busy, changing, multi-tasking work environment.
* NY Notary License
Overview
Related Management Company (RMC) is the leading innovator in managing real estate as an owner/operator. There is strength in numbers - RMC operates hundreds of properties in 22 states and Washington, D.C., providing our employees with unparalleled growth opportunities. Our portfolio includes affordable, workforce, market-rate, and luxury housing. We are passionate about exceeding quality expectations in every single asset class. As a subsidiary of Related Companies, we've been at the forefront of sustainability too, with most of our new developments pursuing LEED Silver certification or higher.
At RMC, we Welcome Everyone. It is our mindset that welcomed employees invoke welcomed residents. When you work here, you're encouraged to be your best, authentic self. With persistent focus, we are strengthening internal mobility, employee engagement, and investing in leadership development to continuously improve the employee experience.
Related is an Equal Opportunity Employer
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