MSB Resources
Overview
The Vice President of Compliance is a key strategic leader, guiding compliance, property management, and ownership teams to ensure full adherence to all affordable housing program requirements. This role safeguards compliance with LIHTC, HUD, and other housing regulations, and fosters a culture of understanding and accountability across the portfolio. The VP oversees and mentors a team of compliance specialists, directing their daily work to keep properties audit-ready and program-compliant. Serving as the go-to expert, the VP provides hands-on technical support, policy interpretation, and regulatory guidance to both compliance and property management staff—driving operational excellence, mitigating risk, and strengthening the organization’s commitment to affordable housing. At the direction of the Senior Vice President of Compliance, the VP of Compliance is directly responsible for the following:
Lead, manage, and direct the activities of the compliance specialists within their team.
Ensure and certify all initial qualifying household files from initial move-in/qualification through 1st year recertification for all new/re-syndication LIHTC properties and units are fully vetted and in compliance with all LIHTC income requirements. This includes review and certification by in-house compliance resources as well as 3rd-Party LIHTC audit resources.
Ensure all tenant’s files, its records, and waiting list are maintained in accordance to the governing agency’s standards.
Liaison and build proactive, positive relationships with investors, state housing finance agencies, Department of Housing and Urban Development (HUD), Public Housing Agencies (PHAs) and other regulatory agencies.
Provide an audit, review, and pre-occupancy/finalization approval process for move-in initial household income certifications across all applicable affordability programs for any given property/unit (e.g. LIHTC, Sec. 8, Sec. 236, Home, Bond, etc.).
Audit Resident Files for compliance with LIHTC (Section 42), HUD Section 8 projects, and state/local requirements where applicable.
Support property managers and regional managers when they have questions regarding compliance programs or procedures.
Provide regular updates to the SVP of Compliance on the activities of their compliance team.
Pursue and maintain current, comprehensive knowledge of all affordable housing compliance programs present in the companies’ current or potential portfolio, ensuring awareness of and procedural guidelines for administering and maintaining compliance with those programs.
Ensure all compliance-related internal and external required reporting, including annual state agency LIHTC compliance reporting, is completed and submitted accurately and timely.
Oversee completion of files to ensure they are compliant with applicable Affordable Programs including Move-Ins, Annual Recertification, Interim Recertification, Gross Rent Changes, Terminations, and Initial Certifications.
Monitor waitlists and EIV master binders for compliance with federal regulations and requirements.
Assist Senior Vice President of Compliance in preparing and submitting HUD documents, such as Affirmative Fair Housing Marketing Plans, Tenant Selection Plans, lease packages, etc.
Provide superior customer service to residents and prospective tenants by promptly responding to all incoming calls, messages, and emails in a professional, respectful manner.
Qualifications
To perform this job successfully, an individual must be able to complete all essential duties in a fast-paced, high volume team environment and meet strict deadlines; effective communication skills; ability to interface effectively and professionally with executives, owners, asset managers, agency representatives and department staff; performance management experience (including training, coaching, mentoring); management experience building and managing a highly engaged team; ability to work effectively independently and as part of a team of professionals; experience reviewing, interpreting, and applying government regulations; and demonstrate knowledge with affordable software, preferably RealPage and Yardi. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Certifications: Formal training and/or certification in related field necessary (HCCP, SHCM, C3P, COS, CPO, BOS or equivalent).
Education: A college degree is preferred, but not required. The position requires the ability to read and write English fluently, the ability to accurately perform mathematical functions and the ability to understand and perform all software functions.
Professional Experience: A minimum of five (5) years of experience in compliance monitoring of HUD-assisted & LIHTC multifamily housing properties. Prior successful supervision and/or management experience is highly preferred.
Skills: The position requires, but is not limited to, the following:
Strong written and verbal communication skills
Proficient in Microsoft Word, Excel, Outlook
Knowledgeable in SharePoint and Smart Sheets
Strong knowledge of LIHTC and HUD regulations
Strong knowledge of the IRS 8823 Guide as well as the HUD Manual 4350.3
Ability to work in a fast-paced environment
Ability to take charge and ownership of projects
Self-starter and independent worker
Computer Skills
Intermediate-advanced knowledge of computers
Intermediate-advanced knowledge of MS Office- Outlook, Word, Excel, Power Point
Advanced knowledge of Yardi
Ability to develop advanced knowledge of other programs or systems as needed
Basic knowledge of Internet
Apply today for immediate consideration or contact Jennifer Branscome to learn more! 215-661-8834 x 108
jennifer@msbresources.com
#J-18808-Ljbffr
The Vice President of Compliance is a key strategic leader, guiding compliance, property management, and ownership teams to ensure full adherence to all affordable housing program requirements. This role safeguards compliance with LIHTC, HUD, and other housing regulations, and fosters a culture of understanding and accountability across the portfolio. The VP oversees and mentors a team of compliance specialists, directing their daily work to keep properties audit-ready and program-compliant. Serving as the go-to expert, the VP provides hands-on technical support, policy interpretation, and regulatory guidance to both compliance and property management staff—driving operational excellence, mitigating risk, and strengthening the organization’s commitment to affordable housing. At the direction of the Senior Vice President of Compliance, the VP of Compliance is directly responsible for the following:
Lead, manage, and direct the activities of the compliance specialists within their team.
Ensure and certify all initial qualifying household files from initial move-in/qualification through 1st year recertification for all new/re-syndication LIHTC properties and units are fully vetted and in compliance with all LIHTC income requirements. This includes review and certification by in-house compliance resources as well as 3rd-Party LIHTC audit resources.
Ensure all tenant’s files, its records, and waiting list are maintained in accordance to the governing agency’s standards.
Liaison and build proactive, positive relationships with investors, state housing finance agencies, Department of Housing and Urban Development (HUD), Public Housing Agencies (PHAs) and other regulatory agencies.
Provide an audit, review, and pre-occupancy/finalization approval process for move-in initial household income certifications across all applicable affordability programs for any given property/unit (e.g. LIHTC, Sec. 8, Sec. 236, Home, Bond, etc.).
Audit Resident Files for compliance with LIHTC (Section 42), HUD Section 8 projects, and state/local requirements where applicable.
Support property managers and regional managers when they have questions regarding compliance programs or procedures.
Provide regular updates to the SVP of Compliance on the activities of their compliance team.
Pursue and maintain current, comprehensive knowledge of all affordable housing compliance programs present in the companies’ current or potential portfolio, ensuring awareness of and procedural guidelines for administering and maintaining compliance with those programs.
Ensure all compliance-related internal and external required reporting, including annual state agency LIHTC compliance reporting, is completed and submitted accurately and timely.
Oversee completion of files to ensure they are compliant with applicable Affordable Programs including Move-Ins, Annual Recertification, Interim Recertification, Gross Rent Changes, Terminations, and Initial Certifications.
Monitor waitlists and EIV master binders for compliance with federal regulations and requirements.
Assist Senior Vice President of Compliance in preparing and submitting HUD documents, such as Affirmative Fair Housing Marketing Plans, Tenant Selection Plans, lease packages, etc.
Provide superior customer service to residents and prospective tenants by promptly responding to all incoming calls, messages, and emails in a professional, respectful manner.
Qualifications
To perform this job successfully, an individual must be able to complete all essential duties in a fast-paced, high volume team environment and meet strict deadlines; effective communication skills; ability to interface effectively and professionally with executives, owners, asset managers, agency representatives and department staff; performance management experience (including training, coaching, mentoring); management experience building and managing a highly engaged team; ability to work effectively independently and as part of a team of professionals; experience reviewing, interpreting, and applying government regulations; and demonstrate knowledge with affordable software, preferably RealPage and Yardi. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Certifications: Formal training and/or certification in related field necessary (HCCP, SHCM, C3P, COS, CPO, BOS or equivalent).
Education: A college degree is preferred, but not required. The position requires the ability to read and write English fluently, the ability to accurately perform mathematical functions and the ability to understand and perform all software functions.
Professional Experience: A minimum of five (5) years of experience in compliance monitoring of HUD-assisted & LIHTC multifamily housing properties. Prior successful supervision and/or management experience is highly preferred.
Skills: The position requires, but is not limited to, the following:
Strong written and verbal communication skills
Proficient in Microsoft Word, Excel, Outlook
Knowledgeable in SharePoint and Smart Sheets
Strong knowledge of LIHTC and HUD regulations
Strong knowledge of the IRS 8823 Guide as well as the HUD Manual 4350.3
Ability to work in a fast-paced environment
Ability to take charge and ownership of projects
Self-starter and independent worker
Computer Skills
Intermediate-advanced knowledge of computers
Intermediate-advanced knowledge of MS Office- Outlook, Word, Excel, Power Point
Advanced knowledge of Yardi
Ability to develop advanced knowledge of other programs or systems as needed
Basic knowledge of Internet
Apply today for immediate consideration or contact Jennifer Branscome to learn more! 215-661-8834 x 108
jennifer@msbresources.com
#J-18808-Ljbffr