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Director of Affordable Housing Compliance

Company: Related Companies
Location: Daly City
Posted on: April 9, 2021

Job Description:

ResponsibilitiesWhy choose Related? Click here to watch a short video: The Director of Affordable Housing Compliance - San Francisco, under the guidance and supervision of the Vice President of Operations and the General Counsel for Related Management Company, L.P., is responsible for ensuring compliance in the operation of the affordable housing programs (LIHTC, bond, and otherwise) within Related Management Company's San Francisco luxury portfolio, which currently consists of over 400 affordable units spread across four unique, best-in-class, luxury multifamily projects (collectively, the "Projects"). Responsibilities:

  • Foster and develop relationships with local and state overseeing agencies with jurisdiction over the affordable housing programs located Projects, including but not limited to the California Tax Credit Allocation Committee (CTCAC), the San Francisco Mayor's Office of Housing and Community Development (MOHCD), and others (collectively, the "Agencies")
  • Complete and submit any required documentation that must be submitted to the Agencies that must be completed or updated (e.g., the marketing plan, tenant selection plan, and affirmative fair housing marketing plan), with the assistance of other Related Management Company legal and compliance staff.
  • Work with the staff of the Projects to complete initial eligibility interviews for occupancy, and review all initial affordable move-in files, as well as ongoing recertification files, to ensure compliance with federal, state and city regulatory program requirements as well as Fair Housing regulations.
  • Oversee affordable housing compliance functions, including filling vacancies and the completion of annual recertifications, at the Projects.
  • Monitor and manage affordable housing waitlists for the Projects to minimize vacancies.
  • Evaluate and respond to any appeals made by rejected applicants for housing in a timely fashion.
  • Supervise and provide training for on-site Project staff in relation to affordable housing compliance functions, including but not limited to initial certification and leasing efforts, recertification efforts, agency and investor reporting requirements, tenant and applicant communications, waitlist management, remarketing, and other related tasks on an as-needed basis.
  • Review and prepare monthly, quarterly and annual reports and owner certifications to the Agencies, as well as financing partners and other institutions, as needed.
  • Coordinate with leasing and site operations staff, including the general managers and and assistant general managers of the Projects, to fill affordable vacancies.
  • Coordinate with fair housing counsel to ensure site teams are trained in fair housing and reasonable accommodations and assist teams in evaluating reasonable accommodation and modification requests.
  • Prepare Project site teams for scheduled file audits, examine tenant files in preparation for audits, and review responses corresponding to agency audits
  • Appropriately field and direct inquiries received by the management company or the owners of the Projects regarding the portfolio's affordable housing programs
  • Prepare and submit Affirmative Fair Housing Marketing Plans and Tenant Selection Plans to the Agencies.
  • Monitor ongoing legal (e.g., landlord tenant litigation) and fair housing cases.
  • Assist the management company and project owners in the planning and implementation of any future projects in San Francisco that have an affordable housing component.
  • Update city and state mandated marketing efforts for affordable housing vacancies as required.
  • Oversee the implementation of updated income limits and utility allowances on an annual basis.
  • Stay current with federal, state and local updates about to various program requirements.
  • Partner with public agencies, consultants and industry experts to strengthen the goals of the company's affordable housing program. Qualifications
    • Knowledge of U.S. Department of Housing and Urban Development (HUD) and the Low Income Housing Tax Credit (LIHTC) programs is required
    • TCS, TaCCs, COS, AHM, BOS, or other widely-recognized affordable housing compliance certification required
      • Familiarity with CTCAC, MOHCD, and other state and local affordable housing oversignt agencies
      • Experience with affordable housing recertification processes required, initial project lease-up experience preferred
      • Proficiency in the use of the Microsoft Office Suite
      • Bachelor's degree required
      • 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. #LU1 OverviewRelated Management Company (RMC) is the owner and operator of a premier portfolio of assets valued at over $60 billion. Our operating portfolio consists of a diversified mix of properties including luxury rental buildings, retail and commercial space, luxury condominium residences, affordable and workforce housing located throughout the United States. As the owner and developer for the majority of the RMC portfolio, we have ensured that our buildings are the best assets in their respective submarkets. We provide a diligently maintained property management platform with dedicated professionals who consistently exceeds our residents' and commercial tenants' expectations. Our dedication to providing the highest and most personalized level of service is one of the hallmarks of the company and a key differentiator in the market. For more please visit . Related is an Equal Opportunity Employer For information about how we use your personal information, including information submitted for career opportunities, please review our Privacy Policy at .

Keywords: Related Companies, Daly City , Director of Affordable Housing Compliance, Executive , Daly City, California

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