Ironhold Asset Management
Compliance Specialist
Skills
12 days ago
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Important information
Contract type:
Permanent
Salary:
$48,000 – $60,000 / year
Location:
St. Charles, IL, USA
Work mode:
Onsite
Published on:
14 October 2026
What they need
Job Title: Compliance Specialist – Affordable Housing (LIHTC / HOME / PSH)
About the Role
We are seeking a detail-oriented Compliance Specialist to support our affordable housing portfolio in Illinois. In this role, you will review and approve resident applications, process annual recertifications and renewals, and prepare and maintain required compliance documentation for properties financed through LIHTC, HOME, Permanent Supportive Housing (PSH), and IHDA programs. You will help ensure our properties stay in good standing with funders, auditors, and regulators.
Key Responsibilities
Review, verify, and approve applications for eligibility under LIHTC, HOME, PSH, and IHDA program requirements, including income, household composition, and student status rules
Prepare, review, and process Tenant Income Certifications (TICs) for move-ins, annual recertifications, and interim recertifications
Complete and maintain Lease-Up / Tenant Occupancy forms and other required program paperwork, including LTO forms and supporting documents
Manage lease renewals and annual recertification schedules, ensuring all paperwork is completed accurately and on time
Verify income and assets using third-party verifications and supporting documentation
Maintain complete, accurate, and audit-ready tenant files
Monitor unit and household compliance, including rent limits, utility allowances, set-asides, and occupancy requirements
Prepare for and support IHDA, HUD, and other funder monitoring reviews and file audits; help respond to findings and corrective actions
Ensure all leasing and notice practices comply with the Illinois Landlord and Tenant Act and applicable local ordinances (including the Chicago RLTO where applicable), as well as Fair Housing laws
Coordinate with property management, onsite staff, and supportive service providers to resolve compliance issues
Prepare compliance reports and track key deadlines and program requirements
Required Qualifications
Hands-on experience with LIHTC compliance, including TICs and recertifications
Experience with HOME, PSH, and/or IHDA-financed developments
Working knowledge of Illinois landlord-tenant law and Fair Housing requirements
Strong attention to detail, organization, and ability to meet deadlines
Strong written and verbal communication skills
Proficiency with property management and compliance software (such as Yardi, RealPage, or similar) and Microsoft Office
Certifications
Active housing compliance certifications are preferred (e.g., HCCP, C3P, or NAHMA/SHCM-related credentials). Candidates who do not yet hold these certifications must be willing and able to complete the required coursework and pass the certification exam(s) within a timeframe set by the company.
Preferred Qualifications
Experience working with formerly homeless or special-needs populations in a PSH setting
Prior experience with IHDA audits or monitoring visits
Associate's or bachelor's degree in a related field, or equivalent experience
What We Offer
Competitive salary based on experience
Support and paid time for certification coursework and exam fees
Opportunity to make a meaningful impact in affordable housing
Collaborative team environment with growth opportunities
We are an Equal Opportunity Employer and welcome applicants of all backgrounds.
Pay: $48,000.00 - $60,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
Work Location: In person
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