CRES Management, LLC

We are seeking an experienced and detail-oriented LIHTC Property Compliance Supervisor to oversee affordable housing compliance and ensure properties operate in accordance with Low-Income Housing Tax Credit (LIHTC) program requirements and applicable federal, state, and local regulations.
The ideal candidate will have a strong background in affordable housing compliance, experience supervising or supporting compliance teams, and a thorough understanding of income and asset calculations, tenant eligibility, file reviews, and regulatory requirements. This individual will help maintain compliance standards, minimize risk, and provide guidance and training to property management staff.
Key Responsibilities
<ul>
<li>Oversee LIHTC compliance activities across a portfolio of affordable housing properties.</li>
<li>Review and audit tenant files, move-in certifications, annual recertifications, and supporting documentation for accuracy and completeness.</li>
<li>Ensure compliance with LIHTC regulations, applicable state housing agency requirements, and property-specific regulatory agreements.</li>
<li>Monitor income limits, rent restrictions, student eligibility rules, and household qualification requirements.</li>
<li>Conduct internal file audits and property compliance reviews, identifying deficiencies and implementing corrective action plans.</li>
<li>Provide training, technical guidance, and ongoing support to property managers and leasing teams on affordable housing compliance procedures.</li>
<li>Monitor compliance deadlines and ensure timely completion of certifications, recertifications, and required reporting.</li>
<li>Coordinate with ownership, property management, state agencies, auditors, and other stakeholders regarding compliance matters.</li>
<li>Maintain current knowledge of regulatory updates and communicate changes in requirements, policies, and procedures.</li>
<li>Develop and maintain standardized compliance processes, checklists, and reporting tools.</li>
<li>Assist with preparing for regulatory inspections, file reviews, and external audits.</li>
</ul>
Required Qualifications
<ul>
<li>Minimum of 5+ years of experience in LIHTC, affordable housing compliance, or a closely related field.</li>
<li>Strong working knowledge of LIHTC regulations, tenant eligibility, income and asset calculations, rent restrictions, and certification requirements.</li>
<li>Experience reviewing tenant files and identifying and resolving compliance deficiencies.</li>
<li>Strong organizational skills and exceptional attention to detail.</li>
<li>Excellent written and verbal communication skills.</li>
<li>Ability to manage multiple properties, deadlines, and priorities effectively.</li>
<li>Proficiency in Microsoft Office and affordable housing property management or compliance software.</li>
<li>Ability to work collaboratively with property management teams and provide clear compliance guidance.</li>
<li>HCCP (Housing Credit Certified Professional) certification.</li>
<li>TCS (Tax Credit Specialist) certification.</li>
<li>Previous experience in a compliance supervisory or leadership role.</li>
<li>Experience overseeing compliance across a multifamily affordable housing portfolio.</li>
<li>Familiarity with state housing finance agency requirements and affordable housing regulatory reporting.</li>
</ul>
Pay: $70,000.00 - $95,000.00 per year
Benefits:
<ul>
<li>401(k) matching</li>
<li>Dental insurance</li>
<li>Flexible spending account</li>
<li>Health insurance</li>
<li>Life insurance</li>
<li>Paid time off</li>
<li>Vision insurance</li>
</ul>
Work Location: In person

LIHTC Property Compliance Supervisor

LIHTC Property Compliance Supervisor

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