Director of Compliance – Affordable Housing

Responsibilities

Why choose Related? Click here to watch a short video https://vimeo.com/434453619

The Director of Affordable Housing Compliance – Southern California, under the guidance and supervision of the Vice President of Affordable Housing Operations and the General Counsel for Related Management Company, L.P., is responsible for ensuring compliance in affordable and income-restricted housing programs housing programs across Related Management Company’s Southern California luxury portfolio, including but not limited to the successful management, oversight and execution of the lease-up of 89 affordable units located within The Grand, a unique, best-in-class, mixed-use development located Downtown Los Angeles.

Responsibilities:

  • Train and develop a staff (currently anticipated to consist of three individuals) to complete all required marketing, applicant tracking/processing/interviewing, file review and ultimate applicant approval processes required for the initial affordable lease-up of 89 affordable units at the Grand
  • Foster and develop relationships with local and state overseeing agencies with jurisdiction over The Grand, including but not limited to the HCIDLA
  • Schedule any required meetings with HCIDLA, or other agencies, to prepare for the initial affordable lease-up of The Grand (including any affordable housing marketing or compliance meetings)
  • Complete and submit any required documentation that must be submitted to HCIDLA, or any other agency, before the affordable lease-up is allowed to commence (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
  • After completion of the affordable lease-up, at The Grand, 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 other existing affordable projects within the Related Rentals luxury portfolio in Southern California, which currently consists of one additional project.
  • Monitor and manage affordable housing waitlists 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 compliance staff, 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 various state and local agencies, as well as financing partners and other institutions, as needed
  • Coordinate with leasing and site operations staff, including the site general manager and associate general manager, 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 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 regarding the portfolio’s affordable housing programs
  • Prepare and submit Affirmative Fair Housing Marketing Plans and Tenant Selection Plans to City and State Agencies
  • Monitor ongoing legal and fair housing cases
  • 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 HCIDLA and other state and local affordable housing oversight agencies
  • Experience with affordable housing recertification processes and initial project lease-up experience
  • 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.

#APKB20

Overview

Related 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 www.Related.com

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 https://www.related.com/privacy-policy.

Related Post