Compliance Specialist

Posted 5 Days Ago
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Saint Paul, MN, USA
In-Office
32-38 Hourly
Mid level
Real Estate
The Role
Manages affordable housing compliance by auditing applicant and resident files, tracking recertifications, verifying signatures and eligibility, preparing compliance reports, and supporting lease-ups, training, and owner reporting. The role works with property management teams and third-party processors, applies Housing Tax Credit and Fair Housing requirements, and travels to properties as needed. It requires at least three years of affordable housing compliance experience, strong organization, attention to detail, and proficiency with Microsoft Office, Yardi, and RentCafe.
Summary Generated by Built In

Purpose: The Compliance Specialist is responsible for daily management of applicant resident files to ensure each property is compliant with all funding requirements. The Compliance Specialist also supports as well as local housing rules and regulations and company policy. The Compliance Specialist also assists with lease-up activities of new sites and training of property management and/or leasing staff.


Job Duties and Responsibilities:


·         Track all annual recertifications to ensure each file is completed at least 30-days prior to the effective date.

·         Audit move in and annual recertification packets to ensure each file qualifies under all funding regulations.

·         Accurately review compliance information in Yardi/Rent Cafe, generate tenant income certification for Property Manager to obtain signature(s).

·         Verify all adult applicant/resident signatures are obtained on the day of move in or prior to the effective date for an annual recertification

·         Audit each digital resident file in accordance with Real Estate Equities policies to ensure each applicant/resident file is complete and ready for a 3rd party audit.

·         Develop and maintain positive working relationships with compliance team and property management to promote a positive image for the development, housing programs, and Real Estate Equities.

·         Prepares various compliance reports to present to the Director of Compliance

·         Assist with lease-up activities of new sites, which may include attending meetings, providing staffing support, assisting with processing files, and organization of new resident files.

·         Assist with training of site property management and/or affordable housing leasing staff.

·         Direct correspondence with 3rd party compliance processors.

·         Assist with completing monthly and annual year-end owner reporting requirements.

·        Travel as needed to properties in state and out of state to assist site teams with lease ups, and training compliance


Non-Essential Job Duties:

·         Perform other duties, as assigned. 


Position Requirements:


·         Minimum 3 years of affordable housing compliance experience, including Housing Tax Credit. 

·         Industry compliance certifications preferred or ability to obtain within the next 12 months of hire.

·         Must possess the ability to communicate effectively, both written and oral.

·         Strong organization/planning skills, with ability to pay close attention to detail and multi-task. 

·         Must have the ability to meet deadlines and work in a fast-paced environment. 

·         Must have intermediate proficiency with Microsoft Office applications, Yardi and Rent Café experience, preferred.

·         Travel  as necessary to help at REE sites in the Metro and Rochester area. Must work at REE corporate office or on site 1 day per week. 

·         Must have a valid driver’s license, insurance, and a reliable vehicle.

·         Thorough knowledge and application of Fair Housing Laws.

·         Consistently follow, enforce and support REE screening criteria as required by the Fair Housing Laws and REE.


Physical Requirements:

Sit for extended periods of time in front of a computer.

Ability to sit, stand, bend and stoop and go up and down stairs as necessary.

Ability to lift up to 10 pounds.


Skills Required

  • Minimum three years of affordable housing compliance experience, including Housing Tax Credit
  • Industry compliance certification or ability to obtain certification within 12 months of hire
  • Effective written and oral communication skills
  • Strong organization and planning skills
  • Ability to maintain close attention to detail and multitask
  • Ability to meet deadlines and work in a fast-paced environment
  • Intermediate proficiency with Microsoft Office applications
  • Yardi and RentCafe experience
  • Thorough knowledge and application of Fair Housing Laws
  • Ability to follow, enforce, and support company screening criteria under Fair Housing Laws
  • Willingness to travel to company properties as needed, including Metro and Rochester area sites
  • Ability to work at the corporate office or on site one day per week
  • Valid driver's license, insurance, and reliable vehicle
  • Ability to sit for extended periods and perform physical activities including standing, bending, stooping, stairs, and lifting up to 10 pounds
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The Company
131 Employees
Year Founded: 1972

What We Do

Real Estate Equities is a Twin Cities-based real estate firm focused on developing, owning, and managing multifamily housing, especially affordable housing, alongside market-rate apartments and senior living. Its services span property and asset management, development and construction, occupancy management, accounting, facilities maintenance, marketing, and lease-up. The company operates across Minnesota, Wisconsin, Indiana, Arizona, and other regional markets, with a mission to provide housing, build communities, and enhance lives.

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