Compliance Specialist II

Compliance Specialist II

Based in Phoenix, Arizona | 501(c)(3) Nonprofit Organization

Admin Building 3216 N 3rd Street, Phoenix, AZ 85012

Schedule:

Monday - Friday 8:00 AM - 5:00 PM

The position of Compliance Specialist II reports to the Director of Compliance and Asset Management and provides results-driven regulatory compliance strategies within NAC’s workforce (affordable) housing portfolio. The role oversees all LIHTC, HOME, HTF, NSP and other funding sources, ensuring compliance with all regulatory agreements and income qualification for all tenants on an ongoing basis. The specialist serves as the subject matter expert for periodic questions and issues that arise regarding the certification process.

• Oversee and ensure compliance with all policy/processes and funding regulations for assigned workforce housing properties.
• Prioritize completion of certification file review and approval, ensuring files are reviewed within a 72‑hour period.
• Preliminary review of all application and annual certification paperwork based on program compliance guidelines for assigned properties.
• Monitor timeliness of annual re‑certification to ensure accurate tenant certification in accordance with property-specific funding program requirements.
• Attend site audits and inspections conducted by regulatory agencies or investors as assigned.
• Conduct on‑site tenant file internal audits and provide recommendations for corrective actions to bring files into compliance.
• Assist in the lease‑up of new properties to support the mission of housing urban Native Americans while maintaining Fair Housing practices.
• Attend and complete all assigned tax credit, HOME, and other necessary training courses to keep current knowledge of regulatory requirements.
• Provide guidance and conduct training to site property management staff regarding rules and regulations of funding sources, federal programs, and NAC policy and processes.
• Provide guidance and training on the use of the property management system (One Site).
• Assist in gathering documentation and completing annual City, State, Federal, and other funding source compliance reporting.
• Complete pre‑move‑in inspections of vacant units to ensure readiness for occupancy.
• Assist in updating and maintaining NAC property waitlist.
• Other duties as assigned.

• High School graduate or GED.
• Minimum five years of experience working with and knowledge of the Low Income Housing Tax Credit program, HUD housing funding programs, rental subsidy programs, and other affordable housing funding sources.
• At least five years of experience in the affordable housing industry.
• Knowledge of Fair Housing rules, regulations, and practices.
• Must have reliable transportation and meet all AZ state insurance requirements (site travel is required).
• Experience in reviewing and completing complex household certifications (e.g., multiple revenue streams and/or student households).
• Experience working with mixed‑income properties (e.g., market rate units in addition to tax credit units) and managing 140% over‑income households within established set‑asides.

• Knowledge and proficiency with Microsoft Office suite; proficiency in industry standard software such as Real Page preferred.
• Detail oriented with strong organizational skills and ability to follow processes.
• Outstanding verbal and written communication skills.
• Exercises sound judgment.
• Ability and motivation to meet deadlines.
• Ability to prioritize, be resourceful, and manage changing priorities.
• Ability to work independently and complete tasks within established deadlines.
• Ability to demonstrate diplomacy when addressing noncompliance with staff, applicants, and residents.
• Comprehensive understanding of Section 42 (LIHTC), HUD HOME & regulations requirements.
• Knowledge of other affordable housing funding programs such as State Housing Trust Fund, National Housing Trust Fund, Neighborhood Stabilization Program, or FHLB AHP.
• Knowledge of local, state, and federal housing regulations and property management.
• Proficiency in MS Office Suite and Outlook.
• Experience working with the Native American population is…