Affordable Housing and Compliance Manager

Affordable Housing and Compliance Manager

With over 30 years of experience in the acquisition, development, rehabilitation, and management of apartment communities across the Western United States, we are a trusted partner in the property management industry. At MG Properties, we focus on enriching lives – physically in our community buildings, philanthropically through giving back to our local communities, and through development and growth of our employees.

The Affordable Housing and Compliance Manager will fulfill two enterprise level regulatory compliance needs of the firm. The first is to ensure that all affordable housing compliance department obligations are satisfied for all applicable properties in the portfolio, which can include but may not be limited to reading, analyzing and summarizing property affordable housing requirements, executive level reporting to and maintaining relationships with housing agencies, scheduling property inspections, verifying resident qualifications, approving prospective tenant applications, maintaining certifications and recertifications and developing internal compliance process and procedures.

Affordable housing programs can include HUD, state, county and city level obligations. Additionally, this position will coordinate and manage relationships with designated third parties for the submission, tracking and reporting of applicable energy and water use benchmarking as may be mandated by city, state, federal and utility provider laws and regulatory requirements. In conjunction with this effort, this position will manage energy and water efficiency reporting as required with property lenders and equity partners.

This will be an in office position, 5-days per week

• Manager, supervise and train on-site associates to ensure proper procedures are followed in all waiting lists, application, income calculation, qualification, move-in, annual recertification for all income restricted apartment homes.
• Establish and maintain formalized Affordable programs and procedures applicable to federal, state and local regulations.
• Keep current on all changes in affordable housing regulations and distribute this information to Property Management associates
• Oversee all aspects of the file review process for calculation accuracy and verification compliance.
• Implement affordable housing file audit procedures throughout the portfolio to ensure compliance with tax exempt bond, tax credit and other affordable housing programs
• Prepare, roll out and maintain formalized policies and procedures relating to all aspects of the affordable housing programs.
• Ensure appropriate affordable housing training is provided to all applicable on-site associates on a regular basis.
• Interact with residents in a courteous and professional manner- approve files as needed
• Assess and make recommendations to the Director of Procedures and Compliance regarding action plans for non-compliant communities and management training needs.
• Complete annual and interim recertifications; complete audit unit inspections; ensure compliance with tenant selection plan
• Complete monthly billing; maintain and accurate and compliant wait list

• Coordinate and manage the executive level relationship with designated third parties for the submission, tracking and reporting of applicable energy and water use benchmarking required by lenders.
• Lead the relationship with Bright Power or other service providers submitting energy and water use benchmarking (BPS – Building Performance Standards) compliance reporting to loan servicers as required.
• Maintain and update lists of property loans that require benchmarking reporting, the type of reporting required and the dates due.
• Troubleshoot data availability, utility account access, and letters of authorization may be needed to submit complete benchmarking reporting.
• Usage variance analysis (Conservice and Bright Power identified) and tactical solutions follow up to save properties on large, aberrant utility costs
• Utility rate structure analysis and verification with Bright Power for current property in the portfolio and shortly after each acquisition
• Support ops teams with…