Compliance Lease Up Specialist- LIHTC
Compliance Lease Up Specialist- LIHTC

Compliance Lease Up Specialist- LIHTC

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead compliance efforts for affordable housing lease-ups and ensure adherence to regulations.
  • Company: Purpose-driven real estate firm focused on building affordable communities nationwide.
  • Benefits: Generous medical, dental, and vision plans, plus 401(k) matching and paid time off.
  • Why this job: Make a real impact in affordable housing while developing your career in a dynamic environment.
  • Qualifications: 3 years of affordable housing compliance experience and strong communication skills required.
  • Other info: Up to 90% travel required; $2,500 sign-on bonus offered.

The predicted salary is between 36000 - 60000 £ per year.

Fairstead is a purpose-driven real estate firm dedicated to building affordable communities across the country. Headquartered in New York, with offices in Colorado, Florida, and Washington DC, Fairstead owns and manages a portfolio of more than 27,000 apartments across 28 states. As an integrated owner, operator, and innovator, Fairstead brings development, construction, and property management under one unified platform to deliver high-quality affordable housing that serves our residents at scale.

Fairstead seeks to create and preserve housing that serves residents while delivering long-term value to communities, partners, and stakeholders. We challenge industry norms through a tech-forward, entrepreneurial approach to affordable housing and operate innovative service lines designed to improve resident outcomes, strengthen communities, and drive operational efficiency.

Fairstead is seeking a Compliance Lease-Up Specialist to join our property management team. In this role, the Compliance Lease-Up Specialist will lead all compliance efforts related to the lease-up phase, ensuring 100% adherence to federal, state, and local housing regulations. This role is responsible for maintaining compliance with all federal and state housing regulations, including Low Income Housing Tax Credits (LIHTC) and HUD Project-Based Section 8.

This compliance role will work alongside leasing, operations, and social services teams to guarantee a smooth, timely, and fully compliant lease-up experience, as well as acting as a liaison between site staff, residents, housing agencies, and other stakeholders to maximize economic outcomes and minimize operational risks.

Offering a $2,500 Sign-on bonus. Up to 90% travel is required.

Responsibilities:
  • Oversee compliance during the initial lease-up and/or takeover phases, ensuring documentation and reporting are completed on time for management and external agencies.
  • Ensure the accurate and timely processing of all tenant and resident third party verifications, and compliance paperwork requirements.
  • Conduct detailed initial reviews of lease-up files, ensuring accuracy, completeness, and program eligibility prior to submission to regulatory agencies.
  • Establish a standardized review process and Quality Assurance check to streamline file approvals and reduce error rates.
  • Facilitate and schedule weekly compliance check-in calls to ensure goals and workflows keep pace with unit delivery, qualification, and occupancy timelines.
  • Assist with onboarding and compliance support for new site team members, when needed.
  • Ensure all final approved lease-up resident files are uploaded into SharePoint, OneSite/Yardi (as applicable), and investor platforms.
  • Ensure the state monitoring databases are updated monthly (or more frequently) as required.
  • Ensure documentation/forms used by site staff are up to date.
  • Serve as the primary compliance liaison for file submissions, approvals, and audits.
  • Ensure timely responses to audit findings and implement corrective action plans as necessary.
  • Perform other duties assigned.
Benefits:
  • Generous employer contribution for Medical and Dental.
  • Employer Paid Vision Plans.
  • Company Matched 401(k) Retirement Plan: 100% of the first 3%; 50% of the next 2%.
  • 12 paid Holidays.
  • 15 days of PTO.
  • 7 Sick days.
  • Employer Paid Life Insurance.
  • Flexible Spending Account.
  • Nationwide Pet Insurance.
  • Disability Insurance.
  • Laser Correction Discount.
  • Employee Discounts on appliances, apparel, and more.
Qualifications:
  • 90-100% Travel Required.
  • Three (3) years of affordable housing compliance experience with strong knowledge of affordable housing multifamily leasing and compliance for both LIHTC and PBRA Section 8 programs.
  • Must have recent experience with LIHTC Initial Lease-Ups or LIHTC Acquisition/Rehab Lease Ups.
  • COS Certification through NCHM required or must be able to obtain within first 60 days of employment.
  • HCCP, BOS, AHM, or other widely known affordable housing compliance certifications are preferred.
  • Excellent communication skills - written and oral.
  • Strong interpersonal skills, including experience managing people (in multiple locations preferred).
  • Strong organizational, prioritization, and time management skills.
  • Extremely detail-oriented.
  • Able to thrive in a fast-paced environment with tight deadlines.
  • Proficient with Microsoft Office Suite, including advanced Excel functions.
  • Yardi and/or RealPage/OneSite experience (preferred) or ability to learn new software quickly.

Diversity in backgrounds and experiences is key to Fairstead’s success. Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve. Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks.

Compliance Lease Up Specialist- LIHTC employer: Fairstead

Fairstead is an exceptional employer that prioritises purpose-driven work in the affordable housing sector, offering a collaborative and innovative work culture. With generous benefits including a robust 401(k) plan, paid time off, and opportunities for professional growth, employees are empowered to make a meaningful impact in their communities while enjoying a supportive environment. The company's commitment to diversity and inclusion further enhances its appeal, making it a rewarding place to build a career in compliance and property management.
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Contact Detail:

Fairstead Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Compliance Lease Up Specialist- LIHTC

✨Tip Number 1

Network like a pro! Reach out to folks in the affordable housing sector, especially those who work at Fairstead. A friendly chat can open doors and give you insights that might just land you an interview.

✨Tip Number 2

Prepare for the interview by brushing up on your knowledge of LIHTC and HUD regulations. Show us you know your stuff and can handle compliance like a champ. We love candidates who come ready to discuss real-world scenarios!

✨Tip Number 3

Don’t forget to highlight your organisational skills! As a Compliance Lease-Up Specialist, being detail-oriented is key. Share examples from your past roles where you’ve successfully managed multiple tasks under tight deadlines.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re genuinely interested in joining our mission to create affordable housing communities.

We think you need these skills to ace Compliance Lease Up Specialist- LIHTC

Affordable Housing Compliance
Knowledge of LIHTC and PBRA Section 8 Programs
COS Certification
HCCP, BOS, AHM Certifications
Excellent Communication Skills
Interpersonal Skills
Organizational Skills
Prioritisation Skills
Time Management Skills
Attention to Detail
Proficiency in Microsoft Office Suite
Advanced Excel Functions
Experience with Yardi or RealPage/OneSite
Ability to Thrive in Fast-Paced Environments

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with affordable housing compliance, especially with LIHTC and PBRA Section 8. We want to see how your skills align with what we're looking for!

Show Off Your Attention to Detail: Since this role is all about compliance, it’s crucial to demonstrate your detail-oriented nature. Double-check your application for any typos or errors before hitting send – we love a polished submission!

Be Clear and Concise: When writing your cover letter, get straight to the point. We appreciate clarity, so make sure you communicate your relevant experience and why you’re excited about the role without rambling on.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and helps us keep track of all applicants efficiently!

How to prepare for a job interview at Fairstead

✨Know Your Compliance Stuff

Make sure you brush up on your knowledge of LIHTC and HUD regulations. Familiarise yourself with the specific compliance requirements for affordable housing, as this will show that you're serious about the role and understand the industry's nuances.

✨Showcase Your Organisational Skills

Since this role requires strong organisational abilities, prepare examples from your past experiences where you successfully managed multiple tasks or projects. Highlight how you maintained accuracy and met deadlines, especially in fast-paced environments.

✨Communicate Clearly

Effective communication is key in this position. Practice articulating your thoughts clearly and concisely. Be ready to discuss how you've liaised with different stakeholders in previous roles, as this will demonstrate your interpersonal skills.

✨Prepare for Scenario Questions

Expect questions that ask how you would handle specific compliance scenarios. Think through potential challenges you might face during the lease-up phase and be prepared to discuss your strategies for overcoming them. This will show your problem-solving skills and readiness for the role.

Compliance Lease Up Specialist- LIHTC
Fairstead
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  • Compliance Lease Up Specialist- LIHTC

    Full-Time
    36000 - 60000 £ / year (est.)
  • F

    Fairstead

    50-100
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