At a Glance
- Tasks: Lead compliance efforts for affordable housing lease-ups while ensuring adherence to regulations.
- Company: Purpose-driven real estate firm focused on building affordable communities across the US.
- Benefits: Generous medical, dental, and vision plans, 401(k) match, paid holidays, and flexible spending accounts.
- Other info: 90% travel required; dynamic role with opportunities for professional growth.
- Why this job: Make a real impact in affordable housing while travelling and gaining valuable experience.
- Qualifications: 3 years of affordable housing compliance experience and strong communication skills required.
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.
- Performs other duties assigned.
- 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.
- 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.
Traveling Compliance Lease Up Specialist- LIHTC employer: Fairstead
Fairstead is an exceptional employer that prioritises purpose-driven work in the affordable housing sector, offering a dynamic and innovative work culture. With generous benefits including comprehensive medical insurance, a robust 401(k) plan, and ample paid time off, employees are supported in both their professional and personal lives. The company fosters growth through continuous training and development opportunities, making it an ideal place for those looking to make a meaningful impact while advancing their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Traveling 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 knowing your stuff! Brush up on LIHTC and HUD regulations, and be ready to discuss how your experience aligns with Fairstead's mission. Show them you’re not just another candidate, but someone who truly gets what they do.
✨Tip Number 3
Don’t forget to follow up after your interview! A quick thank-you email can go a long way. It shows you’re genuinely interested and keeps you fresh in their minds as they make their decision.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re proactive and really want to be part of the Fairstead team.
We think you need these skills to ace Traveling Compliance Lease Up Specialist- LIHTC
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Compliance Lease-Up Specialist role. Highlight your experience with LIHTC and affordable housing compliance, as this will show us you understand what we're looking for.
Show Off Your Skills:Don’t hold back on showcasing your communication and organisational skills. We want to see how you can manage multiple tasks and keep everything running smoothly, especially in a fast-paced environment like ours.
Be Detail-Oriented:Since this role is all about compliance, it’s crucial to demonstrate your attention to detail. Mention any processes you've implemented that improved accuracy or reduced errors in previous roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role without any hiccups!
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
Excellent communication is key in this position. Practice articulating your thoughts clearly and concisely. You might even want to prepare a few questions to ask during the interview that demonstrate your interest in the role and the company.
✨Be Ready to Discuss Teamwork
As a Compliance Lease-Up Specialist, you'll be working with various teams. Prepare to discuss your experience collaborating with others, especially in managing compliance efforts. Share specific instances where you acted as a liaison and how you ensured smooth operations across different departments.