Director, Affordable Housing Compliance (50677)

ESSENTIAL DUTIES AND RESPONSIBILITIES

The Director, Affordable Housing Compliance is a senior member of the property management team that manages approximately 2400 residential units encompassing LIHTC units, Older Adult Housing/Assisted living facilities and scattered-site residential and retail properties. As the role responsible for RiseBoro’s occupancy and affordable housing program compliance, the Director, Affordable Housing Compliance, provides strategic direction, ensures regulatory compliance, drives performance standards, and fosters a culture of accountability and excellence within the compliance and leasing functions. Responsibilities include:

Leadership and Management

· Provide strategic leadership to the Compliance and Leasing teams within the Property Management Division.

· Establish departmental goals, key performance indicators (KPIs), and accountability measures aligned with organizational objectives.

· Lead, mentor, and develop team members, promoting a high-performance culture focused on accuracy, efficiency, and compliance excellence.

· Oversee staffing levels, recruitment, and training initiatives to ensure adequate coverage and professional growth within the department.

· Manage performance evaluations, coaching, and corrective actions consistent with company policies and values.

Leasing

· Supervise and provide direction to the Leasing team to ensure timely, compliant lease renewals and accurate documentation

· Develop and implement standardized leasing procedures to optimize occupancy and compliance with all applicable regulations.

Compliance

· Ensure organizational compliance with LIHTC, HOME, and other affordable housing program requirements.

· Oversee and approve annual tenant recertification processes and documentation reviews.

· Responsible to ensuring annual DHCR registration process is completed.

· Ensure that annual building registration is filed with HPD for all applicable buildings.

Record keeping and Audit Readiness

· Implement and monitor systems for maintaining organized, audit-ready records.

· Collaborate with property managers to proactively address potential deficiencies prior to audits.

· Lead audit responses and follow-up on all compliance-related corrective actions.

Financials and Investor Coordination

· Collaborate with Finance and Asset Management to review property financial data and ensure accuracy of rent rolls, vacancy reports, and arrears.

· Review and validate compliance-related financial reporting before submission to investors and agencies.

· Coordinate with brokers and Legal to ensure insurance and regulatory documentation are current and properly filed.

Site Visits and Monitoring

· Participate in site visits with investors and funders, and regulators.

· Communicate and track resolution of any identified deficiencies to ensure ongoing compliance.

Regulatory reporting and Registrations

· Ensure timely accurate filing of annual DHCR registrations and all required local, state, and federal reports.

· Oversee preparation and submission of reports to investors, regulatory agencies, and funding partners, including:

o Annual State LIHTC compliance reports such as Owner Certification and Certified Rent Rolls

o Annual City LIHTC and HOME compliance reports

o Annual HPD Maintenance reports

o Investors compliance reports

Yardi Oversight

o Partner with Legal and IT to ensure accurate Yardi mapping of regulatory agreements and rent restrictions.

o Confirm rent increases, lease generation, and rent restructuring activities are accurately reflected in Yardi.

Supervisory Responsibilities

· Manage the Compliance and Leasing team within the Property Management team

· Provide leadership and direction to the team to ensure the delivery of high performance, acting as an enthusiastic, positive and motivated coach

· Take full responsibility for the performance management of the team to ensure that quality and deadlines are achieved and maintained and that any issues are managed in line with RiseBoro policies, procedures, and guidelines