Compliance Specialist - Affordable Housing
About Common
Common is the nation’s leading residential brand and operating platform that designs, leases, and manages multifamily properties that appeal to today's renters. Through smart design and tech-enabled property management, Common delivers exceptional experiences to thousands of residents in coliving, microunit, and traditional apartments in cities from coast to coast. Founded in October 2015, we are the preferred choice for renters looking for a stress-free apartment from a trusted brand, and for real estate owners seeking reliable, above-market returns.
We challenge ourselves every day not just to think about ways to make city living better, but to activate those ideas in meaningful ways. Our team is comprised of real estate professionals, designers, engineers, salespeople, marketers, member service representatives, and so much more. We work collaboratively, value self-startership, and embrace a “whatever it takes” mentality to ensure our work is done and done well. Common sits squarely at the intersection between technology and real estate, working every day to build quality residential solutions that bring positive change to the world’s rental housing crisis.
It’s an exciting time to be part of Common’s team. With over 17,500 units signed and under development and over $110 million in global venture capital investment, Common is expanding its reliable, renter-first property operations to 26 cities across the world.
To follow the latest Common news, get to know our community of residents, and learn about what it’s like to work at Common, you can follow us on Instagram, Linkedin, and Twitter. To see more open roles and hear from Common employees check out our Careers Page.
About the Role
Common is seeking an Affordable Housing Compliance Specialist to assist with compliance with affordable housing regulatory programs, agency requirements, company policies and procedures, and applicable housing laws in all jurisdictions where Common operates. You will take the lead in the income certification of applicants to various affordable housing programs and the income recertification of existing residents, where applicable. You will also support efforts in affirmative marketing, compliance reporting, process optimization and training all relevant teams on processes and requirements as we scale. This role reports to the Compliance Manager.
Responsibilities
- Collaborate with compliance and operations teams to maintain regulatory compliance for affordable housing programs across jurisdictions where Common operates
- Manage waiting lists and processing of all affordable housing applications in accordance with the project’s regulatory agreement, Federal, State, and/or Local Guidelines, and HUD’s Occupancy Handbook 4350-3
- Participate in marketing and leasing functions related to all affordable housing programs, including lease-ups, re-marketing, and interviewing applicants
- Generate, send, and manage all official notifications to applicants regarding application and eligibility for affordable housing programs
- Schedule, conduct, and process all initial certifications and annual and interim recertifications, ensuring proper data/document collection and calculation of income, assets, rent levels, etc.
- Maintain affordable applicant and resident files in accordance with company & regulatory agency policies
- Coordinate with operations team to provide responses to applicant issues, inquiries, and concerns
- Assist the compliance manager with compiling and submitting affordable housing program compliance reports
- Support the operations team in the processing of rental subsidies including but not limited to Section 8/Housing Choice Vouchers
- Assist with various projects and tasks related to compliance administration and optimization.
Qualifications
- You have 3+ years of experience with affordable housing
- You feel comfortable dealing with multiple systems to manage your workflow
- You are able to navigate ambiguity and make data-informed decisions quickly
- You are able to anticipate and communicate issues before they become problems
- You are comfortable working cross-departmentally to get things done
- You have excellent verbal and written communication
- You are detail-oriented, organized and comfortable multi-tasking
- Accredited housing certification preferred: Low income Housing Tax Credit and/or Certified Occupancy Specialist or similar designations
- College degree strongly recommended or equivalent level of prior work experience
- Proficient with Yardi, One-Site/Real Page (or comparable property management system), and/or Salesforce
- Travel required up to 10%
- Bilingual preferred (Spanish)
What We Offer
Common truly values our employees and wants to do everything to ensure that our employees are not only happy and professionally fulfilled, but also that they have the opportunity to be healthy. Because of this, we are committed to providing a number of affordable and valuable health and wellness benefits for our employees such as:
- Paid vacation and sick time
- Medical, dental, and vision insurance
- FSA + HSA options
- Company-paid life insurance
- Company-paid STD/LTD
- Paid parental leave
- 401k plans
Additional benefits such as equity, paid holidays, commuter transit benefits, job training + development opportunities + a great wellness program are also available. And as always, we are regularly evaluating our offerings to ensure employees' needs are being met.
Common is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations, and ordinances.