Thank you for your interest in joining our team!

We are currently looking for a Compliance Specialist to join our team!

Downstreet is seeking a detail-oriented Compliance Specialist to work with the other members of Downstreet’s Compliance Team to ensure that Federal, State and local regulatory requirements are met. This role is focused on activities associated with administering and ensuring ongoing resident compliance for Downstreet's affordable housing portfolio. This includes processing annual and interim recertifications, household composition changes, reporting tasks including for Federal programs such as HOME, Enterprise Income Verification (EIV) compliance activities, file maintenance, and audit and reporting support while ensuring compliance with applicable affordable housing regulations.

Key Responsibilities

• Recertification & Resident Compliance Administration

  • Tracks recertification due dates and maintains compliance calendars.

  • Conducts resident recertification interviews in person and remotely as needed.

  • Processes all annual recertifications, interim certification and household composition changes in accordance with program requirements and established timelines.

  • Verifies resident income, assets, expenses, and eligibility information.

  • Generates recertification notices, appointment letters, verification requests, and follow-up correspondence.

  • Follows up with and assists residents to obtain required documentation and meet program deadlines.

  • Prepares completed certifications, recertifications, and interim transactions for review by the Compliance Manager.

• File Management & Recertification

  • Maintains complete, accurate, and organized resident files.

  • Ensures files are audit-ready and contain required documentation.

  • Monitors compliance deadlines and follows up on outstanding items.

  • Maintains strict confidentiality of resident information.

• Compliance, Audits & Reporting

  • Completes HOME program reporting and maintains supporting documentation.

  • Runs, reviews, and resolves monthly EIV reports, and maintains EIV records.

  • Generates criminal background and credit screening documentation processes as needed.

  • Generates monthly reports of completed certifications, recertifications, interim transactions, and household composition changes for review by the Director of Compliance.

  • Assists with data collection and reporting for regulatory agencies and funding partners.

  • Provides backup support to other Compliance Department functions as assigned.

• General Duties

  • Maintains open communication with Property Management, Maintenance, and Resident Services staff.

  • Participates in meetings, trainings, and organizational events.

  • Maintains current knowledge of affordable housing regulations.

  • Performs other duties as assigned.

Required Skills and Abilities

• Excellent verbal and written communication skills.

• Excellent interpersonal and customer service skills.

• Excellent organizational skills and attention to detail.

• Ability to interpret and apply complex affordable housing regulations.

• Strong time management, recordkeeping, and file management skills.

• Proficient with Microsoft Office Suite and compliance/property management software.

• Comfortable performing income calculations and reviewing financial documentation.

• Within one year of hire, this position shall earn Certified Occupancy Specialist, Low Income Housing Tax Credit Specialist and USDA 515 Specialist designations.

Education and Experience

• High school diploma or equivalent required; Associate degree preferred.
• At least three years of administrative, compliance, property management, affordable housing, or related experience required.
• Experience with HUD, HOME, LIHTC, USDA Rural Development, PBV, or other affordable housing programs preferred but not required.

Physical Requirements

• Must be adaptable to working in an ever changing, demanding work environment.
• Prolonged periods sitting at a desk and working at a computer.
• Must be able to lift 25 pounds at a time.

Compensation

The starting salary for this position is $50,000.

Downstreet also provides a competitive benefits package, which includes:

• 403(b) with company match up to 4.5%
• Healthcare insurance
• Dental insurance benefits
• Life insurance and short-term disability benefits
• Generous paid leave allowances (vacation, sick, and personal time)
• Professional development opportunities
• Hybrid remote/office work schedule available after introductory period

Application Instructions

Downstreet is strongest when we have a team that represents a variety of backgrounds, perspectives, and skills. We know that the more inclusive we are, the better our work will be. We are an equal employment opportunity employer, and all qualified applicants, regardless of race, color, ancestry, religion, gender, gender identity or expression, sexual orientation, age, national origin, marital status, disability, or veteran status are encouraged to apply.

Downstreet is an equal opportunity employer, and all qualified applicants, including minorities, women, protected veterans, and individuals with disabilities are encouraged to apply.

To apply, please complete the form below. Please include a resume and a cover letter explaining why you would like to be a part of the Downstreet team. Applications submitted without a cover letter will be considered incomplete and will not be reviewed.