Housing Compliance and Finance Manager

Company: Thea Bowman House
Location: Washington
Posted on: February 3, 2025

Job Description:

Career Opportunities with SOME (So Others Might Eat)A great place to work.Thank you for your interest in working for SOME (So Others Might Eat)As a faith-inspired organization, SOME was founded and built upon the belief in dignity and respect for all people. We all are worthy of it and responsible for it. Appreciation for our shared humanity and sense of community has been a central feature of our mission for over 50 years. This is the call to action that SOME represents: to serve, empower and elevate all members of our community. As champions of our mission, we commit to creating an environment that welcomes and celebrates the diverse array of employees and clients we engage with every day. We strive to be bold in our work, knowing that to drive meaningful change, we must not shy away from discomfort. We reject all forms of individual and systemic discrimination, work actively to eliminate the abuse of privilege and power, and seek justice and equity for all we encounter.Below are the current positions that are available. Please take a few moments to explore our website to learn more about us before applying.Our Process Is Simple. Review the vacancy announcements and follow the specific instructions indicated. If you do not have a resume, it is recommended that you devise one.All positions require a criminal background check, and some positions require other pre-employment screenings such as substance abuse tests, child abuse registry check, & FBI check. All positions require three professional references, preferably from supervisors. Most positions require a two-tier interview process. Copies of required credentials will be requested upon job offer.SOME, Inc. is a proactive equal-opportunity employer. We ensure that all qualified applicants are considered for employment without any discrimination based on race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.Please upload your cover letter and resume then proceed to complete the application. You must complete the application in its entirety to be considered.SOME (So Others Might Eat) provides material aid and comfort to our vulnerable neighbors in the District of Columbia, helping them to break the cycle of poverty and homelessness through programs and services that save lives, improve lives, and help to transform the lives of individuals and families, their communities, and the systems and structures that affect them. We meet immediate needs with food, clothing, and healthcare and offer the tools one needs to live with hope, dignity, and greater independence.Compensation:We offer our employees a competitive compensation and benefits package that reflects our organizational culture, mission, and core values. The salary range for this position is $78,644 to $83,172 and is commensurate with experience.Position Description: The Housing Compliance and Finance Manager is responsible for managing compliance across SOME's housing portfolio, including Low-Income Housing Tax Credit (LIHTC) properties, Fair Housing regulations, Section 8, and Project-Based programs. This role ensures adherence to all regulatory requirements while overseeing financial reporting to investors and relevant regulatory entities.Qualifications:Required: Associate's Degree; 3-5 yrs. experience with Housing Tax Credits and 1-2 years of supervisory experiencePreferred: Bachelor's Degree; 3-5 yrs. experience with Housing Tax Credits 3-5 years of supervisory experienceRequired License/Certification: Low-Income Housing Tax Credit Provider (LIHTC)Schedule: Monday - Friday 8:00 - 4:30 pmKnowledge/Skills/Abilities Required:

• Knowledge of low-income housing tax credits and blended income sources
• Ability to train, coach, and supervise others
• Customer service skills when working with internal and external stakeholders
• Flexibility with the ability to multi-task despite competing priorities
• Time management skills and the ability to deliver against deadlines
• Organizational skills with attention to detail
• Ability to communicate with various populationsCompliance Expectations:
  • Ensure that all applicable programs are in compliance with Federal low-income housing tax credit program requirements as well as other compliance regulations by submitting required reports, and certificates and ensuring SOME management receives regular in-house compliance reporting
  • Train and coach property managers on the Federal low-income housing tax credit program, Onesite, Kwiktag, The Work Number
  • Communicate with property managers to ensure appropriate data collection as tax credit file is created and updated
  • Oversee and manage the compliance matrix database
  • Ensure compliance with the Fair Housing Act by ensuring rent and lease violations are handled equitably across SOME's housing portfolio
  • Ensure file submissions to 3rd party compliance vendors for LIHTC verifications
  • Support property management team during lease-up or other high volume periods
  • Manage Property Taxes (Pay, Research or Problem Solve with OTR)
  • Ensure the accuracy of Onesite entries and deposits made by the Fair Housing Compliance Coordinator and Housing Specialist
  • Enter rent payments in the Onesite database and submit deposits to Finance Department as needed
  • Ensure resident ledger data have proper backup and that balances are correct
  • Oversee rent and HAP processing
  • Produce on-demand reports and ensure resident data is reliable and accessible to leadership
  • Assist with completing monthly accounting reportSupervisory Expectations:
    • Ensure appropriate department staffing levels in order to meet objectives; assess, evaluate, and hire new employees as needed
    • Contribute to budget development, and use sound judgment to leverage resources in accomplishing department goals; administer budget and comply with SOME financial reporting requirements
    • Contribute to strategy development and strive to improve department functions and performance; assist in the development of standards and goals as appropriateReports to: Vice President, Asset ManagementPosition Designation: This position is designated as Safety Sensitive. You may be subject to drug testing prior to or during your employment with SOME. In this position, you may be disqualified from employment based on the presence of marijuana in test results, even if you possess a medical card authorizing the use of medical marijuana.Physical Demands: Must be able to lift up to 25 pounds. Requires looking at a computer screen for several hours a day. May be required to sit or stand for long periods.To Apply: Go to our career page at https://www.some.org/careers/open-opportunities and click on the search icon to locate this position. Follow the instructions to complete your online application profile to be considered. No phone calls, please.
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Keywords: Thea Bowman House, Towson , Housing Compliance and Finance Manager, Accounting, Auditing , Washington, Maryland