Job Description

Compliance Associate

Welcome to Lincoln Avenue Communities (LAC)! We are a dynamic and entrepreneurial real estate private equity firm that strengthens communities. As a developer, investor, and operator, we provide sustainable, high-quality homes for lower- and moderate-income individuals, seniors, and families across 29 states. With a portfolio encompassing 160+ properties and 20,000+ units, we are committed to creating lasting impacts on the lives of our residents and the communities we serve.

Lincoln Avenue Communities (LAC) is seeking a Compliance Associate to join our experienced team of real estate professionals who manage a diverse portfolio of affordable multi-family housing properties across the United States. This role supports the Compliance and Asset Services team in ensuring regulatory compliance with our large and rapidly growing national portfolio of affordable rental properties. This is an excellent opportunity for a professional with a strong interest in affordable housing compliance and a desire to grow within a high-impact, mission-driven organization.

This position reports to the Compliance Manager and works closely with other members of the Asset Management and Development team.

This role is based in Santa Monica with a hybrid schedule of 3 days in the office.

What You'll Do

• Collaborate with Asset Services, Property Management Agents, and Development to help maximize 1st year credit delivery.
• Assist in maintaining relationships with state agencies and management agent representatives.
• Support the completion and submission of annual compliance reports and ensure timely delivery in accordance with regulatory deadlines.
• Review move-in files under the supervision of senior compliance staff to verify adherence to program requirements.
• Help track inspection schedules and ensure management agents are prepared for physical and file audits by state, HUD, or IRS.
• Support monitoring of LURA requirements and verify documentation submitted by third-party management companies.
• Assist with site visits and internal compliance audits alongside senior compliance team members.
• Collaborate with the Asset Services team to help ensure timely updates to Utility Allowances, rent increases, and maximum rent schedules.
• Coordinate with third-party compliance consultants and support timely follow-ups on file reviews and reporting.
• Help organize and track program types, compliance requirements, audit dates, renewal dates, and key contacts for each property.
• Contribute to the development and updating of compliance resources, including procedures, forms, and training documentation.
• Serve as a first-line contact for file processing questions and escalate issues as needed to senior compliance staff.
• Assist in preparing materials for internal and external reporting, ensuring accuracy and consistency.
• Participate in training sessions and expand knowledge of affordable housing programs including LIHTC, PBRA, HOME, and others.

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