COREEN YOUNG
Brooklyn,NY
Summary
A dedicated Compliance Specialist with over 10 years of experience, meeting company goals by utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.
Overview
22
22
years of professional experience
Work History
Compliance Specialist, SWAT
Reliant Realty Services
10.2022 - Current
- Timely issue renewal leases in accordance with rent stabilization requirements and follow up with tenants
- Work with existing tenants to collect income and related documentation for annual tax credit recertifications, nsure recertifications are timely and accurate;
- Become knowledgeable of individual property regulatory requirements and evaluate whether income recertifications impact income requirements of the next available unit;
- Perform detailed internal tax credit file audits, identify deficiencies and correct within an allotted time frame.
- Report to legal department any tenant who has not recertified;
- Gather and prepare necessary documentation for regulatory compliance audit review or annual owners' certification and promptly prepare responses to address any compliance findings;
- Update maximum rent, utility allowance, and income limit schedules for all programs, as updated and or required by monitoring agencies;
- Review, prepare, and work under the supervision of the Leasing Manager to make necessary updates, revision and/ or amendment to policies and department procedures as needed and as required pursuant to regulatory program requirements specific to each property;
- Develop a healthy rapport with monitoring agencies, tax credit syndicators and other applicable entities;
- Attend professional workshops as needed;
- Directly support the Leasing Manager and assist with special assignments/projects related to compliance, and other areas of Property Management.
Compliance Specialist
Concord Management
10.2020 - Current
- Prepare/maintain all monthly/weekly/bi-weekly reports relating to LIHTC/ HUD properties
- Prepare tenant files for LITCH audits performed by state and regulatory agencies
- Review applications and determine eligibility for the affordable housing program for the specific communities in our portfolio
- Assist with implementation of new rent and income limits with utility allowance calculations
Compliance Specialist
Shinda Management
07.2017 - 10.2020
- Start Legal cases for all non-compliant tenants
- Respond to compliance related questions
- Assist residents with CVR Packets for submission to HPD
- Work with Director of Compliance to develop and execute action plans for non-compliant properties, including corrective action plans based on internal and external audits
- Monitoring of recertificatio notices in compliance with LIHTC regulations, Assist with the review of all initial tenant income certifications prior to move-in for LITCH/HOME units
- Pre-Audit LIHTC and HOME tenant files
- Pre-Audit LITCH/ HUD tenant files for mixed blended sites
- Assist with preparation of site audits
- Assist with LITCH portion of the rent ups
- Prepare monthly certified Rentrolls mid /end year
- Assist with preparation of Annual Owners Certifications for LITCH/ HOME
- Assist with tracking and correcting all 8823s
- Centralize and maintain LITCH/HOME tenant files for audit ready purposes
- Prepare reports as needed
Recertification Specialist
Grenadier Management LLC
04.2014 - 05.2017
- Communicate with applicants via phone,mail or in person to collect all necessary documents to complete LIHTC/HOME/HUD annual and Interim recertifications for blended/ mixed sites
- Process initial, annual and recertifications, in addition to retro-active rent calculations while conforming to HUD regulation ans HPD guidelines
- Responsible for tracking and implementing renewal schedules for each portfolio and ensuring compliance to the 120 day recertification period
- Review applicant files and determining Section 8 eligibility
- Follow LITCH, HOME, Mitchell Lama and Section 8 guidelines
- Complete monthly reporting and ensure and ensure 95% of the benchmarks are completed
- Identify households with income reporting discrepancies and make rent adjustments
- Maintain complete, accurate and timely records in realpage
Resident Manager
Pratt Area Community Council
02.2006 - 05.2014
- Implement and oversee all aspects of building management procedures
- Prioritize building repairs
- Create Superintendent's weekly repair and preventive maintenance schedule
- Establish and maintain inventory control of all building supplies
- Perform weekly building inspections
- Schedule yearly inspections with vendors, including elevator, boiler, sprinkler, range hood, fire extinguishers, compactors etc
- Initiate, gather, and review bids from vendors and contractors for large scale repairs or capital improvements
- Collaborate with Superintendent to resolve violations or code compliance issues
- Prepare documents for submission to HPD, DOB, ECB to correct building violations
- Code and submit invoices for approval to acct payable dept
- Liaison for PACC's Tenant Relations Committee
- Monitor incident reports from security staff
- Coordinate monthly security meetings
- Coordinate responses to behavioral issues with HASA
- Coordinate resolution for violations in house policy
- Initiate case conferences for excessive violations of house rules or rent arrear issues
- Coordinate Monthly Community Meeting
- Schedule and conduct interviews of potential clients
- Responsible for initial leasing procedures, Initial/ renewal leases
- Submission of Shelter Plus Care packets to HPD
- Monitor and ensure tenant compliance with relevant guidelines imposed by Low- income tax credit and Shelter Plus Care regulations and guidelines
- Request new referrals from HASA Housing specialist as needed to fill vacate HASA units
- Responsible for submitting weekly, monthly, quarterly, and annual reports to all third party agencies
- Update monthly Rent Roll and submit to S+C
- Monitor rental payments, resolve rent delinquency problems, and initiate non-payment cases
- Attend quarterly COCC meetings
Assistant Property Manager
AIMCO Apartment and Investment Co
09.2001 - 08.2006
- Responsible to collect rent payments
- Responsible to enter rent payments in real page
- Responsible to make daily bank deposit of collected rent payments
- Conducting annual apartment inspections
- Conduct weekly building inspections/ submit weekly reports to property manager
- Submit invoices via real page to account payable dept
- Perform monthly closing procedures via HUD manager and real page
- Process weekly payroll
- Preparing contract documents/ schedule service appointments
- Responsible to file all documents
- Responsible to maintain all tenant files
- Answer phones
- Ensure all LIHTC annual recertification notices are distributed to tenants
- Responsible to maintain recertification appointment calendar
Education
High School Diploma - Business
West Side High School
New York, NY06.1998
Skills
- Microsoft Office, Microsoft Outlook, Microsoft Teams, Excel
- HUD Manager,Rent Page, Net Access, C-Base, File maker Pro, Timberline, Yardi Voyager
- Section 8, HASA, Shelter Plus Care, LIHTC, HUD, NYNYIII
Timeline
Compliance Specialist, SWAT
Reliant Realty Services
10.2022 - Current
Compliance Specialist
Concord Management
10.2020 - Current
Compliance Specialist
Shinda Management
07.2017 - 10.2020
Recertification Specialist
Grenadier Management LLC
04.2014 - 05.2017
Resident Manager
Pratt Area Community Council
02.2006 - 05.2014
Assistant Property Manager
AIMCO Apartment and Investment Co
09.2001 - 08.2006
High School Diploma - Business
West Side High School
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