A file lands in the queue at 8 a.m. By 9, you've confirmed income eligibility, cross-referenced the household documentation against current LIHTC requirements, and flagged a discrepancy that would have created a compliance exposure at audit. That's the rhythm of this role.
Asset Living is one of the larger third-party management firms in the country, with a portfolio that spans affordable housing, multifamily, student housing, and build-to-rent assets. This Compliance Specialist position sits within their affordable housing division and supports properties across Texas and beyond. The 24-hour file review turnaround is a real expectation, not a soft guideline. Resident applications come in, you assess them for eligibility under applicable regulatory frameworks, and you document your findings with precision. Errors here carry consequences that extend well past a single unit.
The role requires active monitoring of LIHTC regulation changes and translating those changes into operational adjustments at the property level. You'll participate in tax credit reviews conducted by outside entities, which means your work gets scrutinized by auditors who know the program as well as you do. Annual TDHCA training attendance is part of the job, and if you don't already hold the Housing Credit Certified Professional (HCCP) designation, you'll be expected to earn it within your first two years, passing score required. Familiarity with HUD programs adds value here, though it's not a hard requirement at entry.
This position involves roughly 50% travel annually. Property visits, compliance reviews, training sessions, and conferences all contribute to that figure. If you're based in Dallas or McAllen, expect the travel to be a consistent part of your schedule rather than an occasional exception.
Texas affordable housing compliance carries specific weight. TDHCA oversight is active, and the agency conducts management and occupancy reviews that test exactly the kind of file integrity this role is responsible for maintaining. Candidates who understand how TDHCA audit processes work, and who have already sat through at least one outside review, will find the learning curve here considerably shorter. The HCCP credential signals a baseline of knowledge, but the stronger candidates tend to be the ones who've already lived through an audit and understand what examiners actually look for in a resident file.