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Section 42 Compliance Jobs (NOW HIRING)

Section 42 Compliance * Maintain compliance with all Low-Income Housing Tax Credit (LIHTC/Section 42) regulations. * Complete annual and interim resident certifications. * Ensure resident files are ...

Compliance Leasing Manager| New York, New York| $85,000 - $95,000 per year | On-site The Role ... Working knowledge of Section 42, NYC Rent Stabilization and Rent Control guidelines, and relevant ...

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Section 42 Compliance information

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$43

How much do section 42 compliance jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for section 42 compliance in the United States is $26.29, according to ZipRecruiter salary data. Most workers in this role earn between $19.23 and $31.49 per hour, depending on experience, location, and employer.

What is Section 42 Compliance?

Section 42 compliance refers to adhering to the regulations and requirements set forth by Section 42 of the Internal Revenue Code, which governs the Low-Income Housing Tax Credit (LIHTC) program. This program provides tax incentives to developers for creating affordable rental housing for low-income households. Compliance involves ensuring that tenant income, rent limits, leasing procedures, and property standards meet all federal and state guidelines throughout the affordability period. Regular reporting, documentation, and property inspections are also essential components of Section 42 compliance. Failure to comply can result in the loss of tax credits for property owners.

What are some common challenges faced by professionals working in Section 42 Compliance roles?

Professionals in Section 42 Compliance often encounter challenges such as staying updated with frequently changing IRS regulations, ensuring accurate and timely income certifications for tenants, and maintaining meticulous documentation for audits. Collaboration with property managers and residents is vital to verify eligibility and address compliance concerns proactively. Successful candidates need strong attention to detail, robust organizational skills, and the ability to communicate complex requirements clearly with both internal teams and external stakeholders.

What are the key skills and qualifications needed to thrive as a Section 42 Compliance specialist, and why are they important?

To excel as a Section 42 Compliance Specialist, you need detailed knowledge of IRS Section 42 Low Income Housing Tax Credit (LIHTC) regulations, affordable housing policies, and strong analytical skills, often supported by relevant experience or certification in housing compliance. Familiarity with compliance management software, such as Yardi or RealPage, and understanding of documentation and reporting systems is essential. Attention to detail, problem-solving abilities, and effective communication are crucial soft skills for ensuring regulatory adherence and collaborating with property staff. These skills ensure properties maintain compliance, avoid financial penalties, and uphold affordable housing standards.

What is the difference between Section 42 Compliance vs Property Manager?

AspectSection 42 ComplianceProperty Manager
Primary RoleEnsuring affordable housing projects meet IRS Section 42 regulationsOverseeing daily property operations and tenant relations
Required CredentialsKnowledge of tax credit laws, certifications in affordable housing complianceReal estate license, property management certifications
Work EnvironmentOffice-based, compliance audits, site visitsOn-site management, tenant interactions
Industry UsageReal estate development, affordable housing programsProperty management companies, real estate firms

While both roles operate within the real estate industry, Section 42 Compliance specialists focus on ensuring properties meet IRS affordable housing regulations, whereas Property Managers handle daily operations and tenant relations. Understanding these differences helps employers and job seekers identify the right qualifications and responsibilities for each role.

More about Section 42 Compliance jobs
Infographic showing various Section 42 Compliance job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 11% Part Time, and 4% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $54,687 per year, or $26.3 per hour.

Compliance Specialist - Affordable Housing

PropertySS

Saint Paul, MN โ€ข On-site

$28.50 - $32.50/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 11 days ago


Job description

We are looking for a Compliance Specialist to join our team of dynamic, innovative professionals. Our ideal candidate is an energetic, detail-oriented professional with Section 8 and Section 42 compliance experience work who enjoys working independently and is looking to advance their career and grow with our company.
Responsibilities include, but are not limited to:
  • Accurately prepare documents as required by limited partners, auditors, and governmental/monitoring agencies.
  • Ensure occupancy-related forms are updated as necessary.
  • Check that all initial certifications and recertifications are accurately completed.
  • Provide ongoing training for staff in areas of compliance.
  • Assist residents in completing annual/interim certification forms.
  • Assist Site Managers with EIV issues.
  • Administrative tasks, such as answering phones, processing mail, and filing.
  • Completing additional special projects.

Desired candidate will possess:
  • Effective verbal & written communication skills.
  • Ability to multi-task.
  • Ability to effectively work with a diverse clientele.
  • Ability to work independently.
  • Be adaptable & comfortable in a high-energy environment.
  • Strong customer service skills.
  • Excellent detention to detail.
  • At least two years of experience using Yardi or a similar property manager software

Requirements for consideration:
4-year college degree or relevant experience
Reliable vehicle with proof of insurance.
Strong computer skills in Excel, Word, and Outlook.
Minimum of two years of Section 8 and Section 42 compliance experience
Ability to pass a background check.
The starting salary is $28.50 per hour.
We offer a benefits package with medical, dental, vision, life and disability insurance, 401K matching up to 4% plus cell phone & mileage reimbursement.
The hours for the position are Monday-Friday, 8:00 am-4:30 pm.
We are an equal opportunity employer.