About Diamond
Diamond Consulting is owned and managed by Cyndi Stempien. Ms. Stempien has 23 years of experience in housing, 14 of which have been spent focused in areas of affordable housing. Her expertise ranges from site and multi-site management, to Director of Compliance and VP of Strategic Operations. She holds certifications for COS (Certified Occupancy Specialist), AHM (Assisted Housing Manager), PHM (Public Housing Manager) and C3P (Certified Credit Compliance Professional). She possesses a vast understanding of the importance of a solid compliance program in order to meet the stringent regulatory requirements of LIHTC, HOME Funds, Section 8, and Public Housing. In addition, she embraces the learning process and has a large focus on “getting it right the first time!” File reviews are performed in an ongoing training style to assist property management professionals in becoming experts at what they do!
Affordable housing requires that every project remain in compliance during the entire compliance period as required by each of the individual funding sources and/or regulatory agencies involved. The penalties for failure to comply or having a poorly managed compliance program can cost owners huge sums of money, prevent owners from participating in future affordable housing projects, and cause government agencies and investors to implement more intense levels of supervision. Residents can be impacted, as those that occupy units that were not properly qualified could be evicted as a result of a poorly managed compliance program.
Let Diamond Consulting assist you in achieving a rock solid compliance program.