Position Summary:The LIHTC Development Consultant serves as an advisor to affordable housing developers, providing objective leadership and technical expertise on low-income housing tax credit (LIHTC) transactions. This role assists with complex 9% and 4% bond-financed LIHTC developments from early feasibility through application, award, and closing, exercising professional judgment with minimal oversight while managing client relationships and mentoring staff.
Your Contributions and ResponsibilitiesProject Leadership & Strategy- Engage in and advise on LIHTC development strategy, feasibility analysis, and capital stack structuring.
- Serve as an advisor on 9% and 4% LIHTC transactions.
- Evaluate underwriting assumptions, risks, and structuring alternatives.
- Support client pipeline planning and long-term LIHTC strategy.
Application & Allocation Leadership- Direct preparation and review of LIHTC applications under applicable Qualified Allocation Plans (QAPs).
- Assist in development of scoring and positioning strategies.
- Engage in agency interactions and respond to clarification requests.
- Guide clients through awards and post-award requirements.
Financial Modeling & Transaction Support- Review and evaluate sources and uses, credit calculations, and operating pro formas.
- Advise on equity pricing and investor requirements.
- Support closings and post-award activities through 8609 issuance.
Client & Stakeholder Management- Serve as a client contact and advisor.
- Coordinate with developers, lenders, investors, attorneys, and agencies.
- Communicate complex LIHTC concepts clearly.
Mentorship & Practice Contribution- Review work of staff, as applicable.
- Provide training to staff and clients.
- Contribute to internal knowledge sharing and best practice
Your Background and Skills- Bachelor's degree in Business Administration, Political Science, Public Policy, or a related field and at least five years of LIHTC development or consulting experience.
- Preferred CPA, MBA, MRED, JD, or similar credential. Multi-state 9% and 4% experience.
- Knowledge of LIHTC program, including 9% and 4% transactions, QAPs, and state housing agency processes.
- Knowledge of affordable housing finance structures, including capital stack development involving equity, debt, tax credits, and other public or private funding sources.
- Ability to analyze risks, assumptions, and structuring alternatives and provide strategic recommendations to clients.
- Ability to communicate complex financial, regulatory, and LIHTC program concepts clearly to internal team members.
- Relationship management and advisory skills with the ability to collaborate effectively with internal and external stakeholders.
- Ability to exercise independent judgment and assist in complex LIHTC transactions with oversight.
- Excellent verbal and written communication skills.
- Ability to effectively prioritize a fast-paced and varied workload, effectively manage a variety of concurrent and shifting priorities
- Strong computer skills, including solid skill in the Microsoft Office suite (particularly Excel) and report writing tools.
We are proud to offer:Increased number of paid holidays per year
- Competitive salaries with continuous review of market conditions
- Flexible working hours and work arrangements
- Remote and hybrid opportunities
- Inclusive workplace, providing strong professional growth and development opportunities
The benefits of joining our team- Strong growth opportunities
- Competitive benefits package
- 401(k) package with firm profit-sharing
- Strong emphasis on quality work-life integration
- Dress for your day policy
- Resources of a national firm
- Opportunities to engage with our active Employee Resource Groups (ERGs), affinity groups, and advance your career within a supportive, inclusive environment
- Compensation: $109,000 to $147,000 depending on experience. More is possible if experience dictates.
