Position Summary:
The Senior LIHTC Development Consultant serves as a trusted advisor to affordable housing developers, providing independent, high-level leadership on low-income housing tax credit (LIHTC) transactions. This role leads 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 Responsibilities
Project Leadership & Strategy
路 Lead and advise on LIHTC development strategy, feasibility analysis, and capital stack structuring.
路 Serve as primary advisor on 9% and 4% LIHTC transactions.
路 Evaluate underwriting assumptions, risks, and structuring alternatives.
路 Support client pipeline planning and long-term LIHTC strategy.
Application & Allocation Leadership
路 Direct preparation and review of LIHTC applications under applicable Qualified Allocation Plans (QAPs).
路 Develop scoring and positioning strategies.
路 Lead agency interactions and respond to clarification requests.
路 Guide clients through awards and post-award requirements.
Financial Modeling & Transaction Support
路 Review and evaluate sources and uses, credit calculations, and operating pro formas.
路 Advise on equity pricing and investor requirements.
路 Support closings and post-award activities through 8609 issuance.
Client & Stakeholder Management
路 Serve as primary client contact and strategic advisor.
路 Coordinate with developers, lenders, investors, attorneys, and agencies.
路 Communicate complex LIHTC concepts clearly.
Mentorship & Practice Contribution
路 Review work of staff, as applicable.
路 Provide training to staff and clients.
路 Contribute to internal knowledge sharing and best practices.
Your Background and Skills
路 Bachelor's degree in Business Administration, Political Science, Public Policy, or a related field and at least 9 years of LIHTC development or consulting experience. Additionally, independent project and client management experience is required.
路 Preferred CPA, MBA, MRED, JD, or similar credential. Multi-state 9% and 4% experience.
路 Strong knowledge of LIHTC program, including 9% and 4% transactions, QAPs, and state housing agency processes.
路 Knowledge of affordable housing finance structures, including capital stack development involving equity, debt, tax credits, and other public or private funding sources.
路 Ability to analyze risks, assumptions, and structuring alternatives and provide strategic recommendations to clients.
路 Strong project management skills with the ability to manage multiple complex engagements, timelines, and deliverables simultaneously.
路 Ability to communicate complex financial, regulatory, and LIHTC program concepts clearly to clients, stakeholders, and internal team members.
路 Strong relationship management and advisory skills with the ability to collaborate effectively with internal and external stakeholders.
路 Ability to exercise independent judgment and lead complex LIHTC transactions with limited oversight.
路 Excellent verbal and written communication skills.
路 Ability to effectively prioritize a fast-paced and varied workload, effectively manage a variety of concurrent and shifting priorities.
路 Strong computer skills, including solid skill in the Microsoft Office suite (particularly Excel) and report writing tools.
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