drjobs Multifamily Production Senior Associate - LIHTC Equity

Multifamily Production Senior Associate - LIHTC Equity

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1 Vacancy
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Job Location drjobs

Mclean - USA

Monthly Salary drjobs

$ 102000 - 152000

Vacancy

1 Vacancy

Job Description

At Freddie Mac you will do important work to build a better housing finance system and youll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:

Today Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing! Do you have a passion for Affordable Housing The Multifamily Targeted Affordable Housing Low Income Housing Tax Credits (LIHTC) Manager is seeking a Senior Associate to join the team in McLean VA and help lead Freddie Macs LIHTC equity transactions.

The person will join the LIHTC Equity Team which is responsible for sourcing and closing complex LIHTC equity financings for affordable housing. The Senior Associate will help the team with the origination structuring and performing analysis of potential investments. Further they will help build and maintain external relationships to allow Freddie Mac to successfully deploy LIHTC investment capital.

Join our smart creative and dedicated team and youll do important work for the housing finance system!

Our Impact:

  • The LIHTC Equity team is responsible for sourcing structuring and closing complex equity financing solutions for investments in affordable housing through a network of LIHTC syndicators.
  • A central theme across all our LIHTC Equity deals is an underlying mission to provide a source of liquidity stability and affordability to the affordable housing rental markets.
  • Work collaboratively with the LIHTC Equity Credit Legal Capital Markets and Asset Management groups providing clear deal analysis to ensure seamless executions.

Your Impact:

  • The Senior Associate works directly with the Manager to drive deals to a successful close.
  • You will work with various internal stakeholders to help ensure alignment and efficiency across various business lines.
  • You will work with syndicators LIHTC sponsors and other external parties to assess the optimal most impactful investments for Freddie Mac.
  • You will think creatively to help identify and drive improvements for deal processes reporting and analysis.
  • You will take responsibility for deals as well as working with the teams Analyst to ensure constancy and accuracy of deallevel data across various reporting and systems.

Qualifications:

  • Bachelors Degree or equivalent in Business Real Estate Economics Finance Urban Planning or related field
  • Multifamily experience is required and LIHTC (finance and/or development) experience is highly preferred
  • 23 years experience
  • Microsoft Excel proficiency
  • Understanding and familiarity with Multifamily construction and development process

Keys to Success in this Role:

  • Knowledge of the LIHTC Equity Affordable Housing and Multifamily industry
  • Strong oral and written communication skills
  • Strong analytical skills
  • Willingness to ask questions and think creatively
  • Ability to work independently review work products before submitting and provide dynamic solutions
  • Ability to multitask and respond quickly to timesensitive situations
  • Building and managing relationships
  • Thinking like an investor

Current Freddie Mac employees please apply through the internal career site.

Today Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart creative and dedicated team and youll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race religion color national origin gender sexual orientation age marital status veteran status disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment. Please contact us to request accommodation.

A safe and secure environment is critical to Freddie Macs business. This includes employee commitment to our acceptable use policy applying a vigilancefirst approach to work supporting regulatory mandates and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more please visit and register with our referral code: MAC.

Timetype:Full time

FLSA Status:Exempt

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and marketleading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized marketbased salary range of $102000 $152000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position experience skill set internal pay equity and other relevant qualifications of the applicant.

Required Experience:

Senior IC

Employment Type

Full-Time

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