LIHTC Development Consultant Remote
Minneapolis, MN - USA
Job Summary
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
Lead and advise on LIHTC development strategy feasibility analysis and capital stack structuring.
Serve as primary 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).
Develop scoring and positioning strategies.
Lead 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 primary client contact and strategic 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 practices.
Your Background and Skills
Bachelors 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.
Preferred CPA MBA MRED JD or similar credential. Multi-state 9% and 4% experience.
Strong 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.
Strong project management skills with the ability to manage multiple complex engagements timelines and deliverables simultaneously.
Ability to communicate complex financial regulatory and LIHTC program concepts clearly to clients stakeholders and internal team members.
Strong relationship management and advisory skills with the ability to collaborate effectively with internal and external stakeholders.
Ability to exercise independent judgment and lead complex LIHTC transactions with limited 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.