LIHTC Development Consultant

Dare to bring your unique perspective? 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.

• 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.

• 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.

• 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.

• Serve as a client contact and advisor.

• Coordinate with developers, lenders, investors, attorneys, and agencies.

• Communicate complex LIHTC concepts clearly.

• Review work of staff, as applicable.

• Provide training to staff and clients.

• Contribute to internal knowledge sharing and best practice.

• 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.

Novogradac is committed to fostering a welcoming workplace where all employees feel valued and empowered to grow. We believe in offering a supportive, balanced work environment that encourages professional growth and work‑life integration.

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

• 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: $106,000 to $143,000 depending on experience. More is possible if experience dictates.

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