Senior LIHTC Development Consultant

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.

• 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 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. Provide training to staff and clients. Contribute to internal knowledge sharing and best practices.

• 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. Independent project and client management experience is required.
• Preferred credentials: CPA, MBA, MRED, JD, or similar.
• Multi‑state 9% and 4% experience with strong knowledge of the LIHTC program, QAPs, and state housing agency processes.
• Experience with affordable housing finance structures, including capital stack development involving equity, debt, tax credits and other public or private funding sources.
• Strong analytical, project management, communication and relationship management skills. Ability to manage multiple complex engagements, timelines, and deliverables with limited oversight.

• Competitive salary (US $139,000–US $187,000).
• Increased paid holidays per year.
• Continuous salary review.
• Flexible working hours and arrangements, remote and hybrid options.
• Inclusive workplace with strong professional growth opportunities.
• Benefits package including 401(k) with profit‑sharing, medical, dental, vision, paid time off, life/disability insurance, and commuter flex accounts.

Novogradac is committed to fostering a welcoming workplace where all employees feel valued and empowered to grow.

Novogradac and Company LLP is an equal opportunity employer. We value diversity and respect the different perspectives that each of our employees bring to Novogradac no matter their age, race, religion, gender identity or sexual orientation. We are committed to creating an equitable and inclusive workplace for our entire workforce.