LIHTC Development Consultant

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.

• Project Leadership & Strategy: 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.
• Application & Allocation Leadership: 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.
• 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 a client contact and 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 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 the 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.

• 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 active Employee Resource Groups (ERGs), affinity groups, and advance your career within a supportive, inclusive environment.

$96,000 to $129,000 depending on experience. More is possible if experience dictates.

Interested candidates must apply via the company website.

Novogradac is an equal‑opportunity employer. Novogradac is committed to ensuring a fair and inclusive recruitment process, making reasonable accommodations to individuals with disabilities or special needs throughout the application process.