Senior LIHTC Development Consultant

Position Summary

Senior LIHTC Development Consultant serves as a trusted advisor to affordable housing developers, providing high‑level leadership on low‑income housing tax credit (LIHTC) transactions. The 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.

• 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.
• Prepare and review 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; review and evaluate sources and uses, credit calculations, and operating pro forma; advise on equity pricing and investor requirements.
• Support closings and post‑award activities through 8609 issuance.
• Serve as primary client contact and strategic advisor; coordinate with developers, lenders, investors, attorneys, and agencies; communicate complex LIHTC concepts clearly.
• Review work of staff, provide training to staff and clients, and contribute to internal knowledge sharing and best practices.

• Bachelor’s degree in Business Administration, Political Science, Public Policy, or related field.
• At least 9 years of LIHTC development or consulting experience, including multi‑state 9% and 4% transaction experience.
• Independent project and client management experience; strong knowledge of LIHTC program, QAPs, state housing agency processes.
• Proficiency in affordable housing finance structures, capital stack development, and ability to analyze risks and structuring alternatives.
• Strong project management skills; ability to manage multiple complex engagements and timelines.
• Excellent communication and relationship‑management skills; ability to advise internal and external stakeholders.
• Ability to exercise independent judgment and lead complex LIHTC transactions with limited oversight.
• Strong computer skills, especially Microsoft Office (Excel) and report writing tools.
• Preferred credentials: CPA, MBA, MRED, JD, or similar.

$128,000 to $173,000 depending on experience; additional compensation possible based on experience.

Novogradac is an equal opportunity employer.