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, 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.

• 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

$99,000 to $133,000 depending on experience. More is possible if experience dictates.

Novogradac and Company LLP 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. We encourage applicants from all backgrounds, identities, and experiences to apply.