LIHTC Development Consultant

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Dare to bring your unique perspective? At Novogradac, we value individuals who bring bold ideas. If you're eager to contribute to an inclusive, innovative environment where your personal and professional growth is encouraged and supported, we invite you to explore this exciting opportunity with us. 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. Your Contributions and Responsibilities 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. Your Background and Skills 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. Why work with us? 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. Dress for your day policy. Resources of a national firm. Opportunities to engage with employee resource groups and affinity groups. Emphasis on work‑life integration. Compensation: $123,000 to $166,000 depending on experience. More is possible if experience dictates. Novogradac is an equal opportunity employer. #J-18808-Ljbffr Novogradac Consulting LLP