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Affordable Housing Finance Attorney (Mid-Level) - Chicago

$310k - $390k

Direct Counsel

Job Description

Job Description

Affordable Housing Finance Attorney

Orange County, CA | Chicago, IL | New York, NY
Mid-Level | 4+ Years Experience | AmLaw 50 Firm

Direct Counsel represents an AmLaw 50 firm seeking an experienced Affordable Housing Finance Attorney to join its growing Finance Practice Group.

This is an excellent opportunity for a finance attorney with strong lender-side affordable housing and multifamily finance experience to work on sophisticated, nationwide transactions representing banks, financial institutions, and other leading lenders.

The Role
  • Represent lenders in affordable housing and multifamily finance transactions nationwide.
  • Handle tax-exempt and taxable financings, including construction, bridge, and permanent loans.
  • Draft and negotiate mortgage loan documents, intercreditor agreements, and subordinate financing arrangements .
  • Work on transactions involving HUD, Freddie Mac, and Fannie Mae programs.
  • Navigate complex capital structures involving tax credits, subordinate financing, and intercreditor arrangements.
  • Conduct real estate and entity due diligence.
  • Manage deal workstreams from origination and closing through servicing, payoff, workouts, and enforcement.
  • Work directly with sophisticated clients while taking ownership of transactions.
Qualifications
  • 4+ years of lender-side affordable housing finance experience .
  • Experience with affordable housing and multifamily finance transactions.
  • Strong experience drafting and negotiating mortgage loan and financing documents.
  • Familiarity with tax-exempt and taxable bond transactions preferred.
  • Strong real estate and entity due diligence experience.
  • Excellent legal writing, analytical, and communication skills.
  • Ability to manage transactions independently while working collaboratively.
  • J.D. from an accredited law school.
  • California Bar admission preferred; Illinois or New York Bar may also be considered.
Compensation & Benefits
  • $310,000–$390,000 annual salary , depending on experience and qualifications.
  • Direct client contact and meaningful deal ownership.
  • Strong training, mentorship, and professional development.
  • Opportunity to work on sophisticated affordable housing transactions nationwide.
  • Collaborative environment within a leading national Finance practice.
Locations

Orange County, CA | Chicago, IL | New York, NY

Candidates interested in other California offices may also be considered.

If you're an affordable housing finance attorney looking to work on sophisticated, high-impact transactions while building a long-term career with a premier national Finance practice, this is an excellent opportunity.

Vacancy posted 2 days ago
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