Senior LIHTC Development Consultant

Position Summary The Senior LIHTC Development Consultant serves as a trusted advisor to affordable housing developers, providing independent, high-level leadership on low‑income housing tax credit (LIHTC) transactions. This 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. Responsibilities Project Leadership & Strategy 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. Application & Allocation Leadership Direct preparation and review of LIHTC applications under 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. 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 primary client contact and strategic 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 practices. Background & Skills Candidate must hold a bachelor’s degree in Business Administration, Political Science, Public Policy, or a related field and possess at least nine years of LIHTC development or consulting experience, including independent project and client management. Preferred credentials include CPA, MBA, MRED, JD. Multi‑state 9% and 4% LIHTC experience. Strong knowledge of the LIHTC program, QAPs, and state housing agency processes. In-depth understanding of affordable housing finance structures, including equity, debt, tax credits, and other public or private funding sources. Ability to analyze risks, assumptions, and structuring alternatives and provide strategic recommendations. Strong project management skills with the ability to manage multiple complex engagements, timelines, and deliverables simultaneously. Excellent verbal and written communication skills and the ability to communicate complex financial, regulatory, and LIHTC program concepts clearly to clients and stakeholders. Strong relationship management and advisory skills with the ability to collaborate effectively with internal and external stakeholders. Ability to exercise independent judgment and lead complex LIHTC transactions with limited oversight. Excellent organizational skills, with the ability to prioritize a fast‑paced and varied workload and manage shifting priorities. Strong computer skills, particularly Microsoft Office (especially Excel) and report‑writing tools. Equal Opportunity Employer. #J-18808-Ljbffr Novogradac & Company LLP