At a Glance
- Tasks: Advise on affordable housing development and lead complex LIHTC transactions.
- Company: Join Novogradac, a leading firm in real estate and community development.
- Benefits: Enjoy competitive pay, flexible hours, and a supportive work environment.
- Other info: Inclusive culture with opportunities for mentorship and professional growth.
- Why this job: Make a real impact in affordable housing while growing your career.
- Qualifications: 5+ years in LIHTC development; strong analytical and communication skills.
The predicted salary is between 106000 - 143000 £ per year.
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. At Novogradac, we value individuals who bring unique perspectives and 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 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.
Novogradac is committed to fostering a welcoming workplace where all employees feel valued and empowered to grow. We believe in offering a supportive, balanced work environment that encourages professional growth and work-life integration.
We are proud to offer:
- 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
The benefits of joining our team
- 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
- Compensation: $106,000 to $143,000 depending on experience. More is possible if experience dictates.
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, as we believe that unique perspectives strengthen our ability to achieve excellence.
Novogradac & Company LLP offers a progressive work environment, competitive pay and an excellent benefits package including medical, dental, vision, paid time off, life/disability insurance, commuter flex accounts and a 401(k). Novogradac and Company LLP is an equal opportunity employer. Novogradac’s culture is centered on education, acceptance, innovation and opportunity. We value diversity and respect the different perspectives that each of our employees bring to Novogradac no matter their age, race, religion, gender identity or sexual orientation. We are committed to creating an equitable and inclusive workplace for our entire workforce.
LIHTC Development Consultant in Andover employer: Novogradac & Company LLP
Contact Detail:
Novogradac & Company LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land LIHTC Development Consultant in Andover
✨Tip Number 1
Network like a pro! Get out there and connect with people in the affordable housing sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your expertise! When you get the chance to chat with hiring managers or during interviews, make sure to highlight your experience with LIHTC transactions and your ability to navigate complex financial models. This is your time to shine and demonstrate how you can add value to their team.
✨Tip Number 3
Prepare for those tricky questions! Brush up on common interview questions related to LIHTC development and think about how you can relate your past experiences to the role. Practising your responses will help you feel more confident and ready to impress.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing applications come directly from passionate candidates. Plus, it shows your enthusiasm for joining our team at Novogradac. So, hit that apply button and let’s get the conversation started!
We think you need these skills to ace LIHTC Development Consultant in Andover
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for affordable housing and LIHTC development shine through. We want to see that you truly believe in what you're doing, just like we do!
Tailor Your Experience: Make sure to highlight your relevant experience in LIHTC transactions and client management. Use specific examples that demonstrate your skills and how they align with the role. We love seeing how your unique perspective can contribute to our team!
Be Clear and Concise: Communicate your ideas clearly and avoid jargon where possible. We appreciate straightforward language that gets to the point, especially when discussing complex concepts. Remember, clarity is key!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. Don’t miss out!
How to prepare for a job interview at Novogradac & Company LLP
✨Know Your LIHTC Inside Out
Make sure you brush up on your knowledge of the Low-Income Housing Tax Credit (LIHTC) programme. Understand the nuances of 9% and 4% transactions, Qualified Allocation Plans (QAPs), and the state housing agency processes. This will not only help you answer technical questions but also show your genuine interest in the role.
✨Showcase Your Client Management Skills
Prepare examples that highlight your experience in managing client relationships. Think about times when you successfully navigated complex situations or provided strategic advice. Being able to communicate how you’ve effectively collaborated with developers, lenders, and other stakeholders will set you apart.
✨Demonstrate Your Analytical Prowess
Be ready to discuss your approach to financial modelling and risk analysis. Bring examples of how you've evaluated underwriting assumptions or structured capital stacks in past projects. This will demonstrate your ability to provide strategic recommendations and your comfort with complex financial concepts.
✨Practice Clear Communication
Since the role involves explaining complex LIHTC concepts, practice articulating these ideas clearly and concisely. You might even want to do a mock interview with a friend or mentor. The clearer you can communicate your thoughts, the more confident you'll appear during the actual interview.