At a Glance
- Tasks: Lead and advise on affordable housing development strategies and manage client relationships.
- Company: Join Novogradac, a top consulting firm dedicated to innovation and inclusion.
- Benefits: Enjoy competitive pay, flexible hours, remote options, and a supportive work environment.
- Other info: Be part of a diverse team that values unique perspectives and professional growth.
- Why this job: Make a real impact in affordable housing while growing your career in a dynamic team.
- Qualifications: 9+ years of LIHTC experience and strong project management skills required.
The predicted salary is between 133000 - 179000 £ 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 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.
Your Contributions and 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 applicable 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.
Your Background and Skills:
- Bachelor’s degree in Business Administration, Political Science, Public Policy, or a related field and at least 9 years of LIHTC development or consulting experience. Additionally, independent project and client management experience is required.
- Preferred CPA, MBA, MRED, JD, or similar credential. Multi-state 9% and 4% experience.
- Strong 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.
- Strong project management skills with the ability to manage multiple complex engagements, timelines, and deliverables simultaneously.
- Ability to communicate complex financial, regulatory, and LIHTC program concepts clearly to clients, stakeholders, and internal team members.
- 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 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: $133,000 to $179,000 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.
At Novogradac, we offer a variety of Employee Resource Groups and Affinity Groups to provide all employees with opportunities to connect, collaborate, and support one another in the workplace. 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.
Senior 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 Senior LIHTC Development Consultant in Andover
✨Tip Number 1
Network like a pro! Reach out to your connections in the affordable housing sector and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your LIHTC knowledge. Make sure you can discuss recent trends, challenges, and successes in the industry. This will show potential employers that you’re not just a candidate, but a passionate expert ready to contribute.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation and reiterate your interest in the position. It keeps you fresh in their minds and shows your enthusiasm.
✨Tip Number 4
Check out our website for job openings and apply directly through us! We love seeing candidates who are proactive and engaged. Plus, it gives you a better chance to stand out in the application process.
We think you need these skills to ace Senior LIHTC Development Consultant in Andover
Some tips for your application 🫡
Show Your Passion: When you're writing your application, let your enthusiasm for affordable housing and LIHTC shine through! We want to see that you truly believe in what you're doing and how you can contribute to our mission.
Tailor Your Experience: Make sure to highlight your relevant experience in LIHTC development or consulting. We love seeing how your unique background aligns with the role, so don’t hold back on those specific achievements!
Be Clear and Concise: We appreciate clear communication, especially when it comes to complex concepts. Keep your application straightforward and to the point, showcasing your ability to communicate effectively, just like you would with clients.
Apply Through Our Website: Don’t forget 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 with Novogradac.
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, especially the 9% and 4% transactions. Be prepared to discuss specific examples from your experience that demonstrate your understanding of QAPs and state housing agency processes.
✨Showcase Your Project Management Skills
Since this role involves leading complex projects, be ready to share instances where you've successfully managed multiple engagements. Highlight your ability to prioritise tasks and meet deadlines while maintaining quality work.
✨Communicate Clearly and Confidently
Practice explaining complex financial concepts in a straightforward manner. The interviewers will want to see how well you can communicate with clients and stakeholders, so consider doing mock interviews to refine your delivery.
✨Demonstrate Your Mentorship Experience
As a Senior Consultant, you'll likely be mentoring staff. Share your past experiences in training or guiding others, and discuss how you foster an inclusive environment that encourages growth and collaboration.