LIHTC Development Consultant

Novogradac Consulting LLP; Alpharetta (GA); Hybrid; USD 80,000 - 100,000; Full time

Benefits offered by this job

Flexible working hours

401(k) package with profit-sharing

Competitive benefits package including medical, dental, vision

Dress-for-your-day policy

Job summary

Novogradac Consulting LLP in Alpharetta, Georgia, is seeking a LIHTC Development Consultant to advise affordable housing developers. This position involves leading complex LIHTC transactions and mentoring staff while managing client relationships and providing technical expertise.

The ideal candidate will have a Bachelor’s degree and at least five years of experience in LIHTC development, alongside strong communication skills and proficiency in financial modeling.

Qualifications

• 5+ years of LIHTC development or consulting experience.
• Multi-state experience with 9% and 4% transactions.
• Strong risk analysis and strategy recommendation skills.

Responsibilities

• Engage in LIHTC development strategy and feasibility analysis.
• Direct preparation and review of LIHTC applications.
• Serve as client contact coordinating with various stakeholders.

Skills

LIHTC development experience

Project leadership

Financial modeling

Communication skills

Education

Bachelor’s degree in Business Administration or related field

Preferred CPA, MBA, MRED, JD

Tools

Microsoft Excel

Job description

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.

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; provide training to staff and clients; contribute to internal knowledge sharing and best practice.

Qualifications

• 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.

Benefits

• Competitive salaries with continuous review of market conditions.
• Increased number of paid holidays per year.
• Flexible working hours and work arrangements; remote and hybrid opportunities.
• Inclusive workplace with strong professional growth and development opportunities.
• 401(k) package with firm profit‑sharing.
• Strong emphasis on quality work‑life integration.
• Dress‑for‑your‑day policy.
• Opportunities to engage with Employee Resource Groups (ERGs) and affinity groups.
• Competitive benefits package including medical, dental, vision, paid time off, life/disability insurance, commuter flex accounts, and more.

Equal Opportunity Employer

Novogradac and Company LLP is an equal opportunity employer. We value diversity and respect the different perspectives that each of our employees bring, no matter their age, race, religion, gender identity, or sexual orientation.