LIHTC Development Consultant

Novogradac; Atlanta (GA); Hybrid; USD 106,000 - 143,000; Full time

Benefits offered by this job

Flexible working hours

401(k) with profit sharing

Professional growth opportunities

Job summary

Novogradac is seeking a LIHTC Development Consultant in Atlanta, GA. You will provide expert guidance on low-income housing tax credit transactions, manage client relationships, and lead project strategies. Requirements include a Bachelor’s degree in a relevant field and five years of LIHTC experience. The role offers a competitive salary range of $106,000 to $143,000, plus flexible working arrangements and a comprehensive benefits package.

Qualifications

• Bachelor’s degree in a relevant field and at least five years of LIHTC development or consulting experience.
• Preferred CPA, MBA, MRED, JD, or similar credential.
• Knowledge of LIHTC program, including 9% and 4% transactions.

Responsibilities

• Engage in and advise on LIHTC development strategy.
• Direct preparation and review of LIHTC applications.
• Serve as a client contact and advisor.

Skills

LIHTC development experience

Analytical skills

Communication skills

Relationship management

Microsoft Excel proficiency

Education

Bachelor’s degree in Business Administration or related field

CPA, MBA, MRED, JD or similar credential

Tools

Microsoft Office Suite

Job description

Position Overview

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.
• Project Leadership & Strategy: Serve as an advisor on 9% and 4% LIHTC transactions.
• Project Leadership & Strategy: Evaluate underwriting assumptions, risks, and structuring alternatives.
• Project Leadership & Strategy: 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).
• Application & Allocation Leadership: Assist in development of scoring and positioning strategies.
• Application & Allocation Leadership: Engage in agency interactions and respond to clarification requests.
• Application & Allocation Leadership: Guide clients through awards and post-award requirements.
• Financial Modeling & Transaction Support: Review and evaluate sources and uses, credit calculations, and operating pro formas.
• Financial Modeling & Transaction Support: Advise on equity pricing and investor requirements.
• Financial Modeling & Transaction Support: Support closings and post-award activities through 8609 issuance.
• Client & Stakeholder Management: Serve as a client contact and advisor.
• Client & Stakeholder Management: Coordinate with developers, lenders, investors, attorneys, and agencies.
• Client & Stakeholder Management: Communicate complex LIHTC concepts clearly.
• Mentorship & Practice Contribution: Review work of staff, as applicable.
• Mentorship & Practice Contribution: Provide training to staff and clients.
• Mentorship & Practice Contribution: 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.

Compensation & Benefits

• Compensation: $106,000 to $143,000 depending on experience. More is possible if experience dictates.
• Competitive salaries with continuous market-based reviews.
• Flexible working hours and work arrangements; remote and hybrid opportunities.
• Inclusive workplace with strong professional growth and development opportunities.
• 401(k) with firm profit-sharing and a comprehensive benefits package.

Commitment To Inclusion

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.

Application Note

To be considered for this position, interested candidates MUST apply via our company website: https://www.novoco.com/careers.