LIHTC Development Consultant

Novogradac; Austin (CO); Hybrid; USD 111,000 - 150,000; Full time

Benefits offered by this job

Flexible working hours

Remote and hybrid opportunities

401(k) package with firm profit-sharing

Job summary

Novogradac in Austin, Colorado, is seeking a LIHTC Development Consultant to advise affordable housing developers on complex low-income housing tax credit transactions. This role requires a strong background in LIHTC development, client relationship management, and financial modeling. The ideal candidate will have at least five years of relevant experience and a Bachelor's degree. The firm offers a competitive salary ranging from $111,000 to $150,000, along with flexible working arrangements and an inclusive workplace culture.

Qualifications

• Five years of LIHTC development or consulting experience.
• Knowledge of affordable housing finance structures.
• Ability to analyze risks and provide strategic recommendations.

Responsibilities

• Advise on LIHTC development strategy and feasibility analysis.
• Direct preparation of LIHTC applications.
• Review financial models and pro formas.

Skills

LIHTC program knowledge

Analytical skills

Relationship management

Independent judgment

Communication skills

Microsoft Office (Excel)

Education

Bachelor’s degree in Business Administration or related field

Preferred CPA, MBA, MRED, JD

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.

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 forma.
• 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.

Benefits

• Compensation: $111,000 to $150,000 depending on experience. More is possible if experience dictates.
• 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.
• 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 Employee Resource Groups and affinity groups.

Equal Opportunity Employer

Novogradac and Company LLP is an equal‑opportunity employer. The company is committed to ensuring a fair and inclusive recruitment process, making reasonable accommodations to individuals with disabilities or special needs throughout the application process. Applicants from all backgrounds, identities, and experiences are encouraged to apply.