LIHTC Development Consultant

Novogradac; Cleveland (OH); Hybrid; USD 96,000 - 129,000; Full time

Benefits offered by this job

Remote and hybrid opportunities

Flexible working hours

Competitive salaries

Job summary

Novogradac is seeking a LIHTC Development Consultant to advise affordable housing developers on 9% and 4% LIHTC transactions from feasibility to closing. You will lead strategy, perform underwriting reviews, and mentor staff while managing client relationships.

You will collaborate with developers, lenders, investors and public agencies, review sources and uses, equity pricing, and guide projects through awards and post-award steps. Experience required.

Qualifications

• Bachelor’s degree and at least five years of LIHTC development or consulting experience.
• Preferred CPA, MBA, MRED, JD, or similar credential with multi-state LIHTC experience.
• Knowledge of LIHTC program including 9% and 4% transactions, QAPs, and state housing agency processes.
• Strong ability to analyze risks, assumptions, and structuring alternatives and provide strategic recommendations.

Responsibilities

• Lead LIHTC development strategy, feasibility analysis, and capital stack structuring.
• Advise on 9% and 4% LIHTC transactions and review underwriting assumptions.
• Direct preparation and review of LIHTC applications under QAPs; develop scoring and positioning strategies.
• Review sources and uses, credit calculations, and operating pro formas; advise on equity pricing.
• Mentor staff and contribute to internal knowledge sharing and best practices.

Skills

LIHTC development

Client management

Financial modeling

Excel

Strategic advisory

Mentorship

Regulatory knowledge

Education

Bachelor’s degree in Business Administration, Political Science, Public Policy, or related field

Tools

Microsoft Excel

Report writing tools

Job description

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.

Dare to bring your unique perspective?

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.

Why work with us?

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 policyResources 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: $96,000 to $129,000 depending on experience. More is possible if experience dictates.

Don't meet every single qualification?

After reviewing this job posting, are you hesitating to apply because you don’t meet all the listed requirements? At Novogradac, we are dedicated to building a workplace supported by unique perspectives and experiences, so if you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we still encourage you to apply.

You may still be the right candidate for this or one of our other roles.

Get to know us better!

We’re Novogradac, a national certified public accounting and consulting firm headquartered in San Francisco. Founded in 1989, the allied group of Novogradac companies has grown to more than 900 employees and partners with more than 25 offices throughout the country.

Novogradac is one of the nation’s top 40 certified public accounting and consulting firms and is a recognized leader in real estate and community development. Novogradac provides publicly and privately held national enterprises with a full spectrum of audit, tax, valuation, expert witness and litigation support, property compliance and general consulting services and works extensively in the affordable housing, community development, historic preservation and renewable energy fields.

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, 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.

By submitting an application with us, you are providing Novogradac with personal information. More information on how we use your personal information may be found in our Privacy Notice at Collection.