LIHTC Multifamily Underwriting Analyst II

Pennsylvania Housing Finance Agency

Pittsburgh (Allegheny County)

On-site

USD 80,000 - 120,000

Full time

2 days ago

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Job summary

Pennsylvania Housing Finance Agency in Pittsburgh is seeking a Multifamily Project Underwriter and Financial Analyst to coordinate reviews of multifamily applications, determine LIHTC and agency loan eligibility, and apply underwriting techniques to complex affordable housing transactions.

You will assess financial feasibility, ensure compliance with agency policies, and manage closing-related documents, while serving as the primary contact for developments and coordinating with multiple

Qualifications

Bachelor's degree required; preferred fields include business/finance/real estate.
3–5 years of work experience in affordable multifamily housing.
Experience with Low-Income Housing Tax Credit underwriting or development preferred.

Responsibilities

Coordinate the review of assigned multifamily applications.
Determine LIHTC eligibility, tax-exempt bond financing, and Agency loan eligibility.
Apply prudent underwriting techniques to complex affordable housing transactions.
Review environmental reports, appraisals, market studies, financing commitments, and project updates.
Assess financial feasibility and compliance with QAP and cost limits.
Manage 25% test for tax-exempt volume cap transactions.
Serve as primary contact for developments and liaise with internal divisions.