Senior LIHTC Underwriter – Affordable Housing Finance

Harmony Housing Affordable Development; Raleigh (NC); On-site; USD 90,000 - 140,000; Full time

Job summary

Harmony Housing Affordable Development (HHAD) seeks an experienced Affordable Housing Underwriter to join our Raleigh, NC team. You will manage underwriting, financing, and closing for multi-family projects, coordinating with Finance, Development, and Construction to drive successful outcomes.

The role requires strong financial modeling, LIHTC expertise, and the ability to communicate with lenders, investors, and government agencies.

Qualifications

• Bachelor’s degree in accounting, business, finance, real estate, mathematics, or related field.
• Minimum of two (2) years of progressive professional experience in real estate development, real estate finance, or LIHTC syndication.
• Exceptional financial modeling skills with Excel (advanced).
• Experience reviewing real estate financial information (operating statements, rent rolls, audits, loan documents).
• Experience with LIHTC and tax-exempt bond financing, FHA mortgage insurance programs, and Agency debt products.
• Strong analytical, problem-solving, and communication skills.
• Ability to manage multiple projects under deadlines and collaborate cross-functionally.
• Background check required; HHAD is an EEO employer.

Responsibilities

• Lead underwriting, financing, and closing of multi-family affordable development projects.
• Collaborate with Finance, Development, and Construction teams to execute multiple projects.
• Prepare, maintain, and audit financial models and supporting materials for leadership and partners.
• Raise debt and equity; solicit lenders and investors; negotiate terms.
• Monitor project budgets and schedules; analyze pre-development costs and cash needs.
• Prepare tax credit and funding applications; ensure compliance with regulations.
• Lead stakeholder meetings with lenders, investors, and government agencies.

Skills

Financial modeling

Analytical skills

Communication

Team collaboration

Education

Bachelor’s degree in accounting/finance/real estate

Master’s degree a plus

Tools

Excel

SharePoint

SmartSheets

Adobe

Job description

Harmony Housing Affordable Development (HHAD) seeks an experienced Affordable Housing Underwriter to join our Raleigh, NC team. You will manage underwriting, financing, and closing for multi-family projects, coordinating with Finance, Development, and Construction to drive successful outcomes.

The role requires strong financial modeling, LIHTC expertise, and the ability to communicate with lenders, investors, and government agencies.