LIHTC Development Analyst
Assists the firm’s principals and several regional development officers in various phases of the development process. Assist with all aspects of the development of a deal from identification through due diligence, underwriting, closing, construction, rent-up, and turnover to operations.
- Oversee and manage all aspects of the development of a deal from identification through due diligence, underwriting, closing, construction, rent-up, and turnover to operations.
- Independent financial underwriting/modeling/analysis of potential transactions; to include examining price and terms, issues related to financing or risk, buyer capacity, fees and approvals, or other closing issues.
- Prepare executive summaries of transactions including key risks/strengths for submittal to senior management for project approval
- Conduct due diligence on transactions once approved.
- Organize, assemble, and submit documents required for equity and loan approvals
- Organization and preparation of LIHTC application paperwork submitted for LIHTC’s or various financing programs.
- Coordination with title companies, attorneys, and other 3rd parties.
- Coordination of third party professionals.
- Assist with arranging debt and equity financing.
- Prepare funding requests for loan and equity draws.
- Prepare and analyze financial and operating statements;
- Interface with auditors to prepare cost certifications, etc.;
- Prepare and maintain financial models for all transactions
- Research qualifications and application process for various finance programs including: LIHTC, and various state and federal funding programs.
- Review and analyze engineering and environmental studies
- Other duties or projects as assigned by management.
- Ability to work on large projects on a collaborative basis;
- Ability to work on multiple projects simultaneously;
- High degree of attention to detail;
- Superior internal and external customer service skills, interpersonal and communication skills;
- Strong organizational skills;
- Ability to work in a flexible and production oriented environment;
- Advanced knowledge of Microsoft Office products; specifically Excel Workbook with multiple linked spreadsheets and the Internet.
- Ability to define problems, collect data, establish facts, and draw valid conclusions.
- Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
This position has no supervisory responsibilities; however, may act as a lead or mentor to junior staff and/or interns.
This is a full-time position; typical work hours and days are Monday through Friday, 8:30 a.m. to 5 p.m. Flexibility in hours is allowed, and, as an exempt position, there will be times when work hours will extend beyond 40 in a week.
The travel requirements are generally up to 15%, and on an as needed basis.
Required Education and Experience
- Bachelor’s degree from four-year college or university required;
- High graduating GPA (3.5+) strongly preferred.
- Familiarity with investment analysis.
- Ability to research and understand qualifications and application process for various finance programs including; LIHTC and various state and federal funding programs
- Capable of analyzing the merits and/or risks of a particular investment, utilizing basic internet research and Microsoft Excel.
- At least 2 years of experience working in affordable housing; tax credit, LIHTC, and a strong understanding of the qualifications and application process for these programs.
Job Type: Full-time
Job Location: Atlanta, GA, Charleston, SC, St. Petersburg, FL. Remote for the perfect candidate (3-5 years LIHTC syndication or development experience in an analyst role with demonstrated academic and professional excellence).