LIHTC Development Analyst

Summary/Objective

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.

Key Responsibilities

  • 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.

Competencies

  • 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.

Supervisor Responsibility

This position has no supervisory responsibilities; however, may act as a lead or mentor to junior staff and/or interns.

Position Type

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.

Travel

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). 

 

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