Senior LIHTC Development Consultant

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 Senior LIHTC Development Consultant serves as a trusted advisor to affordable housing developers, providing independent, high-level leadership on low-income housing tax credit (LIHTC) transactions. This role leads 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

• Lead and advise on LIHTC development strategy, feasibility analysis, and capital stack structuring.
• Serve as primary 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).
• Develop scoring and positioning strategies.
• Lead 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 primary client contact and strategic 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 practices.

Your Background And Skills

• Bachelor’s degree in Business Administration, Political Science, Public Policy, or a related field and at least 9 years of LIHTC development or consulting experience. Independent project and client management experience is required.
• Preferred CPA, MBA, MRED, JD, or similar credential. Multi‑state 9% and 4% experience.
• Strong 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.
• Strong project management skills with the ability to manage multiple complex engagements, timelines, and deliverables simultaneously.
• Ability to communicate complex financial, regulatory, and LIHTC program concepts clearly to clients, stakeholders, and internal team members.
• Strong relationship management and advisory skills with the ability to collaborate effectively with internal and external stakeholders.
• Ability to exercise independent judgment and lead complex LIHTC transactions with limited 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.

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 policy
• Resources 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: $124,000 to $167,000 depending on experience. More is possible if experience dictates.

Novogradac is an equal opportunity employer. We are committed to ensuring a fair and inclusive recruitment process, making reasonable accommodations to individuals with disabilities or special needs throughout the application process. Applicants from all backgrounds, identities, and experiences are encouraged to apply.