Role Description
We are seeking a LIHTC Year 15 Specialist to lead and manage investment dispositions, partnership restructurings, and investor exit strategies associated with Low-Income Housing Tax Credit (LIHTC) properties reaching the end of their initial compliance period. This role serves as a subject matter expert on Year 15 transactions and works closely with investors, developers, legal counsel, syndicators, asset managers, and ownership entities to evaluate and execute complex ownership transitions and preserve affordable housing assets.
The ideal candidate combines strong financial analysis capabilities with a solid understanding of LIHTC partnership structures, legal agreements, and transaction negotiations. This individual will be responsible for:
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Assessing investor exit options
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Modeling transaction outcomes
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Mitigating financial and tax liabilities
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Facilitating successful resolutions among various stakeholders
Qualifications
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Bachelor's degree in Finance, Accounting, Real Estate, Business Administration, Economics, or a related field
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3+ years of experience in LIHTC asset management, affordable housing finance, real estate transactions, syndication, or related disciplines
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Working knowledge of the LIHTC program, Section 42 compliance requirements, and affordable housing ownership structures
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Experience reviewing and interpreting partnership agreements, operating agreements, and legal transaction documents
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Strong financial modeling skills, including cash flow analysis, waterfall modeling, valuation methodologies, and NPV calculations
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Ability to understand and analyze complex legal entity structures and partnership arrangements
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Exceptional analytical and problem-solving capabilities
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Strong negotiation and stakeholder management skills
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Advanced Microsoft Excel skills
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Excellent written and verbal communication abilities
Requirements
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5+ years of LIHTC asset management, syndication, affordable housing finance, or transaction experience (preferred)
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Experience leading Year 15 investor exits, partnership restructurings, or ownership transfers (preferred)
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Familiarity with investor tax liability analysis, capital account management, and partnership taxation (preferred)
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Experience working with institutional investors, syndicators, developers, and external legal counsel (preferred)
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Knowledge of affordable housing preservation strategies and emerging Year 15 market trends (preferred)
Key Competencies
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Financial Modeling & Valuation
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LIHTC Program Knowledge
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Partnership Agreement Analysis
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Legal Document Interpretation
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Transaction Structuring
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Negotiation & Influence
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Critical Thinking
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Risk Assessment
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Stakeholder Management
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Project Management
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Written Communication
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Strategic Decision Making
Ideal Backgrounds
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LIHTC Asset Management
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Affordable Housing Investment Management
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LIHTC Syndication
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Affordable Housing Acquisitions
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Affordable Housing Finance
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Real Estate Private Equity
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Tax Credit Consulting
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Community Development Financial Institutions (CDFIs)
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Housing Finance Agencies
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Affordable Housing Legal or Transaction Advisory Firms