LIHTC Development Consultant - Remote

LIHTC Development Consultant Position Summary The LIHTC Development Consultant will provide specialized technical expertise related to Low-Income Housing Tax Credit transactions, tax-exempt bond financing, cost certifications, and tax credit compliance. Primary Responsibilities

• Provide guidance regarding LIHTC transaction structures.
• Assist with preparation and review of financial models.
• Prepare and/or review 50% Test and 95/5 Test calculations.
• Support investor due diligence and equity closing requirements.
• Assist with calculation of eligible basis, qualified basis, and applicable fractions.
• Support preparation of IRS Form 8609 documentation.
• Assist with preparation and review of cost certifications.
• Advise on compliance with IRS Section 42 requirements and tax credit regulations.
• Provide technical consultation related to bond-financed and RAD transactions.

Qualifications

• Demonstrated experience with LIHTC developments.
• Experience completing multiple LIHTC cost certifications.
• Knowledge of IRS Section 42 requirements and tax-exempt bond financing.
• Experience working with housing authorities and affordable housing developments preferred.