LIHTC Development Consultant

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.