LIHTC Development Consultant

LIHTC Development Consultant (Subcontractor)

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.