Development Manager for Multifamily – LIHTC position – Dallas or Austin, TX

ISC’s Real Estate Development & Construction Recruiting team is partnering with a thriving Real Estate Development & Construction Company to recruit candidates for a Development Manager for Multifamily – LIHTC in the greater Dallas/Fort Worth, TX area.


Requirements for Development Manager for Multifamily – LIHTC – Do you have the following:

  • · Bachelor’s degree in Construction Management, Business, Finance, Accounting or related discipline.
  • · 4+ years of experience in acquisition, development and finance for new construction for multifamily LIHTC housing.
  • · Prior experience with market rate transactions and closings for LIHTC development.
  • · Must have strong financial analysis skills.
  • · Ability to comprehend, analyze, and interpret business and legal documents.
  • · Prior experience with internal rate of return (IRR), net present value (NPV), and other valuation metrics.
  • · General understanding of real estate development.
  • · Self-driven, excellent communications both verbal and written, interpersonal, organizational, planning, decision making, negotiation and problem solving skills.
  • · Proficient in MS Office Suite to include, Word, Outlook, Excel, Project and PowerPoint.


Development Manager for Multifamily – LIHTC Rewards – If you qualify for this opportunity, the company will offer the below:

  • · Great compensation package based on experience
  • · Bonus potential
  • · Comprehensive benefits package
  • · Growth potential…the company is rapidly growing and with that comes opportunity for long-term career growth.


Responsibilities for Development Manager for Multifamily – LIHTC will:

  • · Identify and evaluate land sites, purchase contract negotiations and rezoning / entitlements.
  • · Generate a pipeline of profitable deals.
  • · Determine market and financial feasibility for new real estate development and investment opportunities.
  • · Manage all aspects of financial transactions from initial underwriting, securing equity and debt financing through final funding and closing.
  • · Identify and underwrite new development opportunities.
  • · Ensure all documents are in compliance with the LIHTC program requirements and annual Qualified Allocation Plan.
  • · Prepare deal packages for potential equity and debt investors while evaluating financial terms.
  • · Review legal documents for consistency with previous agreements and current deals.
  • · Identify and build effective relationships with local, state and federal entities for projects.


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How to apply:

Please send resume as an attachment to


Know someone you think would be a great fit?

We pay $500 for any names that result in a hire. Rest assured, we keep referral sources confidential unless directed otherwise. Please send referrals to Carolyn McClendon at .