Financial and Development Analyst – LIHTC – Austin, TX

ISC Real Estate Development & Construction Recruiting team is partnering with a thriving Real Estate Development & Construction Company to recruit candidates for a Financial & Development Analyst for LIHTC in Austin, TX.

Requirements for Financial & Development Analyst – LIHTC – Do you have the following:

• Bachelor’s degree in Business, Finance, Accounting or related discipline. MBA preferred.
10 years of experience in real estate finance, Low Income Housing Tax Credit (LIHTC) and market rate transactions and closings.
• Must have strong financial analysis skills.
Experience in completing and submitting a Texas LIHTC application and closing a LIHTC project.
• Ability to comprehend, analyze, and interpret business and legal documents.
• General understanding of real estate development.
• Self-driven, excellent communications both verbal and written, interpersonal, organizational, planning, decision making, and problem solving skills.
• Excellent quantitative and analytical skills.
• Proficient in MS Office Suite to include, Word, Outlook, Excel, Project and PowerPoint.

Financial & Development Analyst – LIHTC Rewards – If you qualify for this opportunity, the company will offer the below:

• Annual base salary – $80-$110K
• Bonus potential
• Comprehensive benefits package
• Growth potential…the company is rapidly growing and with that comes opportunity for long-term career growth.

Responsibilities for the Financial & Development Analyst – LIHTC will:

• 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.
• Assist with preparation of financial and competitive sourcing and TDHCA pre-application documents for prospective deals.
• Manage the assembly of LIHTC applications and RFPs.
• 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.
• Work with local housing authorities on HUD Development Proposals for ACC Contracts.
• Ensure TDHCA and HUD compliance deadlines are met during predevelopment, construction and stabilization phase of the project including carryover allocations, construction submittals, cost certifications, and final allocation applications.

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