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.