LIHTC Development Manager
Locations: Madison, WI; Philadelphia, PA; Remote, IL; Milwaukee, WI; Houston, TX; Austin, TX; Minneapolis, MN
Employment Type: Full-time
Requisition ID: JR104512
About the Employer
Baker Tilly is a leading advisory, tax and assurance firm providing clients with coast-to-coast and global advantage in major regions of the U.S. and in many of the world's leading financial centers. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion.
Baker Tilly's Housing practice has a deep understanding of complex real estate transactions, a passion for supporting the mission of community stakeholders, and a commitment to the financial and operational health of clients' organizations. The firm serves housing developers, property owners, property managers, state housing credit agencies, public housing authorities, syndicators and investors across the United States. In the past 24 months, Baker Tilly has closed affordable housing deals totaling $626 million of equity from LIHTC and $29 million of historic tax credits; been involved in the review and/or direct completion of more than 10 percent of Rental Assistance Demonstration (RAD) applications; and closed RAD transactions totaling 1,250 units and $149 million in development costs.
Role Summary
Join Baker Tilly's Development & Community Advisory team as a Manager delivering industry-focused financial consulting services to developers and other stakeholders of multi-family housing. You will work side-by-side with firm leadership to serve clients and build the business, having a direct impact on the firm's success. This role offers upward career trajectory, flexibility in how and where you get your work done, and meaningful relationships with clients, teammates and leadership.
What You'll Do
- Manage relationships with various stakeholders, including clients, staff and various entities involved in transactions
- Structure transactions and develop financial models
- Assist in securing financing and equity sources for transactions and negotiate surrounding these sources
- Assist in writing, editing and organizing work product, including client reports and funding applications
- Assist with acquisition, preservation, disposition and recapitalization strategies for real estate portfolios
- Assist with various aspects of transactions involving low-income housing tax credits including preparing relevant application materials and structuring the credits
- Assist with the management and development of staff
- Provide support in developing presentations, responses to requests for proposals, pitch books and proposals for the team
- Research industry and technical issues, compile data, and present findings
- Provide general consulting to assist clients in achieving their objectives
Required Qualifications
- Minimum of five (5) years of low-income housing tax credit experience, which may include underwriting, modeling, developing, consulting or other similar work
- Tax credit application experience required in at least one of the following states: Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Tennessee
- Understanding of real estate financials and operating performance
- Demonstrated analytical, organizational, interpersonal, project management, and communication skills
- Highly developed Microsoft Suite skills (Word, Excel)
- Ability to provide exceptional client service and demonstrate commitment to continuous learning to stay current regarding applicable strategies
Preferred Qualifications
- Tax credit application experience in two or more of the following states: Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Tennessee
Compensation
$59,400–$236,800. Actual compensation is influenced by a variety of relevant factors including but not limited to applicant's skills, prior experience, qualifications, degrees, professional certifications, work arrangements and geographic location.
Benefits
Baker Tilly offers a comprehensive compensation and benefits package to eligible employees.
Additional Information
Please discuss the work location status with your Baker Tilly talent acquisition professional to understand the requirements for an opportunity you are exploring.
Equal Opportunity Statement
Baker Tilly is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, gender identity, sexual orientation, or any other legally protected basis, in accordance with applicable federal, state or local law.