Community Investments Senior Analyst, LIHTC Acquisitions
Location: Burlington, VT
Requisition ID: 1041
About the Employer
Evernorth works with partners to connect underserved communities in the northern New England region with capital and expertise to advance projects and policies that create more inclusive places to live. Our vision is that people in every community have an affordable place to live and opportunities to thrive.
Role Summary
The Community Investments Senior Analyst, LIHTC Acquisitions supports the Community Investments Low Income Housing Credit (LIHTC) Acquisitions team in making affordable housing investments through investment selection, structuring, approval, and construction loan closing. The position collaborates with the Community Investments team and Evernorth staff to analyze and support the closing of LIHTC investment opportunities. This position reports to the Director LIHTC Acquisitions.
What You'll Do
- Analyze and make recommendations on prospective investment opportunities including preliminary LIHTC project feasibility, market risks, community impacts and benefits, developer and sponsor strength, structural challenges, and financial return
- Collect, review, and research information and data presented in developer proformas, tax credit applications, appraisals, market studies, environmental reports, financial statements, and other materials
- Identify key issues, trends, risks, community impacts, and conformance with underwriting standards, market trends, and portfolio or industry benchmarks
- Propose or implement mitigating adjustments as necessary
- Review financing and regulatory documents in collaboration with Senior Community Investment Officers and Director LIHTC Acquisitions
- Work with the Director of LIHTC Acquisitions and Community Investment Officers to structure transactions and improve projects through problem-solving
- Prepare investment proposals for internal and committee review; attend investment committee meetings; firm offers, letters of intent; and legal intake packages
- Maintain and update project-related information in the Evernorth database and pipeline
- Lead matrixes, proformas, spreadsheets, and reports for underwriting, Capital and Asset Management, and investors
- Provide technical expertise to support, maintain, and update proforma templates
- Participate in ongoing education in financial modeling, LIHTC, and other areas relevant to Evernorth's business
- Travel within New England and to national events; may attend events outside traditional office hours
- Maintain high standards of confidentiality and professionalism
- Uphold corporate principles of respect, service, value, and partnership
- Carry out other duties as assigned
Required Qualifications
- Bachelor's degree
- Valid driver's license
- Three to five years of experience in multi-family, affordable housing, community development, economic development, or real estate financing
- Experience with complex financial modeling and proven problem-solving skills
- Ability to work semi-independently with minimal oversight
- Experience managing internal and external customer relationships
- Proficient in Microsoft Office 365 and SharePoint, with expertise in Word, Teams, Outlook, and advanced Excel
- Strong written and verbal communication, active listening, and reading comprehension skills
- Ability to collaborate effectively across diverse teams and locations
- Skilled in managing tasks under time constraints and balancing multiple priorities and deadlines while maintaining attention to detail
- Strong organizational, analytical, problem-solving, math, and financial analysis skills
- Ability to prioritize effectively in a dynamic, fast-paced environment
- Focused, flexible, and able to work independently or collaboratively on common tasks
- Commitment to Evernorth's mission and community impact
- Eager to expand knowledge in affordable housing and community development within a mission-driven nonprofit organization
Preferred Qualifications
- Graduate degree
- Training in affordable housing, project management, community development, real estate, finance, or related discipline
- Knowledge or interest in affordable housing, community development, construction finance, real estate, business lending, LIHTC, or other federal financing programs
Physical Requirements & Working Conditions
The noise level in the office work environment is usually quiet. This position requires periods of sitting, standing, walking, stooping, and bending. Ability to reach hands and arms and talk and hear is required. Specific vision abilities required by this job include close, distance and peripheral vision, depth perception, and ability to adjust focus. This position requires substantial typing, reading, and writing emails, and other related computer work. The employee is regularly required to use hands and fingers. May require driving to meetings and offsite locations in personal cars. May require lifting to 20 pounds. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
Compensation
$65,000–$90,000 annually
How to Apply
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