LIHTC Underwriter Associate jobs in United States
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Advantage Capital · 3 months ago

LIHTC Underwriter Associate

Advantage Capital is a company focused on Low Income Housing Tax Credit equity investments and debt products. They are seeking a LIHTC Underwriter Associate who will underwrite financial modeling for credit approval, manage risks associated with LIHTC investments, and drive the closing process with clients while ensuring compliance with various agreements.

Business DevelopmentFinancial ExchangesFinancial ServicesImpact InvestingVenture Capital
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Growth Opportunities
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H1B Sponsor Likelynote

Responsibilities

Underwrite real estate/LIHTC financial modeling to facilitate Credit approval
Properly identify key risks and mitigants for new construction and acquisition / rehab properties utilizing the LIHTC program
Working knowledge of nuances of state and federal LIHTC programs
Strong understanding of operating agreements and limited partnership agreements
Drive the closing process with the client, utilizing closing checklists to identify and monitor progress of items required to close and responsible parties
Identify items and conditions to be satisfied for closing and reviewing due diligence for the transaction
Display high level proficiency in reviewing documentation to ensure accurate representation of business terms and conformity to approvals
Consistently provide superior service to clients while maintaining risk management procedures and controls
Clearly and immediately communicate problems/ issues and elevate appropriately
Provide accountability for clear and timely communication of deal progress to internal and external stakeholders

Qualification

LIHTC underwriting experienceFinancial modelingLIHTC programsRisk management experienceGovernment programs knowledgeMS Office proficiencyCustomer focusDetail orientedProblem solvingTime managementWritten communication

Required

Bachelor's Degree in Business Administration, Finance, Urban Planning/Real Estate, or Engineering or sufficient experience
Strong knowledge of federal and state LIHTC programs
Strong knowledge of government programs for affordable housing and community reinvestment; experience with not-for-profit real estate development and sensitivity to local community needs
Minimum 3 years of experience in Low Income Housing Tax Credit and Community Lending industry with underwriting and/or risk management experience
Strong communication skills both written and verbal
Attention to detail
Advanced proficiency in MS Office suite (Excel, Word, PowerPoint), and Salesforce

Preferred

5+ years' experience underwriting, originating, or closing community development loans and/or equity investments

Company

Advantage Capital

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Advantage Capital has invested over $3.8 billion in more than 800 portfolio companies and projects nationwide since 1992.

H1B Sponsorship

Advantage Capital has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (4)
2023 (1)

Funding

Current Stage
Growth Stage
Total Funding
$77M
Key Investors
Citi
2014-05-22Debt Financing· $77M

Leadership Team

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Franchesca Lorio
CFO & Managing Director
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Cara M. Schiffman
Senior Vice President
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Company data provided by crunchbase