Enterprise Community Partners · 1 month ago
LIHTC Underwriter
United States
Full-time
Remote
Mid, Senior Level
$116K/yr - $130K/yr
3+ years expEnterprise Community Partners is a national nonprofit dedicated to making a good home possible for families without one. They are seeking an experienced LIHTC Underwriter to underwrite low-income housing tax credit investments, requiring extensive knowledge of LIHTC and strong financial analysis skills.
CharityCommunitiesGovernmentNon Profit
Responsibilities
Underwrite tax credit investments as assigned including completion of the following underwriting tasks: sponsorship analysis, market analysis, sources and uses and capital structure analysis, income and expense underwriting, and tax credit documentation analysis. As part of processing of each transaction, obtain due diligence materials from client, conduct site visits as needed, review project loan documents and LP agreement for material business terms, participate with the originator in conference calls with the customers, prepare and present requests for investment committee approval and investor review including narrative descriptions, charts, graphs and tables illustrating pertinent aspects of the proposed investment
Under the direction of the originator and director of underwriting, communicate and manage customer expectations through the underwriting process using a positive and proactive approach that will enable repeat origination opportunities
Provide regular communication to originator and director of underwriting regarding deal underwriting progress including process checklist review, due diligence review, transaction timing, and issue identification timely preparation and regular updates to the Transaction Summary format as required by the originator and the process checklist
Assist with and attend deal closings or other customer service coverage enhancement opportunities (if requested by the originator or director of underwriting) and help to complete and organize closed deal files for transition to Asset Management
Assist with other Syndication priorities as requested (e.g., asset management, investor relations, assistance to other lines of business)
Participate in and contribute to group meetings and discussions
Performs other duties as assigned
Qualification
Required
Bachelor's degree in Business, Accounting or Finance, or related field required
3-5+ years' experience real estate finance, affordable housing and/or LIHTC program, apartment market dynamics in both urban and suburban areas, and familiarity with industry policies, issues, and programs
Extensive knowledge of LIHTC and strong financial analysis skill is required
Ability to manage multiple tasks effectively under significant time pressure to meet closing deadlines
Extensive Excel modeling skills required
Proficient knowledge of MS Word and Power Point a plus
Strong writing /editing skills needed to produce correspondence and reports
Demonstrated verbal communication and interpersonal skills to represent company to all parties
Demonstrates professionalism, diplomacy and composure and is flexible and able to adapt to a variety of situations
Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines
Must be highly motivated, be able to work independently, solve problems and possess strong written and oral communication skills
Incumbent is expected to demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member
Ability to maintain big picture focus while attending to detailed work and providing thorough documentation
Demonstrated ability to work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines
Ability to work evening and weekend hours during peak periods
Preferred
Master's degree preferred
Experience in closing real estate transactions highly preferred
Benefits
Dental, health, and vision care plans
Family-building benefits, such as adoption and surrogacy support
Flexible work arrangements
Health advocacy
EAP
Mental health benefits
Financial education
Wellness programs
Auto-enrollment in the company's 401(k) plan with employer matching contributions
Learning and development opportunities, including tuition reimbursement for job-related courses and certifications
Company
Enterprise Community Partners
Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one.
1001-5000 employees
H1B Sponsorship
Enterprise Community Partners 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
2024 (1)
2021 (1)
Funding
Current Stage
Late StageTotal Funding
$4.72MKey Investors
Truist FoundationCommunity Development Financial Institutions Fund
2025-01-14Grant· $0.01M
2024-02-14Grant
2024-02-07Grant· $1M
Leadership Team
Drew Warshaw
Chief Operating Officer
Judi Kende
Senior Vice President & Chief Program Officer of Solutions
Recent News
2025-12-12
MarketScreener
2025-12-03
The Real Deal
2025-10-24
Company data provided by crunchbase