Enterprise Community Partners · 1 day ago
Underwriter, LIHTC Acquisitions
United States
Full-time
Remote
Mid, Senior Level
$120K/yr - $130K/yr
3+ years expEnterprise Community Investment is a national nonprofit focused on making housing accessible for families in need. They are seeking an experienced Underwriter for LIHTC Acquisitions to underwrite low-income housing tax credit investments, requiring extensive knowledge of LIHTC and strong financial analysis skills.
Non ProfitSocial MediaGovernmentLendingCharityCommunities
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 each transaction, obtain due diligence materials from the client, conduct site visits as needed, review project loan documents and the LP agreement for material business terms, participate with the originator in conference calls with customers, and 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 the originator and director of underwriting regarding deal underwriting progress, including process checklist review, due diligence review, transaction timing, issue identification, and 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 complete and organize closed deal files for transition to Asset Management
Assist with other Syndication priorities as requested (e.g., asset management, investor relations, and assistance to other lines of business)
Participate in and contribute to group meetings and discussions
Perform other duties as assigned
Qualification
Required
Bachelor's degree in Business, Accounting, Finance, or a related field required; master's degree preferred
3–5+ years of experience in real estate finance, affordable housing, and/or the Low-Income Housing Tax Credit (LIHTC) program, including familiarity with apartment market dynamics in both urban and suburban areas and relevant industry policies, issues, and programs
Extensive knowledge of LIHTC required
Strong financial analysis skills required, including advanced Excel modeling capabilities
Ability to manage multiple tasks effectively under significant time pressure and meet closing deadlines
Strong organizational skills, with the ability to coordinate complex activities, prioritize competing demands, and meet deadlines
Ability to maintain a big-picture perspective while attending closely to detail and producing thorough documentation
Demonstrated ability to work productively and accurately in a fast-paced environment while managing multiple projects and stringent deadlines
Strong writing and editing skills needed to produce correspondence and reports
Demonstrated verbal communication and interpersonal skills to represent the company effectively to all parties
Proficiency in Microsoft Word required; PowerPoint proficiency a plus
Highly motivated, with the ability to work independently, solve problems effectively, and communicate clearly in writing and verbally
Demonstrated professionalism, diplomacy, composure, flexibility, and adaptability in a variety of situations
Expected to demonstrate strong ethics in interpersonal relationships and to work effectively as a collaborative team member
Ability to work evening and weekend hours during peak periods
Preferred
Experience closing real estate transactions highly preferred
Benefits
Dental, health, and vision care plans
Family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care
Flexible work arrangements
Health advocacy, EAP, and 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
100%
Represents job field similar to this job
Accounting and Finance
Trends of Total Sponsorships
*2024 (1)
2021 (1)
Funding
Current Stage
Late StageTotal Funding
$4.72MKey Investors
Truist FoundationThe T.D. Jakes Foundation,Wells FargoCommunity Development Financial Institutions Fund
2025-01-14Grant· $0.01M
2024-02-14Grant
2024-02-07Grant· $1M
Leadership Team
Neill Coleman
Chief External Affairs Officer
Recent News
capital-riesgo.es
2026-07-11
ImpactAlpha
2026-07-03
2026-06-04
Company data provided by crunchbase