[Remote] LIHTC Transaction Structuring, Assistant Director
Note: The job is a remote job and is open to candidates in USA. Enterprise Community Partners is a national nonprofit dedicated to making a good home possible for families without one. The Assistant Director, LIHTC Structuring Services will ensure the accuracy and integrity of how the organization structures its Low-Income Housing Tax Credit investments, collaborating with various departments and external partners.ResponsibilitiesReview and refine financial models to ensure alignment with Enterprise modeling standards and tax lawSupport underwriters and analysts by developing specialized model schedules, including those related to effective interest, OID, and other tax structuring conventionsAssist the LIHTC Structuring Services team in monitoring and interpreting new LIHTC legislation, regulations, and IRS guidance; update internal structuring guidelines and best practices accordingly, and proactively share relevant knowledge and insights with the Housing Credit Investments (HCI) team to ensure organization-wide alignmentPartner with Finance and Investor Relations to provide accurate, investor-ready financial information and return analysesEnsure consistency between project-level financial data and investor-facing financial modelsAssist with initial equity funding at transaction closingsReview post-closing documentation—including Form 8609s, cost certifications, lease-up schedules, and tax returns—to update financial modelsParticipate in tax credit adjuster calculations and provide final review as neededImplement model updates reflecting tax credit adjusters and structural changesContribute to the training and onboarding of new analysts and underwritersWork cross-functionally on special projects requiring tax and structuring expertiseCoordinate with external counsel on transaction closing schedules and structuring considerationsSupport Asset Management in evaluating the impact of post-closing structural or financial changesServe as a key feedback resource for both initial deal structuring and post-closing modificationsSkillsBachelor's degree in Business, Accounting, Finance, or related field (Master's preferred), with required experience in Tax Law or a degree/specialization in Tax Accounting7-10+ years of experience with LIHTC; familiarity with other federal tax credit programs (historic, solar, new markets) and state credit programs a plusExtensive experience addressing complex tax structuring issues in LIHTC transactions5–7+ years of advanced Excel experience, including modeling for tax-incentivized real estate dealsKnowledge of real estate ownership structures and entity classificationsGeneral understanding of accounting treatment for construction costsFamiliarity with Microsoft Word and PowerPointStrong communication and interpersonal skills; comfortable working across multiple departmentsHigh attention to detail, ability to work independently, and confidence navigating fast-paced, deadline-driven workflowsWillingness to participate as a presenter in team or company training sessionsBenefitsAnnual performance bonusesGenerous paid leave programsDental, health, and vision care plansFamily-building benefits such as adoption and surrogacy supportFlexible work arrangements to promote work-life balanceHealth advocacyEmployee Assistance Program (EAP)Mental health benefitsFinancial educationWellness programsAuto-enrollment in the company’s 401(k) plan with employer matching contributionsLearning and development opportunities, including tuition reimbursement for job-related courses and certificationsCompany OverviewEnterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one. It was founded in 1982, and is headquartered in Baltimore, Maryland, USA, with a workforce of 1001-5000 employees. Its website is https://www.enterprisecommunity.org/.Company H1B SponsorshipEnterprise Community Partners has a track record of offering H1B sponsorships, with 1 in 2024, 1 in 2021. Please note that this does not guarantee sponsorship for this specific role.