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Lihtc Development Analyst Jobs in Ohio (NOW HIRING)

LIHTC Development Consultant

Cleveland, OH · On-site +1

$96K - $129K/yr

Engage in and advise on LIHTC development strategy, feasibility analysis, and capital stack structuring. * Serve as an advisor on 9% and 4% LIHTC transactions. * Evaluate underwriting assumptions ...

The Development Analyst supports affordable housing and Low-Income Housing Tax Credit (LIHTC) transactions throughout the development period, beginning when a property is under contract and/or a ...

The Development Analyst supports affordable housing and Low-Income Housing Tax Credit (LIHTC) transactions throughout the development period, beginning when a property is under contract and/or a ...

... analysis; lead tours of property, showing vacant units and marketing property amenities as needed ... the development and implementation of resident services programming; • Oversee property ...

... LIHTC/subsidized properties to gather property specific information and general market conditions. * Gather and analyze information on new developments in the area by speaking to developers ...

... analysis; lead tours of property, showing vacant units and marketing property amenities as needed ... with the development and implementation of resident services programming; Oversee property ...

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Lihtc Development Analyst information

What is a LIHTC Development Analyst?

LIHTC Development Analysts are professionals who specialize in the financial analysis and management of affordable housing projects that utilize the Low-Income Housing Tax Credit (LIHTC) program. They evaluate project feasibility, prepare funding applications, build financial models, and ensure compliance with federal and state regulations. Their work is critical for developers and organizations seeking to create and maintain affordable housing, as they guide projects from inception through completion and help maximize the benefits of tax credit allocations.

What are some common challenges faced by a LIHTC Development Analyst during the underwriting and application process?

As a LIHTC Development Analyst, one of the most common challenges is navigating the complex and evolving compliance requirements set by federal and state agencies. Analysts must ensure that all documentation, financial projections, and application materials are accurate and thoroughly vetted to avoid delays or denials. Coordinating with multiple stakeholders—such as developers, legal teams, and government agencies—can also be demanding, requiring strong communication and project management skills. Successfully managing tight deadlines and adapting to regulatory changes are crucial aspects of the role.

What are the key skills and qualifications needed to thrive as a LIHTC Development Analyst, and why are they important?

To thrive as a LIHTC Development Analyst, you need expertise in affordable housing finance, strong analytical abilities, and a solid understanding of Low-Income Housing Tax Credit (LIHTC) regulations, typically supported by a relevant degree in finance, real estate, or urban planning. Familiarity with financial modeling software, Excel, and LIHTC compliance systems is essential, as are certifications like HCCP (Housing Credit Certified Professional). Attention to detail, effective communication, and problem-solving abilities are crucial soft skills for collaborating with diverse stakeholders and managing complex projects. These skills and qualifications are vital to ensure accurate deal structuring, regulatory compliance, and successful delivery of affordable housing projects.

What is the difference between Lihtc Development Analyst vs Lihtc Project Coordinator?

AspectLihtc Development AnalystLihtc Project Coordinator
Required CredentialsBachelor's degree in finance, real estate, or related field; knowledge of LIHTC programsBachelor's degree; familiarity with LIHTC processes is a plus
Work EnvironmentAnalytical, research-focused, often in office settingsAdministrative, coordination tasks, often in office or on-site
Employer & Industry UsageReal estate development firms, non-profits, government agenciesDevelopment firms, property management companies, non-profits

The Lihtc Development Analyst primarily focuses on financial analysis, deal structuring, and evaluating LIHTC projects, while the Lihtc Project Coordinator handles project logistics, scheduling, and communication. Both roles require knowledge of LIHTC programs but differ in their core responsibilities and daily tasks.

What cities in Ohio are hiring for Lihtc Development Analyst jobs?

Cities in Ohio with the most Lihtc Development Analyst job openings:

Development Analyst

Cincinnati Metropolitan Housing Authority

Cincinnati, OH • On-site

Full-time

Posted 10 days ago


Job description

CMHA is seeking a Development Analyst to provide analytical, financial, and project management support for affordable housing and Low-Income Housing Tax Credit (LIHTC) development projects. The ideal candidate will be analytical, detail-oriented, proactive, and able to effectively manage multiple projects, priorities, and deadlines.

Key Responsibilities:
  • Underwrite multifamily real estate and affordable housing investment opportunities.
  • Conduct market research and analyze project feasibility.
  • Analyze LIHTC and other affordable housing programs and financing structures.
  • Assist with the acquisition, development, refinancing, and rehabilitation of affordable housing projects.
  • Assist with debt financing activities, including FHA financing.
  • Support preparation and submission of affordable housing funding applications.
  • Develop and maintain financial models, project budgets, and financial analyses.
  • Coordinate and monitor project due diligence, deliverables, and key milestones.
  • Review third-party reports and identify potential issues or areas requiring follow-up.
  • Assist with construction funding draw requests and monitor project expenditures against approved budgets.
  • Track funding approvals, disbursements, interest payments, and other financial deadlines.
  • Coordinate meetings and communicate project status with internal and external stakeholders.
  • Maintain accurate project records and documentation.
  • Provide timely, professional, and exceptional service to internal departments and external partners.
  • Demonstrate CMHA’s core values of Respect, Integrity, Accountability, Professionalism, Initiative, Creativity, Accuracy, Timeliness, and Quality in all aspects of the position.

Preferred Qualifications:
  • Bachelor’s degree in business, real estate, finance, economics, communications, or a related field.
  • One (1) to three (3) years of experience in real estate development, brokerage, affordable housing, finance, or a related field preferred.
  • Strong analytical, organizational, communication, and project management skills.
  • Proficiency in Microsoft Word and PowerPoint; advanced Excel skills preferred.
  • Experience with financial modeling, LIHTC, affordable housing, or real estate finance is a plus.

To view the full job description and explore other career opportunities at CMHA, please visit cintimha.com and click on the Employment tab to submit your application, resume, and salary requirements.
 
Equal Opportunity Employer/ Equal Housing Opportunities.