ZipRecruiter

Log In

1

Lihtc Underwriter Jobs (NOW HIRING)

KM Partners

The primary focus is to assist the Acquisitions staff in analyzing, underwriting, and closing LIHTC investments. Utilize your Real Estate knowledge, take initiative, and enjoy autonomy in supporting ...

The Bank of Missouri

LIHTC Loan Officer

Perryville, MO · On-site +1

LIHTC loan underwriting for credit quality through the review of financial statements, business plans, public information databases, and background searches * Manage large loan relationships, with ...

Novoco

LIHTC Development Consultant

Long Beach, CA · On-site +1

$113K - $153K/yr

Evaluate underwriting assumptions, risks, and structuring alternatives. * Support client pipeline planning and long-term LIHTC strategy. Application & Allocation Leadership * Direct preparation and ...

Novoco

$94K - $127K/yr

Evaluate underwriting assumptions, risks, and structuring alternatives. * Support client pipeline planning and long-term LIHTC strategy. Application & Allocation Leadership * Direct preparation and ...

next page

Showing results 1-20

All JobsLihtc Underwriter Jobs

Lihtc Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do lihtc underwriter jobs pay per year?

As of Jul 26, 2026, the average yearly pay for lihtc underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What are the most common challenges faced by LIHTC Underwriters when evaluating affordable housing projects?

LIHTC Underwriters often encounter challenges such as navigating complex compliance requirements, analyzing layered financing structures, and ensuring long-term project feasibility. They must thoroughly assess project pro formas, tax credit allocations, and regulatory agreements, all while balancing risk and maximizing value for stakeholders. Collaboration with developers, legal teams, and government agencies is essential to resolve gaps or uncertainties in documentation and to address changes in market conditions or funding sources.

What is a LIHTC Underwriter?

A LIHTC Underwriter is a finance professional who evaluates and analyzes affordable housing projects seeking funding through the Low-Income Housing Tax Credit (LIHTC) program. Their main responsibility is to assess the financial feasibility, compliance, and risk of proposed developments to ensure they meet LIHTC guidelines and investor requirements. They review project budgets, pro formas, market studies, and legal documents to make informed recommendations regarding funding or investment. LIHTC Underwriters play a crucial role in facilitating the creation of affordable housing by supporting sound investment decisions.

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

To thrive as a LIHTC Underwriter, you need a strong background in real estate finance, affordable housing regulations, and financial modeling, typically supported by a bachelor’s degree in finance, real estate, or a related field. Proficiency with underwriting software, Excel, and familiarity with Low-Income Housing Tax Credit (LIHTC) compliance systems are essential. Strong analytical thinking, attention to detail, and effective communication skills set top candidates apart in this role. These skills are crucial for accurately evaluating project viability, ensuring regulatory compliance, and facilitating successful affordable housing development.

What is the difference between Lihtc Underwriter vs Loan Underwriter?

AspectLihtc UnderwriterLoan Underwriter
CredentialsTypically requires finance, real estate, or related certifications; familiarity with LIHTC programsRequires mortgage or loan processing certifications; knowledge of lending regulations
Work EnvironmentPrimarily in affordable housing and real estate development sectorsBanking, mortgage companies, or financial institutions
Employer & IndustryNonprofits, government agencies, real estate developersCommercial banks, mortgage lenders, financial services
Comparison FocusSpecializes in affordable housing tax credit projectsFocuses on general loan approval processes

While both roles involve evaluating financial documents, a Lihtc Underwriter specializes in assessing applications for affordable housing projects utilizing LIHTC programs, whereas a Loan Underwriter handles a broader range of loan types across financial institutions. The key difference lies in industry focus and specific expertise required for each role.

More about Lihtc Underwriter jobs
What cities are hiring for Lihtc Underwriter jobs? Cities with the most Lihtc Underwriter job openings:
What states have the most Lihtc Underwriter jobs? States with the most job openings for Lihtc Underwriter jobs include:
What job categories do people searching Lihtc Underwriter jobs look for? The top searched job categories for Lihtc Underwriter jobs are:
Lihtc Underwriter jobs near you
Infographic showing various Lihtc Underwriter job openings in the United States as of July 2026, with employment types broken down into 100% Full Time. Highlights an 78% In-person, and 22% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.
LIHTC Underwriter, Asset Management

LIHTC Underwriter, Asset Management

Enterprise Community Partners

Washington, DC • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 3 days ago

Job description

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $92.0 billion and created 1.1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands - all to make home and community places of pride, power and belonging.
Join us at enterprisecommunity.org
Working at Enterprise
At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.
Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.
Job Description Summary
This role is responsible for managing LIHTC investments after closing through stabilization and conversion, serving as the primary point of contact for project sponsors while monitoring construction progress, lease-up, risks, funding conditions, and project performance. The position also underwrites post-closing transaction changes, conducts financial and risk analysis, coordinates investor approvals, and works closely with asset management, acquisitions, credit, investor relations, and development teams.
Candidates should have 3-5+ years of LIHTC and affordable housing experience, strong real estate finance and underwriting skills, advanced Excel modeling capabilities, and the ability to manage multiple transactions, deadlines, and stakeholder relationships in a fast-paced environment. The role combines project management, asset management, underwriting, customer relationship management, and transaction oversight.
Job Description
Responsibilities:
  • Post-closing to Stabilization/Conversion Project Management for assigned projects with multi-investor funds.
    • Prior to fund admission, gain basic familiarity with projects within assigned funds, preparing for atypical project needs post-closing.
    • Monitor DRM assessment of construction risk, understanding delays, cost overages, and material deviations from the closing expectation.
    • Monitor DEM assessment of payment timing and collection of A1 conditions/deliverables with specific attention to key items such as lease-up and tenant file review, cost certification concerns, adjusters, and meeting the Stabilization Test.
    • Evaluate effect of delays, changes, costs, and/or material changes on the overall risk profile of the project, making recommendations and coordinating among pre-stabilized teams.
    • Serve as a consistent point of contact for project sponsors as the project transitions from closing, through construction, lease-up, payments, and conversion. Support and remain informed about pre-stabilized teams' communications, coordinating and elevating as needed to ensure responsiveness.
    • Serve as the Lead for all Post-Closing Events on assigned projects.
    • For certain high-risk projects, prepare and present Property Overviews for quarterly project performance reviews.
  • Underwrite post-closing changes to 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.
    • Tax credit documentation analysis.
    • Obtain due diligence materials from clients.
    • Review project loan documents and LP agreements for material business terms.
    • Participate in conference calls with customers.
    • Prepare and present requests for investors and internal approvals, including narrative descriptions, charts, graphs, and tables illustrating pertinent aspects of proposed investments.
    • Communicate and manage customer expectations throughout the analysis process using a positive and proactive approach.
    • Provide regular communication regarding post-closing changes, due diligence review, transaction timing, and issue identification.
    • Assist with and attend deal closings.
    • Complete, organize, upload, and maintain files for Asset Management access and record retention.
  • Remain current with closing underwriting guidelines and practices.
  • Assist with other Asset Management priorities as requested (e.g., Acquisitions, Credit, Investor Relations, and other lines of business).
  • Participate in and contribute to group meetings and discussions.
  • Perform other duties as assigned.

Qualifications:
  • Bachelor's degree in Business, Accounting, Finance, or related field required; Master's degree preferred.
  • 3-5+ years of experience in real estate finance, affordable housing, and/or LIHTC programs.
  • Knowledge of apartment market dynamics in both urban and suburban areas.
  • Familiarity with industry policies, issues, and programs.
  • Extensive knowledge of LIHTC.
  • Experience closing real estate transactions.
  • Strong financial analysis skills.
  • Ability to manage multiple tasks effectively under significant time pressure and meet closing deadlines.
  • Extensive Excel modeling skills required.
  • Proficiency in Microsoft Word and PowerPoint preferred.
  • Strong writing and editing skills.
  • Prior management experience.
  • Strong verbal communication and interpersonal skills.
  • Professionalism, diplomacy, composure, flexibility, and adaptability.
  • Strong organizational skills with the ability to coordinate complex activities, prioritize competing demands, and meet deadlines.
  • Self-motivated with the ability to work independently and solve problems.
  • Strong written and oral communication skills.
  • Demonstrated ethics, collaboration, and teamwork.
  • Ability to maintain a big-picture perspective while handling detailed work and documentation.
  • 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.

Salary Transparency
You will be joining a team of talented professionals motivated by serving the community and addressing the need for affordable housing.
Enterprise offers a comprehensive total rewards package for you and your family. The pay range for this position is $100,000 - $130,000. The salary range represents the low and high end of what may be paid for this position. It is not typical for an individual to be hired at or near the top of the pay range, and compensation decisions may be influenced by a variety of factors, including skills, qualifications, experience, and location.
Total Rewards at Enterprise
This range is just one component of our total rewards package, which also includes annual performance bonuses and generous paid leave programs.
Our benefits form a major part of the total rewards package. These include dental, health, and vision care plans, as well as family-building benefits such as adoption and surrogacy support. Enterprise supports flexible work arrangements to promote work-life balance and offers health advocacy, an Employee Assistance Program (EAP), and mental health benefits. We round out our package with financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions.
Finally, you will have access to learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team and contributing to our mission to serve others.
#LI-JW1 #ID

Apply