Tax Credit Officer I - II (Housing) jobs in United States
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Colorado Housing and Finance Authority · 1 month ago

Tax Credit Officer I - II (Housing)

Colorado Housing and Finance Authority is focused on community development and affordable housing initiatives. The Housing Tax Credit Officer will evaluate multifamily housing project proposals for eligibility and feasibility, provide technical assistance to applicants, and present recommendations for project approvals.

FinanceFinancial ServicesNon Profit

Responsibilities

Underwrite multi-family rental housing transactions in accordance with established policies and procedures and assess such areas as current rental housing market conditions, project development team, financial structure, rental income and operating expenses and projections, and project development budget, adjust tax credit award amount based on industry standards and program requirements as appropriate; Perform these functions with a high level of independence
Present proposed projects and make Housing Credit allocation recommendations to the CHFA Tax Credit Allocation Committee
Collaborate with and support the Program Administrator and Tax Credit staff in reviewing applications from the preliminary application stage to final allocation
Present updates and action items to CHFA’s Board of Directors as needed
Public speaking at groundbreaking and grand opening events, conferences, workshops, webinars, and other venues
Serve as a resource and technical expert for project sponsors, lending partners, investors, and other professionals on affordable housing matters at conferences, meetings, and one-on-one interactions
Maintain a thorough knowledge of the Housing Credit program; and
Oversight of other projects as assigned
Other duties as assigned

Qualification

Low Income Housing Tax CreditReal estate lending principlesFinancial feasibilityPublic speakingMarket analysisSite analysisProject managementCustomer serviceAnalytical skillsExcelWordPowerPointVideo meeting technologyNegotiationOrganizational skillsCommunication skills

Required

Strong knowledge of real estate lending and underwriting principles that incorporate some of the following: financial feasibility, market analysis, and site analysis
High level of competence in public speaking
High level of initiative and ability to work independently
Excellent organizational and analytical skills
Proficient in the use of PC based applications, including, but not limited to, Excel, Word, video meeting technology, and PowerPoint
Project management skills that will effectively facilitate coordination of the application and approval process
Strong skillset in communicating both orally and in writing in a positive, diplomatic, and friendly manner
Strong ability to negotiate issues and resolve problems
Strong customer service skills
Ability to establish rapport with persons of diverse ethnic, racial, and cultural backgrounds
Requires in-depth experience in the Section 42 Low Income Housing Tax Credit program as well as knowledge of multifamily real estate lending principles that incorporate financial feasibility, market assessment, and site analysis
Requires a Bachelor's Degree in Business Administration, Marketing, Finance, Planning, or a related field, or equivalent experience
Requires between 1 and 5 years of work experience in a position that incorporates some or all of the following: loan underwriting, market analysis, and financial feasibility, with an emphasis in housing or a housing-related field

Benefits

Comprehensive medical, dental, and vision insurance plans, with very low rates
Generous Paid Time Off, including paid volunteer time, and leave programs

Company

Colorado Housing and Finance Authority

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Colorado Housing and Finance Authority offers financial resources to strengthen homeownership, affordable rental housing, and businesses.

Funding

Current Stage
Growth Stage
Total Funding
$4.5M
Key Investors
Community Development Financial Institutions Fund
2024-10-23Grant· $4.5M

Leadership Team

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Cris White
CEO
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Patricia Hippe
CFO
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