National Equity Fund, Inc. · 1 day ago
Originator (West Region)
Portland, OR
Full-time
Onsite
Senior Level
5+ years expNational Equity Fund, Inc. (NEF) is a leading non-profit syndicator of low-income housing tax credits (LIHTC), seeking an Originator to conduct a wide range of new business initiatives. The role involves originating LIHTC investments, managing production workload, and structuring transactions to ensure long-term project viability while collaborating across departments.
ConsultingFinancial ServicesProperty ManagementReal Estate Investment
Responsibilities
Secure Low Income Housing Tax Credit (LIHTC) investments in the designated region at levels as established by the Regional Managing Director and Chief of Production
Work closely with investor relations and capital markets colleagues to successfully identify and secure investor interest in LIHTC transactions
Responsible for NEF marketing efforts in the designated region in collaboration with Regional Managing Director. Maintain existing and establish new relationships with non-profit and for-profit low-income housing developers, funders, lenders, and state allocating agencies in designated markets
Possess strong knowledge of complex real estate underwriting, Section 42 requirements, various state tax credits, Historic Tax Credits, energy credits, project-based rental subsidies and vouchers, and relevant tax topics and issues including minimum gain and grant structures
Structure LIHTC transactions according to NEF established underwriting guidelines and pricing parameters. Work through credit issues with the Regional Managing Director. Must be able to analyze a project’s income structure, operating expenses, debt service requirements, market studies and a developer’s financial and development capacity
Establish fluency with respect to the NEF investment proforma and underwriting model, including an understanding of investment fund parameters and requirements
Work and coordinate with NEF staff in other departments (including but not limited to Project Management, Asset Management, Asset Operations, and Accounting) in managing and resolving project level issues in the designated geography
NEF originators must have the ability to effectively manage and leverage affiliate stakeholder relationships in the designated region. This may include participation in affiliate or partner meetings or providing trainings for affiliate or partner staff and their clients
Mentor and provide guidance to the Originations Analysts to transfer knowledge and best practices to encourage professional development and growth
Other duties and special projects as assigned by the Regional Managing Director
Qualification
Required
Undergraduate or graduate degree in business, economics, urban planning or finance
Minimum of 5 years' experience in underwriting and structuring LIHTC projects
Ability to work independently and effectively on numerous projects at the same time
Strong analytical skills and proficiency in Microsoft Office programs, including Excel and Word and other relevant applications
Strong communication and presentation skills, both written and verbal
Possess excellent customer service skills and conducts oneself with utmost professionalism with colleagues and with external stakeholders
Ability to explain complex financing structures to developers, stakeholders, funders, and other related audiences
Benefits
Comprehensive benefits package
Company
National Equity Fund, Inc.
National Equity Fund, Inc.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Matthew Reilein
President and CEO
Recent News
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