Job Description Summary
Enterprise Housing Credit Investments is seeking an experienced individual with low-income housing tax credit (LIHTC) experience to assist with managing investor relationships and assisting with the property due diligence and closing process for low-income housing tax credit fund investments. Extensive knowledge of LIHTC along with strong real estate financial analysis and underwriting skills is required
***We have one opening which can be located in Columbia, MD, Chicago IL, Los Angeles, CA, New York, NY, Portland, OR, or any of the other Enterprise Office locations.
Company
Enterprise
Various locations
Responsibilities
- Manage various investor relationships, with a focus on investors in the multi-investor funds.
- Prepare, review, and coordinate project summary information in investor-required format for projects that are in various stages of underwriting using all information available for accurate and appropriate disclosure of business terms and investment strengths, risks, and mitigants.
- Assist with the property template data collection process, with a focus on ensuring data integrity and consistency.
- Coordinate with project Underwriters and/or Originators to respond to investors’ property-related questions and requests.
- Coordinate with the Acquisitions team to ensure financial projections are prepared in accordance with proprietary investors’ requirements.
- Assist in managing other investor relationships, including preparation of investor pipeline reports and templates.
- Assist with the management of investor due diligence and fund closing processes, including working with Legal, Underwriting, Credit and other internal or external stakeholders.
- Recommend and implement process improvements.
- Assist with other Investor Relations priorities as requested (e.g., Asset Management, Acquisitions, assistance to other lines of business, etc.)
- Participate in and contribute to group meetings and discussions.
Qualifications
- Bachelor’s degree in Business, Accounting or Finance, or related field required.
- 3-5+ years of experience in real estate finance, underwriting affordable housing in the LIHTC program, multi-family housing market dynamics in both urban and suburban areas, and familiarity with industry policies, issues, and programs.
- Experience in closing real estate transactions preferred.
- Extensive Excel modeling skills required. Proficient knowledge of MS Word, Power Point and Salesforce a plus.
- Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines.
- Must be highly motivated, be able to work independently, solve problems and possess strong written and oral communication skills.
- Must demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member.
- Ability to maintain big picture focus while attending to detailed work and providing thorough documentation.
- Demonstrated ability to work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines.
- Interest in working for a mission-driven organization committed to diversity, equity and inclusion.
Program / Center Affiliation
Job Type
Full-Time