LIHTC Development Sr. Project Manager
LIHTC Leaders · Los Angeles, CA · 4 days ago
Project ManagementFull-time
Funding Applications and Loan Packaging
- Coordinate and prepare comprehensive funding proposals for local, state, and federal agencies, including responses to RFPs and RFQs.
- Develop and update proformas, budgets, and timelines to support funding applications.
- Prepare and submit loan packages for acquisition, development, and construction financing to relevant agencies, lenders, and investors.
Financial Structuring and Capital Strategy
- Design and structure financing for affordable housing projects, maintaining a database of key financial indicators to inform project estimates.
- Evaluate financing options (e.g., LIHTC, tax-exempt bonds, soft loans, grants) and recommend optimal capital stacks.
Budget Management and Financial Reporting
- Create and monitor project budgets, coordinating with Construction and Accounting teams on revisions.
- Support the production of monthly and quarterly financial reports, including cost vs. budget tracking, cash flow forecasting, and variance analyses.
- Interpret financial results for leadership and project teams.
Compliance and Process Improvement
- Ensure all financial activities comply with applicable regulations, lender requirements, and reporting standards.
- Afford assistance in standardizing financial models, streamlining data-collection workflows, and documenting best practices.