LIHTC Underwriter, Asset Management

Job Description

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.

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.
• Able 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.
• Able to maintain a big-picture perspective while handling detailed work and documentation.
• Able to work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines.
• Able to work evening and weekend hours during peak periods.

Benefits

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 includes:

• Dental, health, and vision care plans.
• Family-building benefits such as adoption and surrogacy support.
• Flexible work arrangements to promote work-life balance.
• Health advocacy, an Employee Assistance Program (EAP), and mental health benefits.
• Financial education, wellness programs, and auto-enrollment in the company’s 401(k) plan with employer matching contributions.
• Learning and development opportunities, including tuition reimbursement for job-related courses and certifications.