Multifamily Production Senior Associate
About the role
At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose. Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Do you have a passion for Affordable Housing? The Multifamily Targeted Affordable Housing Low Income Housing Tax Credits (LIHTC) Senior Manager is seeking a Senior Associate to join the team in McLean, VA and help lead Freddie Mac’s LIHTC equity transactions. The person will join the LIHTC Equity Team, which is responsible for sourcing and closing complex LIHTC equity financings for affordable housing. The Senior Associate will help the team with the origination, structuring and performing analysis of potential investments. Further, they will help build and maintain external relationships to allow Freddie Mac to successfully deploy LIHTC investment capital. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system. The LIHTC Equity team is responsible for sourcing, structuring, and closing complex equity financing solutions for investments in affordable housing through a network of LIHTC syndicators. A central theme across all our LIHTC Equity deals is an underlying mission to provide a source of liquidity, stability, and affordability to the affordable housing rental markets. Work collaboratively with the LIHTC Equity Credit, Legal, Capital Markets and Asset Management groups, providing clear deal analysis to ensure seamless executions.
Responsibilities
- Join the LIHTC Equity Team responsible for sourcing and closing complex LIHTC equity financings for affordable housing.
- Assist with origination, structuring, and performing analysis of potential investments.
- Build and maintain external relationships to enable Freddie Mac to deploy LIHTC investment capital.
- Work collaboratively with LIHTC Equity Credit, Legal, Capital Markets, and Asset Management groups, providing clear deal analysis to ensure seamless executions.
- Work directly with the Senior Manager to drive deals to successful close.
- Coordinate with internal stakeholders to ensure alignment and efficiency across business lines.
- Engage with syndicators, LIHTC sponsors, and other external parties to assess optimal, impactful investments.
- Identify and drive improvements for deal processes, reporting, and analysis through creative thinking.
- Take responsibility for deals and work with team analysts to ensure consistency and accuracy of deal-level data across reporting and systems.
Qualifications
- Bachelor’s Degree in Business, Real Estate, Economics, Finance, Urban Planning or related field.
- Multifamily finance experience required; LIHTC (finance and/or development) experience highly preferred.
- 2-3+ years of relevant experience.
- Proficiency in Microsoft Excel; familiarity with Copilot and/or other AI tools.
- Understanding of and familiarity with multifamily construction and development process.
Skills
- Knowledge of the LIHTC Equity, Affordable Housing, and Multifamily industry.
- Strong oral and written communication skills.
- Strong analytical