Affordable Housing Finance Consultant
$74,000–$124,000 year
On-siteChicago, Illinois, United States or Boston, Massachusetts, United States
Job Summary
Support affordable housing finance and program implementation engagements for public-sector clients by evaluating development proposals, analyzing project budgets, and conducting feasibility studies. Develop financial models, underwriting analyses, and subsidy layering reviews while assisting with due diligence and transaction coordination. Research HUD regulations and program guidance to create memos, reports, and presentations for stakeholders. Manage assigned tasks and deliverables in coordination with project leadership, development, legal, and lending teams. This role requires a Bachelor's degree and one year of experience in affordable housing finance or public-sector housing program administration. The annual salary range is $74,000.00-$124,000.00. Candidates must reside within a 50-mile radius of a Guidehouse office in Boston, Austin, Sacramento, Richmond, Tyson's Corner, New York City, Philadelphia, or Chicago.
Required Qualifications
- Bachelors degree from an accredited college or university
- 1+ (ONE) years of experience in affordable housing finance, real estate lending, underwriting, LIHTC development, housing finance agency programs, community development finance, or public-sector housing program administration, including experience evaluating affordable housing transactions and financial feasibility
- Experience supporting affordable housing development, finance (ex. underwriting, lending, origination) or program implementation projects
- Experience working with public-sector organizations, housing authorities, housing finance agencies, community development organizations, or affordable housing developers
- Experience with different project types including workforce, mixed-income, rehabilitation, and permanent supportive housing
- Experience participating in one or more phases of affordable housing transactions, including application review, underwriting, due diligence, entitlement, financing, closing, construction monitoring, or asset management
- Experience developing and analyzing affordable housing development budgets, sources and uses statements, operating pro formas, cash flow projections, and debt sizing analyses
- Experience analyzing, underwriting, developing, financing, or administering affordable housing developments utilizing 4% and/or 9% LIHTCs
- Understanding of QAPs, equity pricing, tax credit structuring, and affordable housing capital stacks
- Familiarity with the development process (entitlement, subsidy review, underwriting, due diligence, and closing) for affordable housing transactions
- Working knowledge of HUD multifamily programs and relevant federal regulations
- Advanced Excel skills including financial modeling, scenario analysis, pivot tables, lookup functions, and sensitivity testing
- Strong analytical and research skills with attention to detail
- Clear and effective written and verbal communication skills
- Ability to manage multiple priorities and meet deadlines in a consulting environment
- Proficiency with Microsoft Word, Excel, and PowerPoint
- No sponsorship available for this position
- Must reside within a 50-mile radius of a Guidehouse office with a focus on the following offices: Boston, MA; Austin, TX; Sacramento, CA; Richmond, VA; Tyson's Corner, VA New York City, NY; Philadelphia, PA; Chicago, IL
Desired Qualifications
- Master's degree in a related field
- Certification or training in rental housing finance
- Experience with housing-related data analysis, monitoring, or evaluation
- Exposure to syndication, underwriting, or housing finance software systems
- Experience with GIS platforms, such as ArcGIS, and data visualization tools such as Power BI
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