Affordable Housing Manager

Baker Tilly•Minneapolis, MN

About The Position

Are you interested in joining one of the fastest growing public accounting firms? If yes, consider joining Baker Tilly (BT) in our Development & Community Advisory team as a Manager. This is a great opportunity to be a valued business advisor delivering industry-focused financial consulting services to developers and other stakeholders of multi-family housing. You will work side-by-side with firm leadership to serve clients and build the business, having a direct impact on the firm’s success. As one of the fastest growing firms in the nation, BT has the ability to offer you upward career trajectory, flexibility in how and where you get your work done and meaningful relationships with clients, teammates and leadership who truly care about you and your development. Within this team, Baker Tilly’s Housing practice has a deep understanding of complex real estate transactions, a passion for supporting the mission of community stakeholders, and a commitment to the financial and operational health of our clients' organizations in an increasingly-regulated environment. We serve housing developers, property owners, property managers, state housing credit agencies, public housing authorities, syndicators and investors across the United States, and our clients trust our proactive and experienced advice to manage compliance, development, risk and other strategic and operational issues. In the past 24 months, Baker Tilly has closed affordable housing deals totaling $626 million of equity from LIHTC and $29 million of historic tax credits; we’ve been involved in the review or/or direct completion of more than 10 percent of Rental Assistance Demonstration (RAD) applications; and we’ve closed RAD transactions totaling 1,250 units and $149 million in development costs.

Requirements

Minimum of five (5) years of low-income housing tax credit experience, which may include underwriting, modeling, developing, consulting or other similar work required.
Tax credit application experience required in at least one of the following states; experience in two states preferred: Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Tennessee
Understanding of real estate financials and operating performance.
Demonstrated analytical, organizational, interpersonal, project management, and communication skills.
Highly developed Microsoft Suite skills (Word, Excel) required.
Ability to provide exceptional client service and demonstrate commitment to continuous learning in order to stay current regarding applicable strategies.

Responsibilities

Manage relationships with various stakeholders, including clients, staff and various entities involved in the transactions
Transaction structuring and financial modeling
Assist in securing financing and equity sources for transactions, and negotiation surrounding these sources
Assist in writing, editing and organization of work product, including client reports and funding applications
Assist with acquisition, preservation, disposition and recapitalization strategies for real estate portfolios
Assist with various aspects of transactions involving low-income housing tax credits including preparing the relevant application materials and structuring the credits
Assist with the management and development of staff
Provide support in developing presentations, responses to requests for proposals, pitch books and proposals for the team
Research industry and technical issues, compile data, and present findings
General consulting to assist clients in achieving their objectives