Community Investments Senior Analyst, LIHTC A

Evernorth•Portland, ME

2d•$80,000 - $95,000

About The Position

The Community Investments Senior Analyst, LIHTC Acquisitions supports Evernorth’s Community Investments Low Income Housing Credit acquisitions team in selecting, structuring, approving, and closing construction loans for affordable housing investments. The role collaborates with Community Investments staff and other Evernorth employees to analyze investment opportunities and support their closing. With moderate oversight, the analyst assesses project feasibility, market risks, community impacts, developer and sponsor strength, structural challenges, and financial returns. The position supports due diligence, financial modeling, underwriting, transaction structuring, investment proposals, and review of financing and regulatory documents. It also maintains project information and produces underwriting, capital management, asset management, and investor materials. The role may involve travel within New England and to national events, including occasional events outside traditional office hours. The general work environment is a usually quiet office, with substantial computer work and periods of sitting, standing, walking, stooping, and bending. Driving to meetings or offsite locations and lifting up to 20 pounds may be required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Requirements

Bachelor’s degree.
Three to five years of experience in multifamily housing, affordable housing, community development, economic development, or real estate financing.
Experience with complex financial modeling and demonstrated problem-solving skills.
Ability to work semi-independently with minimal oversight.
Experience managing internal and external customer relationships.
Valid driver’s license.
Ability to collaborate across diverse teams and locations, manage multiple priorities and deadlines, and work independently or collaboratively.
Proficiency in Microsoft Office 365 and SharePoint, including Word, Teams, Outlook, and advanced Excel.
Strong written and verbal communication, active listening, reading comprehension, organization, analytical thinking, problem-solving, math, and financial analysis skills.
Commitment to Evernorth’s mission and community impact.
Successful completion of a criminal background check.

Nice To Haves

Graduate degree.
Training in affordable housing, project management, community development, real estate, finance, or a related discipline.
Knowledge of or interest in affordable housing, community development, construction finance, real estate, business lending, LIHTC, or other federal financing programs.

Responsibilities

Analyze prospective investment opportunities and make recommendations, including assessing preliminary LIHTC project feasibility, market risks, community impacts and benefits, developer and sponsor strength, structural challenges, and financial return.
Support pre-closing due diligence, financial modeling, and underwriting of LIHTC investments.
Collect, review, and research developer proformas, tax credit applications, appraisals, market studies, environmental reports, financial statements, and other relevant information.
Identify key issues, trends, risks, community impacts, and conformance with underwriting standards, market trends, and portfolio or industry benchmarks.
Propose or implement mitigating adjustments as necessary.
Review financing and regulatory documents in collaboration with Senior Community Investment Officers and the Director of LIHTC Acquisitions.
Work with the Director of LIHTC Acquisitions and Community Investment Officers to structure transactions and identify ways to improve projects.
Work with Community Investment Officers, Capital Management, Asset Management, and other staff to prepare investment proposals for internal and committee review, attend investment committee meetings, and prepare firm offers, letters of intent, and legal intake packages.
Maintain and update project-related information in the Evernorth database and pipeline, working with staff across departments.
Lead or prepare matrices, proformas, spreadsheets, and reports for underwriting, Capital and Asset Management, and investors.
Provide technical expertise to support, maintain, and update the proforma template.
Participate in ongoing education in financial modeling, LIHTC, and other areas relevant to Evernorth’s business.
Travel within New England and to national events as needed, and attend events outside traditional office hours when necessary.
Carry out other duties as assigned.