MANAGER-LOW INCOME HOUSING TAX CREDIT PROGRAM

WISCONSIN HOUSING & ECONOMIC•Madison, WI

8h•$85,275 - $106,404•Hybrid

About The Position

WHEDA is seeking a Manager Low Income Housing Tax Credit Program to join our Commercial Lending department in our Madison facility. The Low Income Tax Credit Program Manager is responsible for management of the State and Federal housing tax credit programs, conducting research and analysis, preparing recommendations to optimize outcomes derived from the tax credit programs, addressing customer and compliance needs, and staying current, with industry trends and requirements. This position is highly collaborative, engaging multiple levels and departments within the Authority and with external customers and partners. The Low Income Tax Credit Manager leads large and complex projects related to Federal and State Tax Credit programs.

Requirements

Bachelor’s degree in Business, Finance, Real Estate, Accounting, Economics, or a closely related field AND 7 years of progressively responsible experience related to commercial or multifamily loan servicing, risk analysis or asset management, including 5 years of supervisory experience; OR an equivalent combination of education and experience.
Valid Driver’s License Required
Advanced knowledge of multifamily lending and housing tax credit and underwriting principles and practices.
Advanced knowledge of multifamily state and federal funding sources and programs, laws, rules and regulations.
Advanced knowledge of policy development and evaluation, quantitative and qualitative analysis of program outcomes, conducting and incorporating research to inform strategy.
Product and program development and implementation principles.
Managerial, supervisory, coaching and mentoring skills.
Project management skills.
Financial principles and practices.
Strong adherence to confidentiality in working with clients and vendors.
Attention to detail, and ability to troubleshoot for process improvement.
Excellent verbal and written communication skills.
Problem solving skills and ability to work under pressure.
Successful prioritizing and management of work projects.

Responsibilities

Leads all activities associated with WHEDA’s Housing Tax Credit Programs in alignment with the Authority’s mission and goals. Includes oversight of the policies and development of the allocation methods outlined in the Qualified Allocation Plan as well as the competitive application materials and scoring process for multiple competitions annually. This work includes planning, coordinating, administering, and evaluating the programs, and enhancing processes and procedures while ensuring compliance with all governmental laws, regulations, codes and/or standards. It also includes managing each phase of the tax credit process from allocation through transition to compliance.
Monitors program outcomes including evaluating impacts of resource deployment in relation to established goals through data and other analysis, and recommends strategies, enhancements or best practices to senior management based on housing research and analysis.
Responds to requests for information and provides subject-matter-expert guidance to other departments, customers, public and/or outside agencies. Serves on a variety of internal and external committees, task forces, and other Authority committees to secure advocacy and influence programs and ideals.
Develops communication, guidance, and training, including public presentations and written materials, for internal and external partners.
Supervise staff, ensures adequate training, planning and prioritizing work; monitoring timeliness and completeness of tasks; ensuring that employees follow policies and procedures; and monitoring individual adherence to policies and procedures and providing feedback to staff.
Act as the business liaison to implement and maintain WHEDA’s tax credit management software including leading a cross-functional project team comprised of internal departments and other organizations to promote organizational effectiveness and accurate system and data management.
Project management of cross-functional teams
Recommend and develop new housing products/programs based on strategic direction
Recommend changes and improvements to internal policies and products to increase efficiency
Monitoring federal and state program requirements
Lead the administration of the Housing Tax Credit Programs
Monitoring performance of the Housing Tax Credit Program and assist in taking appropriate program changes and enhancements
Work with management and Finance to enhance/improve existing lending products
Participate in review of viability of other lending programs to enhance WHEDA lending income (e.g. HUD Risk Share)