Sr. Tax Credit Allocation Officer

Virginia Housing Development Authority • Glen Allen, VA

81d • $109,000 - $147,500

About The Position

Join Virginia Housing and help make a difference as a Senior Tax Credit Allocation Officer. This important role assists in the administration of the federal Low-Income Housing Tax Credit (LIHTC) Program, including policy implementation, QAP updates, and developer training. Responsibilities include reviewing 4% and 9% LIHTC applications, conducting financial/underwriting analysis, and ensuring compliance through pre- and post-construction monitoring (including 8609 issuance). This position collaborates closely with developers and Senior Allocation Officers, requiring strong stakeholder engagement and customer service mindset. Virginia Housing is one of the nation's premier housing finance agencies. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our public-private partnerships. We are focused on employee engagement and committed to a healthy and diverse workforce. We offer on-site conveniences such as a fitness center and free parking. Educational opportunities to help your advancement are available through classroom and online programs.

Requirements

• Bachelor's degree in business, accounting, land use planning, real estate or related degree and/or equivalent, relevant work experience.
• Several years working in tax credit, real estate, housing or affordable housing related field(s).
• Broad experience in both commonplace and unusual work situations and problems associated with the allocation of tax credits.
• Knowledge of the Tax Credit program regulations, schedules and application information.
• Skilled in presentations and stakeholder communication.
• Experienced in delivering difficult news and enforcing requirements.
• Strong conflict resolution and decision-making abilities.
• Excellent written and verbal communication.
• Highly organized and detail oriented.
• Must maintain a valid driver's license and comply with Virginia Housing's motor vehicle and HR policies as a condition of employment.

Nice To Haves

• Master's or other advanced degree.
• Familiarity with Pro Link.
• Demonstrated experience and understanding of IRC Section 42.

Responsibilities

• Assist in the administration of the federal Low-Income Housing Tax Credit (LIHTC) Program.
• Implement policies and update the Qualified Allocation Plan (QAP).
• Conduct developer training.
• Review 4% and 9% LIHTC applications.
• Conduct financial/underwriting analysis.
• Ensure compliance through pre- and post-construction monitoring, including 8609 issuance.
• Collaborate closely with developers and Senior Allocation Officers.

Benefits

• On-site fitness center.
• Free parking.
• Educational opportunities through classroom and online programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Real Estate
• Education Level: Bachelor's degree