Be a part of the team that provides affordable housing opportunities to New Mexicans statewide. The Housing Development Department of New Mexico Mortgage Finance Authority (MFA) has an opening for a Tax Credit Program Manager. This position will manage all aspects of the federal Low Income Housing Tax Credit (“LIHTC”) Program, including the 9% competitive tax credit projects as well as the multi-family tax exempt bonds (4% tax credit projects). Prepare the annual Qualified Allocation Plan (QAP), implement all new program initiatives and documentation, and manage the competitive tax credit application round. Oversee the tracking and processing of all tax credit projects from initial award through completion and placed in service/8609 issuance.
Bachelor’s degree in business administration, real estate, urban studies/planning or closely related field. Seven years’ professional experience in real estate development in lieu of education will be considered.
Work Experience: 5 years’ professional experience with the Low Income Housing Tax Credit (LIHTC) program. Graduate-level coursework in affordable housing finance may be substituted for one or more year of work experience.
Knowledge, skills and abilities:
Experience working on and managing complex projects from beginning through completion. Strong training and public speaking skills, as well as very strong analytical skills. Experience underwriting real estate projects for financial feasibility and reviewing/analyzing financial statements.