CDC Low Income Housing Tax Credit Project Manager - St. Louis, MO

US Bank Saint Louis , MO 63150

Posted 2 months ago

Negotiates, structures, underwrites, and closes equity investments that utilize Low-Income Housing Tax Credits (LIHTC), Historic Tax Credits (HTC), and/or New Markets Tax Credit (NMTC) programs in market areas serviced by U.S. Bancorp Community Development Corporation (CDC). Manages relationships with customers and internal Production Officers in negotiating terms of investment. Engages third party professionals (attorneys, accountants, etc.) in coordinating the drafting, collection, and review of documents and financial projections necessary to close the investments. Coordinates with portfolio managers in preparing and funding initial closing funds and transition investment to the portfolio management department for ongoing maintenance and management. Participates in the establishment of policies and procedures necessary for accomplishing the group's tasks.

Basic Qualifications

  • Bachelor's degree in finance or accounting, or equivalent work experience

  • Four or more years of experience in financial services and/or real estate activities

  • Three or more years of CDC experience, or comparable work experience

Preferred Skills/Experience

  • In-depth knowledge of tax credit programs and/or commercial real estate finance

  • Highly detail-oriented

  • Proficient computer skills, especially Microsoft Office applications and financial spreadsheets

  • Strong analytical and problem-solving skills

  • Excellent verbal and written communication skills

  • Proven leadership skills

  • Advanced degree in business or law preferred

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
CDC Affordable Housing Asset Manager St Louis Denver Portland Minneapolis Atlanta

US Bank

Posted 1 week ago

VIEW JOBS 2/14/2020 12:00:00 AM 2020-05-14T00:00 Responsible for management and review of a portfolio of tax credit equity investments and loan made through U.S. Bancorp Community Development Corporation. Investments include Affordable Housing (LIHTC) Investments which provide tax and CRA benefits to the organization, as well as Construction and Permanent loans on Affordable Housing properties. Primary responsibilities include but are not limited to: * Review and approval of construction draw packages and assessment of construction investment and lending risk * Review of property level financial statements to assess investment/ loan quality and risk. * Completion of site inspections and meetings with customers/ borrowers to ensure program compliance and asset quality. * Review and interpretation of operating agreements, loan agreements and other legal documents * Preparation of internal written and verbal reporting on portfolio performance Basic Qualifications * Bachelors degree, or equivalent work experience * Two to five years of tax credit investment industry experience Preferred Skills/Experience * Thorough understanding of tax credit investment management * Thorough knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting * Well-developed analytical and problem-solving skills * Strong interpersonal, written and verbal communication skills * Highly motivated, able to work independently, and possesses acute attention to detail * General real estate background preferred US Bank Saint Louis MO

CDC Low Income Housing Tax Credit Project Manager - St. Louis, MO

US Bank