Originator - LIHTC Investments
Specialty Consultants Inc., Washington, District of Columbia, us, 20022
SCI is seeking a
Vice President
to lead deal origination for a co‑GP affordable housing investment platform, for a top owner/developer client in multifamily with a track record of developing and investing in 30,000+ units. The role and firm are based in Washington D.C. Area but will source deals on a national level.
Ideal candidate comes from an LIHTC syndication/LP background with a strong track record of sourcing developer/GP clients to leverage relationships into long‑term Co‑GP partnerships. Once a deal is originated, the internal execution team takes the lead and handles the process through stabilization.
Our client will sit
second chair
as Co‑GP on applications, financing, closing, and community development, but may
take the lead on any/all of the following areas :
Land banking
Site acquisition
Pre‑development and gap financing
Leveraging the 501(c)(3) arm as a deal partner or means to raise bonds to invest
Design & General contracting
Role will include fee participation in all captured revenue streams plus equity in deals.
Role Summary The VP will be responsible for building the Affordable Housing business. The company has built a successful Co‑GP business within the market‑rate development area and would like to expand that offering to affordable housing developers by leveraging their balance sheet, deal structuring, development services, general contracting, and affiliated non‑profit arm.
Responsibilities
Develop all tools, policies, and procedures necessary to evaluate and execute affordable housing development projects.
Source co‑GP/co‑development opportunities within the affordable housing industry that leverage vertical integration and balance‑sheet support.
Negotiate, diligence, and close various types of affordable housing projects, including but not limited to 4% & 9% tax credit projects, non‑profit bond projects, and others as necessary.
Work with senior leadership to further develop the business plan for the affordable housing division.
Leverage sister non‑profit arm to secure tax abatements and 501(c)3 bond financing opportunistically to generate revenue for the non‑profit, secure construction opportunities for internal general contracting, and obtain financing for the affordable development pipeline.
Establish and maintain relationships with syndicators and direct tax credit investors as well as other capital providers for affordable housing projects.
Prepare any and all internal and external memoranda required to solicit investment capital, obtain necessary approvals from the Investment Committee, or petition governing bodies for tax abatements, etc.
#J-18808-Ljbffr
Vice President
to lead deal origination for a co‑GP affordable housing investment platform, for a top owner/developer client in multifamily with a track record of developing and investing in 30,000+ units. The role and firm are based in Washington D.C. Area but will source deals on a national level.
Ideal candidate comes from an LIHTC syndication/LP background with a strong track record of sourcing developer/GP clients to leverage relationships into long‑term Co‑GP partnerships. Once a deal is originated, the internal execution team takes the lead and handles the process through stabilization.
Our client will sit
second chair
as Co‑GP on applications, financing, closing, and community development, but may
take the lead on any/all of the following areas :
Land banking
Site acquisition
Pre‑development and gap financing
Leveraging the 501(c)(3) arm as a deal partner or means to raise bonds to invest
Design & General contracting
Role will include fee participation in all captured revenue streams plus equity in deals.
Role Summary The VP will be responsible for building the Affordable Housing business. The company has built a successful Co‑GP business within the market‑rate development area and would like to expand that offering to affordable housing developers by leveraging their balance sheet, deal structuring, development services, general contracting, and affiliated non‑profit arm.
Responsibilities
Develop all tools, policies, and procedures necessary to evaluate and execute affordable housing development projects.
Source co‑GP/co‑development opportunities within the affordable housing industry that leverage vertical integration and balance‑sheet support.
Negotiate, diligence, and close various types of affordable housing projects, including but not limited to 4% & 9% tax credit projects, non‑profit bond projects, and others as necessary.
Work with senior leadership to further develop the business plan for the affordable housing division.
Leverage sister non‑profit arm to secure tax abatements and 501(c)3 bond financing opportunistically to generate revenue for the non‑profit, secure construction opportunities for internal general contracting, and obtain financing for the affordable development pipeline.
Establish and maintain relationships with syndicators and direct tax credit investors as well as other capital providers for affordable housing projects.
Prepare any and all internal and external memoranda required to solicit investment capital, obtain necessary approvals from the Investment Committee, or petition governing bodies for tax abatements, etc.
#J-18808-Ljbffr