Low Income Housing Tax Credit Specialist
State of Indiana, Indianapolis, IN, United States
Low Income Housing Tax Credit Specialist
Date Posted: Apr 10, 2026 Requisition ID: 475845 Location: Indianapolis, IN, US, 46204
Work for Indiana Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana.
About the Indiana Housing and Community Development Authority (IHCDA):
The Indiana Housing and Community Development Authority (IHCDA) is a quasi‑agency of the State of Indiana and is committed to serving the entire spectrum of housing, from homelessness to homeownership. Our charge is to provide housing opportunities, promote self‑sufficiency, and strengthen communities, in order to build an Indiana with a sustainable quality of life for all Hoosiers in the community of their choice. To learn more about IHCDA visit us at www.in.gov/ihcda.
Role Overview:
The Low Income Housing Tax Credit (LIHTC) Specialist contributes to fulfilling the IHCDA mission and meeting strategic and annual IHCDA operational and program goals by providing application review and technical support for the LIHTC program. A high level of precision, accuracy and attention to detail is required in order to resolve routine problems.
Provide technical assistance to communities, for profit and not‑for‑profit organizations for the development of affordable housing throughout the State of Indiana.
Schedule and attend informal meetings regarding the application and funding process of the LIHTC, Multifamily Tax‑exempt bond, Affordable and Workforce Housing Tax Credit, and Tax Credit Assistance Program (“TCAP”) programs.
Respond in a helpful and timely manner to inquiries, either by phone, electronically, or in person, from customers, intermediaries, locally elected officials, and other interested parties of affordable housing.
Ensure customers have a clear understanding of the allocation and application processes by conducting presentations.
Research regulatory and programmatic issues as requested by Director of Real Estate Allocation and/or Chief Real Estate Development Officer.
Review and process modification requests, presenting recommendations for approval or denial to appropriate RED management staff.
Review Application submissions based on established threshold and scoring criteria:
Respond with technical assistance to applicants who fail to meet the established criteria.
Ensure award agreements and board memos are error free.
Ensure all due diligence criteria is evaluated and complete.
Conduct site visits.
Ensure the receipt, accuracy and completion of various Internal Revenue Service (IRS) documentation and forms including the Reservation Letter, Carryover Agreement, and 10% Test.
Assist Director of Real Estate Allocation and Chief Real Estate Development Officer in preparation of IRS/Treasury annual reports including Form 8610. In addition, respond to LIHTC data requests from NCSHA and other industry groups.
Accurately prepare in a timely manner general correspondence including memos to IHCDA Board of Directors, award notifications, documentation requests, RED notices, etc.
Actively participate in the review of IHCDA application policy and procedures including but not limited to the Qualified Allocation Plan (QAP) and the TCAP policy.
Attend and take notes in roundtable discussions.
Actively participate in internal discussions with ideas and suggestions.
Accurately make changes and updates to policy and procedures.
Timely and accurately enter required information into the Weekly Tracking Report.
Positively represent IHCDA and the Real Estate Allocation Department at groundbreaking or grand opening ceremonies.
Represent IHCDA on external committees or panel discussions as assigned by Director of Real Estate Allocation and/or Chief Real Estate Development Officer.
Perform other duties and responsibilities, as assigned by Director of Real Estate Allocation and/or Chief Real Estate Development Officer.
Performance Evaluation
Achieving key outcomes and demonstrating the knowledge, skills, and abilities as described in this job description;
Meeting all personal SMART goals agreed upon each year;
Meeting all project deadlines, and other quality indicators;
Working effectively in a team environment, within the required specifications, policies, and standards as established by IHCDA and its associated governing entities;
Interacting positively with partners by demonstrating quality customer service and proactive communication.
Salary Statement The salary for this position traditionally starts at $43,888.00 but may be commensurate with education or work experience.
A Day in the Life This position is exempt from overtime compensation for additional work hours which may be required to complete essential functions or other assigned work. Exempt employees may work more than 75 hours in a pay period without additional compensation and must report a minimum of 75 hours per pay period of work hours and/or paid leave taken to receive their base biweekly salary.
What You'll Need for Success
Prefer Bachelors degree in finance, accounting, business, public administration, planning, or real estate development and 3-5 years relevant job experience in the field of affordable housing, real estate development, real estate finance, community development, or private sector housing.
Prefer certification as a LIHTC Specialist (C3P, HCCP, NCP, TaCCs, TCS)
Demonstrates effective verbal and written communication skills.
Able to effectively communicate with a variety of individuals with diverse backgrounds, education, and economic levels.
Demonstrates strong presentation skills. Can facilitate both large and small group presentations.
Demonstrates customer service orientation.
Able to think logically and analytically.
Proactive in anticipating and alerting others to problems with projects or processes.
High detail orientation and accuracy.
Takes initiative and needs little supervision.
Able to prioritize, organize tasks and time, and follow up.
Performs responsibilities efficiently and timely.
Able to juggle multiple requests and meet multiple deadlines.
Able to work well in a team environment and as part of a team.
Proficient in basic computer skills, i.e. Microsoft Word, Excel, Internet usage (e‑mail).
Able to perform essential functions with or without reasonable accommodation.
Supervisory Responsibilities/Direct Reports This role may be utilized in a supervisory capacity based on agency needs.
Benefits of Employment with the State of Indiana The State of Indiana offers a comprehensive benefit package for full‑time employees which includes:
Three (3) medical plan options (including RX coverage) as well as vision and dental plans
Wellness Rewards Program: Complete wellness activities to earn gift card rewards
Health savings account, which includes bi‑weekly state contribution
Deferred compensation 457(b)account (similar to401(k) plan) with employer match
Two (2) fully‑funded pension plan options
A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to:
150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers
Up to 15 hours of paid community service leave
Combined 180 hours of paid vacation, personal, and sick leave time off
12 paid holidays, 14 on election years
Education Reimbursement Program
Group life insurance
Employee assistance program that allows for covered behavioral health visits
Qualified employer for the Public Service Loan Forgiveness Program
Free Parking for most positions
Free LinkedIn Learning access
The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role. If you require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at jobs@spd.IN.gov.
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Date Posted: Apr 10, 2026 Requisition ID: 475845 Location: Indianapolis, IN, US, 46204
Work for Indiana Begin a fulfilling career with the State of Indiana by joining one of the largest employers in the state, offering a range of opportunities across 60+ agencies. At the state, you'll find competitive compensation, a robust benefits package and a commitment to work-life balance. Most importantly, you'll have the chance to make a real and measurable impact on the lives of Hoosiers across Indiana.
About the Indiana Housing and Community Development Authority (IHCDA):
The Indiana Housing and Community Development Authority (IHCDA) is a quasi‑agency of the State of Indiana and is committed to serving the entire spectrum of housing, from homelessness to homeownership. Our charge is to provide housing opportunities, promote self‑sufficiency, and strengthen communities, in order to build an Indiana with a sustainable quality of life for all Hoosiers in the community of their choice. To learn more about IHCDA visit us at www.in.gov/ihcda.
Role Overview:
The Low Income Housing Tax Credit (LIHTC) Specialist contributes to fulfilling the IHCDA mission and meeting strategic and annual IHCDA operational and program goals by providing application review and technical support for the LIHTC program. A high level of precision, accuracy and attention to detail is required in order to resolve routine problems.
Provide technical assistance to communities, for profit and not‑for‑profit organizations for the development of affordable housing throughout the State of Indiana.
Schedule and attend informal meetings regarding the application and funding process of the LIHTC, Multifamily Tax‑exempt bond, Affordable and Workforce Housing Tax Credit, and Tax Credit Assistance Program (“TCAP”) programs.
Respond in a helpful and timely manner to inquiries, either by phone, electronically, or in person, from customers, intermediaries, locally elected officials, and other interested parties of affordable housing.
Ensure customers have a clear understanding of the allocation and application processes by conducting presentations.
Research regulatory and programmatic issues as requested by Director of Real Estate Allocation and/or Chief Real Estate Development Officer.
Review and process modification requests, presenting recommendations for approval or denial to appropriate RED management staff.
Review Application submissions based on established threshold and scoring criteria:
Respond with technical assistance to applicants who fail to meet the established criteria.
Ensure award agreements and board memos are error free.
Ensure all due diligence criteria is evaluated and complete.
Conduct site visits.
Ensure the receipt, accuracy and completion of various Internal Revenue Service (IRS) documentation and forms including the Reservation Letter, Carryover Agreement, and 10% Test.
Assist Director of Real Estate Allocation and Chief Real Estate Development Officer in preparation of IRS/Treasury annual reports including Form 8610. In addition, respond to LIHTC data requests from NCSHA and other industry groups.
Accurately prepare in a timely manner general correspondence including memos to IHCDA Board of Directors, award notifications, documentation requests, RED notices, etc.
Actively participate in the review of IHCDA application policy and procedures including but not limited to the Qualified Allocation Plan (QAP) and the TCAP policy.
Attend and take notes in roundtable discussions.
Actively participate in internal discussions with ideas and suggestions.
Accurately make changes and updates to policy and procedures.
Timely and accurately enter required information into the Weekly Tracking Report.
Positively represent IHCDA and the Real Estate Allocation Department at groundbreaking or grand opening ceremonies.
Represent IHCDA on external committees or panel discussions as assigned by Director of Real Estate Allocation and/or Chief Real Estate Development Officer.
Perform other duties and responsibilities, as assigned by Director of Real Estate Allocation and/or Chief Real Estate Development Officer.
Performance Evaluation
Achieving key outcomes and demonstrating the knowledge, skills, and abilities as described in this job description;
Meeting all personal SMART goals agreed upon each year;
Meeting all project deadlines, and other quality indicators;
Working effectively in a team environment, within the required specifications, policies, and standards as established by IHCDA and its associated governing entities;
Interacting positively with partners by demonstrating quality customer service and proactive communication.
Salary Statement The salary for this position traditionally starts at $43,888.00 but may be commensurate with education or work experience.
A Day in the Life This position is exempt from overtime compensation for additional work hours which may be required to complete essential functions or other assigned work. Exempt employees may work more than 75 hours in a pay period without additional compensation and must report a minimum of 75 hours per pay period of work hours and/or paid leave taken to receive their base biweekly salary.
What You'll Need for Success
Prefer Bachelors degree in finance, accounting, business, public administration, planning, or real estate development and 3-5 years relevant job experience in the field of affordable housing, real estate development, real estate finance, community development, or private sector housing.
Prefer certification as a LIHTC Specialist (C3P, HCCP, NCP, TaCCs, TCS)
Demonstrates effective verbal and written communication skills.
Able to effectively communicate with a variety of individuals with diverse backgrounds, education, and economic levels.
Demonstrates strong presentation skills. Can facilitate both large and small group presentations.
Demonstrates customer service orientation.
Able to think logically and analytically.
Proactive in anticipating and alerting others to problems with projects or processes.
High detail orientation and accuracy.
Takes initiative and needs little supervision.
Able to prioritize, organize tasks and time, and follow up.
Performs responsibilities efficiently and timely.
Able to juggle multiple requests and meet multiple deadlines.
Able to work well in a team environment and as part of a team.
Proficient in basic computer skills, i.e. Microsoft Word, Excel, Internet usage (e‑mail).
Able to perform essential functions with or without reasonable accommodation.
Supervisory Responsibilities/Direct Reports This role may be utilized in a supervisory capacity based on agency needs.
Benefits of Employment with the State of Indiana The State of Indiana offers a comprehensive benefit package for full‑time employees which includes:
Three (3) medical plan options (including RX coverage) as well as vision and dental plans
Wellness Rewards Program: Complete wellness activities to earn gift card rewards
Health savings account, which includes bi‑weekly state contribution
Deferred compensation 457(b)account (similar to401(k) plan) with employer match
Two (2) fully‑funded pension plan options
A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to:
150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers
Up to 15 hours of paid community service leave
Combined 180 hours of paid vacation, personal, and sick leave time off
12 paid holidays, 14 on election years
Education Reimbursement Program
Group life insurance
Employee assistance program that allows for covered behavioral health visits
Qualified employer for the Public Service Loan Forgiveness Program
Free Parking for most positions
Free LinkedIn Learning access
The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role. If you require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at jobs@spd.IN.gov.
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