LIHTC Structuring Services, Senior Manager

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $92.0 billion and created 1.1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands – all to make home and community places of pride, power and belonging.
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At Enterprise, you’ll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You’ll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you’re valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.
Job Description Summary
Enterprise Housing Credit Investments is seeking an experienced individual with Low-Income Housing Tax Credit (LIHTC) structuring and underwriting experience to serve as a Senior Manager in our LIHTC Structuring Services group. In this role, you will play a central part in ensuring the accuracy, consistency, and integrity of how Enterprise structures its Low-Income Housing Tax Credit (LIHTC) investments.

We are looking for someone with deep LIHTC expertise, exceptional analytical skills, and the ability to collaborate across multiple departments and external partners. If you thrive in a fast-paced environment and enjoy solving complex financial and structuring challenges, we’d love to meet you.
Job Description
Responsibilities:

- Review and refine financial models to ensure alignment with Enterprise modeling standards, including investor capital account and minimum gain analysis, evaluating entity structures, and confirming development cost classification.

- Support underwriters and analysts by developing specialized model schedules, including those related to effective interest, OID, and other tax structuring conventions.

- Partner with FIRM and Investor Relations to provide accurate, investor-ready financial information and return analyses.

- Ensure consistency between project-level financial data and investor-facing financial models.

- Assist with initial equity funding at transaction closings.

- Review post-closing documentation—including Form 8609s, cost certifications, lease-up schedules, and tax returns—to update financial models.

- Participate in tax credit adjuster calculations and provide final review as needed.

- Implement model updates reflecting tax credit adjusters and structural changes.

- Contribute to the training and onboarding of new analysts and underwriters.

- Work cross-functionally on special projects requiring tax and structuring expertise.

- Coordinate with external counsel on transaction closing schedules and structuring considerations.

- Support Asset Management group in evaluating the impact of post-closing structural or financial changes.

- Serve as a key feedback resource for both initial deal structuring and post-closing modifications.

Qualifications:

- Bachelor’s degree in Business, Accounting (with a preference for Tax Accounting), Finance, or related field; a Master’s degree is a preference.

- 10+ years of experience with LIHTC and knowledge of other federal tax credit programs (historic, solar, new markets); familiarity with state credit programs is a plus.

- Extensive understanding of tax structuring issues in LIHTC transactions.

- 10+ years of advanced Excel modeling experience, including modeling for tax-incentivized real estate deals.

- Knowledge of real estate ownership structures and entity classifications.

- General understanding of accounting treatment fo