Development Finance Manager

Development Finance Manager | Affordable Housing

Overview

Join an entrepreneurial real estate investment firm that develops, invests in and operates affordable housing communities across more than 25 states. With a portfolio of 130+ properties and 20,000+ apartment homes , the firm provides high-quality housing for lower- and moderate-income individuals, seniors and families.

We are seeking a Development Finance Manager to support the financial execution of affordable housing projects from closing through final investor funding. This is an opportunity for an accounting professional with LIHTC experience to take ownership of a diverse portfolio and work closely with investors, lenders and development teams.

Key Responsibilities

• Manage financial requirements and investor funding milestones across new construction and rehabilitation projects.
• Coordinate the cost certification process , including reviewing project costs, preparing supporting documentation and working with external auditors.
• Track development budgets and funding sources, identifying cost changes and potential shortfalls.
• Work with investors, lenders, contractors and internal teams to keep projects moving and meet key deadlines.
• Review partnership tax returns and project financial information to support accurate tax credit delivery.
• Monitor construction progress, funding requests and remaining project cash needs.
• Review transaction documents and report on project milestones, equity funding and tax credit schedules.
• Manage multiple projects and communicate progress, risks and recommendations to leadership.

Qualifications

• Bachelor's degree required , preferably in accounting, finance or a related field.
• Experience working with Low-Income Housing Tax Credit (LIHTC) affordable housing projects.
• Hands-on experience preparing, reviewing or coordinating cost certifications .
• Experience at an affordable housing developer, public accounting firm, tax credit syndicator or similar organization.
• Ability to manage competing priorities, solve problems and take ownership of projects.
• Strong Excel, communication and relationship management skills.
• CPA designation and familiarity with partnership tax returns or tax-exempt bond financing are a plus.