Vice President, Originations

Overview

Originate and structure LIHTC investments, manage regional production, build relationships.

Key Responsibilities

• deal origination
• transaction structuring
• credit analysis
• investor relations
• market planning
• stakeholder engagement

Tasks

The Vice President, Originations, will originate low-income housing tax credit investments. Represent NEF and manage the production workload in the designated region. Responsible for structuring transactions in a manner consistent with Investor expectations, ensure long-term project viability, and meet NEF’s mission. Successful in working independently and collaboratively across departments to structure and negotiate transactions. -Work and coordinate with NEF staff in other departments (including but not limited to project management, asset management, asset operations, and reporting) in managing and resolving issues with projects in the designated geography -Responsible for NEF marketing efforts in the designated region. Maintain existing and establish new relationships with non-profit and for-profit low-income housing developers, funders, lenders, and state allocating agencies in designated markets. -Structure LIHTC transactions according to NEF established underwriting guidelines and pricing parameters. Work through credit issues with the Regional Managing Director. Must be able to analyze a project’s income structure, operating expenses, debt service requirements, market studies and a developer’s financial and development capacity. -Provide Regional Managing Director with a business plan for the designated market, determining optimal marketing strategy, and executing said business plan to achieve production goals. -Serve as the external face for NEF, including attendance at and/or serving as presenter at State and other relevant housing conferences, meetings, and forums. -Secure low income housing tax credit investments in the designated region at levels as established by the Regional Managing Director and Chief of Production. -Work closely with investor relations and capital markets colleagues to successfully identify and secure investor interest in LIHTC transactions.

Requirements

• lihtc
• underwriting
• excel
• section 42
• affordable housing
• business degree

What You Bring

-Demonstrate experience in underwriting LIHTC transactions and growing business relationships. -Strong communication and presentation skills, both written and verbal. -Ability to work independently and effectively on numerous projects at the same time. -Ability to issue and successfully negotiate letters of interest with sponsors. -Undergraduate or graduate degree in business, economics, urban planning or finance preferred. -Ability to explain complex financing structures to developers, stakeholders, funders, and other related audiences. -Possess strong knowledge of complex real estate underwriting, Section 42 requirements, various state tax credits, Historic Tax Credits, energy credits, project-based rental subsidies and vouchers, and relevant tax topics and issues including minimum gain and grant structures. -Strong background in structuring complex real estate transactions. -Strong analytical skills and proficiency in Microsoft Office programs, including Excel and Word and other relevant applications. -Possess excellent customer service skills and conducts oneself with utmost professionalism with colleagues and with external stakeholders. -Prior experience with affordable housing loans or investments and knowledge of state and local programs a must. -Minimum of 5-10 years’ experience in underwriting and structuring real estate projects.

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Benefits

We offer a competitive salary, along with a comprehensive benefits package.

About National Equity Fund, Inc.

-_ONE OF THE FIRST Low‑Income Housing Tax Credit syndicators, NEF has shaped affordable housing finance. -Based in Chicago, it has a national reach spanning all 50 states plus Puerto Rico and the U.S. Virgin Islands. -Through LIHTC syndication and structured finance, NEF weaves together capital sources to back diverse housing projects. -Their work spans pre‑development loans, preservation of aging properties, workforce rentals, and permanent supportive housing. -In 2024 alone, NEF deployed a record amount in LIHTC equity and preservation and workforce deals. -They’ve pioneered initiatives like the Emerging Minority Developer Fund and combine opportunity‑zone credits with LIHTC. -NEF’s portfolio includes supportive housing for vulnerable groups—veterans, seniors, formerly unhoused individuals—and urban to rural communities. -They closed their tenth Homestead Equity Fund, expanding their impact across multiple regions.

Sector Specialisms