LIHTC Developer - Summit Housing Group
Company: Highland Property Management
Posted on: February 15, 2021
Title: LIHTC Developer (Summit Housing Group)
Status: Full Time, Salaried (OT Exempt)
Reports to: VP, Summit Management
Location: Missoula MT
The Housing Developer performs professional work in the development
of housing projects to further the Summit Management Group (SMG)
mission to provide affordable housing to those with low incomes
including families, seniors, and people with disabilities. The
Housing Developer takes the lead role in managing the development
process, e.g. identifying sites, evaluating project feasibility,
securing financing, supervising construction, and transitioning new
construction / rehab projects to completion. These tasks require a
personality willing to assume a leadership role and comfortable
giving direction to a large and varied team of partners. The
Housing Developer will report to Nathan Lopuch, Vice President of
Summit Management Group.
The ideal candidate will have a demonstrated background working
with affordable housing financing resources, especially Low Income
Housing Tax Credits (LIHTC) and HUD financing tools, and
significant experience (1) leading development teams through the
LIHTC closing process and (2) writing and submitting applications
for competitive funding sources. The ideal candidate will also have
an understanding of building systems and construction management
practices. Preference will be given to those applicants that can
demonstrate both affordable housing finance and construction
SMG offers professional salaries, a full range of benefits
(medical, dental, vision, 401k match), a great work environment and
an opportunity to work with a group of committed and passionate
Define project concepts to meet housing needs and carry out the SMG
Locate, analyze sites and obtain site control.
Assess feasibility of project development and operation.
Conduct research on housing needs and market conditions for
Obtain financing for projects including grants, loans, tax credits
and other subsidies. Prepare funding applications, negotiate
financing agreements and lead real estate closings.
Assemble and manage development teams (architects, contractors,
attorneys, construction managers and other consultants).
Obtain bids for professional services, enter into contracts and
supervise performance of project partners such as, general
contractors, architects, surveyors, geotech, soils engineers,
Work with social service providers and other community resources to
develop appropriate support services agreements for each housing
Manage community input and land use review processes.
Oversee the construction management process including preparation
of requisitions and draw requests, collaborating with Finance
department and accounting firms regarding cost certifications, and
leading project closeout.
Produce reports required by funders and investors.
Coordinate transition of completed projects to the Asset Management
Establish and maintain records of all activities.
Other duties as assigned.
KNOWLEDGE, SKILLS & ABILITIES
Bachelor's degree in Business, Community Development, Real Estate
or related field.
Four years of professional experience in community development,
affordable housing development or related field.
Knowledge of affordable housing financing tools including LIHTC,
Housing Trust Fund, CDBG, HOME, FHLB, etc. Familiarity with
compliance and regulatory requirements of various sources.
Skill in structuring viable financing packages and presenting them
in standardized development and operating proformas
Ability to prepare competitive funding applications.
Ability to manage complex and time-critical processes, funding
requirements and relationships to complete projects on time and on
Understanding of contract delivery systems and contract types.
Ability to evaluate risk and develop risk management plans for
Ability to work in partnership with funders, investors,
consultants, contractors, regulatory bodies, and SMG staff and
executive management team.
Ability to work in a collaborative team environment.
Ability to travel to remote jobsites and spend long hours on your
Excellent oral and written communication skills.
Excellent computer skills including advanced proficiency in Excel
and on-line research.
Valid driver's license, good driving record and own reliable
Equal Opportunity Employer. This company participates in
To apply, please go to
You will be redirected to our property management company (Highland
Property Management) website to complete our fast, easy 3-minute
Summit Housing Group (SHG) is a part of a growing family of
companies based in beautiful Western Montana, Summit Management
Group (SMG). Together with Summit Construction Group (SCG) and
Highland Property Management (HPM), we specialize in the entire
life cycle of Low-Income Tax Credit (LIHTC) developments. adding
market rate units to our portfolio in 2018. The SMG portfolio has
built, been awarded, or has under construction LIHTC properties
spanning Colorado, Montana, South Dakota, Utah, and Wyoming. SMG is
involved in all aspects of development, including site selection,
engineering, architecture, construction, and marketing. Our
continued growth and success is made possible by our great staff
and dynamic partnerships with institutions and organizations
working together to ensure quality affordable housing throughout
Mission: Providing our residents with quality apartment homes that
continually exceed expectations
Specialty areas: Affordable housing, Low-Income Tax Credit Housing
(LIHTC), 55+ housing, and market rate communities
Keywords: Highland Property Management, Missoula , LIHTC Developer - Summit Housing Group, IT / Software / Systems , Missoula, Montana
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