top of page
KM Partners Icon.jpg

Affordable Housing Development
Senior Project Manager

KM’s client is a leading provider of tax credit investments, asset management, and development services to the nation’s largest corporations and financial institutions, for-profit and nonprofit developers, property owners, and communities. This is a 2022 NMHC top 10 ranked Syndicator in terms of total Tax Credit Equity Raised to date since its inception and one of the largest owners of Affordable Housing in the country, with offices in almost a dozen states. Our client houses over 1 million residents with a current portfolio size of over 100,000 units. This company is mission aligned with business-savvy leadership and proven expertise in Affordable Housing. Our client is well-capitalized with multiple business lines, diversified products, and a long successful history of repeat investors, including Fortune 500 companies and thousands of institutional and retail multinational banks and insurance companies. The employee-centric and family-oriented culture is driven by a long-standing entrepreneurial spirit persisting throughout the organization. Leadership invests in the personal and professional growth of each team member, rewarding performance both financially and with growth opportunities and promotions we have seen first-hand over the past 5 years partnering with this client.
This is a growth opportunity for a driven, go-getter who has extensive experience underwriting complex deals on the East Coast, and any exposure to Historic and Adaptive Reuse projects is advantageous. Underwrite, structure, negotiate and close equity investments in Affordable Housing communities throughout the nation, utilizing state and federal Low Income Housing Tax Credits (LIHTC). This position will report to the VP of Underwriting and oversee and mentor an Assistant Project Manager.
  • Analyze prospective projects to determine financial feasibility and run and manage projections that will ensure that the project’s yield is maintained at closing
  • Assess market conditions, review, and analyze all third-party data (e.g., market studies, construction plan and cost reviews, Phase 1s, appraisal, etc.); and other due diligence provided for conformance to the client’s underwriting guidelines
  • Underwrite the transaction by addressing the strengths and weaknesses of a transaction, including identifying how risks are managed
  • Prepare investment package and present for Investment Committee approval
  • Work closely with legal counsel and the VP of Underwriting to negotiate partnership agreements with Developers
  • Work closely with the client’s Investor Relations team to place the transaction in an investment fund
  • Manage expectations and relationships with developer clients throughout the underwriting and closing process
  • Maintain and enhance existing and new relationships with the developer and investor partners 
  • Proficient in Word, Excel, and financial modeling
  • Highly motivated self-starter with attention to detail and the ability to manage multiple tasks and projects at the same time
  • Well-developed analytical and problem-solving skills
  • Strong verbal, written, and interpersonal communication skills and the ability to work well with others
  • 4-6 years of experience working with Low Income Housing Tax Credits
  • Some travel will be required
  • Bachelor’s Degree in Business, Economics, Finance, Real Estate, or a related field
  • Master’s Degree preferred
KM Partners is the only Executive Search & Professional Recruitment firm fully dedicated to Multifamily Affordable, Senior, and Workforce Housing, as well as Tax Credit Syndication and other Structured Finance throughout the US. We have established an unrivaled track record of repeat business and success recruiting in these dedicated practice areas, including 260+ placements across the US. We have placed over 30% of the teams for several companies, both in Multifamily, Affordable Housing Development, and LIHTC as well as other tax credit Syndication, that went on to grow to top 5 nationally ranked industry leaders in their respective business lines.

If qualified, please contact:
Kelle Ketchum | Director
303.495.5624 |
Job # 197
bottom of page