Director of Tax Credit Development and Asset Management

Lutheran Social Services (LSS) is seeking a skilled and dedicated Director of Tax Credit Development and Asset Management to play a vital role in our housing and development initiatives. This position will oversee affordable housing projects from inception to occupancy, including Low Income Housing Tax Credit (LIHTC) developments, HUD low-income housing projects, and market-rate communities. As a key leader reporting to the Vice President of Housing & Residential, you will steer all development functions, ensure financial stability, and foster strong collaborations with stakeholders and teams. This role is essential for the strategic growth of LSS's housing programs. Key Responsibilities:Leadership: Mentor colleagues while upholding LSS's mission and values; establish benchmarks for program practices and results to drive accountability. Stakeholder Relations: Cultivate and maintain strong relationships with federal, state, city, and county partnerships, community groups, and congregations; communicate effectively and resolve issues collaboratively. Business Unit Planning: Collaborate with the Executive Team to design and implement strategic and operational plans, providing regular updates on progress and suggestions for adjustments. Financial Management: Exhibit strong financial acumen, analyzing financial data including P&Ls and balance sheets to ensure the region's financial health and resource management. Business Development: Identify and assess growth opportunities alongside the Vice President, crafting proposals to enhance LSS's program offerings. Service Delivery: Supervise program execution and staff performance, evaluating operational efficiency to deliver high-quality services. Collaboration: Work closely with all Business Services teams to utilize data effectively, enhance efficiency, and ensure consistency across functions. Change Management: Communicate and implement necessary changes, guiding stakeholders through transitions smoothly. Talent Management: Design and carry out a talent strategy supporting growth, program launches, and staff development; lead, coach, and retain high-performing teams. Additional Responsibilities Include:Developing and managing project timelines. Conducting site analysis and interpreting Wisconsin and Michigan Qualified Allocation Plans for LIHTC projects. Creating and maintaining financial models for project feasibility analysis. Recommending optimal partnership and financing frameworks. Securing funding from various sources such as debt, equity, tax credits, grants, and tax incremental financing. Coordinating funding applications. Collaborating with construction, architecture, and engineering teams. Preparing RFQ/RFP responses and managing entitlements, permits, and third-party consultants. Tracking development costs and processing financial requisitions. Participating in development, site, public, and community meetings. Leading financial closings for debt and equity transactions. Supervisory Responsibilities: Provide leadership, guidance, and professional development for staff across departments, ensuring accountability and alignment with organizational objectives. Qualifications:Bachelor's degree in a related field from an accredited institution or an equivalent combination of education and experience (8+ years of relevant experience in lieu of degree); advanced degree or certifications (e.g., CPM) preferred. Minimum of 5 years of experience in LIHTC development, affordable or market-rate multi-family development, or property management. Experience in sourcing, structuring, and closing affordable housing transactions. Proven track record in stakeholder relations. Required leadership and supervisory experience. Skills & Competencies:Strategic thinker capable of anticipating trends and guiding planning efforts. Strong relationship-building skills. Effective team leadership with a focus on accountability and talent development. Expertise in underwriting, financial analysis, market studies, and reporting. Comprehensive understanding of budgeting, systems, marketing, government relations, and operations. Excellent verbal, written, and listening communication skills. Ability to assess and resolve operational challenges. Knowledge of political and legislative contexts. Strong negotiation and communication skills. Additional Requirements:A valid driver's license and a clean driving record. Willingness to travel frequently within the region, including overnight trips. Ability to work in both office and on-site environments. Perks & Benefits:Eligibility for Public Service Loan Forgiveness (PSLF) as a nonprofit employer, with assistance in navigating PSLF requirements. Comprehensive medical, dental, and vision coverage. Flexible Spending Accounts for healthcare and dependent care. Paid Time Off (PTO), 10 paid holidays, and mileage reimbursement. 403(b) retirement savings plan with various employee contribution options. Priority on annual salary increases and early earned wage access. Access to wellness resources, including the Calm app and employee assistance programs. Employee recognition programs and rewards. Join us in making a significant impact by advancing innovative housing solutions. LSS is committed to diversity and is an Equal Opportunity Employer (EOE).