VP Development - LIHTC

Macdonald & Company are partnered with a well-capitalized affordable housing developer to appoint a Vice President of Development to join its Atlanta-based platform.This firm is actively investing in LIHTC multifamily development opportunities across the United States and has a growing pipeline of ground-up projects within its portfolio. The successful candidate will play a key role in leading development execution within a lean, high-accountability team.Role SummaryThe Vice President of Development will lead the execution of LIHTC multifamily development projects, overseeing the full lifecycle from site selection through construction and stabilization. This position requires an experienced development professional capable of managing complex affordable housing transactions while driving projects forward from inception to completion.ResponsibilitiesDevelopment ExecutionLead the full lifecycle of LIHTC development projects including site acquisition, entitlements, design, financing, construction, and delivery.Manage third-party consultants including architects, engineers, general contractors, and legal advisors.Oversee project timelines, budgets, and development milestones to ensure successful execution.Coordinate internally across development, investment, and finance teams.LIHTC & FinancingStructure and execute LIHTC transactions, including both 4% and 9% tax credit deals.Manage relationships with equity investors, lenders, and public agencies.Lead the preparation and submission of tax credit applications and supporting documentation.Oversee financing processes including construction loans, permanent debt, and layered capital structures.Project Oversight & ReportingMonitor construction progress, review draw requests, and manage capital expenditures.Track performance against underwriting and proactively identify risks or opportunities.Provide regular updates and reporting to senior leadership and investment committees.Relationship ManagementMaintain relationships with housing authorities, agencies, equity partners, and lenders.Coordinate with property management teams through lease-up and stabilization.Engage with local stakeholders and municipalities throughout the development process.Requirements7–12 years of experience in real estate development, with a focus on affordable housing or LIHTC projects.Demonstrated experience leading ground-up multifamily developments through the full lifecycle.Strong understanding of LIHTC structures, including 4% and 9% credits.Experience working with institutional capital partners and public financing programs.Strong financial modeling, underwriting, and project management capabilities.Ability to manage multiple projects within a fast-paced environment.Strong communication and organizational skills.