Partner or Of Counsel, LIHTC

Overview

The organization is seeking a Partner or Of Counsel to join a collaborative affordable housing law team. This role will lead complex affordable housing transactions from engagement through closing, and advise nonprofit and for-profit developers. The position will also support expansion of the team’s work in affordable housing finance.

Responsibilities

• Lead transactions involving 4% and 9% LIHTC allocations, tax-exempt bond financing, and multiple financing sources.
• Manage developer relationships and drive deal execution throughout the development process.
• Draft, negotiate, and close partnership agreements, operating agreements, loan documents, and other complex financing instruments.
• Structure transactions involving Section 42 tax credits and Section 142 tax-exempt private activity bonds.
• Supervise associates and paralegals; manage deal teams; contribute to training and team development.
• Collaborate with firm leadership and colleagues to support team growth and national reach.

Requirements

• Eight or more years of experience in affordable housing and LIHTC transactional law, with demonstrated ability to independently manage deals through closing.
• Law firm experience.
• JD from an accredited law school.
• Active bar license in good standing.
• New York admission or willingness to obtain it is required.
• Deep knowledge of Section 42 and Section 142, including multi-source financing closings and 4% and 9% LIHTC deals.
• Experience drafting and negotiating partnership agreements, operating agreements, and loan documents.
• Strong client relationship, team management, and supervision skills, with a collaborative approach suited to a flat team structure.
• Developer representation experience is required.
• Portable book of business, familiarity with HUD programs, GSE financing, or GP/LP acquisitions is a plus.
• Must be authorized to work in the United States without sponsorship and able to visit a New York or Buffalo office periodically.

Preferred Qualifications

• Portable book of business.
• Familiarity with HUD programs.
• Experience with GSE financing.
• Experience with GP/LP acquisitions.

Compensation & Benefits

• Base salary: $300,000 to $400,000 annually.
• Visa sponsorship is not available.

Location

• Remote within the United States.
• New York City as the primary location.
• Periodic visits to an office in New York City or Buffalo.