Partner or Of Counsel, LIHTC

Overview

A senior transactional attorney will lead complex affordable housing deals with a focus on Low-Income Housing Tax Credit (LIHTC) structures. This role works closely with firm leadership and legal teams to support the growth of a national affordable housing practice.

Responsibilities

• Lead affordable housing transactions involving 4% and 9% LIHTC allocations, tax-exempt bond financing, and multiple funding sources from engagement through closing.
• Manage client relationships and ensure deal execution for for-profit and nonprofit developers across the development process.
• Draft, negotiate, and close partnership agreements, operating agreements, loan documents, and other complex financing instruments.
• Structure transactions involving the requirements of Sections 42 and 142 of the Internal Revenue Code.
• Supervise associates and paralegals, manage deal teams, and contribute to training and a collaborative team culture.
• Partner with firm leadership on practice growth and national expansion.

Requirements

• Eight or more years of affordable housing or LIHTC transactional law experience, including independently managing deals from engagement through closing.
• Law firm experience.
• JD from an accredited law school.
• Active New York bar license or willingness to obtain one.
• Strong knowledge of Section 42 LIHTC and Section 142 tax-exempt bonds, including multi-source financing and 4% and 9% LIHTC transactions.
• Experience drafting and negotiating partnership agreements, operating agreements, and loan documents, along with managing developer relationships.
• Experience supervising legal teams and working collaboratively in a flat or cross-functional environment.
• Openness to periodic visits to a New York or Buffalo office.

Preferred Qualifications

• Familiarity with HUD programs such as RAD, GSE financing, or general partner and limited partner acquisitions.
• Portable LIHTC or developer-focused practice.

Compensation & Benefits

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

Location

Remote within the United States, with periodic visits to offices in New York City or Buffalo.