Tax Credit Allocation Officer Ii

Phfa Us

Knowledge of section 42 irc
Review of carryover agreements
Cost certification package review
The Tax Credit Allocation Officer II is responsible for completing and reviewing key documentation and tests related to Low-Income Housing Tax Credit developments while ensuring compliance with federal regulations and agency guidelines

Job Summary

  • The Tax Credit Allocation Officer II is responsible for completing and reviewing key documentation and tests related to Low-Income Housing Tax Credit developments while ensuring compliance with federal regulations and agency guidelines.
  • The role involves becoming well versed in Section 42 of the Internal Revenue Code and the Agency’s Qualified Allocation Plan, as well as maintaining accurate project information and reporting concerns to supervisors.
  • PHFA is committed to a diverse workforce and equal opportunity employment, fostering a workplace where all employees receive equal opportunities and honoring equitable treatment in all programs and services.

Matching Summary

The Tax Credit Allocation Officer II is responsible for completing and reviewing key documentation and tests related to Low-Income Housing Tax Credit developments while ensuring compliance with federal regulations and agency guidelines.

Skills & Requirements

Must-have

  • Knowledge of Section 42 IRC
  • Review of Carryover Agreements
  • Cost Certification package review
  • Tracking tax credit deadlines
  • Use of IBM computer systems

Nice-to-have

  • Training and assisting junior staff
  • Participation in educational seminars
  • Customer focus and passion
  • Internal and external correspondence

Key Requirements

  • 2-5 years relevant professional experience
  • Bachelor of Arts degree
  • Knowledge of Internal Revenue Code Section 42
  • Experience with tax credit compliance
  • Ability to review complex documentation

Work Rights

Not specified

Tailored Resume

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