Tax Credit Allocation Officer Ii

pennsylvaniahousingfinanceagency.biz

Internal revenue code section 42
Qualified allocation plan
Cost certification packages
The Tax Credit Allocation Officer II is responsible for the completion and/or review of Carryovers, Indenture of Restrictive Covenants, Carryover/10% tests, and Cost Certification packages for Low-Income Housing Tax Credit Developments

Job Summary

  • The Tax Credit Allocation Officer II is responsible for the completion and/or review of Carryovers, Indenture of Restrictive Covenants, Carryover/10% tests, and Cost Certification packages for Low-Income Housing Tax Credit Developments.
  • This role requires becoming well versed on Section 42 of the Internal Revenue Code, its amendments, and relevant Treasury Department regulations.
  • The position involves reviewing awarded Tax Credit applications, verifying documentation, and determining eligible basis and tax credits to be allocated.

Matching Summary

The Tax Credit Allocation Officer II is responsible for the completion and/or review of Carryovers, Indenture of Restrictive Covenants, Carryover/10% tests, and Cost Certification packages for Low-Income Housing Tax Credit Developments.

Skills & Requirements

Must-have

  • Internal Revenue Code Section 42
  • Qualified Allocation Plan
  • Cost Certification Packages
  • Carryover Agreements
  • Restrictive Covenant Agreements

Nice-to-have

  • Customer focus
  • Team collaboration
  • Self-development focus

Key Requirements

  • 2-5 years relevant professional experience
  • Bachelor of Arts degree
  • Theoretical knowledge through education and training

Work Rights

Not specified

Tailored Resume

Cover Letter