Tax Credit Allocation Officer Ii

pahousing.us

**
Internal revenue code section 42
Qualified allocation plan
Cost certification packages
** The Pennsylvania Housing Finance Agency (PHFA) is seeking a Tax Credit Allocation Officer II with 2-5 years of relevant experience in tax credit development. The role involves reviewing and processing documentation related to Low-Income Housing Tax Credits and providing training to junior staff while ensuring compliance with federal regulations. **

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.
  • This role requires becoming well versed on Section 42 of the Internal Revenue Code, Agency's Qualified Allocation Plan, and Program Guidelines.
  • The position involves reviewing project aspects such as costs, basis, fees, and ranking criteria to ensure continued compliance with guidelines and federal regulations.

Matching Summary

Match Score: 75

** The Pennsylvania Housing Finance Agency (PHFA) is seeking a Tax Credit Allocation Officer II with 2-5 years of relevant experience in tax credit development. The role involves reviewing and processing documentation related to Low-Income Housing Tax Credits and providing training to junior staff while ensuring compliance with federal regulations. **

Skills & Requirements

Must-have

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

Nice-to-have

  • Passion and customer focus
  • Self-development focus
  • Team collaboration
  • Equitable treatment and elimination of discrimination

Key Requirements

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

Work Rights

Not specified

Tailored Resume

Cover Letter