The Pennsylvania Housing Finance Agency (PHFA) is seeking a Tax Credit Allocation Officer II with 2-5 years of relevant experience to oversee the completion of essential documentation related to Low-Income Housing Tax Credit developments. The role entails reviewing complex financial documents, ensuring compliance with federal regulations, and assisting in the training of junior officers
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 and the Agency’s Qualified Allocation Plan and Program Guidelines.
Responsibilities include tracking requirements and deadlines, training/assisting with training Tax Credit Allocation Officer I, and determining eligible basis and tax credits.
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 to oversee the completion of essential documentation related to Low-Income Housing Tax Credit developments. The role entails reviewing complex financial documents, ensuring compliance with federal regulations, and assisting in the training of junior officers.
Skills & Requirements
Must-have
Internal Revenue Code Section 42
Qualified Allocation Plan
Cost Certification Packages
Carryover Agreement review
Restrictive Covenant Agreement review
Nice-to-have
Customer focus
Passion for work
Team collaboration
Self-development focus
Key Requirements
2-5 years relevant professional experience
Bachelor of Arts degree
Theoretical knowledge through education and training