Tax Credit Allocation Officer Ii

pahousing.info

Review carryover agreement and documentation
Knowledge of section 42 internal revenue code
Cost certification package review
The Tax Credit Allocation Officer II is responsible for the completion and review of Carryovers, Indentures 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 review of Carryovers, Indentures of Restrictive Covenants, Carryover/10% tests, and Cost Certification packages for Low-Income Housing Tax Credit Developments.
  • The role requires becoming well versed in Section 42 of the Internal Revenue Code and the Agency’s Qualified Allocation Plan and Program Guidelines to ensure compliance and accuracy.
  • The company is committed to diversity, equitable treatment, and maintaining a workplace where all employees receive equal opportunities.

Matching Summary

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

Skills & Requirements

Must-have

  • Review Carryover Agreement and documentation
  • Knowledge of Section 42 Internal Revenue Code
  • Cost Certification package review
  • Track tax credit deadlines and requirements
  • Use of IBM screen for project updates

Nice-to-have

  • Assist with training Tax Credit Allocation Officer I
  • Participate in educational seminars and classes
  • Prepare reports for internal and external requests
  • Attend internal staff meetings

Key Requirements

  • 2-5 years relevant professional experience
  • Bachelor of Arts degree
  • Familiarity with Internal Revenue Code Section 42
  • Experience with tax credit compliance and documentation

Work Rights

Not specified

Tailored Resume

Cover Letter