Since restarting its Low-Income Housing Tax Credit (LIHTC) platform in 2018, Fannie Mae has invested over $4 billion in proprietary and multi-investor funds.  As a valued contributor on our dynamic team, you will be responsible for managing the origination of new proprietary and multi-investor fund LIHTC investments through our syndicator partners.THE IMPACT YOU WILL MAKE
The LIHTC Senior Underwriter role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:Working with our syndicator partners, communicate investment parameters, manage pipeline, and screen, model, price and negotiate letters of intent (LOIs) for multifamily LIHTC investments.As needed, underwrite and close proprietary and multi-investor fund investments, as well as negotiate and close proprietary fund agreements.Identify and assess the risk profile of equity investments to ensure risk is mitigated and objectives are met within appropriate credit, investment and regulatory guidelines.Coordinate with internal and external teams to develop key milestones to achieve a seamless execution of LOIs and secure investments.Assist the Senior Director, Director and Chief Operating Officer in managing and updating processes related to internal stakeholders such as multifamily legal, risk, operations, finance, accounting and audit.Working with management, recommend business solutions based on analysis of internal and market data.Actively participate on special project teams as needed.Travel periodically to visit prospective investments and markets.