The posting
At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing! Do you have a passion for Affordable Housing? The Multifamily Targeted Affordable Housing Low Income Housing Tax Credits (LIHTC) Senior Manager is seeking a Senior Associate to join the team in McLean, VA and help lead Freddie Mac’s LIHTC equity transactions.
The person will join the LIHTC Equity Team, which is responsible for sourcing and closing complex LIHTC equity financings for affordable housing. The Senior Associate will help the team with the origination, structuring and performing analysis of potential investments. Further, they will help build and maintain external relationships to allow Freddie Mac to successfully deploy LIHTC investment capital.
Join our smart, creative and dedicated team and you’ll do important work for the housing finance system.
Our Impact:
- The LIHTC Equity team is responsible for sourcing, structuring, and closing complex equity financing solutions for investments in affordable housing through a network of LIHTC syndicators.
- A central theme across all our LIHTC Equity deals is an underlying mission to provide a source of liquidity, stability, and affordability to the affordable housing rental markets.
- Work collaboratively with the LIHTC Equity Credit, Legal, Capital Markets and Asset Management groups, providing clear deal analysis to ensure seamless executions.
Your Impact:
- The Senior Associate works directly with the Senior Manager to drive deals to a successful close.
- You will work with various internal stakeholders to help ensure alignment and efficiency across various business lines.
- You will work with syndicators, LIHTC sponsors and other external parties to assess the optimal, most impactful investments for Freddie Mac.
- You will think creatively to help identify and drive improvements for deal processes, reporting, and analysis.
- You will take responsibility for deals, as well as working with the team’s Analysts to ensure constancy and accuracy of deal-level data across various reporting and systems.
Qualifications:
- Bachelor’s Degree in Business, Real Estate, Economics, Finance, Urban Planning or related field
- Multifamily finance experience is required and LIHTC (finance and/or development) experience is highly preferred
- 2-3+ years experience
- Microsoft Excel proficiency; familiarity with Copilot and/or other AI tools
- Understanding of and familiarity with Multifamily construction and development process
Keys to Success in this Role:
- Knowledge of the LIHTC Equity, Affordable Housing and Multifamily industry
- Strong oral and written communication skills
- Strong analytical skills
- Willingness to ask questions and think creatively
- Ability to work independently, review work products before submitting, and provide dynamic solutions
- Ability to multitask and respond quickly to time-sensitive situations
- Building and managing relationships
- Thinking like an investor
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $108,000 - $160,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
