Director Tax Credit Development & Asset Management

LSS • Madison, WI

3d

About The Position

Lutheran Social Services (LSS) is seeking an experienced Director of Tax Credit Development & Asset Management to serve as a key leader within our housing and development portfolio. This role is responsible for overseeing and executing affordable housing developments from initial concept through entitlement, closing, construction, and stabilized occupancy. Projects include Low Income Housing Tax Credit (LIHTC) developments, HUD low-income housing projects, and market-rate communities. Reporting to the Vice President of Housing & Residential , this leader will guide all development functions, ensure financial soundness, and maintain strong partnerships with stakeholders, purchasers, and internal teams. This role directly supports the strategic expansion of LSS housing initiatives across Wisconsin and Upper Michigan.

Requirements

• Bachelor’s degree required; advanced degree or industry certifications (such as CPM) preferred.
• Minimum 5 years of progressively responsible experience in LIHTC development, affordable or market-rate multi-family development, or property management.
• Experience sourcing, structuring, and closing affordable housing transactions.
• Proven stakeholder relations experience.
• Leadership and supervisory experience required.
• Strategic thinking with ability to anticipate trends and shape planning.
• Strong relationship-building abilities.
• Demonstrated success in team leadership, accountability, and talent development.
• Expertise in underwriting, financial analysis, market studies, and reporting.
• Broad understanding of budgeting, systems, marketing, government relations, and operations.
• Excellent verbal, written, and listening communication skills.
• Strong ability to assess and resolve operational challenges.
• Knowledge of political and legislative environments.
• Strong communication and negotiation skills.
• Valid driver’s license and acceptable driving record.
• Ability to travel frequently within the region, including some overnight travel.
• Ability to work in both office and on-site environments.

Responsibilities

• Provide oversight and mentorship to colleagues, ensuring the mission and values of LSS are reflected in all operations.
• Apply and evaluate standards for program practices, performance, and outcomes with a strong ability to take ownership and drive results.
• Build and sustain open, collaborative relationships with federal, state, city, and county partners; congregations; and community groups.
• Maintain clear communication, resolve issues, and serve as a partner of choice.
• Collaborate with the Executive Team to develop strategic and operational plans.
• Regularly report progress, identify needed adjustments, and recommend solutions to meet objectives.
• Demonstrate deep understanding of LSS service purchasers.
• Analyze financial data, understand P&Ls and balance sheets, and ensure the region's financial health through effective resource management and timely reporting.
• Identify and evaluate growth opportunities in collaboration with the Vice President.
• Develop proposals for expanding LSS program offerings and create sustainable service models.
• Oversee program delivery and colleague performance.
• Evaluate staffing, structure, and operational efficiency to ensure high-quality services.
• Partner with all Business Services teams to leverage data, drive efficiency, and support consistency across the platform.
• Serve as the primary contact between development functions and business service units.
• Recognize, communicate, and implement necessary changes.
• Support internal and external stakeholders in navigating transitions effectively.
• Develop and execute a talent strategy to support growth, new program implementation, and staff development.
• Lead, coach, and retain high-performing teams.
• Develop and manage project schedules.
• Conduct site analysis and interpret WI and MI Qualified Allocation Plans for 4% and 9% LIHTC projects.
• Create and maintain financial models to evaluate feasibility and ensure desired outcomes.
• Recommend optimal partnership and financing structures.
• Identify and secure funding including debt, equity, tax credits, grants, and tax incremental financing.
• Prepare and coordinate funding applications.
• Collaborate with construction, architecture, and engineering teams.
• Prepare RFQ/RFP responses.
• Manage entitlements, permits, and third-party consultants.
• Track development expenses and manage financial requisitions.
• Attend development, site, public, and community meetings.
• Lead financial closings related to debt and equity.
• Provide oversight, leadership, coaching, and development for staff across assigned departments.
• Ensure accountability, training, performance evaluation, and alignment with organizational policies and goals.

Benefits

• Student Loan Support
• Public Service Loan Forgiveness (PSLF) eligibility as LSS is a nonprofit employer.
• Eligible student loans may be forgiven after 10 years of on-time payments through an income‑based repayment plan.
• Support provided for navigating PSLF requirements through Summer.
• Comprehensive Insurance
• Medical, dental, and vision coverage
• Flexible Spending Accounts for health care and dependent care
• Work-Life Balance
• Paid Time Off (PTO)
• 10 paid holidays
• Mileage reimbursement
• Financial Well‑Being
• 403(b) retirement savings plan with employee contribution options
• Priority placed on annual staff raises
• Early earned wage access through UKG Wallet
• Student loan tools and support through Summer, PBC
• Wellness & Support
• Premium access to the Calm app
• Employee Assistance Program (EAP)
• Service awards and employee recognition programs

What This Job Offers

• Job Type: Full-time
• Career Level: Director