National Equity Fund, Inc. (NEF), a leading non-profit syndicator of low-income housing tax credits, is seeking an Originations Analyst for its Chicago office. The primary function of this position is to provide analytical support to the originators on a regional team in the underwriting of low-income housing tax credit investments. The analyst will assist in evaluating the initial feasibility of investments, preparing financial projections and preparing engagement or commitment letters.  Candidate must be able to analyze a project’s financing, development budget, construction schedule, operating expenses, debt service, market comparability and developer capacity, as well as utilize and become proficient in NEF’s pricing and underwriting model. Analyst will be expected to gain a thorough understanding of tax laws related to the LIHTC and Historic Credits and become familiar with other affordable housing financing tools, including CDBG, HOME, AHP, and other local funds. 

The ideal candidate will have a bachelor’s degree in business, economics, urban planning or finance.  Minimum two to four years’ experience in underwriting and structuring real estate projects.  Applicant must have strong analytical skills, as well as an understanding of community development and a commitment to working with diverse, low income communities. Prior experience with affordable housing loans or investments and knowledge of state and local housing finance programs a plus.  Skill sets must include excellent organizational skills with attention to detail, exemplary oral and written communication and a high level of proficiency with Excel, Word, and PowerPoint.  Frequent travel will be required.      

We offer a competitive salary, along with a comprehensive benefits package.

Submit resume and cover letter with salary requirements via fax to (312) 360-0804, e-mail to rhall@nefinc.org or mail to                National Equity Fund, Human Resources Department, 10 South Riverside Plaza, Ste. 1700, Chicago, IL  60606.

NEF IS AN EQUAL OPPORTUNITY EMPLOYER