Tax Credit Specialist (LIHTC)

Company: SOME
Location: Washington
Posted on: April 1, 2025

Job Description:

SOME (So Others Might Eat) provides material aid and comfort to our vulnerable neighbors in the District of Columbia, helping them to break the cycle of poverty and homelessness through programs and services that save lives, improve lives, and help to transform the lives of individuals and families, their communities, and the systems and structures that affect them. We meet immediate needs with food, clothing, and healthcare and offer the tools one needs to live with hope, dignity, and greater independence.SOME (So Others Might Eat) is seeking a full-time Tax Credit Specialist to support our Property Management department.Position Description: The Tax Credit Specialist's primary function is to provide expertise and guidance on tax credit programs, particularly in relation to affordable housing. The Tax Credit Specialist will ensure compliance with all relevant tax credit regulations and guidelines. As a Tax Credit Specialist, you will conduct thorough reviews of documentation and ensure accurate record-keeping and preparation and submission of tax credit applications and certifications. Lastly, the Tax Credit Specialist will ensure all tax credit recertifications are completed within the required 120 days.Required: High School Diploma and 3-5 years of experience.Preferred: Associate's Degree - LIHTC (Low-Income Housing Tax Credit); Tax Credit Certification - If the applicant does not possess a certification, he/she must take and pass the exam within the first year of employment.Required License/Certification: N/ASchedule: Monday - Friday, 8:00 am - 4:30 pm and one (1) late day per week, from 11:00 am - 7:30 pm (40 hours per week)Knowledge/Skills/Abilities Required:

• Knowledge of tax credit compliance and DCHA
• Knowledge of OneSite and Kwik Tag (electronic filing systems)
• Must be well organized and detail-oriented
• Must be able to work well under pressure
• Excellent listening, verbal, and written communication skills
• Must be familiar with housing management, Low-Income Housing Tax Credit Program, and comply with fair housing laws
• Self-Motivated
• Assist with applications - Ensure all application documents are complete and correct. Submit tax credit documents to Windsor and complete the required corrections
• Send reminder notices as needed
• Must be able to calculate income and assets in compliance with SOME and industry standards
• Complete all Tax Credit recertifications in a timely manner
• Able to work independentlyExpected Contributions: Compliance
  • Collaborate with internal teams and external partners to optimize tax credit utilization
  • Stay updated on changes in tax credit laws and regulations and communicate their impact to stakeholders
  • Conduct regular audits and inspections to ensure adherence to tax credit requirements
  • Provide training and support to staff members on tax credit processes and compliance
  • Serve as a knowledgeable resource for inquiries related to tax credits and affordable housing
  • Completes all tax credit move-in certifications and recertifications in a timely manner. Sends reminder notices as needed. Must be able to calculate the income and assets in compliance with SOME and industry standards
  • Assist with ensuring property compliance with the Federal Low-income tax credit program
  • Communicate to ensure appropriate data collection as the tax credit is created and updated
  • Adheres to SOME's compliance and deadlines for documentationReports to: Property ManagerTo Apply: Go to our career page at and click on the search icon to locate this position. Follow the instructions to complete your online application profile to be considered. No phone calls, please.Position Designation: This position is designated as Safety Sensitive. You may be subject to drug testing prior to or during your employment with SOME. In this position, you may be disqualified from employment based on the presence of marijuana in test results, even if you possess a medical card authorizing the use of medical marijuana.SOME (So Others Might Eat) is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, national origin, sex, gender identity or expression, sexual orientation, age, marital status, personal appearance, family responsibilities, genetic information, disability, matriculation, political affiliation, veteran status, or liability for service in the Armed forces of the United States. SOME, Inc. is also a Drug-Free Workplace.About the companySOME is an interfaith, community-based organization that exists to help the poor and homeless of our nation's capital. Each day, SOME is restoring hope and dignity one person at a time. We invite you to join us.
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Keywords: SOME, Washington DC , Tax Credit Specialist (LIHTC), Accounting, Auditing , Washington, DC