Director, Credit


The Director, Credit will analyze risk related to affordable rental housing investments utilizing Low-Income Housing Tax Credit (LIHTC) financing. The Director, Credit will work in a fast-paced environment as part of the Credit department, which works closely with all aspects of EHCI’s business. Responsibilities require the application of the individual’s expertise with financial structuring, real estate development, market analysis, sponsor review, tax matters and business processes. The Director, Credit must be able to work in a time-sensitive manner that demands attention to detail, conscientiousness, creativity, and flexibility. In addition to these attributes, the position requires an ability to work collaboratively to evaluate each transaction thoughtfully and make recommendations in response to any risk-related issues identified.

***We have 1 opening which can be located in either Boston, MA, Columbia, MD, Chicago, IL, Cleveland, OH, New York, NY, Los Angeles, CA, Portland, OR as well as other Enterprise office locations.

Various locations


  • Review and evaluate Preliminary Investment Reviews (PIRs), Market Analysis (MAs), Investment Analysis (IAs) and Closing Memos along with all other supporting documentation for proposed investments.
  • Act as a resource throughout the acquisition and underwriting process to evaluate risk factors.
  • Provide Credit oversight for investor documentation and third-party legal review as required for fund closing and/or deal placement
  • Contribute to the business’s knowledge of evolving risk issues and industry responses.
  • Perform sponsor capacity evaluations for new and high-volume partners as needed.
  • Interact with investors as needed.
  • Participate in site visits as needed.


Share in the responsibility for Credit’s other general duties, including but not limited to:

  • Manage external resources such as REIS and ESRI accounts and third-party market analysts.
  • Maintain and update policies and procedures.
  • Support the sponsor financial review process during peak periods.
  • Assist with process improvement and document maintenance for the IA and MA forms.
  • Provide training and support to new Underwriters and Analysts.
  • Consult to Acquisitions Associates on risk issues related to due diligence.
  • Bachelor’s Degree in Urban Planning, Finance, or equivalent and 10+ years’ relevant experience.
  • Excellent analytical skills and knowledge of LIHTC equity underwriting and other real estate feasibility analyses.
  • Capacity to communicate effectively in both written and verbal forms.
  • Ability to maintain positive, productive working relationships with both internal and external partners.
  • Proven facility with coordinating complex activities, prioritizing conflicting demands, and meeting deadlines.
  • Must be highly motivated, be able to work independently.
  • Willingness to travel as needed.
Job Type