About the Company
At Steadfast City Economic & Community Partners (www.steadfastcity.com), we are an economic development, community development, and non-profit consulting firm. We help businesses and real estate developers secure economic incentives when they expand or develop real estate. We also help communities, businesses, and community development organizations solve problems such as redeveloping/developing real estate, determining market feasibility for proposed projects, and performing planning and development related services. We work with organizations to secure New Markets Tax Credits (NMTC) to help finance facilities and impactful projects in low-income neighborhoods. Along with NMTC support, we assist non-profits with overall positioning and fund-development/operational strategy.
We got started because we saw the opportunity to weave together government, business, economic development, real estate, social, and philanthropic sectors in a more aligned and impactful manner. We exist because we have a strong desire to elevate businesses who create jobs, real estate developers who create and rebuild neighborhoods, cities who need development, organizations working to effectuate positive economic and social change, and people who benefit from all of this occurring. Through our talents we hope to bring about positive economic and social change and better outcomes for all of our business, real estate, community, and non-profit clients. We exist for a higher purpose, to have an impact in everything we do.
About the Role
Steadfast City is seeking an experienced team member to provide critical support to clients seeking New Markets Tax Credit (NMTC) allocations to finance community, business, and real estate projects. We are seeking an individual experienced in the NMTC industry who can work with project sponsors throughout the life of a NMTC project from determining NMTC viability, “pitch deck” creation, crafting project narratives, quantifying low-income community (LIC) impacts, marketing the project to potential Community Development Entities (CDEs), socializing the deal to potential NMTC investors, conducting CDE/investor meetings to discuss NMTC projects, representing the project at NMTC conferences, completing intake forms, securing allocation term sheets, and assisting the clients through the NMTC closing process.
We are looking for an excellent communicator with great time management skills and experience in securing NMTC allocations for Qualified Active Low-Income Businesses (QALICBs). The ideal candidate excels in writing, research, document control, and one-on-one communication with clients. Experience with financial analysis, community development, tax credit compliance, capital stacks and knowledge of real estate development is a plus.
The NMTC Manager will work under the direction of the Chief Project Officer on NMTC QALICB projects from inception to allocation to closing and compliance. The NMTC Manager will work closely with the compliance team to effectively and efficiently transition projects from closing to compliance. The ideal candidate will be comfortable communicating and collaborating with colleagues across the organization, clients, and project stakeholders. This position can be primarily remote, but will require some travel, and reports to professionals in St. Louis, MO.
Locations: We are open to talent from any remote location, but show preference to our physical office locations listed below:
Apply via email at Jason@steadfastcity.com