Senior Associate Attorney - Affordable Housing

This California boutique law firm is based in San Francisco Bay. Established in 1993 ,the firm is widely known as one of the top law firms specializing in the field of affordable housing, and is nationally recognized for its expertise in the low income housing tax credit program and in other affordable housing finance programs. The firm primarily represents nonprofit affordable housing developers and community development organizations with general real estate needs, large real estate financing transactions, and issues related to syndication of low income and new markets tax credits.

The firm fosters a collegial, small law firm environment. Its personnel are distributed: 5 attorneys, a project coordinator and an administrative staff member are based out of the San Francisco office, working fully onsite or hybrid schedules; and 6 attorneys, 3 project coordinators and 2 administrative staff members work remotely. The firm maintains a fun and exciting practice and seeks employees who bring intelligence, curiosity, enthusiasm and commitment to our high standards of performance and client services.

Benefits:

•  Excellent medical insurance
•  Competitive salaries and bonuses
•  401k with 6% matching
•  Generous profit sharing
•  Option to work remote from anywhere
•  All equipment needed is supplied

Summary:
The Senior Associate will specialize in affordable housing finance and real estate, guiding clients through acquisitions, financing, and syndication processes. Represent non-profit affordable housing developers in complex real estate development projects. This role will work closely with lenders and investors to assist clients on structuring real estate transactions utilizing various financing sources including HUD programs, the Low Income Housing Tax Credit (LIHTC), California Department of Housing and Community Development loan and grant programs, tax-exempt bonds, new markets tax credits, and local programs across California.

Responsibilities:

•  Apply advanced legal analysis & transactional skills in real estate, corporate governance, secured transactions, and partnership tax.
•  Manage workload, supervise project coordinators/junior associates, and build client relationships.
•  Review LOIs, track issues, spot critical points for partner input.
•  Master economic projections, identify inconsistencies, solve deal-related issues.
•  Write opinions with minimal oversight.
•  Lead/supervise closing logistics (escrow, reports, final docs).
•  Communicate effectively internally & externally, cultivate client and staff relationships.
•  Manage time effectively, delegate tasks, oversee projects done by project coordinators, junior associates and administrative staff members.

Skills Needed:

•  Well-organized, analytical team-builder with good communication and multitasking skills, able to prioritize and balance work alignments and assignments with high attention to detail
•  Ability to proofread typed material for contextual, grammatical, typographical and spelling errors
•  Works well under supervision and independently with ability to liaise among partners, attorneys and clients
•  Good communication and interpersonal skills, enthusiastic team player attitude and strong work ethic; and
•  Strong working knowledge of IT systems and typical office software, including Microsoft suite (Teams, SharePoint, Outlook, Word and Excel); and Google Sheets and Docs

Requirements:

•  JD from accredited institution
•  Preferably licensed to practice, or willing to get licensed, with the California Bar
•  7+ years' experience in an Affordable Housing practice setting
•  Experience with the acquisition, development, and financing of multi-family housing projects
•  Experience in negotiating and drafting complex legal documents
•  Experience with LIHTC and Tax-Exempt Bonds