Senior Staff Attorney

2 days ago

Columbia MD United States Enterprise Community Partners Full time

Working at Enterprise

At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.

Job Description Summary

The legal department supports all of Enterprise, focused on supporting the following areas of business:

  1. Tax Credit Syndication - Enterprise forms funds with institutional investors, which funds invest in projects that generate low-income housing tax credits ("LIHTC"). The fund forms a limited partnership with the sponsor of the project.
  2. Real Estate Funds - Enterprise forms real estate funds, which invest in affordable housing.
  3. Asset Management - Enterprise asset manages the portfolio of projects in which the funds invest.
  4. Loan Fund - Enterprise's CDFI subsidiary, Enterprise Community Loan Fund provides innovative capital to connect affordable housing projects to community assets that expand resident opportunity.
  5. Solutions - Enterprise implements programs and provides capacity building and technical assistance to mission-aligned organizations.

Job Description

The Senior Staff Attorney will work with our Deputy General Counsel in connection with the following:

  • Provide legal support for the Asset Management Department, which includes advising on partnership agreements, resolving disputes with sponsors, reviewing loan documents, leases, easements and other real estate documents, and providing counsel on workouts and dispositions;
  • Draft and negotiate partnership agreements with investors for upper-tier tax credit deals and private equity agreements for lower-tier partnerships;
  • Draft and negotiate loan documents and complete settlement of loans for Enterprise Community Loan Fund;
  • Perform other duties, as assigned, including for Enterprise Community Partners and the other divisions;
  • Conduct legal research on various issues, as needed; and
  • Occasional travel.

Qualifications:

  • Undergraduate degree and J.D. or LL.M.; a minimum of two years of experience in-house or with a law firm doing transactional work;
  • Experience as a transactional attorney and in particular, in drafting and negotiating partnership agreements, contracts, grant agreements and loan documents preferred;
  • Experience with real estate, housing, public funding and low-income housing tax credits preferred;
  • Excellent written and verbal communication skills;
  • Ability to develop personal relationships with co-workers and clients;
  • Strong critical thinking and analytical skills, including ability to define problems and strategize solutions while considering legal issues and risks; and
  • Ability to work with multiple clients and establish priorities and desire to work in a team environment.

Total Rewards at Enterprise:

You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family.

The base salary for this role is $130,000 to $150,000, depending on level of skills and experience.

The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.

At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

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