Role OverviewAs a Development Associate, you will play an active role in advancing projects from initial concept through closing, gaining meaningful experience across the full lifecycle of LIHTC and affordable housing transactions. This is a highly collaborative role that offers direct exposure to the people, decisions, and partnerships that move transactions forward. You will work closely with Originations and partner regularly with Asset Management, Construction, Legal, Finance, senior leadership, and third-party consultants to support successful outcomes across the portfolio.
What You Will Do
Work with deal teams to execute on a variety of complex transaction types spanning LIHTC new construction, re-syndications and acquisitions, with a focus on 4% LIHTC structure. Work closely within deal teams to assess market dynamics, determine financial feasibility, and structure complicated transactions. Assist in capital structuring to include obtain debt and equity financing, including LIHTC, Tax-exempt bonds, FHA and Agency debt, and other forms of subordinate or gap financing as needed.
Why It Might Be a Fit
This role is ideal for an early-career affordable housing professional who is energized by complex transactions, motivated by mission-driven work, and eager to build deep technical expertise within a stable, growing platform with a strong national pipeline.
Requirements
- Bachelor's degree in business, finance, real estate, development, or related field
- 2+ years of experience in affordable housing development
- Background in real estate investment banking, private equity, or with a for-profit real estate developer and owner/operator
- Highly proficient in investment analysis using Microsoft Excel models and investment presentation experience
Benefits
- Additional compensation offered in the form of performance-based bonuses
- Full medical, dental, and vision coverage for you and your dependents
- 401(k) plan with employer matching and immediate vesting
- Life and disability insurance
- Relocation assistance
- Generous PTO, holidays, and sick time
- Lunch provided daily
- On-site gym facility
- Paid parental leave
- Employee referral incentives
- Significant firm investment in individual and team-oriented growth
- Fun company and team-building events
- Continuous learning and development opportunities
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