Associate / Sr. Associate, Regional Development (Affordable Housing/LIHTC)

Lincoln Avenue Communities Job Opportunity

Welcome to Lincoln Avenue Communities (LAC) a leading, mission-driven real estate private equity firm dedicated to strengthening communities through the development and preservation of affordable housing.

As a vertically integrated developer, investor, and long-term operator, we deliver sustainable, high-quality homes to lower- and moderate-income individuals, seniors, and families across 33 states. Our growing portfolio more than 200 properties and 31,000+ homes reflects our commitment to long-term impact, operational excellence, and resident well-being.

LAC is proud to be recognized as an industry leader, recently ranked No. 1 on Affordable Housing Finance's 2025 AHF 50 list of top developers. Our approach combines strategic investment, thoughtful design, and community partnerships to deliver housing solutions that foster stability, opportunity, and resilience.

About This Role

Our Regional Development team is growing, and we're open to candidates at either the Associate or Senior Associate level for this opportunity. As an Associate/Senior Associate, you'll increase capacity across the team by supporting Regional Project Partners in advancing affordable housing developments from early-stage planning through stabilization. Working in a lean, highly collaborative environment, you'll contribute across every phase of the project lifecycle, partnering closely with third-party consultants and LAC's Originations, Finance, Legal, Asset Management, and Construction teams.

You'll help drive projects toward successful and timely closings, support strong portfolio performance, and capture lessons learned to improve execution across future developments.

This is an excellent opportunity for a real estate professional with exposure to affordable multifamily development who is looking to strengthen project management skills and gain hands-on experience across the full development lifecycle.

This role reports to a Director and is based in Santa Monica, CA. Minneapolis-based candidates will also be considered. Exceptional and highly qualified remote candidates may be considered if they are able to travel.

What You'll Do

• Prepare initial analysis of potential development opportunities, including scoring review, amenity identification, environmental factors, etc.
• Track development approval timelines and coordinate with internal and external stakeholders to ensure due diligence items are completed and delivered on schedule. Support financing partners and consultants from site control through closing while maintaining accurate development schedules.
• Coordinate and prepare financing applications, including LIHTC, RAD, HOME, CDBG, AHP, and other public and private funding sources, as required.
• Set up and monitor project budgets and construction progress, and coordinate funding draws in collaboration with LAC Construction, Finance, and external partners.
• Manage financing closing checklists and maintain accurate, up-to-date reporting in internal systems (e.g., Dealpath, Smartsheet).
• Ensure clear documentation and tracking of zoning requirements, LIHTC commitments, and financing application assumptions.
• Support cross-functional development team members with contract and proposal reviews, accounts payable coordination, and engagement with third-party partners, including architects, property managers, insurance providers, and general contractors.
• Use AI tools to support project analysis, documentation, and reporting across development workstreams, with appropriate review for accuracy.
• Perform other related duties as assigned.