Affordable Housing Acquisition & Development Associate

KCG Companies, LLC; Indianapolis (IN); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Health Care Plan (Medical, Dental &amp

Vision)

Retirement Plan (401k, IRA)

Life Insurance (Basic, Voluntary &

AD&D)

Paid Time Off (Vacation, Sick &

Public Holidays)

Short Term & Long Term Disability

Job summary

KCG Companies, LLC in Indianapolis is seeking an Acquisition Development Associate to support the evaluation, underwriting, due diligence, and execution of affordable multifamily housing opportunities.

You will work across budgets, financial models, regulatory filings, and coordination with internal teams, financing partners, and public agencies to advance LIHTC transactions through closing and stabilization.

Qualifications

• Bachelor’s degree or equivalent combination of education and relevant experience.
• Degree in Business, Real Estate, Finance, Architecture, Urban Planning, or Engineering preferred.
• At least two years of relevant experience in real estate development, acquisitions, affordable housing, finance, underwriting, project management, or a related field.

Responsibilities

• Coordinate LIHTC acquisition and development activities, including due diligence, site visits, state housing agency requirements, HUD-related submissions, relocation planning, soft-funding applications, and coordination with internal KCG departments.
• Assist in identifying and evaluating affordable multifamily acquisition and development opportunities, including underwriting and analysis of project feasibility.
• Prepare, update, and analyze financial models, operating budgets, development budgets, and other financial information used in evaluating and advancing prospective transactions.
• Research and track market, regulatory, and financing information relevant to acquisition decisions, including Private Activity Bond availability, state tax credits, soft-funding programs, property tax exemptions, and other state-specific resources.
• Coordinate and review third-party due diligence materials, which may include market studies, rent comparability studies, appraisals, environmental reports, geotechnical reports, surveys, engineering reports, architectural materials, design documents, and marketing-related materials.
• Assist with the preparation and submission of initial and final tax credit applications, HUD submissions, financing applications, and other materials required by governmental agencies, financing partners, or other stakeholders.
• Assist with contract preparation, transaction documentation, and negotiations related to potential acquisitions, under the direction of senior team members and legal counsel as appropriate.
• Prepare materials and presentations for Investment and Operations Committee meetings and other internal approval processes.
• Manage and maintain project information throughout the project lifecycle using KCG-approved systems and software, including DealPath or successor platforms.
• Assist with closing-related due diligence and coordination involving debt providers, equity partners, public agencies, consultants, and internal KCG stakeholders.
• Prepare or assist with required reports and submissions to state housing finance agencies and other governmental or financing entities.
• Assist with presentations and supporting materials for community meetings, governmental approvals, and other external stakeholder processes.
• Maintain an understanding of assigned projects from initial sourcing through acquisition, development, closing, construction, and stabilization, as applicable.
• Communicate project status, risks, deadlines, and outstanding items to appropriate internal and external stakeholders.

Skills

Strong organizational skills

Analytical skills

Communication skills

Project management

Education

Bachelor’s degree or equivalent

Business, Real Estate, Finance, Architecture, Urban Planning, or Engineering preferred

Tools

DealPath

Job description

KCG Companies, LLC in Indianapolis is seeking an Acquisition Development Associate to support the evaluation, underwriting, due diligence, and execution of affordable multifamily housing opportunities.

You will work across budgets, financial models, regulatory filings, and coordination with internal teams, financing partners, and public agencies to advance LIHTC transactions through closing and stabilization.