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

Lincoln Avenue Communities

Santa Monica (CA)

On-site

USD 100,000 - 135,000

Full time

14 days+

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Benefits offered by this job

Medical, Dental & Vision Insurance (81

401(k) with company matching

Paid time off & holidays

Parental leave

On-site gym in Santa Monica

Company events

Job summary

Lincoln Avenue Communities (LAC) is seeking an Associate or Senior Associate for its Regional Development team in Santa Monica, CA. You will support affordable housing developments from early planning through stabilization, collaborating with Originations, Finance, Legal, Asset Management and Construction teams.

You’ll help drive closings, monitor schedules, coordinate financing (LIHTC, RAD, HOME, CDBG, AHP), set up budgets, and use AI tools to enhance analysis, documentation, and reporting with

Qualifications

3–5 years supporting real estate transactions or development (Associate level).
5–7 years supporting real estate transactions or development (Senior Associate).
Associate degree or bachelor’s degree with leadership in school or professionally (e.g., lender/investor/closing coord).
Proficient in AI tools, Microsoft Excel, Word, PowerPoint, and Adobe Acrobat.

Responsibilities

Prepare initial analysis of potential development opportunities including scoring and environment factors.
Track development approvals and coordinate with stakeholders to meet due diligence timelines.
Coordinate and prepare financing applications (LIHTC, RAD, HOME, CDBG, AHP).
Set up and monitor project budgets and construction progress; coordinate funding draws.
Manage closing checklists and reporting in internal systems (Dealpath, Smartsheet).
Ensure documentation of zoning, LIHTC commitments, and financing assumptions.

Skills

Detail-oriented

Self-starter

Cross-functional collaboration

Relationship building

Project management

Communication

Education

Associate or Bachelor's degree in Legal Studies/Paralegal or related field

Tools

Microsoft Excel

Word

PowerPoint

Adobe Acrobat

AI tools

Job description

About Lincoln Avenue Communities

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.

About Lincoln Avenue Communities

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

Requirements

What You Bring

Strong proficiency in Microsoft Excel
Highly detail- and process-oriented, with a demonstrated ability to keep development approvals and transactions on schedule
Self-starter who can work independently while collaborating effectively with internal teams and external partners
Proven ability to build strong internal relationships and work cross-functionally across peer groups
Commitment to LAC's double bottom line mission—delivering appropriate investor returns while creating stable, high-quality communities for residents
Demonstrated experience supporting real estate closings and/or coordinating legal documentation, with knowledge of or exposure to affordable housing development
Experience managing multiple projects simultaneously, with strong organizational and project management skills (including maintaining and executing closing checklists)
Proficiency using AI tools to streamline research, drafting, and data organization while maintaining strong judgment and attention to detail

Your Education And Experience

To be considered at the Associate level: 3-5 years of relevant experience supporting real estate transactions/development (e.g., lender, investor, developer, or closing coordination)
To be considered at the Senior Associate: 5-7 years of relevant experience supporting real estate transactions/development (e.g., lender, investor, developer, or closing coordination)
Associate degree or a bachelor's degree, Legal Studies/Paralegal program, or related field with demonstrated performance and leadership in school and/or professionally (ie lender, investor, developer closing coordinator role) is required.
Proficient in AI tools, Microsoft Excel, Word, PowerPoint, and Adobe Acrobat

Benefits

What We Offer

The expected base salary for the role at both levels is provided below. This represents the current range and is subject to change. To determine starting pay, we carefully consider a variety of factors, including primary work location and an evaluation of a candidate's skills, experience, market demands, and internal parity.

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