Development Associate — Affordable Housing & Multifamily Finance

Elmington; Nashville (TN); On-site; USD 80,000 - 115,000; Full time

Job summary

Elmington Capital Group is seeking a Development Associate to drive the development and acquisition of multifamily and affordable housing across the United States. You will work with senior leadership from site selection through groundbreaking, coordinating with partners to advance transactions toward closing.

The role emphasizes leading LIHTC, bond and public funding applications, rigorous financial underwriting, and managing complex development timelines while maintaining strong external

Qualifications

• Bachelor's degree required in Finance, Real Estate, Economics, Business, or related field.
• 2–5 years of experience in real estate development, acquisitions, or finance.
• Knowledge of LIHTC, tax-exempt bonds, HUD, or other affordable housing financing programs preferred.
• Strong Excel, financial modeling, and analytical skills.
• Exceptional attention to detail and ability to manage complex processes with accuracy.
• Strong written and verbal communication skills, including experience working with external partners.

Responsibilities

• Market Research and Deal Sourcing: Identify and evaluate development and acquisition opportunities through market research, site selection, and broker/landowner outreach.
• Underwriting and Finance: Lead financial underwriting and maintain detailed models for LIHTC, mixed-finance, and market-rate developments.
• Development Execution: Lead LIHTC, bond, and other public funding applications; coordinate design, entitlements, and permitting; manage external communication with lenders, investors, attorneys, consultants, and development partners; track closing deliverables.

Skills

Financial modeling

Analytical skills

Communication skills

Problem-solving

Attention to detail

Education

Bachelor's degree in Finance/Real Estate/Economics/Business

Tools

Excel

Job description

Elmington Capital Group is seeking a Development Associate to drive the development and acquisition of multifamily and affordable housing across the United States. You will work with senior leadership from site selection through groundbreaking, coordinating with partners to advance transactions toward closing.

The role emphasizes leading LIHTC, bond and public funding applications, rigorous financial underwriting, and managing complex development timelines while maintaining strong external