Development Associate, LIHTC & Affordable Housing

L+M Development Partners LLC; New York (NY); On-site; USD 90,000 - 140,000; Full time

Job summary

L+M Development Partners LLC seeks a development and finance professional to lead expansion of its LIHTC new construction platform beyond New York. You will collaborate with LMFM and LMDP teams to evaluate markets, underwriting, and financing strategies.

The role focuses on responding to RFQs/RFPs, evaluating acquisition opportunities, and coordinating with public agencies, lenders and equity investors to grow the pipeline and ensure project viability.

Qualifications

• BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, Urban Planning or related field.
• 3+ years of affordable housing real estate development and finance.
• LIHTC and tax-exempt bond experience preferred.

Responsibilities

• Develop and implement strategies to expand L+M’s LIHTC new construction into Texas, the Southeast, Mid-Atlantic, Florida and Ohio.
• Lead screening and underwriting of development opportunities, monitoring risk and adapting to financing conditions.
• Support regional leads on evaluation of LIHTC and debt proposals, term sheets, and project structuring.
• Evaluate acquisitions and JV opportunities with other operators and manage integration where applicable.
• Collaborate with regional leads on RFQs/RFPs to generate additional pipeline.
• Perform financial analysis for special projects, exploring new product types and structures.

Education

BS or MS in Real Estate, Business, Finance, Marketing, Civil Engineering, Architecture, Urban Planning or related field

Job description

L+M Development Partners LLC seeks a development and finance professional to lead expansion of its LIHTC new construction platform beyond New York. You will collaborate with LMFM and LMDP teams to evaluate markets, underwriting, and financing strategies.

The role focuses on responding to RFQs/RFPs, evaluating acquisition opportunities, and coordinating with public agencies, lenders and equity investors to grow the pipeline and ensure project viability.