LIHTC & Community Development Lending Associate

JPMorganChase; Houston (TX); On-site; USD 75,000 - 110,000; Full time

Job summary

JPMorganChase's Community Development Banking team is seeking a detail-oriented Associate to support underwriting and approval for acquisition, construction, and permanent loans, coordinating with originations and risk.

The role focuses on gathering and analyzing client information, building profitability models, handling due diligence, and coordinating with Credit, CRELA, Legal, and other partners to support closing readiness.

Qualifications

• Experience in community development real estate lending or investing.
• Underwriting LIHTC, subsidy layers, and construction/permanent financing.
• BA/BS degree.
• Strong analytical and financial modeling skills.
• Ability to manage multiple transactions and deadlines.
• Strong communication in person and on the telephone.
• Team player with adaptable prioritization.
• Excellent organizational and verbal/written communication.
• Commitment to CRA mission and community impact.

Responsibilities

• Gather, analyze, and maintain client, sponsor, and deal information, including system updates and record completeness.
• Support pitch preparation by helping evaluate deal terms, project budgets, market context, development team, and overall economics.
• Prepare LOIs/term sheets and related client documentation in partnership with the Credit Originator.
• Build draft profitability models and partner with the originations team to finalize outputs.
• Coordinate due diligence collection, organization, and checklist tracking across shared folders and workstreams.
• Facilitate appraisals and third-party reports by managing information flow and communicating costs/timelines, and next steps.
• Coordinate internal stakeholder communications (e.g., Credit, CRELA, Legal, and other partners) to support onboarding and closing readiness.
• Collect and review required documentation and coordinate KYC initiation and data submissions.
• Track sponsor exposure, pipeline activity, allocations, deal status updates, and production reporting inputs.
• Monitor deal progress and elevate issues that may impact closing or conversion timelines.

Skills

LIHTC underwriting

Underwriting experience

Financial modeling

Project management

Communication skills

Education

BA/BS degree

Tools

MS Word

Excel

PowerPoint

Outlook

Job description

JPMorganChase's Community Development Banking team is seeking a detail-oriented Associate to support underwriting and approval for acquisition, construction, and permanent loans, coordinating with originations and risk.

The role focuses on gathering and analyzing client information, building profitability models, handling due diligence, and coordinating with Credit, CRELA, Legal, and other partners to support closing readiness.