LIHTC Finance & Asset Management Intern

Deutsch Creative

St. Louis (MO)

On-site

USD 28,000 - 36,000

Part time

14 days+

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Job summary

Advantage Capital seeks a detail-oriented LIHTC Underwriting & Asset Management Intern in St. Louis, MO. You will assist in underwriting affordable housing transactions, review budgets and rent rolls, and monitor performance across construction to stabilization.

Learn LIHTC compliance and collaborate with asset managers, developers, and lenders on portfolio reporting. You will analyze operating results, review funds and draws, and help identify trends and risks while supporting internal teams in

Qualifications

Current undergraduate or graduate student pursuing a degree in finance, accounting, real estate, or a related field.
Strong interest in affordable housing, real estate finance, asset management, or community development.
Strong Excel skills and comfort working with formulas, financial data, and large spreadsheets.
Strong analytical, organizational, and problem-solving abilities, with exceptional attention to detail.
Clear, professional written and verbal communication skills and the ability to manage multiple assignments and deadlines.
Proficiency in Microsoft Excel, Word, and PowerPoint.
Prior coursework or experience in accounting, finance, real estate, or data analysis is preferred.
Familiarity with LIHTC, multifamily operations, affordable housing, or financial modeling is helpful but not required.

Responsibilities

Assist with underwriting and review of affordable housing transactions, including development budgets, sources and uses, operating pro formas, rent rolls, market studies, and third-party reports.
Support review of financial statements, operating results, construction draws, quarterly reports, and annual property budgets.
Compare actual property performance with underwriting assumptions, approved budgets, and prior-period results; identify meaningful trends and variances.
Assist in monitoring occupancy, rental income, operating expenses, debt-service coverage, reserve balances, liquidity, and other key performance indicators.
Support asset managers in preparing construction, lease-up, and stabilized-portfolio reports for internal stakeholders.
Research LIHTC, Section 8, HOME, state housing-credit, and other affordable-housing program requirements as needed.
Participate in internal meetings and, as appropriate, calls with developers, property managers, lenders, attorneys, and other transaction partners.