Development Coordinator OR Senior Development Coordinator at Lincoln Avenue Communities

Minneapolis, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

01 Jun, 26

Salary

115000.0

Posted On

03 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Microsoft Excel, LIHTC Affordable Housing Development, Project Management, Organizational Skills, Due Diligence, Financing Applications, Budget Monitoring, Construction Progress Tracking, Reporting, Contract Review, Proposal Review, Accounts Payable Coordination, AI Tools Proficiency, Detail-Oriented, Cross-functional Collaboration, Relationship Building

Industry

Real Estate

Description

About Lincoln Avenue Communities Lincoln Avenue Communities (LAC) is an entrepreneurial real estate development firm dedicated to building and strengthening communities nationwide. As a fully integrated developer, investor, and operator, we create sustainable, high-quality housing for lower- and moderate-income individuals, seniors, and families. Operating in 32 states, LAC’s portfolio includes more than 200 properties and over 36,000 units. We are focused on delivering long-term value—to our residents, our partners, and the communities we serve—through disciplined execution, thoughtful investment, and a commitment to quality affordable housing. About This Role Lincoln Avenue Communities (LAC) is actively recruiting for Development Coordinators OR Senior Development Coordinators to join our experienced team of real estate professionals developing high-quality affordable multifamily rental housing nationwide. With a strong and diverse pipeline, LAC is expanding its team to support continued growth. In this role, you will increase capacity across the development teams and support Regional Project Partners in advancing projects from early-stage planning through stabilization. Working within a lean, highly collaborative environment, this role will engage in all aspects of the development process, coordinating closely with third-party partners and LAC’s Originations, Finance, Legal, Asset Management, and Construction teams. This position follows each project through its full development lifecycle, contributing to timely and efficient closings, strengthening portfolio performance, and capturing lessons learned to improve future execution. This is an excellent opportunity for an early-career real estate professional with exposure to affordable (LIHTC) multifamily development who is looking to build project management skills and gain hands-on exposure across the full development lifecycle. This role is based in Santa Monica, CA. Minneapolis-based candidates will also be considered. Both offices follow a hybrid schedule and require 3 days in the office.Exceptional 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. What You Bring Strong proficiency in Microsoft Excel. Experience supporting LIHTC affordable housing development projects (applications, underwriting support, compliance tracking, or closings) is required. Experience managing multiple projects simultaneously, with strong organizational and project management skills (including maintaining and executing closing checklists). 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. 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 Coordinator level: 1–3 years relevant experience supporting real estate transactions/development (e.g., lender, investor, developer, or closing coordination) is required. To be considered at the Senior-Coordinator level: 4–7 years relevant experience supporting real estate transactions/development (e.g., lender, investor, developer, or closing coordination) is required. 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. What We Offer The expected base salary for the role at either the Coordinator or Sr. Coordinator level is: Candidates located in Los Angeles: $90,000 - $115,000 Candidates located in the Minneapolis area: $80,000 - $105,000 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. Our comprehensive total rewards package offers more than just a salary. Benefits include: Performance-based bonuses Full medical, dental, and vision coverage for you and your dependents 401(k) plan with employer matching and immediate vesting Life and disability insurance Generous PTO, holidays, and sick time Paid parental leave Employee referral incentives Fun company and team-building events Continuous learning and development opportunities

Responsibilities

The role involves supporting Regional Project Partners in advancing affordable multifamily rental housing projects from initial planning through stabilization, engaging in all aspects of the development process. Responsibilities include preparing initial analysis, tracking approval timelines, coordinating due diligence, supporting financing applications (like LIHTC, RAD, HOME), monitoring budgets, and managing financing closing checklists.