Development & Construction Accountant (Affordable Housing/LIHTC)

About Lincoln Avenue Communities

Welcome to Lincoln Avenue Communities (LAC)—a leading, mission-driven real estate private equity firm dedicated to strengthening communities through the development and preservation of affordable housing.

As a vertically integrated developer, investor, and long-term operator, we deliver sustainable, high-quality homes to lower- and moderate-income individuals, seniors, and families across 30 states. Our growing portfolio—with more than 180 properties home to 80,000+ residents—reflects our commitment to long-term impact, operational excellence, and resident well-being.

LAC is proud to be recognized as an industry leader, recently ranked No. 1 on Affordable Housing Finance’s 2025 AHF 50 list of top developers. Our approach combines strategic investment, thoughtful design, and community partnerships to deliver housing solutions that foster stability, opportunity, and resilience.

About This Role

Lincoln Avenue Communities (LAC) is seeking a junior/associate-level Development & Construction Accountant to join our collaborative, mission-driven team dedicated to preserving and developing affordable multifamily housing nationwide. In this role, you will support the financial and operational management of our real estate development pipeline, ensuring accuracy, compliance, and successful project delivery.

Reporting to the Finance Manager, you will actively manage development transactions across multiple properties and work cross-functionally with senior leaders, lenders, equity partners, CPAs, general contractors, property managers, and governmental agencies. As a rapidly growing and well-capitalized organization, LAC provides meaningful opportunities for career advancement and the ability to contribute to high-impact projects that strengthen communities across the country.

This is a remote position, however, we are open to Los Angeles-based candidates (for local candidates, we require 3 days in the office).

What You’ll Do

• Serve as the primary contact for post-closing development transactions.
• Process and manage monthly construction loan draw requisitions for tax credit rehabilitation and new construction projects.
• Oversee the development budget, reconciling and reallocating costs as necessary.
• Monitor construction progress and project reimbursements closely.
• Coordinate timely invoice payments and funding disbursements.
• Manage the timing and funding of equity installments with investor partners.
• Prepare tax credit documents in coordination with third parties.
• Respond promptly to third-party requests and efficiently manage multiple deadlines.
• Track key project-related information, including construction milestones, equity installments, project contacts, bond disclosures, and other critical data.
• Interpret and implement terms of construction contracts, partnership agreements, loan documents, regulatory agreements, closing pro forma financial models and other related agreements.  
• Maintain strong professional relationships with state agencies, lenders, investors, credit underwriters, CPAs, general contractors, and architects.
• Oversee tax credit program compliance in collaboration with the compliance specialist.
• Collaborate cross-departmentally to ensure timely delivery of key project milestones.
• Assist management and senior business leaders with various special projects as needed.

Requirements

What You Bring

• Strong work ethic with the ability to manage tasks efficiently, meet deadlines, and consistently deliver high-quality results.
• Highly organized, proactive and reliable with a strong intellectual curiosity.
• Skilled in planning, prioritizing, and driving projects to completion while achieving key milestones.
• Ability to manage multiple deadlines effectively in a fast-paced environment.
• Proficient in evaluating complex data, identifying issues, and presenting actionable solutions.
• Excellent communication, collaboration, and interpersonal skills, with a focus on driving process improvements and enhancing efficiency.
• Self-starter who takes ownership of responsibilities, works independently, and interacts confidently with senior management. 

Required Experience:

• At least 2 years of experience in Construction Accounting is required, specifically supporting Low-income Housing Tax Credit (LIHTC) projects.

• Strong understanding of construction documents (i.e. AIA G702 G703, G704, lien waivers, change orders, certificates of completion).
• Must have experience with loan draws