Investment Associate – Affordable Housing (LIHTC)
OWOW, Oakland, CA, United States
Investment Associate/Analyst – Affordable Housing (LIHTC)
oWOW | American Housing Company (AHC)
About
Build one of California’s fastest-scaling affordable housing platforms.
oWOW is a next-generation real estate developer building
high-density mass-timber housing at roughly half the cost and time of traditional construction while significantly reducing carbon emissions .
Through
American Housing Company (AHC) , our affordable housing platform, we are scaling toward
2,000+ units annually across California using Low-Income Housing Tax Credits (LIHTC).
We are seeking an
Investment Associate
to help originate, underwrite, and execute affordable housing developments across the state.
This role offers exposure to the
full development and financing lifecycle , with direct engagement with senior leadership to structure and close LIHTC transactions.
What You'll Work On
Build and maintain
LIHTC development models and capital stack analyses
Underwrite site acquisitions and development opportunities
Prepare
investment committee memos and deal summaries
LIHTC Application Process
Support preparation of
4% LIHTC applications
Coordinate submissions to
CDLAC, CTCAC, and other allocating agencies
Manage documentation with consultants, legal teams, and architects
Capital Markets & Financing
Assist in evaluating
tax credit equity proposals
Support negotiations with
LIHTC syndicators and lenders
Prepare materials for investors and financing partners
Development Execution
Support projects from
site control through financial closing
Coordinate due diligence across development, construction, and finance teams
Platform Growth
Help build standardized
underwriting tools and investment frameworks
Maintain project dashboards and development pipeline trackingSupportthe creation of investor materials and data rooms
Ideal Background
3–7 years of experience
in:LIHTC underwriting or investment
housing finance agencies
Familiarity with
LIHTC capital stacks
Strong
financial modeling and Excel skills
Ability to manage multiple deals simultaneously
Education MBA preferred or a Bachelor’s degree in Finance, Real Estate, Economics, or similar field
Compensation Base Salary:
$120,000 – $140,000; Not Including Bonus and promote
project-level participation
Why this Role is Unique This is not a narrow analyst role.
You will gain direct exposure to:
LIHTC capital markets
large-scale housing platform growth
You’ll help scale a platform targeting
2,000+ units annually
while addressing California’s housing shortage.
#J-18808-Ljbffr
oWOW is a next-generation real estate developer building
high-density mass-timber housing at roughly half the cost and time of traditional construction while significantly reducing carbon emissions .
Through
American Housing Company (AHC) , our affordable housing platform, we are scaling toward
2,000+ units annually across California using Low-Income Housing Tax Credits (LIHTC).
We are seeking an
Investment Associate
to help originate, underwrite, and execute affordable housing developments across the state.
This role offers exposure to the
full development and financing lifecycle , with direct engagement with senior leadership to structure and close LIHTC transactions.
What You'll Work On
Build and maintain
LIHTC development models and capital stack analyses
Underwrite site acquisitions and development opportunities
Prepare
investment committee memos and deal summaries
LIHTC Application Process
Support preparation of
4% LIHTC applications
Coordinate submissions to
CDLAC, CTCAC, and other allocating agencies
Manage documentation with consultants, legal teams, and architects
Capital Markets & Financing
Assist in evaluating
tax credit equity proposals
Support negotiations with
LIHTC syndicators and lenders
Prepare materials for investors and financing partners
Development Execution
Support projects from
site control through financial closing
Coordinate due diligence across development, construction, and finance teams
Platform Growth
Help build standardized
underwriting tools and investment frameworks
Maintain project dashboards and development pipeline trackingSupportthe creation of investor materials and data rooms
Ideal Background
3–7 years of experience
in:LIHTC underwriting or investment
housing finance agencies
Familiarity with
LIHTC capital stacks
Strong
financial modeling and Excel skills
Ability to manage multiple deals simultaneously
Education MBA preferred or a Bachelor’s degree in Finance, Real Estate, Economics, or similar field
Compensation Base Salary:
$120,000 – $140,000; Not Including Bonus and promote
project-level participation
Why this Role is Unique This is not a narrow analyst role.
You will gain direct exposure to:
LIHTC capital markets
large-scale housing platform growth
You’ll help scale a platform targeting
2,000+ units annually
while addressing California’s housing shortage.
#J-18808-Ljbffr