Affordable Housing Business Development Associate

U.S. Bank

Business Development Associate performing marketing, acquisition and underwriting for affordable housing tax credit transactions. Collaborating with customers and internal partners in the financial sector.

Posted 7/9/2026full-timeMinneapolis • Colorado, Illinois, Minnesota, Montana, New York • 🇺🇸 United StatesJuniorMid-Level💰 $111,600 - $136,400 per yearWebsite

About the role

Key responsibilities & impact

Communicate, meet, and negotiate with external customers and internal partners to gather information and assist in underwriting LIHTC transactions and structuring debt and equity proposals.
Analyze and summarize components of LIHTC debt and investment packages for Business Development.
Compile and analyze information for an assigned project and make recommendations based on findings.
Collect and interpret data to produce reports related to acquiring and underwriting LIHTC loans and investments.
Prepare high quality preliminary memos in support of the proposed loans and investments while identifying the strengths, weaknesses, risks and mitigants; advocate for approval to issue a proposal letter while leading a balanced discussion among reviewers.
Assist in the successful transition associated with acquiring LIHTC loans and investments within USBIF.
Efficiently prioritize and complete a multitude of projects.
Process a variety of confidential information and documents.
Assist with research on and reports from internal and external databases and maintain investment pipeline.
Participate in special projects as assigned.

Requirements

What you’ll need

Typically Bachelor's degree and five or more years of related experience, OR
MBA/JD with one or more years of directly related experience
Self-starter with an interest in community development and finance.
Well-developed reading, writing, verbal presentation, and mathematical skills.
Excellent time management skills, with the ability to effectively handle multiple tasks, and work under deadlines.
Ability to interpret data and identify issues.
Well-developed analytical and problem-solving skills.
Proficient computer skills, especially Microsoft.

Benefits

Comp & perks

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

LIHTC Debt AnalysisInvestment Package StructuringFinancial AnalysisMathematical SkillsProblem-Solving Skills

Soft Skills

Communication SkillsTime ManagementNegotiation SkillsSelf-Starter AttitudeAnalytical Thinking