Paid Summer Internship
LIHTC Leaders
Chicago, ILFresher2h agovia LinkedIn
This job at a glance
- Who can apply
- New grads and up to 1 year
- Must know
- TaxBudgetingAuditingExcelMicrosoft OfficeAccounting
- Work
- On-site in Chicago · internship
- Pay
- Not stated by the employer.
- Skill demand
- Excel38%Tax23%Budgeting23%Auditing15%of 99 similar entry-level jobs posted in the US this week
- Listed
- Nov 8, 2026 · still open
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About the Role
Red Stone Equity Partners, a real estate financial services company specializing in low-income housing tax credit (LIHTC) equity investments, is seeking talented, ambitious, and self-driven undergraduate students for a Summer Internship Program in their Portfolio Management, Real Estate Department. This paid internship offers an opportunity to make a difference in the affordable housing industry.
Key Responsibilities
- Perform various functions related to the management of a portfolio of LIHTC assets, including properties in construction, pre-stable, stable, and watch list lifecycles.
- Construction monitoring.
- Lease-up monitoring.
- Review of financial data (budgets, monthly & quarterly financial results, annual audits & tax returns).
- Preparation of property reports for internal and investor purposes.
- Processing capital contributions for assigned properties.
- Special projects, reporting, and research as needed across the Portfolio Management department.
Training & Development
- Orientation to Red Stone and the tax credit syndication business.
- Exposure to multiple lines of business.
- Development of an initial work plan and timeline with a supervisor.
- Weekly meetings for review, planning, and coaching.
- Participation in relevant team meetings.
- Involvement in an intern program feedback process.
Requirements & Tech Stack
- Proficiency in Microsoft Office, including Excel.
- Strong communication, decision-making, analytical, organizational, and interpersonal skills.
- Willingness to support individual Portfolio Managers and the overall Portfolio Management group.
- Attention to detail, thoroughness, and results-driven approach.
Qualifications
- Current undergraduate studies concentration in Finance, Accounting, or Real Estate.
Additional Information
- Location: Chicago, IL
- Employment Type: Paid Internship, Hybrid, Full-Time
- Duration: Late May 2027 through mid-August 2027
- Hours: 35+ hours/week
- Pay: $23 per hour
- Candidates requiring immigration sponsorship or work authorization are not considered for this role.