Associate – Community Development Impact

Company: SB Friedman

Location: Chicago, IL

Job Function: Research and Analytics


SB Friedman is a team of data-driven analysts, civic-minded planners, and implementation-focused problem solvers who work closely with public, private and institutional clients across the country. We are eager to tackle various land use and development issues and establish plans, strategies and partnerships to overcome them. Our primary objective is to assist our clients in achieving their economic development goals.



We are seeking an Associate to work with our growing practice to support equitable, innovative, and impact-driven development projects nationwide. This position will engage with all aspects of SB Friedman’s community development finance practice, gaining exposure to high-impact projects, deal structuring, and public-private financing. Located in Chicago’s Loop, SB Friedman is a mission-driven advisor specializing in public-private partnerships and development projects that support community revitalization, placemaking and social equity.  

The ideal candidate for this position is a curious, critical thinker who enjoys analyzing and synthesizing both quantitative and qualitative data. The successful applicant will be resourceful, comfortable working in unstructured environments, detail oriented, and a strong communicator. Our team works exclusively on projects in economically distressed areas and strives to hire individuals who are committed to understanding the complex challenges facing these communities. We understand most candidates will not have experience in all the responsibilities listed below. If you are intellectually curious and committed to creating positive change, please apply. 


    • Measuring and synthesizing community and economic impacts from disparate sources 


    • Using Excel and other analytical software to assess project impacts and create a range of internal and external work products 


    • Research and writing support on competitive New Markets Tax Credit (NMTC) applications for submittal to US Treasury   


    • Helping underwrite projects/organizations, including preparing underwriting memos  


    • Supporting efficient NMTC closings through coordination with internal and external parties  


    • Developing and improving systems and processes to increase efficiency and quality  



    • Bachelor’s degree in Urban Planning, Public Policy, Finance, Business Administration, Real Estate, Economics, or a related field 


    • Demonstrated interest in equitable community and economic development or related topics  


    • 1-3 years relevant experience (including internships and analogous work experiences) 


    • Strong quantitative analysis skills, particularly using Microsoft Excel 


    • Demonstrated attention to detail, organizational skills, and ability to meet deadlines  


    • Strong written and oral communication 


Applicants with additional or equivalent combinations of experience/qualifications are encouraged to apply; the firm may tailor the position for the right candidate.  

Compensation and Benefits

We are focused on the professional success of our employees and offer the following:   

    • Competitive salary 


    • Performance-based bonus compensation 


    • Generous benefits package, including: 100% company-paid health and dental insurance premiums, 401(k) with employer contribution, flexible spending programs for health and childcare expenses, paid vacation time, paid sick time, paid parental leave, and 11 paid holidays 


    • Hybrid in-office/remote work policy 


    • Paid membership in a professional organization (or other professional development) 


    • Firm-wide volunteering events in metro Chicago 


    • Regular peer-delivered “brown bag” sessions on topics of professional interest 


    • Monthly happy hours and staff get-togethers 


How to Apply

Please submit application materials through LinkedIn at Please address your experience working with underserved communities, either personally or professionally, in your cover letter.