TBC FELLOWSHIPS

Core Fellowship
Affordable Housing Developer Fellowship
Investment Finance Fellowship

CORE FELLOWSHIP

The Builder Coalition’s Core Fellowship is a six-month educational program for a cohort of emerging real estate development firms seeking to grow their work through specific technical training to expand the scope and capacity of their projects. The program meets monthly for six-hour learning and implementation sessions.

The program leads participants through modules addressing core elements of real estate market analysis, bidding, contracting, financial reporting, risk management, and project management. Each month's interactive modules will be led by industry practitioners. Through the program, participants are provided access to financial institutions, development firms, and government agencies, to substantially expand their professional networks.

  • The program will lead participants through modules addressing core elements of real estate market analysis, bidding, contracting, financial reporting, risk management, and project management. For a sample curriculum, please see here.

  • Applicants to the Core Fellowship should be an owner or senior staff member of a real estate firm that is based in Massachusetts. Preferred applicants will have completed or worked on at minimum two to three development projects of any scale or scope.

  • Applications for the Core fellowship are closed. The fellowship registration fee is $500 per individual participant.

    This program is sponsored in part by MassHousing.

AFFORDABLE HOUSING DEVELOPER FELLOWSHIP

The Builder Coalition’s Affordable Housing Developer Fellowship convenes firms and individuals interested in pursuing private development of inclusive and affordable housing. 

The program will run for a six month period, convening biweekly for 3-4 hour learning sessions. Each session's interactive modules will be led by subject-area experts. In addition, TBC will enlist two industry mentors for each participant, who will meet with the fellows at regular intervals during the fellowship period. The fellowship will culminate with each participating firm designing and presenting a proposed affordable housing development.

The program is sponsored by MassHousing and JPMorgan Chase.

Applications for the next cohort will open in October 2026.

INVESTMENT FINANCE FELLOWSHIP

The Builder Coalition’s Investment Finance Fellowship convenes established real estate developers seeking to grow their capacities through group study of investment cases.

Each session centers around interactive discussion of a real estate investment case study, led by the instructor. Sessions feature 1-2 guest developers who offer their insights on the case, along with background on their own pathways and projects.

Participants additionally select a live investment project of their own to analyze over the course of the program and to present during the final session utilizing tools and knowledge gained.

TBC recruits and selects participants based on development experience and interest in rigorous, group-based analysis of investment decisions. Participants are principals of their firm, or leading investment decision-makers.

One-on-One Technical Assistance

TBC will soon offer individualized technical assistance to fellows and graduates as part of our commitment to long-term business growth. Our one-on-one TA services pair small real estate businesses with experienced finance, legal, and development professionals for direct, hands-on support.

Services include:

  • Underwriting and loan readiness

  • Pro forma and financial analysis

  • Public bid preparation

  • Contract review and negotiation

  • Permitting and zoning guidance

“Since the fellowship, our pipeline has grown substantially through new opportunities and connections. Our involvement in RFPs and joint ventures has tripled within the last 6 months.”

Stack Architecture & Development, 2025 AHDF