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Affordable Housing Developer Jobs (NOW HIRING)

IFF

Commercial Loan Closer - Affordable Housing

Indianapolis, IN · On-site

$52K - $67K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Commercial Loan Closer - Affordable Housing Employee Status: Full Time Exempt Salary: Grade 2 ... The Organization IFF is a mission-driven lender, real estate consultant, and developer that helps ...

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How much do affordable housing developer jobs pay per hour?

As of Aug 14, 2026, the average hourly pay for affordable housing developer in the United States is $52.84, according to ZipRecruiter salary data. Most workers in this role earn between $40.38 and $64.66 per hour, depending on experience, location, and employer.

What are some of the common challenges faced by affordable housing developers during project implementation?

Affordable Housing Developers often encounter challenges such as navigating complex funding sources, coordinating with multiple stakeholders (including government agencies, community organizations, and investors), and meeting stringent regulatory requirements. Delays can arise from protracted approval processes or unexpected site issues, requiring strong project management skills and adaptability. Additionally, balancing cost control with the goal of providing quality, sustainable housing is a frequent challenge, making effective collaboration and creative problem-solving essential for success.

What does an affordable housing developer do?

An Affordable Housing Developer is responsible for planning, financing, and overseeing the construction or rehabilitation of housing projects that are affordable to low- and moderate-income individuals and families. They work with government agencies, financial institutions, and community organizations to secure funding and ensure compliance with regulations. Their work includes identifying suitable properties, coordinating with architects and contractors, and managing the development process from concept through completion to ensure affordability and sustainability.

What are the key skills and qualifications needed to thrive as an affordable housing developer, and why are they important?

To thrive as an Affordable Housing Developer, you need expertise in real estate finance, project management, and an understanding of housing regulations, often supported by a degree in real estate, urban planning, or a related field. Familiarity with financial modeling software, government funding programs like LIHTC, and permitting systems is typically required. Strong negotiation, stakeholder engagement, and problem-solving skills help navigate complex projects and build community trust. These competencies are essential for delivering successful, sustainable affordable housing projects that meet community needs and comply with regulatory requirements.

What is the difference between Affordable Housing Developer vs Housing Project Coordinator?

AspectAffordable Housing DeveloperHousing Project Coordinator
Required CredentialsBachelor's degree in urban planning, real estate, or related field; experience in developmentBachelor's degree; experience in project management or housing programs
Work EnvironmentDevelopment firms, non-profits, government agenciesNon-profits, government agencies, construction sites
Employer & Industry UsageReal estate development, affordable housing projectsHousing programs, community development projects

While both roles focus on housing, an Affordable Housing Developer primarily leads the planning, financing, and construction of affordable housing projects. In contrast, a Housing Project Coordinator manages day-to-day project activities, ensuring timelines and budgets are met. The developer is more strategic and involved in the overall project design, whereas the coordinator handles operational tasks within the project.

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Cities with the most Affordable Housing Developer job openings:

What states have the most Affordable Housing Developer jobs?

States with the most job openings for Affordable Housing Developer jobs include:

What job categories do people searching Affordable Housing Developer jobs look for?

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Affordable Housing Developer jobs near you
Infographic showing various Affordable Housing Developer job openings in the United States as of August 2026, with employment types broken down into 1% Locum Tenens, 1% As Needed, 52% Full Time, 15% Part Time, 1% Temporary, and 30% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $109,905 per year, or $52.8 per hour.

Project Developer I or II - Affordable Housing

Mercy Housing, Inc.

Denver, CO • On-site

$85K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 3 days ago

Mercy Housing rating

8.3

Company rating: 8.3 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

45th of 202 rated real estate companies

Job description

At Mercy Housing, we are on a mission to redefine affordable, low-income housing and create a more humane world where communities thrive, and all individuals can realize their full potential. As the largest nonprofit affordable housing provider in the nation, we build, preserve, and manage program-enriched housing across the country.
We are currently looking for an Affordable Housing Project Developer I or II (dependent on experience level) to lead the finance, development, and acquisition of affordable, multi-family housing.
The successful Project Developer will be connected with the affordable housing community in the region, and will serve as a resource for other team members.
This is a hybrid role.
Pay: $85,000-130,000 annually, dependent on experience.
Benefits
  • Several Healthcare plans to choose from, dental (option for free basic dental) and vision
  • 15 days of earned PTO your first year, 12 company holidays + 2 floating holidays.
  • 403b + match
  • Early close Fridays (3 paid hours each Friday)
  • Early close prior to a holiday (3 paid hours)
  • Paid Time off between Christmas and New Year's Holiday
  • Paid time off to volunteer
  • Paid parental & caregiver leave
  • Employer paid life insurance
  • Free Employee Assistance Plan
  • Pet Insurance options

Job Description
Duties
Project Developer I
  • Review sites or projects for potential development of new construction, complexes for potential acquisition, or potential re-syndication opportunities.
  • Lead others in the application process and fully navigate through Mercy's approval process. Engages and solves issues directly with internal/external parties.
  • Prepare feasibility or project analysis responding to project criteria. Includes identification of needs, project risks, property rehabilitation needs, population served, financial feasibility, and community plan as needed.
  • Execute job tasks (duties) with final review by Project Developer II or higher.
  • Provide on-going coordination between architects, contractors, and other members of the project development team.
  • Other duties as assigned.

Project Developer II
  • Review sites for potential development of new construction or complexes for potential acquisition.
  • Prepare feasibility analysis responding to project criteria. Includes identifying needs, population served, financial feasibility, and community plan as needed.
  • Perform tasks necessary to obtain all approval i.e., submission of land use, and permit application, attendance at hearings, neighborhood meetings, and foster a team approach to obtaining neighborhood acceptance, where required.
  • Provide ongoing coordination and effectively communicate with architects, contractors, and other members of the project development team.
  • Anticipate project needs and make suggestions under minimal supervision.
  • Work with other organizations within the housing development, civic and religious communities to create opportunities and support for low-income housing development.
  • Complete a variety of discretionary and administrative approvals.
  • Lead role in negotiating consultant contracts.
  • Other duties as assigned.

Minimum Qualifications
  • Bachelor's Degree in Finance, Accounting, Economics, Planning, or related field.
  • Project Developer I: Two (2) years of experience in low-income housing development work.
  • Project Developer II: Five (5) years of experience in low-income housing development work.

Preferred Qualifications
  • Master's Degree in Finance, Accounting, Economics, Planning, or related field.
  • Certification in Real Estate Development.

Knowledge and Skills
  • Strong time management and organizational skills with attention to detail and accuracy.
  • Superior written and verbal communication and relationship management skills.
  • Highly effective problem-solving and flexibility while remaining focused on solutions.
  • Advanced proficiency with MS Word, Excel, Outlook, and PowerPoint.

This is a brief description summarizing the abilities and skills needed for the position. Mercy Housing is a fair chance employer; while we conduct background checks for all positions, we will consider qualified applicants with arrest and conviction records.
#LI-NW1
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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