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Affordable Housing Development information

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$35.5K

$76.2K

$118.5K

How much do affordable housing development jobs pay per year?

As of Jul 26, 2026, the average yearly pay for affordable housing development in the United States is $76,173.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,500.00 and $91,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Affordable Housing Development professional, and why are they important?

To thrive in Affordable Housing Development, you need expertise in real estate finance, project management, and knowledge of housing policies, typically supported by a degree in urban planning, public administration, or a related field. Familiarity with financial modeling tools, LIHTC (Low-Income Housing Tax Credit) program compliance, and development management software is essential. Strong negotiation, stakeholder engagement, and problem-solving skills help professionals navigate complex partnerships and community needs. These capabilities are crucial to successfully delivering sustainable, compliant, and impactful affordable housing projects.

What is affordable housing development?

Affordable housing development refers to the process of planning, financing, constructing, and managing housing projects that are priced to be accessible to low- and moderate-income individuals or families. These developments often involve partnerships between government agencies, nonprofit organizations, and private developers to ensure that housing costs do not exceed a certain percentage of residents' income. Affordable housing projects typically utilize subsidies, tax credits, and other financial tools to lower costs and increase availability. The goal is to provide safe, decent, and stable homes for people who might otherwise be unable to afford market-rate housing.

What are some common challenges faced by professionals in Affordable Housing Development, and how can they be addressed?

Professionals in Affordable Housing Development often encounter challenges such as complex regulatory requirements, securing adequate funding, and balancing community needs with project feasibility. Navigating multiple layers of local, state, and federal regulations can be time-consuming, so staying organized and maintaining strong communication with regulatory agencies is essential. Additionally, building partnerships with non-profits, government agencies, and private investors can help overcome funding gaps and facilitate successful project completion. Proactive community engagement and transparent communication also play a key role in addressing neighborhood concerns and building support.
More about Affordable Housing Development jobs
What cities are hiring for Affordable Housing Development jobs? Cities with the most Affordable Housing Development job openings:
What states have the most Affordable Housing Development jobs? States with the most job openings for Affordable Housing Development jobs include:
What job categories do people searching Affordable Housing Development jobs look for? The top searched job categories for Affordable Housing Development jobs are:
Affordable Housing Development jobs near you
Infographic showing various Affordable Housing Development job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 74% Full Time, 23% Part Time, and 2% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $76,173 per year, or $36.6 per hour.
Affordable Housing Development Director

Affordable Housing Development Director

Lutheran Social Services of Central Ohio

Columbus, OH • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 6 days ago

Job description

Director of Affordable Housing Development
Full Time | Day Shift
Lutheran Social Services of Central Ohio is currently seeking a Director of Affordable Housing Development. Affordable Housing offers reliable and affordable apartments to more than 1,000 seniors throughout Ohio at 21 sites.
The ideal candidate will share Our Mission: Creating a better world by serving people in need.
Responsibilities for a Director of Affordable Housing Development with Lutheran Social Services:
  • Development Project Leadership
  • Internal Project Leadership and Coordination
  • External Partner Management
  • Portfolio Strategy and Development Planning
  • Asset Management and Portfolio Performance Strategy
  • Development Capacity Building

Requirements for a Director of Affordable Housing Development with Lutheran Social Services:
  • Bachelor's degree in real estate, finance, business administration, urban planning, public administration, or related field required. Master's degree preferred (e.g., in Real Estate Development, Business Administration, Public Administration, Urban Planning, Public Policy, etc.).
  • 5 or more years of experience in affordable housing development, real estate development, or related fields, with progressive leadership responsibility. Candidates with 7 or more years of experience, including direct responsibility for leading LIHTC or HUD transactions, preferred.
  • Direct experience leading LIHTC transactions and/or HUD programs (including Section 8, 202, or RAD).
  • Experience managing affordable housing development projects from predevelopment through construction completion.
  • Experience preparing and submitting financing applications for LIHTC, HUD, FHA, and/or other public and private funding sources.
  • Experience developing and analyzing pro formas, sources and uses, capital stacks, and project financial models.
  • Experience with coordinating co-developers, contractors, architects, lenders, and investors.
  • Experience analyzing property financials, operating performance, and capital needs.
  • Experience with RAD for PRAC conversions preferred.
  • Valid Ohio driver's license, access to reliable insured transportation and ability to meet LSS insurance standards required

About Lutheran Social Services:
We put our mission of service into action. Every day LSS serves thousands of people in 21 Ohio counties by addressing the four core societal issues of food, shelter, safety, and healing. LSS offers food pantries, housing and supportive services through homeless shelters, domestic violence services, health care, affordable housing communities, and other services that uplift families and strengthen communities.
Benefits for Full-time positions* with Lutheran Social Services include:
  • Health insurance
  • Tuition Reimbursement Program
  • 403(b) retirement plan with employer matched savings
  • Dental and Vision insurance
  • Medical and Childcare Flexible Spending (FSA)
  • Health Savings Account
  • PTO and 12 Paid Holidays
  • Discount Marketplace
  • Opportunity to make a positive impact on individuals & the community
  • *some part-time positions may be eligible for some benefits as well

As one of the largest non-for-profits in Central Ohio, we value our employees. Our excellence is based upon team members dedicated to a fulfilling career and committed to the service of others.
Lutheran Social Services of Central Ohio is committed to being an equal opportunity employer.

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