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Affordable Housing Development Jobs (NOW HIRING)

City of Cambridge MA

Housing Development Planner

Cambridge, MA · On-site

$73K - $84K/yr

Working with affordable housing developers and owners to use city resources to create new affordable housing; * Identifying and analyzing new affordable housing development opportunities; * Assessing ...

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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 Jun 9, 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.
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Affordable Housing Development jobs near you
Affordable Housing Development Manager

Affordable Housing Development Manager

Lutheran Social Services of Central Ohio

Columbus, OH • On-site

$85K - $95K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 6 days ago

Job description

Affordable Housing Development Manager
Full Time | Day Shift
Pay: Starting at $85,000/year
Lutheran Social Services of Central Ohio is currently seeking an Affordable Housing Development Manager. 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.
Requirements for an Affordable Housing Development Manager with Lutheran Social Services:
  • Bachelor's degree in real estate, finance, business administration, urban planning, public administration, or related field.
  • 3 to 5 years experience in affordable housing development, project management, or asset management
  • Familiarity with one or more of the following: (1) LIHTC transactions or (2) HUD programs (including Section 8, 202, or RAD)
  • Experience working with or learning HUD program requirements and applying them in development or asset management contexts
  • Experience analyzing property financials, operating performance, and capital needs
  • Experience coordinating design, construction, or rehabilitation projects
  • Direct experience with RAD for PRAC conversions preferred
  • Familiarity with pro forma development, sources and uses analysis, or capital stack structuring
  • Valid Ohio driver's license, access to reliable insured transportation and ability to meet LSS insurance standards required

Responsibilities for a Affordable Housing Development Manager with Lutheran Social Services:
  • Manage redevelopment projects, including RAD, LIHTC, and FHA transactions, ensuring milestones, budgets, schedules, and deliverables stay on track.
  • Coordinate cross-functional teams across operations, property management, maintenance, finance, and leadership to support project success.
  • Serve as the primary liaison with developers, contractors, architects, lenders, and other external partners.
  • Prepare and submit financing and funding applications, including FHA, LIHTC, and RAD programs.
  • Analyze housing portfolio performance, capital needs, redevelopment opportunities, and long-term investment strategies.
  • Develop and recommend portfolio plans, project priorities, and redevelopment sequencing aligned with organizational goals.
  • Evaluate property operations, compliance, and capital improvement needs to support future redevelopment initiatives.
  • Identify project risks, develop solutions, and provide recommendations to leadership for informed decision-making.
  • Lead resident impact planning and stakeholder communication throughout redevelopment activities.
  • Build internal development expertise by documenting processes, researching housing finance programs, and establishing best practices for future projects.

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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