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Affordable Housing Development Jobs (NOW HIRING)

Director of Housing Finance

Sacramento, CA ยท On-site

$130K - $170K/yr

Are you passionate about affordable housing and empowering communities? Do you believe in creating ... STRATEGY & NEW BUSINESS DEVELOPMENT * Supporting VP of Real Estate in developing strategic goals ...

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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 Sep 5, 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 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 the key skills and qualifications needed to thrive as an affordable housing development professional?

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 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:

Infographic showing various Affordable Housing Development job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $76,173 per year, or $36.6 per hour.

Vice President, Affordable Housing Development

Hoppe Development

Lincoln, NE โ€ข On-site

$180 - $280/hr

Other

Re-posted 11 days ago


Job description

Vice President, Affordable Housing Development Hoppe Development

Location: Based in Lincoln, Nebraska

Full-Time | Executive Leadership

About Hoppe Development

Hoppe Development is a mission-driven real estate firm focused on delivering high-quality, sustainable housing and catalytic mixed-use projects across the Midwest. Our pipeline includes LIHTC affordable housing, workforce housing, mixed-income communities, and community-oriented developments that integrate supportive services, placemaking, and long-term neighborhood revitalization. We partner with public agencies, nonprofits, lenders, investors, and municipalities to create lasting impact.

We have grown rapidly in the past five years, and have strong shared executive leadership supported by functional business department leads across development, construction, and management. We are financially sound, and maintain significant guarantee capacity to support a breadth of project sizes. We work on community-defining projects in collaboration with great partners, and we maintain a robust pipeline of projects, which will include over 1,000 units of housing started in the next 12 months.

We are growing our development team and seeking a Vice President of Affordable Housing Development to guide projects from concept through stabilization, lead and mentor a high-performing development team, expand our footprint into new markets, and advance our vision for inclusive, high-quality housing across the region.

Position Summary

The Vice President of Affordable Housing Development will create and oversee a pipeline of projects through the development lifecycle, including affordable, mixed-income, and supportive housing projects using LIHTC (4% and 9%), bond-financed developments, acquisition/rehab, and a variety of community financing initiatives. This position will lead feasibility, site acquisition, entitlement & design, financing, construction oversight, lease-up, and the transition to compliance while managing internal and external project teams.

This role is ideal for a seasoned developer with deep experience in LIHTC structuring, public financing tools, stakeholder negotiation, and execution across multiple concurrent projects. The position carries responsibility for both direct project production and leadership of a cross-functional team of development professionals.

Key Responsibilities
  • Strategic Leadership
    • Lead a development team and pipeline effort to secure 2-4 deals per year in select markets, including the identification and origination of projects in those markets.
    • Build and maintain relationships with state HFAs, municipalities, funders, community partners, investors, lenders, and service providers.
  • Project Origination & Feasibility
    • Evaluate sites for acquisition; lead due diligence, financial feasibility, and initial design/programming.
    • Lead LIHTC application strategy (4% bond deals and 9% competitive), including interpreting QAPs, securing site control, assembling the project team, and submitting competitive applications.
    • Partner with the CFO to lead financial underwriting, including pro forma development, return analysis, and credit and basis calculations across the portfolio.
  • Financing & Capital Structuring
    • Coordinate all project financing, including LIHTC equity, tax-exempt bonds, soft funds (HOME, CDBG, AHP, HTF), private debt, and philanthropic or public-sector resources.
    • Manage the closing processes including legal documentation, regulatory agreements, partnership structures, and due diligence.
  • Design, Entitlement & Construction Oversight
    • Manage architects, engineers, environmental consultants, and other design professionals to keep projects on schedule and within budget.
    • Lead entitlement and permitting processes; present to planning commissions, city councils, and community stakeholders.
    • Work collaboratively with general contracting team to select and manage construction execution.
  • Lease-Up & Transition to Operations
    • Ensure seamless transition from construction to operations, including lease-up strategy, compliance readiness, and integration of supportive services.
  • Team Leadership & Organizational Growth
    • Mentor and develop development managers and analysts; establish and standardize best practices in financial modeling, due diligence, documentation, and reporting; and contribute to building a culture of excellence and mission alignment across the team.
Qualifications
  • 7+ years of experience in affordable or mixed-income housing development, with significant responsibility for LIHTC projects (4% and/or 9%).
  • Deep understanding of LIHTC underwriting, acquisition/rehab structuring, tax-exempt bonds, layered financing, and partnership agreements.
  • Proven ability to lead complex projects from concept through stabilization.
  • Strong financial modeling skills (Excel/Google Sheets, pro forma analysis, basis and credit calculations).
  • Experience interfacing with state HFAs (e.g., NIFA, IFA), federal and local funding programs, and municipal entitlement processes.
  • Excellent communication skills and comfort presenting to public bodies, investors, and community groups.
  • Ability to lead multiple projects simultaneously with strong organizational and time-management capacity.
  • Bachelorโ€™s required; Masterโ€™s in real estate, urban planning, public administration, finance, or related field preferred.
  • Candidates based in or willing to relocate to Lincoln or Omaha are preferred. Remote candidates with a presence in the Midwest development market will be considered.
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