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Affordable Housing Development Jobs (NOW HIRING)

Bisnow

Controller- Affordable Housing

New York, NY · On-site

$85K - $125K/yr

Controller - Affordable Housing Brooklyn, NY - In-Office Our SelectLeaders client is a family-owned construction management, development, and general contracting firm based in Brooklyn, NY, focused ...

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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 11, 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
Director of Housing & RE

Director of Housing & RE

Korean Women's Association

Lakewood, WA • On-site

$90K - $110K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

Job description

Korean Women's Association (KWA) is seeking an experienced Director of Housing & Real Estate to lead our affordable housing, real estate development, and asset management portfolio. This senior leadership role oversees LIHTC properties, HUD Section 202 housing, HOME and CDBG-funded housing, and commercial real estate operations.

This position serves as the KWA Representative, responsible for portfolio performance, compliance, capital improvements, and affordable housing development.

This is a full-time position, in office, M-F, 8:30AM - 5PM. Salary range $90,000 - $110,000 per year.  Apply at www.kwacares.org/careers 

Includes Medical/Dental/Vision/Life Insurances, Paid Time Off, 11 paid holidays per year, 401(K) after 1 year.

Key Responsibilities Asset Management & Property Operations
  • Oversee real estate portfolio management and third-party property management companies
 Affordable Housing Compliance
  • Ensure compliance with:
    • HUD (Section 202)
    • LIHTC (Low-Income Housing Tax Credit)
    • HOME & CDBG programs
  • Manage compliance reporting, audits, recertifications, and inspections
 Capital Projects & Facilities Management
  • Lead capital improvement projects and rehabilitation projects
 Real Estate Development & Affordable Housing Finance
  • Lead real estate development lifecycle (feasibility → financing → construction → lease-up → stabilization)
 Commercial Real Estate Oversight
  • Oversee commercial property leasing, tenant relations, and asset performance
  • Manage operating expenses, budgets, and maintenance planning
 Strategic Real Estate Leadership
  • Develop real estate investment strategy and portfolio optimization plans
 Contracts & KWA Representation
  • Negotiate and manage property management agreements, construction contracts, and vendor contracts
  • Act as KWA Representative for development and construction projects
Qualifications

Education

  • Bachelor's degree in Real Estate, Finance, Urban Planning, Business, or related field
  • Master's degree preferred

Experience

  • 7–10+ years in:
    • Affordable housing development
    • Real estate asset management
    • Property management oversight
  • Direct experience with:
    • LIHTC transactions
    • HUD, HOME, and CDBG funding programs
  • Experience in capital projects or commercial real estate preferred
Why Join KWA?
  • Lead impactful affordable housing initiatives
  • Shape a growing real estate development pipeline
  • Join a mission-driven, community-focused organization

Ready to join our team apply at www.kwacares.org/careers 

Apply