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Community Development Finance Jobs (NOW HIRING)

Southern Maryland Tri-County Community Action Committee, Inc.

$95K - $123K/yr

The position is responsible for development finance activities, including financial feasibility ... Community Development Block Grant (CDBG) funding and other federal, state, local, and private ...

Federal Home Loan Bank of Chicago

Working knowledge of affordable housing and community development finance ecosystems and finance. * Working knowledge of how financial institutions--across different charter types--support affordable ...

City of Mankato

Intern - Community Development

Mankato, MN · On-site

$14.75 - $19.75/hr

Internally - Community Development, Finance, 311 Customer Service, and other City of Mankato employees, planning commission, heritage preservation commission, and site plan review committee

Muckleshoot Indian Tribe

JOB SUMMARY The Community Development Director provides executive leadership and strategic ... Coordinates with Housing Authority leadership, Finance, Legal, Planning, Public Works, and ...

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Community Development Finance information

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$22K

$75.1K

$159.5K

How much do community development finance jobs pay per year?

As of Sep 15, 2026, the average yearly pay for community development finance in the United States is $75,113.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,500.00 and $93,000.00 per year, depending on experience, location, and employer.

What is community development finance?

Community development finance refers to financial services and investments that support the growth and revitalization of underserved communities. This field involves providing loans, grants, and other financial products to individuals, small businesses, and organizations that may not have access to traditional banking services. The goal is to promote economic development, affordable housing, and social services in low- and moderate-income areas. Professionals in community development finance often work for community development financial institutions (CDFIs), banks, or government agencies.

What are the key skills and qualifications needed to thrive in community development finance, and why are they important?

Success in Community Development Finance requires a solid understanding of financial analysis, economic development principles, and knowledge of lending practices, often supported by a degree in finance, economics, or public administration. Familiarity with tools like loan underwriting software, financial modeling platforms, and certifications such as the Certified Economic Development Finance Professional (EDFP) is valuable. Strong relationship-building, communication, and problem-solving skills help professionals engage diverse stakeholders and navigate complex projects. These competencies are critical for effectively channeling financial resources to underserved communities and achieving sustainable economic growth.

What are some typical challenges faced by professionals working in community development finance, and how are they addressed?

Professionals in Community Development Finance often encounter challenges such as balancing financial returns with social impact, navigating complex regulatory requirements, and securing funding for projects serving underserved communities. These challenges are addressed by staying up-to-date with changing policies, building strong partnerships with local organizations, and leveraging innovative financial tools. Successful practitioners also engage in ongoing training and collaborate closely with stakeholders to ensure project sustainability and measurable community benefits.

What is the difference between Community Development Finance vs Community Development Specialist?

AspectCommunity Development FinanceCommunity Development Specialist
CredentialsRelevant finance or economic development certifications, degrees in finance, economics, or public policyRelated degrees in social work, community planning, or public administration; certifications vary
Work EnvironmentFinancial institutions, non-profits, government agencies focused on funding and investmentCommunity organizations, non-profits, government agencies involved in program implementation and outreach
Employer & IndustryFinancial institutions, development agencies, non-profitsNon-profits, government agencies, community organizations

Community Development Finance focuses on providing funding, investments, and financial solutions to support community projects. In contrast, Community Development Specialists typically work on program implementation, community outreach, and planning efforts. Both roles are vital in fostering community growth but differ in their core functions and required skills.

What do community development finance institutions do?

Community development finance institutions (CDFIs) provide financial services and funding to underserved communities to support economic growth, affordable housing, small business development, and community projects. Professionals in this field often evaluate loan applications, manage investments, and collaborate with community stakeholders to promote sustainable development.
More about Community Development Finance jobs

What cities are hiring for Community Development Finance jobs?

Cities with the most Community Development Finance job openings:

What states have the most Community Development Finance jobs?

States with the most job openings for Community Development Finance jobs include:

What job categories do people searching Community Development Finance jobs look for?

The top searched job categories for Community Development Finance jobs are:

Community Development Finance jobs near you
Infographic showing various Community Development Finance job openings in the United States as of September 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $75,113 per year, or $36.1 per hour.

CDFI / Community Finance Specialist

Boiling Springs, PA • On-site

BVA Bear's IT Solutions
See more jobs at BVA Bear's IT Solutionsexternal

Full-time

Medical

Re-posted 27 days ago

Key responsibilities

  • Analyze regional capital access landscape, identify financing gaps, and support development of the Needs Assessment and financing gap analysis.

  • Define CDFI organizational structure and design lending products aligned with community needs and best practices.

  • Develop capital strategy including funding sources, investment opportunities, and financial projections to support sustainability.

Job description

Benefits:
  • Health insurance

BVA Bears IT Solutions is seeking a CDFI / Community Finance Specialist, that serves as the subject matter expert for community development finance and capital access within the Appalachian Business Builders initiative. This role is responsible for providing technical leadership in the design, structuring, and financial modeling of a regional Community Development Financial Institution (CDFI) serving Allegany, Garrett, and Washington Counties. The Specialist supports ecosystem analysis, capitalization strategy, governance planning, and development of the final business plan and implementation proposal.
 
Work Location & Travel
Hybrid/remote work environment with periodic travel across Allegany, Garrett, and Washington Counties, in Western Maryland, for engagement sessions and research validation.
 Essential Duties and Responsibilities
Community Finance Ecosystem Analysis (Ongoing)
Analyze regional capital access landscape, identify financing gaps, and support development of the Needs Assessment and financing gap analysis.
CDFI Structuring & Product Development (Milestone-Driven)
Define CDFI organizational structure and design lending products aligned with community needs and best practices.
Capitalization Strategy & Financial Modeling (Recurring)
Develop capital strategy including funding sources, investment opportunities, and financial projections to support sustainability.
Governance & Operational Model Support (Phase-Driven)
Provide input on governance structures, board composition, and operational models to ensure viability and scalability.
Business Plan & Implementation Support (Deliverable-Focused)
Develop financial and capitalization sections of the business plan and support implementation proposal development.
Stakeholder Engagement & Technical Advisory (Continuous)
Engage financial institutions, investors, and stakeholders; provide technical guidance on CDFI models and financing strategies.
Documentation, Compliance & Quality Assurance (Continuous)
Maintain audit-ready financial documentation, ensure compliance with funding requirements, and support high-quality deliverables.
 

Required Qualifications
Demonstrated experience in community development finance, CDFI operations, small business lending, or capital access initiatives; strong financial modeling and analysis skills; knowledge of rural financing environments; strong communication and technical writing skills.
 

Certifications
Community development finance or financial certifications preferred but not required.
 
Highly Valued Certifications
Certified CDFI Professional; Economic Development Finance Professional (EDFP); or equivalent experience.
 
Key Competencies
Community Finance Expertise; Financial Modeling; Capital Strategy Development; CDFI Structuring; Stakeholder Engagement; Strategic Analysis; Compliance and Documentation; Problem Solving.
U.S. Citizenship Requirement:
This position is restricted to U.S. citizens only in accordance with federal contract requirements. Applicants must provide proof of U.S. citizenship (such as a U.S. passport, birth certificate, or Certificate of Naturalization) prior to employment. Non-citizens, including lawful permanent residents (Green Card holders), are not eligible for this role.

Equal Employment Opportunity: 
BVA Bears IT Solutions is committed to providing equal employment opportunities. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, sexual orientation, gender identity, age, disability, genetic information, military/veteran status, or any other characteristic protected by law. 
​

Flexible work from home options available.