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Community Development Finance Jobs in New York (NOW HIRING)

Jobtailor

Credit Officer

Manhattan, NY · On-site

$65 - $95/hr

Demonstrated interest in a career in community development finance. * Strong financial analysis skills, including ability to analyze financial statements, project development budgets, and project ...

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Community Development Finance information

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$24.1K

$82.1K

$174.4K

How much do community development finance jobs pay per year?

As of Aug 30, 2026, the average yearly pay for community development finance in New York is $82,119.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,464.00 and $101,674.00 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.

What are popular job titles related to Community Development Finance jobs in New York?

For Community Development Finance jobs in New York, the most frequently searched job titles are:

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

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

What cities in New York are hiring for Community Development Finance jobs?

Cities in New York with the most Community Development Finance job openings:

Community Development Finance jobs near you
Infographic showing various Community Development Finance job openings in New York as of August 2026, with employment types broken down into 6% Internship, 83% Full Time, and 11% Part Time. Highlights an 100% In-person job distribution, with an average salary of $82,119 per year, or $39.5 per hour.

Sr Relationship Manager, Community Development Lending & Investment

KeyBank

New York, NY • On-site

Full-time

Posted 20 days ago

KeyBank rating

8.2

Company rating: 8.2 out of 10

Based on 99 frontline employees who took The Breakroom Quiz

51st of 173 rated banks

Job description

Location:
1301 Avenue of the Americas, New York New York
Job Summary
The Sr Relationship Manager, Community Development Lending and Investments (CDLI) originates, structures, and negotiates low-income housing tax credit (LIHTC) investments. This role is responsible for sourcing opportunities, developing and maintaining client relationships, and supporting the growth of KeyBank's national affordable housing platform. The position offers the opportunity to manage a regional market, build deep client relationships, and contribute to sustainable community development.
Essential Functions
  • Originate and manage a portfolio of community development loans and equity investments, including affordable housing, Low-Income Housing Tax Credit (LIHTC) projects, and other CRA-qualified activities.
  • Identify and maintain relationships with high-profile clients, organizations, and agencies in the affordable housing industry.
  • Develop marketing strategies and plans for specific regions and clientele.
  • Cross-sell financial solutions and bank products.
  • Negotiate and structure transactions to ensure long-term viability of real estate investments.
  • Collaborate with internal partners (credit, legal, compliance, CRA, and risk) to structure deals and ensure smooth transition.
  • Monitor industry trends and competitive landscape.
  • Develop and maintain relationships with nonprofit organizations, community development financial institutions (CDFIs), housing developers, and public sector partners.
  • Represent the bank at community events, industry conferences, and stakeholder meetings to enhance visibility and impact.
  • Performs other duties as assigned; duties, responsibilities and/or activities may change or new ones may be assigned at any time with or without notice
  • Complies with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of Key's clients and Key.

Education
  • Bachelor's Degree in Business, Finance, Economics, Urban Planning, or Real Estate (preferred)
  • OR equivalent experience (required)

Work Experience
  • 5+ years of experience originating low-income housing tax credit (LIHTC) investments deals (required)
  • Ability to structure and negotiate affordable housing loans (required)
  • Experience with community development lending or commercial real estate lending programs (Fannie Mae, Freddie Mac, HUD) (preferred)
  • Proven track record in business development and client relationship management. (required)

Skills
  • Building and maintaining strong, long-term relationships with clients, partners, and stakeholders to support business growth and client satisfaction.
  • Understanding and applying LIHTC programs to structure and originate affordable housing investments.
  • Assessing, structuring, and managing loans for commercial real estate projects, including affordable housing developments.
  • Evaluating financial statements, project feasibility, and investment returns to support sound lending and investment decisions.
  • Reaching mutually beneficial agreements with clients and partners through effective communication and deal structuring.
  • Navigating and utilizing federal and state loan programs such as HUD, Fannie Mae, and Freddie Mac to support community development projects.
  • Staying informed on trends, regulations, and market dynamics in affordable housing and community development finance.
  • Clearly conveying information and ideas through verbal and written channels to internal teams, clients, and external stakeholders.
  • Guiding teams, influencing stakeholders, and driving initiatives that align with organizational goals and community impact.
  • Prioritizing tasks and managing multiple projects efficiently to meet deadlines and client expectations.
  • Aligning investment strategies with social impact goals, particularly in underserved and low-income communities.
  • Identifying opportunities, anticipating challenges, and developing long-term plans that align with business and community objectives.
  • Identifying, assessing, and mitigating financial and operational risks associated with lending and investment activities.
  • Understanding and addressing the unique needs of clients to deliver tailored financial solutions and exceptional service.
  • Understanding the lifecycle of real estate projects, including planning, financing, construction, and asset management.

Core Competencies
  • All KeyBank employees are expected to demonstrate Key's Values and abide by Key's Code of Conduct.

Physical Demands
  • General Office - Prolonged sitting, ability to communicate face to face in person or on the phone with teammates and clients, frequent use of PC/laptop, occasional lifting/pushing/pulling of backpacks, computer bags up to 10 lbs.

Travel
  • Occasional travel to include overnight stay.

Work Location Category
  • Onsite

COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $116,000.00 - $216,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
Please click here for a list of benefits for which this position is eligible.
Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.
Job Posting Expiration Date: 09/30/2026KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
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About KeyBank

Sourced by ZipRecruiter

Key is one of the nation's largest bank-based financial services companies. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Cleveland, OH, US

Year founded

1849

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