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Community Development Finance Jobs in Virginia (NOW HIRING)

Guidehouse

Affordable Housing Finance Consultant

Mclean, VA · On-site

$74K - $124K/yr

Experience working with public-sector organizations, housing authorities, housing finance agencies, community development organizations, or affordable housing developers. * Experience with different ...

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Community Development Finance information

See Virginia salary details

$21.4K

$73K

$155.1K

How much do community development finance jobs pay per year?

As of Sep 15, 2026, the average yearly pay for community development finance in Virginia is $73,050.00, according to ZipRecruiter salary data. Most workers in this role earn between $41,332.00 and $90,445.00 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 Virginia?

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

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

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

What cities in Virginia are hiring for Community Development Finance jobs?

Cities in Virginia with the most Community Development Finance job openings:

Infographic showing various Community Development Finance job openings in Virginia as of August 2026, with employment types broken down into 6% Internship, 78% Full Time, and 16% Part Time. Highlights an 100% In-person job distribution, with an average salary of $73,050 per year, or $35.1 per hour.

DIRECTOR OF COMMUNITY DEVELOPMENT

West Point, VA • On-site

City of West Point, MS
See more jobs at City of West Point, MSexternal

Full-time

Re-posted 11 days ago

Job description

Salary: See Position Description
Location : West Point Town Hall, VA
Job Type: Full-time Permanent
Job Number: 2026-0005
Department: Department of Community Development
Opening Date: 08/05/2026
Closing Date: Continuous
The Town of West Point, Virginia is seeking qualified applicants for the position of
Director of Community Development. The Town of West Point is in east-central Virginia on the Middle Peninsula and is situated at the confluence of the Mattaponi and Pamunkey Rivers that forms the York River. The Town has a population of 3400+, offering a top-ranking public-school system and named one of the safest towns in the Commonwealth of Virginia.
Anticipated Hiring Range: $88754.47-$113161.04 DOE (Grade 26)
The Director of Community Development is a department head position which directs and administers the Town's community development, planning and zoning, and environmental compliance programs and services. This position provides a full range of management, technical, administrative and field services to maintain, implement, and ensure compliance with the Zoning Ordinance, Subdivision Ordinance, Comprehensive Plan, and sections of the Town's Code of Ordinances. The position fills the roles of Planning Manager and Zoning Administrator.
The candidate would have a bachelor's degree in urban planning or related field plus two years' experience and/or training that includes planning/growth management and/or zoning administration or an equivalent combination of education, training, and experience. Preferred qualifications include a master's degree and related leadership experience in local government planning, zoning, and development.
Please refer to the following link for a complete listing of available benefits:
01
A minimum of a bachelor's degree is required for this position. A master's degree is strongly preferred. What is your highest degree?
  • No Degree
  • Some College
  • Associate's Degree
  • Bachelor's Degree
  • Some grad school, no degree
  • Master's Degree
  • Doctorate Degree
  • Other

02
Please list in what field your degree (s) are in as well as any additional degrees.
03
Please list certifications/licensures you hold, if any:
04
In which of the following do you consider your knowledge and experience proficient? Proficient means a minimum of two years independent experience applying knowledge and skills and/or supervising in a given area. To multiple select, follow instructions for your PC or Mac.
  • Budgeting
  • Building Inspections and permits
  • Economic Development
  • Engineering
  • Finance
  • Fire Safety
  • GIS
  • Human Resources
  • Parks and Recreation
  • Planning
  • Police
  • Public Works and Utilities
  • Other

05
If you responded with "other" in the prior question, please list areas of experience here.
06
Do you have any experience working in local government? If, yes, please explain.
Required Question

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