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Community Development Finance Jobs in Virginia (NOW HIRING)

Recruiter Consultant

Arlington, VA · On-site

$40 - $50/hr

Background recruiting for development finance or investment roles * Existing network within the DC-based international development community Work Environment Requirements This is a fully remote ...

CFO

Norfolk, VA · On-site

$165K - $248K/yr

... finance and administration, public housing, Housing Choice Voucher or Section 8 programs, property management, community development, and construction or real estate development activities. • ...

... community. You will lead by example, empowering their team to offer loan products that meet our ... Development, Financial Sales, Management Development, Finance, Full-time, Career, Benefits ...

... Community customers to deliver innovative solutions that strengthen national security. The ... You will work closely with program management, business development, finance, legal, procurement ...

... Community customers to deliver innovative solutions that strengthen national security. The ... You will work closely with program management, business development, finance, legal, procurement ...

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Showing results 1-20

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 Jun 17, 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 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 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 June 2026, with employment types broken down into 1% As Needed, 94% Full Time, and 5% Part Time. Highlights an 80% Physical, 9% Hybrid, and 11% Remote job distribution, with an average salary of $73,050 per year, or $35.1 per hour.
Senior Manager-Real Estate Development

Senior Manager-Real Estate Development

City of Hampton

Hampton, VA • On-site

$79K - $142K/yr

Other

Posted 8 days ago


City Of Hampton (Virginia) rating

7.4

Company rating: 7.4 out of 10

Based on 12 frontline employees who took The Breakroom Quiz

430th of 649 rated public administrative organizations


Job description

Function Help shape Hampton's future. The Senior Manager of Real Estate Development leads high-profile, complex development projects that grow the City's business tax base, expand employment opportunities, and support a strong, pro-business climate. This position serves as a key strategic partner to the City's Economic Development Authority (EDA), Hampton Redevelopment and Housing Authority (HRHA), and multiple City departments.

What You'll Do: Real Estate Development & Project Management Manage and coordinate complex, high-visibility real estate development projects for the City and EDA. Serve as project manager for City/EDA/HRHA projects, including solicitation and evaluation of development proposals, negotiation support, and monitoring compliance with development agreements. Create solicitation documents to attract qualified development teams and analyze the financial feasibility of proposed projects.

Coordinate with City departments, the EDA, and HRHA to ensure publicly owned property is "development ready" (zoning, permitting, inspections, and infrastructure needs). Serve as the primary point of contact for selected development teams to ensure on-time, on-budget project delivery in accordance with approved agreements. Asset Management: Maintain and manage the real estate inventory/database for City-, EDA-, and HRHA-owned properties.

Assist with negotiating real estate transactions and assessing the feasibility of public investment in development projects. Lead efforts to develop and maintain City-owned business parks, including capital maintenance planning and budgeting. Strategic & Stakeholder Engagement: Support implementation of City-wide economic development strategies and department objectives.

Provide staff support to the EDA and maintain strong relationships with developers, investors, business leaders, and regional/state partners. Prepare and deliver clear written reports, presentations, and briefings for City Council, boards, and internal and external stakeholders. Minimum Requirements: Requires any combination of education and experience equivalent to a Bachelor's degree in Business Administration, Public Administration, Economics, Construction Management, Real Estate, or a related field of study.

Requires a minimum of seven (7) years of full-time equivalent experience in commercial property sales, real estate development, real estate asset management, economic development, community development, or related professional activities. Must possess a valid driver's license and must have and maintain a satisfactory driving record based on the City of Hampton's criteria. Must successfully pass a background check before any offer of employment or promotion.

Additional Requirements: Requires extensive sales, project management, negotiating, and computer skills. Requires effective communication with internal and external customers. Ability to communicate effectively both in writing and orally, such as briefings and presentations; ability to read and interpret documents, such as laws, regulations, contracts, and financial and accounting reports.

Demonstrates strong project management skills. Ability to perform mathematical calculations, such as those required in preparing financial reports, economic and statistical reports, cost estimates, and budgets. Ability to foster positive public relations and work effectively with diverse groups; to establish and maintain effective working relations with the public, developers, investors, and the business community.

May require working beyond a standard 40-hour workweek, including evenings and weekends. Frequent contact with the general public, City Manager, EDA, the business community, the Hampton Roads Alliance, the Virginia Economic Development Partnership, and other governmental agencies. The incumbent may be considered "essential personnel" during City emergencies or at the discretion of the City Manager, which may include long hours and unusual schedules.

Click here for a complete job description "Join the City of Hampton team. As a proud V3 (Virginia Values Veterans) employer and a designated Military Spouse-Friendly Employer, we are committed to supporting veterans and military spouses. We offer a welcoming and inclusive workplace that recognizes the unique skills and experiences that military families bring.

Come work for Hampton, a vibrant waterfront community celebrating and embracing 400 years of history and innovation, creating an even more dynamic future. We are located in the center of the Hampton Roads region and offer lots of waterfront fun, rich and diverse history, and a vibrant restaurant scene. Hampton offers excellent benefits, career and professional development, tuition reimbursement, and other benefits."


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