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Community Development Finance Jobs in Washington, DC

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 ...

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 ...

Jobot

Associate Attorney

Washington, DC

$120K - $165K/yr

Join a nationally focused affordable housing and community development practice * Gain exposure to complex real estate finance, regulatory, and development matters * Collaborate with experienced ...

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All JobsCommunity Development Finance JobsCommunity Development Finance Jobs in Washington, DC

Community Development Finance information

See Washington, DC salary details

$23.6K

$80.6K

$171.3K

How much do community development finance jobs pay per year?

As of Aug 8, 2026, the average yearly pay for community development finance in Washington, DC is $80,646.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,630.00 and $99,850.00 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 Washington, DC? For Community Development Finance jobs in Washington, DC, the most frequently searched job titles are:
What job categories do people searching Community Development Finance jobs in Washington, DC look for? The top searched job categories for Community Development Finance jobs in Washington, DC are:
Community Development Finance jobs near you
Infographic showing various Community Development Finance job openings in Washington, DC as of August 2026, with employment types broken down into 8% Internship, 84% Full Time, and 8% Part Time. Highlights an 100% In-person job distribution, with an average salary of $80,646 per year, or $38.8 per hour.

Deputy Director of Housing and Community Development

SOUTHERN MARYLAND TRI-COUNTY COMMUNITY ACTION COMMITTEE INC

Hughesville, MD • On-site

$95K - $123K/yr

Full-time

Re-posted 12 days ago

Job description

Job Description Summary: The Deputy Director of Housing and Community Development is responsible for planning, development, financing, implementation, and oversight of affordable housing and community development initiatives throughout Southern Maryland. This position provides leadership for all aspects of affordable housing development, including site acquisition, land development, financing, construction management, regulatory approvals, project implementation, and long-term asset management.


The Deputy Director serves as the Agency's lead management official responsible for affordable housing development activities involving the Low-Income Housing Tax Credit (LIHTC) Program, USDA Rural Development Programs, HOME Investment Partnerships Program, Community Development Block Grant (CDBG) funding, and other federal, state, local, and private financing sources. The position is responsible for development finance activities, including financial feasibility analysis, predevelopment financing, construction financing, permanent financing, multi-year operating projections, and long-term asset sustainability.


The Deputy Director oversees housing counseling services, rental housing operations, property management relationships, Office of Home Energy Programs (OHEP), Emergency Food Programs, maintenance operations, and other assigned community development initiatives. The position assembles and manages development teams, including architects, engineers, contractors, consultants, attorneys, lenders, syndicators, investors, and governmental agencies to ensure the successful completion of housing and community development projects.


The Deputy Director assists the President/CEO in the planning, administration, and strategic management of Agency operations. In the absence of the President/CEO, and when designated by the President/CEO or Board of Directors, the Deputy Director may serve as Acting Executive Officer and exercise delegated authority necessary to ensure continuity of Agency operations. The Deputy Director position reports directly to the President/CEO and is accountable for the effective and satisfactory performance of all essential job functions.


Position Requirements Summary:

Education & Experience

  • Required:
    • Bachelor’s degree in urban or Regional Planning, Real Estate Development, Civil Engineering, Public Administration, Business Administration, Community Development, Finance, or related field.
  • Required Experience:
    • Minimum five (5) years of experience in urban planning and housing development.
    • Minimum five (5) years of experience in construction project management, preferably projects valued at $6M or more.
    • Minimum five (5) years of progressively responsible supervisory or management experience overseeing program staff, contractors, and related services.
    • Demonstrated experience managing budgets, grants, contracts, funding applications, and long-term development finance activities.
  • Preferred Experience:
    • Experience with nonprofit 501(c) (3) affordable/workforce housing.
    • Experience with Community Action Agencies and federally funded programs.
    • Master’s degree in public administration, Business Administration, Community Development, Urban Planning, Real Estate Development, or related field.

Technical Expertise

  • Expertise in:
    • Low-Income Housing Tax Credit (LIHTC) Program.
    • USDA Rural Development program.
    • HOME Investment Partnerships Program.
    • Community Development Block Grant (CDBG) funding and other federal, state, local,

and private financing sources.

  • Affordable housing development finance
  • Construction management and project development.
  • Property management and asset management oversight.
  • Strong Financial Managements Skills:
    • Budgeting preparation and oversight
    • Funding application development
    • Development finance including predevelopment, construction, and permanent financing)
    • Long-term financial planning 20+ year proformas
    • Financial feasibility analysis and long-term asset sustainability planning
  • Ability to:
    • Analyze complex issues and develop effective solutions.
    • Work independently and manage multiple priorities.
    • Meeting deadlines in a fast-paced environment
    • Prepare reports, presentations, recommendations, and funding documents.
    • Use Microsoft Office Word, Excel, Outlook, and other software applications for data retrieval, spreadsheet creation, and reporting.

Professional Standards

  • Must always maintain confidentiality.
  • Demonstrates integrity, accountability, and professionalism.
  • Exercises sound judgment and discretion when handling sensitive agencies, personnel, financial, and program matters.

Communication & Leadership

  • Strong written and verbal communication skills
  • Proven ability to build and maintain professional relationships.
  • Demonstrates leadership, tact, diplomacy, and professionalism.
  • Ability to represent the Agency before governmental agencies, funding organizations, community stakeholders, and professional organizations as assigned.



Responsibilities and Duties:

Affordable Housing Development

Identify and evaluate sites suitable for affordable housing development.


Establish criteria and production schedules for finished lots and multi-family sites.


Source development opportunities through realtors, landowners, financial institutions, governmental entities, and other channels.


Lead affordable housing development activities involving LIHTC, USDA, HOME, CDBG, and other housing finance programs.


Financing & Resource Development

Identify and secure funding for pre-development and site acquisition.


Prepare and submit financing applications.


Maintain relationships with federal, state, local, and private funding sources.


Develop and manage long-term financial projections, including 20+ year proformas.


Oversee revenue streams, including rent collections and program funding.


Coordinate development finance activities, including financial feasibility analysis, predevelopment financing, construction financing, permanent financing, and long-term asset sustainability.


Regulatory Approvals & Compliance

Navigate zoning, subdivision, and environmental regulations, including:

  • Critical areas and wetlands
  • Road design and infrastructure requirements
  • Water/sewer allocation and stormwater management


Coordinate with project engineers and regulatory agencies.


Monitor and ensure timely approval processes.


Ensure compliance with federal, state, local, funder, investor, and program requirements.


Project Development & Management

Assemble and manage development teams, including architects, engineers, contractors, consultants, attorneys, lenders, syndicators, investors, and governmental agencies.


Negotiate contracts and agreements.


Oversee all phases of construction and development.


Monitor progress, coordinate inspections, and manage disbursement of funds.


Monitor project schedules, budgets, change orders, contractor performance, and project closeout requirements.

Program & Operational Oversight

Manage housing-related services, including:

  • Rental housing operations
  • Housing counseling and assistance
  • Office of Home Energy Program
  • Emergency Food Assistance Program
  • Maintenance operations


Oversee property management agreements and ensure effective rental operations.


Monitor assigned program performance, service outcomes, reporting requirements, and compliance deadlines.


Provide supervision, guidance, and accountability for assigned staff and contractors.


Executive Support and Acting Authority

Assist the President/CEO in the planning, administration, and strategic management of Agency operations.


Provide leadership and support on special projects, organizational initiatives, and community partnerships.


Represent the Agency before governmental agencies, funding organizations, community stakeholders, and professional organizations as assigned.


Prepare reports, presentations, and recommendations for the President/CEO, Board of Directors, and funding agencies.


In the absence of the President/CEO, and when designated by the President/CEO or Board of Directors, serve as Acting Executive Officer and exercise delegated authority necessary to ensure continuity of Agency operations.


Perform other duties as assigned.


Licenses or Certifications:

  • Community Development Certification, required within one (1) year of hire.
  • Valid Maryland Driver's License.


Special Requirements:

  • State and Federal Bureau of Investigation Criminal background check.
  • National Sex Offender Registry Check.
  • Physical examination and Tuberculin PPD Tine Test at hire and annually.
  • Pre-employment, random, and post-accident drug and alcohol testing.
  • Current Certified Driving Record.


Physical Demands:

  • Effort Level: Limited physical effort.
  • Requirements:
    • Minimal physical activity.
    • Primarily sedentary or light tasks.
    • Occasional travel to agency sites, meetings, conferences, and development project locations.


Application Instructions:

Applications Accepted By:

  • Mail: SMTCCAC, Inc. – Human Resources Department P.O. Box 280 Hughesville, MD 20637
  • Online: http://www.smtccac.org

Required Documents:

  • A Completed application
  • A current resume

⚠️ Important: Applications and resumes that are incomplete or missing required information will not

be considered.

An Equal Opportunity/Affirmative Action Employer