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Community Development Finance Jobs (NOW HIRING)

Intern-Community Development

Mankato, MN ยท On-site

$18 - $20/hr

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

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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 Jul 14, 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.

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:
Infographic showing various Community Development Finance job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 76% Full Time, 19% Part Time, 1% Temporary, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $75,113 per year, or $36.1 per hour.
COMMUNITY DEVELOPMENT FUND INTERN

COMMUNITY DEVELOPMENT FUND INTERN

National Community Reinvestment Coalition

Washington, DC โ€ข On-site

$18.40/hr

Internship

Re-posted 8 days ago


Job description

Job Type
Internship
Description
The intern will support the mission of the NCRC Community Development Fund Inc. (NCRC CDF), which is to equip entrepreneurs with insights, tools, capital, and strategies to strengthen their businesses and set themselves apart in a changing landscape. The intern will support a focused project on data collection, impact tracking, and key member analysis to understand program outcomes better and strengthen engagement with Community Development Financial Institutions (CDFI) partners.
Requirements
REPORTS TO: DIRECTOR OF SMALL BUSINESS SUPPORT SERVICES
The Community Development Fund Intern is responsible for the following tasks:
  • Assisting with the collection and organization of impact data (e.g., job retention, capital accessed, business growth outcomes, etc.)
  • Supporting analysis of client, program, and partner data to identify trends and insights.
  • Researching key member organizations to better understand engagement, needs, and opportunities for collaboration.
  • Supporting data management and maintenance within HubSpot (CRM) and ensuring data accuracy and consistency.
  • Contributing to internal reports, summaries, and presentations to support program improvement and decision-making.
  • Conducting outreach and engagement activities to support data collection and strengthen member insights.
  • Participating in continuous improvement initiatives and cross-functional collaboration.
  • Organizing files, data systems, and documentation related to program impact and reporting.
  • Other duties as assigned by the Director of Small Business Support Services.

QUALIFICATIONS:
  • Preferably enrolled in an undergraduate or graduate program

KNOWLEDGE, SKILLS, AND ATTRIBUTES:
  • Strong analytical and research skills.
  • Understanding of small business development and interest in community impact.
  • Ability to work with quantitative data and collect qualitative insights through outreach and engagement.
  • Detail-oriented, with the ability to manage and organize data accurately.
  • Familiarity with or willingness to learn CRM systems (preferably HubSpot).
  • Strong written and verbal communication skills.
  • Ability to work effectively with diverse entrepreneurs.
  • Strong organizational and time management skills, with the ability to meet deadlines.
  • Proactive, with strong critical thinking and problem-solving skills.
  • Proficiency in Microsoft Office (Excel, Word, and Access a plus).
  • Ability to work independently and collaboratively.

LOCATION:
This position is based in Washington, DC, near McPherson Square Metro as part of a hybrid environment with Tuesdays, Thursdays, and sometimes Wednesdays in the office.
This paid internship offers an hourly wage of $18.40. Interns are expected to work no more than 30 hours per week