Development Finance Analyst
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Development Finance Analyst
Salary
$81,246.00 - $111,479.00 Annually
Location
Minneapolis, MN
Job Type
Full-time
Job Number
2026-00119
Department
Finance & Property Services
Division
Finance Development
Opening Date
03/13/2026
Closing Date
3/29/2026 11:59 PM Central
FLSA
Exempt
Bargaining Unit
CPE
Description
Benefits
Questions
Position Description
Perform professional work involving financial resource management, the financial analysis of real estate development proposals, and the negotiation and structuring of financial terms and conditions; and participate in bond structuring, grant applications and legislative initiatives.
Work Location: This position may be eligible for flexible work arrangements, including hybrid work with some days working remotely and some days working in the office.
The City of Minneapolis does not sponsor applicants for work visas.
Job Duties and Responsibilities
Review development proposals involving or seeking City financial assistance, to determine the economic measures to make projects financially feasible; eligibility for assistance and how to structure assistance, and analyze and report on developer business and personal financial information to determine operational capacity and credit risk.
Consult with project development staff on the financial aspects of redevelopment projects and develop and analyze alternative financing scenarios; discuss funding vehicles available and take leadership role in determining an acceptable negotiating position with developers in regard to the amount of public funding that is offered to subsidize projects.
Meet with City staff and staff from other organizations and agencies to gather information used in project analysis and manage the creation of new TIF districts.
Monitor the financial performance of existing development projects, prepare reports on financial activities of TIF districts, and assist with initiating payments to TIF noteholders.
Meet with City Council, Mayor's Office and other interested parties to explain the analysis of project financial models and funding scenarios.
Design new financing packages, programs, tools and procedures to achieve City redevelopment objectives.
Prepare financial materials in support of grant applications, legislative initiatives, negotiations and public dissemination.
Assist in and/or represent the Department and City in negotiations with private and non-profit developers and in the preparation of financial components of contracts.
Advise developers as to the availability of specific financing resources and procedures.
Review, track and comment on legislative initiatives particularly as they relate to tax increment financing, tax code and local government aid.
Ensure compliance with the City's TIF policy and related policies.
Maintain effective working relationships with all involved parties to meet the objectives of the position.
Working Conditions: Normal office setting
Required Qualifications
Minimum Qualifications:Bachelor's Degree in Urban Planning, Public Administration, Finance, a related field or equivalent.
Minimum Experience:Five years of progressively responsible experience in development or redevelopment financing, city planning or public administration.
Equivalency: An equivalent combination of education and experience closely related to the duties of the position MAY be considered.
A resume is strongly encouraged but not required.
Selection Process
The selection process will consist of one or more of the following steps: a rating of relevant education and experience 100%. It is important that your application show all the relevant education and experience you possess. This information will be used to determine which candidates will proceed in the selection process. A submitted application is also used to verify the answers to any supplemental questions. Only those candidates who attain a passing score 70% on each step in the selection process will be placed on the eligible list. The City of Minneapolis Human Resources Department reserves the right to limit the number in any phase of the selection process.
Background Check
The City has determined that a criminal background check and/or qualifications check may be necessary for certain positions with this job title. Applicants may be required to sign an informed consent form allowing the City to obtain their criminal history and/or verify their qualifications in connection with the position sought. Applicants who do not sign the informed consent form will not be further considered for the position.
Union Representation
This position is represented by a collective bargaining agreement between the City of Minneapolis and the Minneapolis Professional Employees Association (CPE). For more information on the terms and conditions of this agreement please visit: Professional Employees - City of Minneapolis (https://www.minneapolismn.gov/government/departments/hr/labor-agreements/professional-employees/)
Eligible List Statement
The names of applicants who meet minimum qualification and who pass the screening process shall be placed on the eligible list for employment consideration. This list will be certified to the hiring manager who may use the list to fill a vacancy of the same job title. This eligible list will expire one month after it has been established.
Interview Selection
The hiring authority reserves the right to determine the maximum number of candidates to interview from the established eligible list. If the hiring authority decides to interview other than by exam score order, they may select additional people to interview based on a candidate's education or experience related to the field, work history, or skills uniquely related to the operational needs of the position.
Knowledge, Skills and Abilities
Knowledge of pro forma and credit analysis; taxable and tax exempt bond financing; and efficient uses of grant funds.
Knowledge of managerial and financial accounting procedures and processes.
Extensive knowledge of federal, state and local laws; rules and regulations related to the development process as well as knowledge of City and CPED Programs, policies and procedures; real estate finance, public financing programs and tools and their economic, political and legal uses.
Knowledge of standard and non-standard funding sources, i.e., bank mortgage requirements, low-income housing tax credits, federal funds, state funds and local funds.
Extensive knowledge of financial tools used in urban planning and development.
The ability to conduct financial analyses using computer software.
Ability to prioritize, plan, analyze and organize work.
Ability to communicate orally and in writing and make presentations involving technical content to non-technical audiences.
Excellent negotiation skills.
Experience in real estate development in private or non-profit enterprises is desirable.
As the largest and most vibrant city in the state, Minneapolis depends on purposeful, dedicated and innovative employees. Minneapolis has a large variety of careers for people of all experiences and backgrounds who come together for a singular purpose-serving the residents, businesses and visitors of Minneapolis.
The City of Minneapolis is proud to be an Equal Employment Opportunity employer.
Benefits Summary
Our employees enjoy competitive salaries and generous benefits. We pride ourselves on a comprehensive benefits program that supports employees' health and financial well-being. Programs, resources, and benefit eligibility varies based on position, average hours worked, location and length of service. For detailed benefits information, please visit the benefits page (http://www.minneapolismn.gov/hr/benefits/WCMS1Q-066289) .
Insurance
Health insurance
Eligibility for benefits begins the first of the month following employment date. The City of Minneapolis offers eligible employees one plan design (http://cityofminneapolis.welcometomedica.com/page/61) with a choice of six provider networks, allowing you to select the best option for you. Available plans include Medica Choice Passport, Medica Elect, VantagePlus with Medica, Park Nicollet and HealthPartners Medical Group First with Medica, Ridgeview Community Network powered by Medica, and Clear Value with Medica.
Dental insurance
The City of Minneapolis offers dental insurance through Delta Dental of Minnesota and pays 100% of the monthly premium for eligible employees.
Life insurance
The city provides basic life insurance of one times your annual salary up to $50,000. You can elect to purchase optional life insurance.
Paid time off
Our generous leave package includes vacation, holidays and paid sick leave, which gives employees the opportunity to enhance their quality of life outside work. Amounts and accrual rates are based on years of experience and collective bargaining agreements (http://www.minneapolismn.gov/hr/laboragreements/index.htm) .
Paid parental leave
City employees are eligible for up to 12 weeks of paid parental leave in the event of a birth or placement for adoption of a child.
Retirement
City employees earn a pension and may choose to participate in additional retirement savings programs.
Pension: The City of Minneapolis participates in the Public Employees Retirement Association (PERA). Employees and the City both contribute a percentage of your pay to fund future benefits.
Deferred compensation: Employees may choose to participate in pre-tax or after-tax savings plans through the Minnesota State Retirement System (MSRS).
Transportation
Eligible City employees may choose to participate in the following transportation programs:
Metropass: TheMetropass (http://www.minneapolismn.gov/hr/benefits/trans/benefits_pre-tax-transit) program allows eligible employees to enroll in a pass for unlimited bus or light rail rides at a discounted price.
Parking or Van Pool:The City of MinneapolisTransportation Benefits Plan (http://www.minneapolismn.gov/hr/benefits/trans/WCMS1P-113620) gives you options to pay certain commuting costs, such as qualified parking and van pool expenses, with pre-tax dollars.
Learning and development
To engage and develop employees, the City of Minneapolis offers classes in leadership, cultural agility, change management and more. Additionally, educational discounts at Augsburg University, Hamline University, St. Catherine's, and St. Mary's University of Minnesota are available to City employees.
Other perks
Employees can also take advantage of flexible spending accounts, theEmotional Wellbeing Solutions (https://www.minneapolismn.gov/government/departments/hr/benefits-wellness/) , health club discounts and more.
01
How did you find out about this position? (Select all that apply)
Recruiter
City of Minneapolis website
City of Minneapolis employee
City of Minneapolis Career Opportunities Bulletin
Friend, family, or community
League of Minnesota Cities website
Diversityjobs.com website
Governmentjobs.com website
Indeed.com website
Minnesotajobs.com website
Minnesota Council of Nonprofits website
Other Website
LinkedIn
Twitter / X
Facebook
Other social media site
Newspaper
Other media
College or University
Community organization
Job Fair
Professional association
Site Visit
None of the above
02
Please specify where you heard about the position (e.g., website name, City of Minneapolis employee name, job fair, professional association).
03
What is the highest level of education you have successfully completed?
High School Diploma/GED
Associate's Degree
Bachelor's Degree
Master's Degree
Doctorate
04
Please select the field of study in which you have obtained your degree in:
Urban Planning
Public Administration
Finance
Other
None of the above
05
If you marked 'Other' to previous question, please indicate what your degree is in.
06
How many years of progressively responsible experience in development or redevelopment financing, city planning or public administration do you have?
No Experience
Less than 1 year
1 year but less than 3
3 years but less than 5
5 years but less than 7
7 years but less than 9
9 or more years
07
Which of the following best describes your experience working on real estate development projects?
I have directly managed or led financial analysis for multiple real estate development projects from proposal through completion.
I have supported development projects by contributing to financial analysis, budgeting, or coordination with project partners.
I have worked adjacent to development projects (e.g., lending, planning, architecture, construction management) but did not directly manage project financials.
I have general finance or project management experience but limited exposure to development projects.
I have no direct experience with real estate development projects.
08
Which stakeholders have you worked with during development or construction projects?
Real estate developers
Commercial lenders or financial institutions
Architects or design teams
Contractors or construction managers
Government agencies or public sector partners
Investors or equity partners
Community organizations or neighborhood groups
I have not worked directly with development project stakeholders
09
What is your level of experience using Excel or similar tools for financial modeling?
Advanced - I regularly build or analyze complex financial models (e.g., development pro formas, investment analysis, scenario modeling).
Intermediate - I can review and modify financial models and use advanced formulas (e.g., financial functions, pivot tables, scenario analysis).
Basic - I primarily use Excel for budgeting, tracking data, and basic formulas.
Limited - I have minimal experience using Excel for financial analysis.
I have no experience in using Excel or similar tools for financial modeling
10
Which activities have you performed as part of managing or supporting development or capital projects?
Coordinating timelines between multiple project stakeholders
Tracking budgets or financial performance of projects
Managing project documentation or reporting requirements
Presenting financial or project updates to leadership or partners
Identifying risks and proposing solutions during project development
Monitoring compliance with funding requirements or agreements
I have not managed or supported development-related projects
11
How comfortable are you presenting financial or technical information to non-technical audiences (e.g., community stakeholders, leadership, or policymakers)?
Very comfortable - I regularly present financial analyses and explain complex models to non-technical audiences.
Comfortable - I have some experience presenting financial or technical information to varied audiences.
Somewhat comfortable - I have limited experience presenting financial information.
Not comfortable - I have little to no experience presenting financial analysis.
Required Question
Employer
City of Minneapolis
Address
350 South 5th Street
Room 1
Minneapolis, Minnesota, 55415
Phone
(612) 673-2282
Website
http://www.minneapolismn.gov/jobs
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