Instructor Lead | Mar 15-19 2026

DEV_AH101vcx: The Fundamentals of Affordable Housing Development

This course provides hands-on training in the financial planning of multifamily housing developments. You will explore how to assess project feasibility by analyzing costs, income, and funding sources including debt, equity, and subsidies.

What You'll Learn

Through case studies, you’ll learn to build and interpret proformas, and understand the stages of development, and apply both static and dynamic financial analysis. Designed for professionals in housing, asset management, or construction, this course equips you with the tools to confidently participate in real estate finance and development

  • Understand the key steps and challenges in affordable housing development from start to finish.
  • Analyze project feasibility, budgets, and funding sources using real-world examples and practical tools.
  • Build confidence to participate in development teams and make informed, mission-driven decisions.

Course Schedule

Day 1: Introduction & Foundations

Monday, March 10, 2025 | 9:00 AM - 1:00 PM PT
Kickoff session covering course overview, introductions, and foundational concepts


Day 2: Self-Paced Activities
Tuesday, March 11, 2025
Complete assigned readings, exercises, and prepare for Day 3


Day 3: Advanced Topics
Wednesday, March 12, 2025 | 9:00 AM - 1:00 PM PT
Live instruction on advanced strategies and case studies


Day 4: Final Project & Review
Thursday, March 13, 2025
Complete final assignments and submit certification requirements

Course Curriculumr

  • Getting Started
    7 lessons
    • Welcome!
    • Learning Journey
    • Meet Your Instructor
    • Course Competencies
    • Course Completion and Attendance Policy
    • Course Schedule
    • Course Toolbox
  • Pre-Work
    3 lessons
    • Introduction Forum
    • Segregated by Design Video
    • Project Development Timeline Activity
  • Day 1 Live Session Information
    1 lessons
    • Join Information
  • Day 1 Live Session 1: Overview of the Affordable Housing Development Process
    3 lessons
    • Session 1 Overview
    • Session 1 Materials
    • Session 1 Supplemental Resources
  • Day 1 Live Session 2: Site & Project Feasibility
    3 lessons
    • Session 2 Overview
    • Session 2 Materials
    • Session 2 Supplemental Resources
  • Day 2 Coursework
    3 lessons
    • Group Work Documents
    • Day 2 Assignment: Build Your Budget
    • Day 2 Assignment: Task 4b: Build Your Budget: Basic Feasibility
  • Day 3 Live Session Information
    1 lessons
    • Join Information
  • Day 3 Live Session 1: Development Budgets
    3 lessons
    • Session 1 Overview
    • Session 1 Materials
    • Session 1 Supplemental Resources
  • Day 3 Live Session 2: Construction & Asset Management
    3 lessons
    • Session 2 Overview
    • Session 2 Materials
    • Session 2 Supplemental Resources
  • Day 4 Coursework
    2 lessons
    • Day 4 Assignment: Task 5: Budgets: Preliminary Costs and Sources & Uses
    • Day 4 Assignment: Task 6: Value Engineering Problems and Case Study
  • Wrap-up
    2 lessons
    • Course Completion Instructions
    • Foundations of Affordable Housing Production Micro-Credential Information

Who This Course Is For

Ideal For:

  • New housing counselors entering the field
  • Community development professionals expanding into counseling roles
  • Nonprofit staff supporting affordable housing programs
  • Anyone seeking HUD housing counseling certification
  • CDC staff providing homeownership education

What to Expect

Welcome to this accelerated 4-day faculty-led course which is designed for optimal interactivity and engagement. Days 1 and 3, are each comprised of a total of 4 hours of live online instruction, divided into two sessions with a 1-hour break in between. Days 2 and 4 are dedicated to self-paced completion of all activities and assignments. All required coursework is due by 11:59 p.m. PT on the designated day of class.

Pre-Work & Preparation

Pre-Work & Preparation

Complete all pre-work by provided deadlines

Active Participation

Active Participation

Attend live sessions and engage in collaborative activities

Software Requirements

Software Requirements

Microsoft Excel and Zoom proficiency required

Hardware Setup

Hardware Setup

Dual monitors, webcam, and file management capabilities

Budget Exercises

Budget Exercises

Six hands-on Excel assignments for practical application

Learning Reinforcement

Learning Reinforcement

Assignments designed to strengthen real-world skills

Your Instructor

Maura Camosse-Tsongas

Maura Camosse-Tsongas

Faculty Member | Neighborworks

Maura Camosse Tsongas is a current faculty member at NeighborWorks America, teaching courses in affordable housing development, financial modeling, and community development. She has extensive experience in housing policy, program development, and community engagement. Maura holds a BA in African Studies from Mount Holyoke College and a Master’s in Environmental Science from the University of Wisconsin and a Master’s in Urban and Regional Policy from Northeastern University.

What Learners Are Saying

"This course gave me exactly what I needed to get started in housing counseling. The practical tools and real-world examples made it easy to apply what I learned immediately with my clients."

Maria Rodriguez

Housing Counselor, Urban CDC

"As someone transitioning from social work into housing counseling, this course provided the perfect foundation. The content was incredibly relevant to my daily work."

David Chen

Community Development Specialist

"The instructor's expertise really shines through in every module. I appreciated the balance of theory and practical application."

Sarah Johnson

Housing Program Manager

Community Engagement Master Credential

Community Engagement Master Credential

CB105vcx is one of five courses that make up this Master Credential

Courses needed to earn this credential:

  • CB105vcx
  • CB106vcx
  • CB107vcx
  • CB108vcx
  • CB200vcx
Learn More

Ready to Get Started?

Join hundreds of housing counselors building the skills to create lasting community impact

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$295
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Complete Course Bundle

Get this course plus additional training modules at a special bundled price. Perfect for professionals seeking comprehensive housing counseling expertise.

This bundle includes:

  • Housing Counseling Fundamentals (this course)
  • Financial Capability for Housing Counselors
  • Foreclosure Prevention Strategies
  • Rental Housing Counseling Advanced
  • All downloadable resources and templates
  • Lifetime access to all courses
$1,180
$795
You save $385!
Enroll in Bundle