Description

The Huntington Community Impact Capital (CIC) Project Manager (underwriter) will lead tax credit equity and debt underwriting and project management of affordable housing LIHTC projects and manage the internal relationships with the closing teams and external developer relationships.  The project manager will report to a Project Manager Team Lead. They will be primarily responsible for:

• Lead underwriting and closing for debt facilities and equity investments, and coordinating successful, timely closings with all internal and external groups (e.g., closers, loan administrators, RETS, third-party reports, counsel, other lenders, etc.).  Ensure proposed tax credit financed project complies with all tax provisions required to maximize investment value, including 704(b) capital account analysis.  Work with counsel to negotiate partnership agreement terms that protect the Banks’ ownership interest in LIHTC investments and ensure consistency between the Bank’s lending documents and partnership documents.
• Acting as primary contact with the developer during the underwriting and closing process with an emphasis on building relationships
• Financial modeling of tax benefits and capital account analysis, sources and uses, capital stack, development budget, operating budget pro forma, cash flow, benefit schedule, and other relevant analyses
• Intermediate proficiency in understanding and identifying associated risks (especially those particular to tax credit developments and IRC Section 42), and the ability to describe and/or devise mitigants.
• Drafting and presenting comprehensive memoranda summarizing the transaction, including deal structure, budgets, guarantor analysis, compliance, risks and mitigants, risk ratings, and final recommendations.  Memos should be of high quality and based on sound underwriting.
• Assisting in continuous improvement and development of various CIC infrastructure projects
• Collaborating with other CIC colleagues to create Best in Class project management, underwriting, closing, and asset management platform
• Working with CIC business development on analyzing and structuring opportunities prior to issuance of term sheets
• Acting as a key point of contact with Credit in investments and loans via regular and substantive updates to key issues
• Training junior employees and analysts
• Demonstrating strong stewardship over Huntington’s financial and community impact interests internally and in the communities where we invest
• Representing the Bank in industry events and participate in industry leading discussions, including policy

Basic Qualifications:

• Bachelor’s degree from accredited university. Finance, accounting, or business degree.
• 6+ years of LIHTC experience
• 4+ years of LIHTC (or CRE) underwriting and closing experience

Preferred Qualifications:

• 6+ years of LIHTC experience
• 4+ years of LIHTC (or CRE) underwriting and closing experience
• Tax credit syndications experience
• Technical knowledge of the LIHTC program
• Familiarity with other tax credit programs such as State and Historic Tax Credits and debt products
• Intermediate proficiency in excel modeling of debt and equity investments
• Intermediate knowledge of limited partnership agreements and loan documents with focus on guarantees and security
• Intermediate understanding of analyzing sponsor financial statements, real estate owned schedules, contingent liabilities, organizational structures, and business plans

• Strong presentation skills to Credit and other internal stakeholders

• Embrace Huntington’s values of Can-Do Attitude, Forward Thinking, and Service Heart
• Focus on Action
• A developed and focused growth mindset with the ability to pivot and be nimble in a growing division
• Knowledge of financial, accounting and/or technology systems
• Ability to work under tight deadlines and under pressure
• Ability to identify problems and recommend appropriate solutions
• Strong presentation skills
• Natural intellectual curiosity to assist in growing products and services

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Yes

Applications Accepted Through:

06/19/2026

Huntington expects to accept applications through at least the date above, and may continue to accept applications until the position is filled.

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible…