Job Description

Desplácese hacia abajo para ver todos los requisitos del puesto y las responsabilidades que pueden esperar los candidatos seleccionados.
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 the Director of Project Management. They will be primarily responsible for the following:

-
- Lead underwriting and closing for debt facilities and equity investments, coordinating successful, timely closings with all internal and external groups (e.g., closers, loan administrators, RETS, third‑party reports, counsel, other lenders, etc.) and ensuring the 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 Bank’s ownership interest in LIHTC investments and ensure consistency between the Bank’s lending documents and partnership documents.
- Act as the primary contact with the developer during the underwriting and closing process, emphasizing relationship building.
- Perform 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.
- Display intermediate proficiency in understanding and identifying associated risks (especially those particular to tax credit developments and IRC §42) and the ability to describe and/or devise mitigants.
- Draft and present 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 und

📌 CIC Sr. Project Manager (Jun)
🏢 Achievers Network
📍 Jun