Huntington (NASDAQ: HBAN;
) announces that William Hinga has been named managing director for Community Development Investments. In his new role, Hinga will serve as the principal business development officer for Huntington and will manage the development of new investment opportunities in the areas of affordable housing and small business development.
“Bill brings more than 20 years of experience in affordable housing and community development leadership to Huntington,” said Ron Dugas, Huntington’s director of Community Development. “He will be a strong asset to Community Development Investments as he possesses a thorough understanding of housing and small business development, housing tax credit financing, subordinated debt, and other financial evaluation strategies. His expertise will assist Huntington in its mission of providing affordable housing and small business investment opportunities throughout our six-state footprint.”
Prior to coming to Huntington, Hinga worked at Red Capital Group, LLC from 2002-2012 as senior managing director, where he drove new business development in a five-state region, including generating mortgage, mezzanine and equity investments for multifamily and seniors housing. Following the PNC sale of Red Capital in 2010, Hinga managed and restructured the Tax Credit Equity Group for disposition in 2012 and co-directed the Affordable Housing Group, which included the origination of FHA and Fannie Mae multifamily mortgage loans for profit and non-profit borrowers.
Before working at Red Capital Group, Hinga was president and senior vice president of Banc One Community Development Corporation from 1996-2002, where he originated low-income housing tax credits, historic tax credits, small business investments, and affordable housing mortgage loans. From 1994-1996, Hinga was vice president of Bank One Community Lending and vice president of Bank One Commercial Real Estate Lending from 1990-1994.
Hinga holds a Bachelor of Arts degree in economics from the University of Notre Dame in South Bend, Ind. and a MBA from The Ohio State University Executive MBA Program. He is a current member and past president of the Ohio Housing Council and a member of the National Association of Affordable Housing Lenders.