Underwriting Intern (LIHTC) - Summer 2027

We need to output HTML fragment with sections only if real content. The posting includes: Job Type line (Part-time, Temporary, Internship) - we can fold into a short p maybe. Description: paragraphs. Then bullet-like list of responsibilities (Assist in the review...). Then more paragraphs about projects, manager/mentor, final presentation, weekly Development Days with sub-bullets. Then Requirements: bullet list of requirements (students who have completed at least sophomore year, college graduates welcome, high school diploma or GED). Then company description paragraph (Ranked as top-performing...). That's substantive. We need headings: Use

for section headings like About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We need to decide which sections have content. We have description (About the role) - we can use

About the role

then paragraphs. Responsibilities: we have list of duties (Assist in review..., Assist in drafting..., Assist in populating..., Assist in reviewing..., Assist in tracking..., Be assigned projects..., The goal..., The aim..., Have both a manager..., Be given opportunity..., Have a better understanding..., We also offer weekly Development Days...). Some of these are more like responsibilities and also benefits. We'll group responsibilities as bullet list. Requirements: bullet list. Qualifications? Not separate; maybe we can combine with Requirements. But we could have a Qualifications section if there is content like "College graduates are welcome to apply as well." That's part of requirements. We'll keep Requirements. Skills: not explicit. Benefits: weekly Development Days could be considered benefits. But we already included that in responsibilities? Could create Benefits section for Development Days. However we need to avoid thin sections. We could include Benefits section with bullet list of Development Days offerings. That seems substantive. Pay: not mentioned. Schedule: Part-time, Temporary, Internship mentioned in Job Type line. Could include Schedule section with that info. But we need to avoid placeholder like "Part-time, Temporary, Internship" is actual info, so we can include Schedule section. But the instruction: Prefer a few substantive sections over many thin ones. So maybe combine Schedule into About the role paragraph? Could include a short p with Job Type. But they said do NOT put Job ID/requisition numbers as headings — fold minor metadata into a short

or drop it. Job Type is metadata; we could fold into a short p under About the role. Thus we could have sections: About the role (includes job type and description), Responsibilities, Requirements, Benefits (Development Days). That's four sections. We must not repeat job title as heading. No job title given explicitly; we have "LIHTC Underwriting Intern". We must not repeat as heading. We must preserve all substantive information. Ensure we don't lose any details. Let's extract content: Job Type: Part-time, Temporary, Internship. Description paragraphs: "Are you looking for an internship that encourages creativity and innovation? We believe our people make the difference in our business, and our interns are no exception. In our internship program you will be responsible for supporting your assigned team with a variety of projects and administrative work. No coffee runners work here in the summer; you will do real work that you can add to your resume once you have completed this program. For our top performing interns, this program is our pipeline for many of our entry level full-time positions." Then bullet list of duties (starting with "As a LIHTC Underwriting Intern, you will…"). We need to keep the bullet points exactly as given, but we can rephrase? Must preserve all substantive information, not invent or summarize away detail. We can keep the same sentences. List: - Assist in the review of due diligence items that include but are not limited to: Market studies, Appraisals, Property audits and/or operating statements, Tax credit documentation, Financing documents - Assist in drafting sections of the investment committee memo - Assist in populating the Underwriting Workbook in Excel using information within due diligence items and the financial model - Assist in reviewing and inputting information from property income statements into the team's stabilization analysis template - Assist in tracking the Google Alert inbox daily - Be assigned projects tailored to your department. - The goal is that you will take what you have learned in your course work, apply it to your projects and then implement those solutions or recommendations. - The aim is for these projects to help you build and broaden technical ability as well as help develop emotional intelligence (AKA soft skills). - Have both a manager and mentor to help guide you through our program and your day-to-day work. - Be given the opportunity to deliver a final presentation of your project results and make business recommendations to your department, team members and executive leadership. - Have a better understanding of “what we do and how we do it” and be prepped and ready to enter the workforce. - We also offer weekly Development Days to help our interns grow professionally and learn about our industry. These offerings include… - Mock interviews and resume review with our talent management team to help prepare you to enter the workforce. - LinkedIn training to help you build and develop your personal profile and teach you about online professional networking. - DISC Assessment – coursework on how to leverage work styles and preferences to help improve teamwork, communication, and productivity in the workplace. - “Company Insiders” Training – Listen to current Merchants employees tell their success stories and learn about who we are and what each department does to support our success. Then Requirements: "We are looking for… Students who have completed at least their sophomore year of college. College graduates are welcome to apply as well. High school diploma or GED from an accredited institution required." Then company description paragraph: "Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank, Merchants Capital Corp., and Merchants Mortgage, a division of Merchants Bank. Merchants Capital was established in August of 1990 as a mortgage banking firm specializing in multifamily housing and health care facilities finance. With extensive experience in these types of finance, the company is a premier provider and servicer of Multifamily, Affordable, Healthcare, and Student Housing. Our mission is simple: to provide the best origination and service of our loan and investment products with exceptional customer service, accuracy, creativity, speed, and conformance to regulations." We need to output HTML fragment only. Structure:

About the role

Part-time, Temporary, Internship. Are you looking for an internship that encourages creativity and innovation? We believe our people make the difference in our business, and our interns are no exception. In our internship program you will be responsible for supporting your assigned team with a variety of projects and administrative work. No coffee runners work here in the summer; you will do real work that you can add to your resume once you have completed this program. For our top performing interns, this program is our pipeline for many of our entry level full-time positions.

Then responsibilities:

Responsibilities

• Assist in the review of due diligence items that include but are not limited to: Market studies, Appraisals, Property audits and/or operating statements, Tax credit documentation, Financing documents
• Assist in drafting sections of the investment committee memo
• Assist in populating the Underwriting Workbook in Excel using information within due diligence items and the financial model
• Assist in reviewing and inputting information from property income statements into the team's stabilization analysis template
• Assist in tracking the Google Alert inbox daily
• Be assigned projects tailored to your department.
• The goal is that you will take what you have learned in your course work, apply it to your projects and then implement those solutions or recommendations.
• The aim is for these projects to help you build and broaden technical ability as well as help develop emotional intelligence (AKA soft skills).
• Have both a manager and mentor to help guide you through our program and your day-to-day work.
• Be given the opportunity to deliver a final presentation of your project results and make business recommendations to your department, team members and executive leadership.
• Have a better understanding of “what we do and how we do it” and be prepped and ready to enter the workforce.

But note the weekly Development Days part is also a responsibility? It's more like a benefit. We could move that to Benefits section. Thus we should separate: The bullet "We also offer weekly Development Days..." and its sub-bullets go to Benefits. Thus responsibilities list ends before that. Now Benefits:

Benefits

• Mock interviews and resume review with our talent management team to help prepare you to enter the workforce.
• LinkedIn training to help you build and develop your personal profile and teach you about online professional networking.
• DISC Assessment – coursework on how to leverage work styles and preferences to help improve teamwork, communication, and productivity in the workplace.
• “Company Insiders” Training – Listen to current Merchants employees tell their success stories and learn about who we are and what each department does to support our success.

But we need to include the introductory sentence: "We also offer weekly Development Days to help our interns grow professionally and learn about our industry. These offerings include…" Could be a

before the ul. Thus:

Benefits

We also offer weekly Development Days to help our interns grow professionally and learn about our industry. These offerings include:

...

Now Requirements:

Requirements

• Students who have completed at least their sophomore year of college.
• College graduates are welcome to apply as well.
• High school diploma or GED from an accredited institution required.

Now we might also include a section About the company? Not required headings list includes About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We could add a Qualifications section but we already have Requirements. Could add a short paragraph about company under About the role? Already we have description; we could add a separate section "About the company" but not in allowed headings. Better to incorporate company description into About the role paragraph after the initial description? Or we could add a separate section "About the company" but not allowed heading; we could use

About the company

for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). It says e.g., implying those are examples but we could use others? It says use

for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). Likely they expect only those headings. So we should stick to those. Thus we need to fit company description somewhere. Could put it in About the role paragraph after the initial description. That's fine. Thus About the role paragraph will include: Job Type line, description, and company description. Let's craft:

About the role

Part-time, Temporary, Internship. Are you looking for an internship that encourages creativity and innovation? We believe our people make the difference in our business, and our interns are no exception. In our internship program you will be responsible for supporting your assigned team with a variety of projects and administrative work.