General Session
Thursday, December 3, 2015
Registration & Breakfast
8:00-9:00 am
Welcome
9:00-9:15 am
Speakers
- Mike Morrison, Novogradac & Company LLP
Capitol Hill Update
9:15-10:30 am
Hear about important tax reform proposals, including updates on the Senate Finance Committee's proposed tax extenders. Delve also into key state legislation such as California' state LIHTC bills. Experts, who are working with advocates in Congress, provide their outlook on the LIHTC's future.
Speakers
- Michael Novogradac, Novogradac & Company LLP (moderator)
- Orlando Cabrera, Squire Patton Boggs LLP
- David Gasson, Boston Capital
- Richard Goldstein, Nixon Peabody LLP
- Rick Lazio, Jones Walker LLP
By Michael J. Novogradac, Novogradac & Company LLPOriginally Published in the October 2015 Journal of Tax Credits
Break
10:30-10:45 am
Equity Marketplace Trends to Watch for in 2016
10:45 am-Noon
Investors and syndicators provide perspective on what's driving the equity market. They preview the year ahead and share tips on ways to raise equity. Panelists will also discuss trends and share their ideas on investment structuring.
Speakers:
- Brad Elphick, Novogradac & Company LLP (moderator)
- Omar Chaudhry, Alden Torch Financial LLC
- Darrick Metz, WNC & Associates
- Raoul Moore, Enterprise Community Investment Inc.
- Michael Ramires, The Richman Group
- Ronne Thielen, R4 Capital
Luncheon
Noon-1:30 pm
Concurrent Session I
Year 15 Strategies for a LIHTC Partnership
1:45-2:45 pm
Year 15 planning for a low-income housing tax credit (LIHTC) partnership starts even before the development is placed in service. Our panelists will cover the major Year 15 issues that a LIHTC partnership should consider during its initial development structuring, as well as the exit strategies available for investors and general partners in Year 15 and their tax consequences. Our expert developers and investors will discuss how a LIHTC partnership can be best prepared for Year 15.
Speakers
- Alvin Lee, Novogradac & Company LLP (moderator)
- Tim Flint, Tax Credit Group of Marcus & Millichap
- Cliff McDaniel, ARA Newmark-National Affordable Housing Group
- Shawn McKenna, ProLink Solutions
- Thomas Morton, Pillsbury Winthrop Shaw Pittman LLP
Break
2:45-3:00 pm
Purchasing Property or Partnership Interests
3:00-4:00 pm
Thinking of buying or selling your GP interest in an affordable housing partnership? Come hear industry experts discuss what should be done when performing due diligence and what pitfalls to avoid. Listen to the panel discuss how to value a GP interest.
Speakers
- Brad Weinberg, Novogradac & Company LLP (moderator)
- Jim Kroger, Novogradac & Company LLP
- Tom Mangum, Wentwood Capital Advisors LP
- Nicki Cometa, Affirmed Housing Group
By Brad Stanhope, Novogradac & Company LLPOriginally Published in the June 2015 Journal of Tax Credits
Break
4:00-4:10 pm
Current Compliance Issues
4:10-5:00 pm
Complying with federal and state rules for affordable housing rental properties is a rigorous endeavor, as regulations are updated and definitions evolve. Hear how to apply guidance from the IRS's LIHTC Audit Technique Guide or HUD's hold-harmless rules to keep your LIHTC property in compliance.
Speakers
- George Littlejohn, Novogradac & Company LLP (moderator)
- Mike Price, Travois
- Mike Sugrue, StoneLeaf Companies
- Dirk Wallace, Novogradac & Company LLP
Article
By Christina Latief and Jim Kroger, Novogradac & Company LLPOriginally Published in the September 2015 Journal of Tax Credits
Concurrent Session 2
Year 15 Strategies for Nonprofits
1:45-2:45 pm
Panelists will discuss new funding sources for affordable housing, including new state housing tax credit programs, creative financing solutions for new money or refinancing opportunities, as well as gap financing and operating assistance for many LIHTC developments.
Speakers
- Warren Sebra, Novogradac & Company LLP (moderator)
- Phil Melton, Bellwether Enterprise Real Estate Capital LLC
- Bill Truax, Community Development Inc.
- Thomas Vandiver, Dentons
Break
2:45-3:00 pm
HUD Program Updates
3:00-4:00 pm
Hear updates regarding recent HUD programs, specifically proposed cuts to the HOME program funding, increases in the cap of RAD program public housing units and RAD conversions.
Speakers
- Satinder "Lucky" Bhardwaj, Novogradac & Company LLP (moderator)
- Eric Novak, Praxis Consulting Group LLC
- Monica Sussman, Nixon Peabody LLP
- Ted Toon, U.S. Department of Housing & Urban Development
- Paul Weissman, Hunt Companies
By Buzz Roberts, National Association of Affordable Housing LendersOriginally Published in the September 2015 Journal of Tax Credits
Break
4:00-4:10 pm
New Funding Sources for LIHTC Properties
4:10-5:00 pm
Panelists will discuss new funding sources for affordable housing, including new state housing tax credit programs, creative financing solutions for new money or refinancing opportunities, as well as gap financing and operating assistance for many LIHTC developments.
Speakers
- Paul Charron, Novogradac & Company LLP (moderator)
- Hampton Mallis, Sugar Creek Capital
- Tammy Ofek, CapM Funding
- Mathew Wambua, Richmac Funding
- Helen Feinberg, RBC Capital Markets
Article
By Teresa Garcia, Novogradac and Company LLPOriginally Published in the October 2015 Journal of Tax Credits
Tax Credit Housing Finance Conference Reception
5:00-6:30 pm