Agenda

Novogradac 2021 Tax Credit Housing Finance Conference

Agenda

Please find CPE info here.

Please note: Agenda is set for Pacific Time

WEDNESDAY, DECEMBER 1, 2021

10:00 am - 5:00 pm

The Basics Workshop

The low-income housing tax credit world can be confusing, but this preconference workshop helps you navigate it well, explaining the roles, the types of tax credits, the ownership structures, the development timelines, the ways to avoid recapture and more.

2021 Fall Discussion Topics:

Affordable housing overview
Credits at a state and national level
Credit calculation at the building level
Typical ownership structure
Tax credit pricing
Qualified allocation plans
Development timeline
Acq/rehab deals
Minimum set-aside, income limits, rent limits
How credits are earned, claimed, and recaptured

Tracks:

Speaker: Mark Shelburne, Senior Manager, Public Policy, Novogradac

Speaker: Joyce Hsia, Manager, Novogradac

Speaker: Andrea Murray, Manager, Novogradac

1:00 pm - 5:00 pm

Year 15 Workshop

As low-income housing tax credit properties approach the end of their 15-year compliance period, developers face decisions concerning the option to buy out the limited partner, resyndicate the property, refinance and more. Gain a deeper understanding about the possibilities and opportunities at a crucial period in a LIHTC property’s lifespan. Consideration of these issues should begin well before construction, so regardless of where a property is in its lifespan, there are benefits to maximizing understanding of options and approaches.

2020 Discussion Topics:

Capital Account Basics
Special rules for nonprofit right of first refusal
Understanding the economics of the limited partner exit
Buying property vs buying LP partnership interest
Early exit by limited partner
Resyndication
Qualified Contracts

Tracks:

Speaker: Justin Chubb Lurya, Manager, Novogradac

Speaker: Brent Parker, Partner, Novogradac

THURSDAY, DECEMBER 2, 2021

8:00 am - 9:00 am

Registration and Breakfast/Login

9:00 am - 10:45 am

Conference Welcome & Washington Report

9-9:15am: Conference Welcome 9:15-10:45am: Washington Report A panel of affordable housing experts discuss how recent legislation affected housing and what might happen in the final weeks of 2021. Come hear what’s in store for affordable housing in 2022.

Tracks:

Speaker: Peter Lawrence, Director of Public Policy and Government relations, Marketing, Novogradac

Moderator: Michael Novogradac, Managing Partner, Novogradac

Speaker: Orlando Cabrera, Partner, Arnall Golden Gregory

Speaker: Jennifer Schwartz, Director of Tax and Housing Advocacy, National Council of State Housing Agencies

10:45 am - 11:00 am

Balance Break

Reset for the next session. In-person attendees can grab a snack, visit the exhibit hall or make a connection in the network lounge. Online attendees can grab a snack, peruse the exhibit tab or make a connection in the chat.

Tracks:

11:00 am - 12:00 pm

Investors, Equity and You

Learn about the current LIHTC equity market, as well as how to maximize LIHTC equity in a development. Hear how the COVID-19 pandemic affected equity pricing and whether there is a continuing impact. Our panel explores factors in pricing and takes a look at what to expect going forward.

Tracks:

Moderator: John DeJovine, Principal, Novogradac

Speaker: Kevin Welsh, Senior Vice President I Acquisitions, Red Stone Equity

Speaker: Richard Shea, Senior Vice President - Acquisitions, CREA LLC

Speaker: Jessica Captanis, Vice President – Originations, Western Region, WNC

Speaker: Cory Bannister, Senior Vice President, R4 Capital

12:00 pm - 1:20 pm

Luncheon

1:30 pm - 2:30 pm

Debt and Financing Options

A panel of experts shares the latest on creative ways to finance transactions with debt, including state and federal options. Find out what might work for you and the benefits of options you may not have previously considered.

Tracks:

Speaker: Matt Zarlengo, Vice President Debt and Equity Investments, The Community Development Trust

Speaker: Katie Crippen, Senior Loan Officer, Mercy Loan Fund

Speaker: Aaron Wooler, Managing Director , Lument

Moderator: Miao Xue, Partner, Novogradac

2:30 pm - 2:45 pm

Balance Break

Tracks:

2:45 pm - 3:45 pm

Advanced Forecasting

Accurate and substantial financial models are crucial for underwriting, attracting investors, and the ultimate success of affordable housing properties. Hear about different options, what investors are looking for, and how sophisticated forecasts can make a difference in your financing.

Tracks:

Speaker: Erin O'Neill, Assistant Vice President, S.B. Clark Companies

Moderator: Jeff Nishita, Partner & Conference Chair, Novogradac

Speaker: Melissa Chung, Principal, Novogradac

Speaker: Tylee Kessler, Director of Investment Underwriting, RBC Capital Markets

3:45 pm - 4:00 pm

Balance Break

Tracks:

4:00 pm - 5:00 pm

Nonprofit Issues

Nonprofit organizations play an increasingly important role in LIHTC development. Experts share how nonprofits navigate affordable housing, what issues often arise and share best practices.

Tracks:

Speaker: Welton Jordan, Chief Real Estate Development Officer, EAH Housing

Speaker: Mike Finn, Chief Financial Officer, National Core

Speaker: Waldon Swenson, Vice President of Corporate Affairs, Nevada HAND

Moderator: Renee Beaver, Partner, Novogradac

Speaker: Amy Case, Chief Financial Officer, Jefferson Housing Authority

5:00 pm - 6:30 pm

Networking Reception

Tracks:

FRIDAY, DECEMBER 3, 2021

8:30 am - 9:30 am

Registration and Breakfast/Login

9:30 am - 10:20 am

Preservation Pointers - Sponsored by Alliant Strategic

While new-construction LIHTC developments get a lot of attention, the preservation of affordable housing is increasingly important. Hear how structuring and financing sources differ for transactions involving the preservation of LIHTC-financed housing and hear how to work with state and local agencies to see success in preservation.

Tracks:

Moderator: Russell Ginise, President, Alliant Strategic

Speaker: Colette DaFoe, Office Managing Partner, Nixon Peabody

Speaker: Pamela West, Managing Director - Real Estate Impact Investing, Nuveen Real Estate

Speaker: Paul Smith, Senior Director, Capital Markets, JLL

10:20 am - 11:10 am

Navigating the Competitive PAB World

As states see increased competition for private activity bonds and the 4% LIHTCs that accompany them, developers are adjusting. Hear best practices to increase the likelihood of receiving PABs and gain an increased understanding of how bond-financed transactions work.

Tracks:

Speaker: Claudia O'Grady, Vice President, Multifamily Finance, Utah Housing Corporation

Speaker: Eric Novak, President, Praxis Consulting Group LLC

Speaker: Lisa Vatske, Division Director, Multifamily Housing and Community Facilities, Washington State Housing Finance Commission

Moderator: Charlie A Rhuda, Partner, Novogradac

11:10 am - 12:00 pm

New Housing Legislation

This panel will do a deeper dive into current affordable housing legislation and explore their details and how they can affect the affordable housing industry. Hear how the incentives would work, who would participate and what you should be doing now to get ready.

Tracks:

Speaker: Benson Roberts, President/CEO, National Association of Affordable Housing Lenders

Speaker: Steve Aichroth, Administrator, Nevada Housing Division

Moderator: Peter Lawrence, Director of Public Policy and Government relations, Marketing, Novogradac

Speaker: Jennifer Schwartz, Director of Tax and Housing Advocacy, National Council of State Housing Agencies