Agenda

Novogradac 2022 New Markets Tax Credit Conference

Agenda

Please note: Agenda is set in Pacific Time

Please view CPE info here.

WEDNESDAY, OCTOBER 27, 2021

WEDNESDAY, JANUARY 19, 2022

9:00 am - 4:00 pm

The Basics of New Markets Tax Credits (in-person only) - additional fee required

Learn the fundamentals of the New Markets Tax Credit program, including the background, roles of significant players, the alphabet of CDEs, QEIs, QLICIs and QALICBs, how to avoid recapture and more, from experts with years of experience consulting on NMTC transactions.

Discussion Topics from Spring 2021 workshop:

Background and purpose of NMTC program
The basic NMTC structure
Tax credit pool, application process and award process
Claiming the credits
The leverage structure
Allocation application and rounds
CDEs (service areas, governing/advisory boards)
QALICBs
QLICIs and the sub-all test
Avoiding credit recapture

Tracks:

Speaker: Erin Neff, Principal, Novogradac

Speaker: Lisa Gibson, Director, Advisory, TAG by Cherry Bekaert

Speaker: Ashley Wicks, Attorney, Butler Snow

Speaker: Brad Elphick, Partner, Novogradac

12:00 pm - 4:00 pm

Beyond the Basics of New Markets Tax Credits (in-person only) - additional fee required

Experienced NMTC practitioners will benefit from this workshop that includes such topics as monetization of assets and financial feasibility, how to prove true debt, managing exit strategies and twinning the NMTC with state deals. It includes a Q&A session where you can get specific answers for your transactions.

Discussion Topics from Fall 2021 Workshop:

Structures
Monetization of assets and financial feasibility
Proving true debt
Exit strategies
Original Issue Discount (OID)
Twinning with state credits

Tracks:

Speaker: Neil Faden, Partner, Manatt, Phelps & Phillips LLP

Speaker: Gregory Clements, Partner, Novogradac

Speaker: Nicolo Pinoli, Partner & Conference Chair, Novogradac

THURSDAY, JANUARY 20, 2022

7:30 am - 9:00 am

Women and Allies Breakfast (in-person only)

Are you ready to discover, create and increase the experience of 'joy' in your work? During this breakfast networking session, get to know other women and allies in the tax credit community. Our featured speakers will be discussing how you can find joy in your work and create fulfilment in everyday tasks. All attendees are welcome to attend.

Tracks:

Speaker: Elaine Chang, Partner, Novogradac

Speaker: Najah Adams, Training Program Manager, US Bank CDC

TUESDAY, MARCH 22, 2022

THURSDAY, JANUARY 20, 2022

9:00 am - 10:30 am

Conference Welcome & The Washington Report

9-9:10am | The conference chair welcomes attendees and previews what to expect over the next two days.

9:10-10:30am | Hear the latest on what’s happening concerning community development in Washington, D.C., including the potential to legislatively expand and enhance the new markets tax credit. Gain a deeper understanding of legislation during a mid-term election year and hear how the 2022 mid-terms could affect the future of NMTC.

Tracks:

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

Speaker: Francine Friedman, Senior Policy Counsel, Akin Gump

Speaker: Nicolo Pinoli, Partner & Conference Chair, Novogradac

Speaker: Bob Rapoza, President and Principal, Rapoza Associates

Moderator: Brad Elphick, Partner, Novogradac

10:30 am - 10:45 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:

10:45 am - 11:45 am

Equity, Investors and the NMTC

Learn how the equity and investment market looks at the start of 2022. Gain a deeper understanding of how the $5 billion NMTC allocation rounds and the COVID-19 pandemic affected equity pricing and what to expect going forward. Insiders provide suggestions to help you make your development more attractive to investors.

Tracks:

Speaker: Steve Kramer, Senior Vice President , U.S. Bancorp Community Development Corp.

Moderator: Gregory Clements, Partner, Novogradac

Speaker: Nicole Boone, Vice President, Community Development Banking, Chase

Speaker: Donna Nuccio, VP NMTC Investing, New Markets Support Company

11:45 am - 1:30 pm

Lunch

1:30 pm - 2:30 pm

NMTC's Favorite Twin: Pairing with the Historic Tax Credit

The new markets tax credit is often paired with the historic tax credit to close financing gaps. Hear best practices in pairing the incentives from people with experience doing so. Learn when it makes sense and how to maximize efficiency in your transaction.

Tracks:

Speaker: Tabitha Atkins, Vice President, Cross Street Partners

Speaker: Amanda Bloomberg, Acquisitions Manager, NTCIC

Speaker: Darryl Jacobs, Attorney, Ginsberg Jacobs LLC

Moderator: Michael Kressig, Partner, Novogradac

2:30 pm - 2:45 pm

Balance Break

Tracks:

2:45 pm - 3:45 pm

Case Studies: Learning from Others’ Experience

Hear real-world examples of NMTC transactions in different scenarios from those who have experience. Learn about the roles of nonprofits, efforts to work in rural or metropolitan areas and working with targeted populations and gain insight from others’ experience.

Tracks:

Speaker: Aisha Benson, EVP, Director NMTC, TruFund Financial Services, Inc.

Speaker: Sara Pietka, Director of Community Investments, Ecotrust

Moderator: Warren Sebra, Partner, Novogradac

Speaker: Jake Kaplan, Senior Associate, Alston & Bird

3:45 pm - 4:00 pm

Balance Break

Tracks:

4:00 pm - 5:00 pm

Lessons Learned From CY 2021 Application Round

Hear takeaways from the recently closed CY 2021 application round from experts, including lessons learned and things to take into consideration for the next application round. This session includes an opportunity to ask questions and get answers.

Tracks:

Speaker: Elaine DiPietro, President, Blooming Ventures

Speaker: Cam Turner, Principal, United Fund Advisors

Speaker: Nicolo Pinoli, Partner & Conference Chair, Novogradac

Moderator: Bob Ibanez, Senior Public Policy Manager, Novogradac

5:00 pm - 6:00 pm

Networking Reception

Cap off the first day of the conference by gathering with other attendees.

Tracks:

FRIDAY, JANUARY 21, 2022

8:00 am - 9:00 am

Registration and Breakfast/Login

9:00 am - 10:15 am

Making Diversity, Equity, Inclusion Fundamental

Gain insight on what’s happening, what’s possible and what’s challenging in a world with an extra focus on diversity, equity and inclusion. Learn how to transition from seeing DEI as one value to it being fundamental in your organization–from people who focus on DEI every day.

Tracks:

Moderator: Blair Kincer, Partner, Novogradac

Speaker: Amy Hook, Chief Social Impact Officer, Novogradac

Speaker: Laura Vowell, Director of Business Development, U.S. Bancorp Community Development Corporation

Speaker: Kermit Billups, Executive Vice President, Greenline Ventures

Speaker: Oliver Baines, President and CEO, Central Valley NMTC

10:45 am - 11:45 am

Avoiding a Messy Unwind (JOIN HERE)

Unwinding the NMTC transaction often brings complications–this panel will discuss issues that arise, how to address those issues and what you can do to avoid complications.

Tracks:

Moderator: Nicolo Pinoli, Partner & Conference Chair, Novogradac

Speaker: Sonia Nayak, Partner, Nixon Peabody

Speaker: Jonathon Konow, Executive Director | Head-NMTC Asset Management, Chase