Novogradac 2022 Affordable Housing Conference

Agenda

Please note: The agenda is set in Pacific Time

Please find CPE info here.

WEDNESDAY, APRIL 27, 2022

10:00 am - 5:00 pm

LIHTC 101: The Basics Workshop

The low-income housing tax credit (LIHTC) can be complex, but this preconference workshop simplifies concepts by explaining the roles, types of tax credits, ownership structures, project timelines, how to avoid recapture and more.

Tracks:

Speaker: Andrea Murray, Manager, Novogradac

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

Speaker: Robert Bennett, Principal, Novogradac

1:00 pm - 5:00 pm

LIHTC 301: Running the Numbers

Gain a deeper understanding about developing affordable housing and what investors consider when looking at your next development. This workshop explores the sources and uses of a development, taxable income and additional technical considerations you should be thinking about while analyzing the return to the investor.

Tracks:

Speaker: Warren Sebra, Partner, Novogradac

Speaker: Miao Xue, Partner, Novogradac

Speaker: Karie McMillen, Principal, Novogradac

THURSDAY, APRIL 28, 2022

8:00 am - 9:00 am

Breakfast and Login

9:00 am - 9:05 am

Conference Welcome

The conference chair welcomes attendees and highlights the schedule for the next two days.

Tracks:

Speaker: Jeff Nishita, Partner, Novogradac

9:05 am - 9:30 am

Keynote Address

Our expert speaker, Treasurer Fiona Ma, shares insight on the importance of LIHTC proposals, such as lowering the private activity bond financing threshold to 25%, is so important for California.

Tracks:

Speaker: Fiona Ma, Treasurer, state of California

9:30 am - 10:45 am

The Washington Report

A panel of affordable housing insiders discuss whether expansion of the LIHTC is possible in a mid-term election year and provides a look at the potential legislative and regulatory landscape for 2023 and 2024.

Tracks:

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

Moderator: Michael Novogradac, Managing Partner, Novogradac

Speaker: Emily Cadik, Executive Director, The Affordable Housing Tax Credit Coalition

Speaker: David Gasson, Executive Director, Housing Advisory Group

10:45 am - 11:00 am

Balance Break

11:00 am - 12:00 pm

Investors Insights

LIHTC investors share insights on the state of the marketplace as we near the mid-point of 2022. Learn what types of properties are most attractive to investors, where things are trending and what options might work best for you.

Tracks:

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

Speaker: Brian McMahon, Senior Vice President, R4 Capital

Moderator: Alvin Lee, Partner, Novogradac

12:00 pm - 1:30 pm

Networking Lunch

1:30 pm - 2:30 pm

Twinning 9% and 4% LIHTCs Case Study

More developers are twinning 9% and 4% low-income housing tax credits–and more states are encouraging that practice. Hear about the challenges and opportunities that come with this structure and whether it could work for you.

Tracks:

Moderator: Nicolo Pinoli, Partner, Novogradac

Speaker: Christine Robertson, Senior Developer, Pennrose

Speaker: Erik T. Hoffman, Partner, Klein Hornig

Speaker: Stephanie Naquin, Manager, Novogradac & Company LLP

2:30 pm - 2:45 pm

Balance Break

2:45 pm - 3:45 pm

Nonprofit Issues for LIHTCs

Many nonprofit organizations develop LIHTC properties and many others provide services to residents. Hear about the complexities and opportunities, whether you are a nonprofit or are a developer interested in partnering with a nonprofit.

Tracks:

Speaker: Dan Bronfman, Managing Director , Pacific Western Bank

Speaker: Heather Hood, VP, Northern California Market, Enterprise

Moderator: Lance S. Smith, Partner, Novogradac

Speaker: Larry Florin, CEO and President, Burbank Housing

Speaker: Michael Massie, Chief Development Officer, Jamboree Housing

3:45 pm - 4:00 pm

Balance Break

4:00 pm - 5:00 pm

Challenges and Opportunities with Bond-Financed Properties

The number of properties financed with private activity bonds and 4% LIHTCs continues to increase, but that financing structure comes with challenges. As more states enact competition for limited bond resources, learn how to make your property attractive. Also get tips on best ways to ensure you pass the 50% test and other issues that arise with bond-financed properties.

Tracks:

Speaker: Dan Bronfman, Managing Director , Pacific Western Bank

Speaker: Jen Brewerton, Vice President, Dominium

Moderator: Warren Sebra, Partner, Novogradac

Speaker: Ethan Ostrow, Founding Partner, Norris George & Ostrow PLLC

5:00 pm - 6:00 pm

Networking Reception

Tracks:

FRIDAY, APRIL 29, 2022

8:00 am - 9:00 am

Breakfast and Login

9:00 am - 9:30 am

Keynote Address

Our expert speaker, Tia Boatman Patterson, shares insight on the Biden administration priorities for affordable housing, including budgeting and the use of tax incentives, how attendees can best advocate for affordable housing priorities and lessons she learned in California.

Tracks:

Speaker: Tia Boatman Patterson, Associate Director, Housing, Treasury, & Commerce at the White House Office of Management & Budget

9:30 am - 10:20 am

California’s Affordable Housing Strategy

The nation’s most populous state has an ongoing affordable housing crisis and has committed an unprecedented amount of funding to housing-related issues in recent years. Hear how developers are combining incentives and tapping into state resources. Learn whether it’s making a difference and whether other states may duplicate the approach.

Tracks:

Speaker: Nancee Robles, Executive Director | Interim Executive Director, California Tax Credit Allocation Committee | California Debt Limit Allocation Committee

Speaker: Gustavo F. Velasquez, Director, California Department of Housing and Community Development

Speaker: Tiena Johnson Hall, Executive Director, California Housing Finance Agency

Moderator: Melissa Chung, Principal, Novogradac

10:25 am - 11:15 am

Year 15: Options and Decision

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 moment in a LIHTC property’s lifespan.

Tracks:

Moderator: Renee Beaver, Partner, Novogradac

Speaker: Jennifer Erixon, Senior Vice President, Alliant Capital

Speaker: Gary Downs, Transactional real estate attorney and founding partner, Downs Pham & Kuei LLP

11:20 am - 12:10 pm

COVID Relief Funds for Affordable Housing, Legislation and Guidance

Proposed legislation–facilitating the use as much as $8 billion in flexible COVID-19 relief funds for affordable housing–and regulatory updates have made changes to affordable housing and could create more. This panel discusses the impact of enacted and proposed changes on properties under construction and those already placed in service.

Tracks:

Speaker: Paula Prahl, Partner, Chief Policy and Corporate Affairs Officer & Executive Vice President, Dominium

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

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