Novogradac 2022 Spring New Markets Tax Credit Conference

Agenda

Please note: Agenda is set in Eastern Standard Time

Find CPE info here.

WEDNESDAY, JUNE 8, 2022

9:00 am - 4:00 pm

NMTC 101: The Basics

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 Fall 2022 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:

Rebecca Darling photo

Speaker: Rebecca Darling, Partner, Novogradac

Ashley Wicks photo

Speaker: Ashley Wicks, Attorney, Butler Snow

Jodie Fish photo

Speaker: Jodie Fish, Manager, Novogradac

THURSDAY, JUNE 9, 2022

8:00 am - 9:00 am

Registration and Breakfast/Login

9:00 am - 9:05 am

Conference Welcome

The conference chair welcomes attendees and previews educational and networking opportunities for the next two days.

Tracks:

Gregory Clements photo

Speaker: Gregory Clements, Partner, Novogradac

9:05 am - 9:30 am

Keynote Address

Our esteemed guest provides a look at the state of the NMTC and gives insight on what may be coming.

Tracks:

Richard Neal photo

Speaker: Richard Neal, Chairman, House Ways and Means Committee

9:30 am - 10:45 am

Washington Report

A panel of experts shares how the upcoming midterm elections could change Congress and what that would mean to the community development world. They also discuss what to expect concerning legislation to make the NMTC incentive a permanent part of the tax code and how regulatory matters could affect community development.

Tracks:

Bob Rapoza photo

Speaker: Bob Rapoza, President and Principal, Rapoza Associates

Jeff McMillen photo

Speaker: Jeff McMillen, Partner, Akin Gump Strauss Hauer & Feld LLP

Merrill Hoopengardner photo

Speaker: Merrill Hoopengardner, President, NTCIC

Michael Novogradac photo

Moderator: Michael Novogradac, Managing Partner, Novogradac

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 Success

NMTC insiders share insight on successful NMTC investments, including what investors are looking for and how to make your transaction attractive. Hear what lessons they’ve learned during two-plus years of pandemic and what they’re expecting in the coming months.

Tracks:

Annette Stevenson photo

Moderator: Annette Stevenson, Partner, Novogradac

Jim Howard photo

Speaker: Jim Howard, President, Dudley Ventures

John Chamberlain photo

Speaker: John Chamberlain, Senior Vice President, Capital One

Tom Oldenburg photo

Speaker: Tom Oldenburg, Vice President, US Bancorp Community Development Corporation

12:00 pm - 1:30 pm

Networking Lunch

1:30 pm - 2:30 pm

NMTC Plus...

Learn how the NMTC can work with other tax incentives, including the historic tax credit and renewable energy tax credits. Also, hear about how states encourage developments with special incentives and how Small Business Administration assistance can help fill financing gaps.

Tracks:

Joseph Bredehoft photo

Speaker: Joseph Bredehoft, Partner, Husch Blackwell LLP

Austin Power photo

Speaker: Austin Power, Principal, Novogradac

Nicholas Anderson photo

Speaker: Nicholas Anderson, Partner, Spencer Fane LLP

2:30 pm - 2:45 pm

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:

2:45 pm - 3:45 pm

Finishing Strong

Winding down an NMTC transaction can bring complications and this panel will address some best practices and warning signs for those involved. Hear what you should be doing ahead of time to get ready for the end of the deal.

Tracks:

Rob Bryant photo

Moderator: Rob Bryant, Partner, Novogradac

Leah Rogan photo

Speaker: Leah Rogan, Managing Director, NMTC, Enterprise Community Investment Inc.

Brooke Roseberry photo

Speaker: Brooke Roseberry, Vice President and Senior Asset Manager, US Bancorp Community Development Corporation

Shawn Whitney photo

Speaker: Shawn Whitney, Shareholder, Polsinelli

3:45 pm - 4:00 pm

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:

4:00 pm - 5:00 pm

Investing in Diversity

Get insight on what’s happening and what’s possible when there’s a special focus on diversity, equity and inclusion. Hear how DEI can move from a value to a fundamental in your business plan and hear what you can be doing in your organization to grow DEI.

Tracks:

Robert Bennett photo

Moderator: Robert Bennett, Principal, Novogradac

Oliver Baines photo

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

Sameer Patel photo

Speaker: Sameer Patel, , Manatt, Phelps & Phillips, LLP

5:00 pm - 6:00 pm

Networking Reception


Tracks:

FRIDAY, JUNE 10, 2022

8:00 am - 9:00 am

Registration and Breakfast/Login

9:00 am - 9:30 am

Keynote Address

CDFI Fund Director Jodie Harris shares insight into the new markets tax credit incentive, including how the CDFI Fund is approaching upcoming rounds and what stakeholders should know about community development. Hear about the NMTC from the person at the helm of the organization that oversees the credit.

Tracks:

Jodie Harris photo

Speaker: Jodie Harris, Director, CDFI Fund

9:30 am - 10:25 am

CDFI Fund Insights

Representatives of the CDFI Fund share what to expect from the 2021 allocation round and what changes could be coming for 2022. Hear about changes in the application and compliance issues and have your questions answered.

Tracks:

Oscar Gonzales photo

Speaker: Oscar Gonzales, Associate Program Manager, Financial Strategies and Research, CDFI Fund

Christopher Allison photo

Speaker: Christopher Allison, Program Manager for New Markets Tax Credit Program, CDFI Fund

Bob Ibanez photo

Moderator: Bob Ibanez, Senior Public Policy Manager, Novogradac

10:30 am - 11:20 am

Understanding the "But For"

The “But for” standard is key for validating NMTC investments and this panel will provide case studies that reveal how to make the case. Understand the best practices for showing the importance of an NMTC development and how to measure them.

Tracks:

Erin Neff photo

Moderator: Erin Neff, Principal, Novogradac

Kermit Billups photo

Speaker: Kermit Billups, Executive Vice President, Greenline Ventures

Darryl Jacobs photo

Darryl Jacobs, Attorney, Ginsberg Jacobs LLC

11:25 am - 12:15 pm

Alternate Financing Tools

NMTCs aren’t the only way to finance community development and panelists will share other potential tools, whether they’re to provide the bulk of funding or fill in gaps. Learn what’s available to assist in building up low-income communities.

Tracks:

Nick Ives photo

Moderator: Nick Ives, Principal, Novogradac

Robert Labes photo

Speaker: Robert Labes, Partner, Squire Patton Boggs

Traci Vaine photo

Speaker: Traci Vaine, CEO, CEI Capital Management