Novogradac 23rd Annual New Markets Tax Credit Conference


Agenda is subject to change.

Please note: Agenda is set in Pacific Time. Find CPE info HERE.


9:05 am - 10:30 am

Establishing a Foundation

Participate in a level-setting workshop and discussion centered on shared language around diversity, equity and inclusion, the context and history around why we need to be centering DEI in our organizations, and prompts for reflection throughout the day. This workshop will help you understand how we got here and where we may be going.


9:00 am - 4:00 pm

DEI Summit

More DEI Summit Information Available HERE

Novogradac’s first Diversity, Equity and Inclusion Summit aims to give attendees an increased understanding of the context and history for how we (as individuals, organizations, an industry) got here and why it's important for business growth to work towards positive change.


Lee Winslett photo

Speaker: Lee Winslett, Vice President, Wells Fargo CDC

Kyle Walton photo

Speaker: Kyle Walton, Founder & President, Classic Lake Consulting

Kareem Thomas photo

Speaker: Kareem Thomas, Managing Director, Credit & Portfolio Management, Reinvestment Fund

Roz Billups photo

Speaker: Roz Billups, Executive Director, Open Access

Bridget Chisholm photo

Speaker: Bridget Chisholm, Managing Partner, BWC Consulting

Yanderi Montano photo

Speaker: Yanderi Montano, Director, Monge Capital

Cody Rogers photo

Speaker: Cody Rogers, Partner, Stinson LLP

Robert Jenkins, Jr. photo

Speaker: Robert K. Jenkins, Jr., Senior Managing Director, Renaissance Equity Partners

Rekha Chiruvolu photo

Speaker: Rekha Chiruvolu, Chief Diversity, Equity & Inclusion Officer, Nixon Peabody LLP

Blair Kincer photo

Moderator: Blair Kincer, Retired Partner, Novogradac

Kermit Billups photo

Speaker: Kermit Billups, Executive Vice President, Greenline Ventures

Claire Schell photo

Speaker: Claire Schell, AVP, Director of Employee Experience, U.S. Bancorp Community Development Corporation

Stefanie Singer photo

Speaker: Stefanie Singer, General Counsel & Chief Risk Officer, Novogradac

Phillip Sangokoya photo

Speaker: Phillip Sangokoya, Director of Business Impact Integration, U.S. Bancorp Community Development Corporation

Laura Vowell photo

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

Amy Hook photo

Moderator: Amy Hook, Chief Social Impact Officer, Novogradac

Elaine Chang photo

Speaker: Elaine Chang, Partner, Novogradac

Najah Adams photo

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

9:00 am - 4:00 pm

The Basics of New Markets Tax Credits Workshop [separate registration required; additional fees apply]

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 deals.


Jodie Fish photo

Moderator: Jodie Fish, Manager, Novogradac

Nick Epifano photo

Speaker: Nick Epifano, Manager, Novogradac

Justin Fitzgerald photo

Speaker: Justin Fitzgerald, Associate, Nixon Peabody LLP

Monica Blanton photo

Speaker: Monica Blanton, Director of NMTC Operations, River Gorge Capital


8:00 am - 9:00 am

Networking Breakfast

9:00 am - 9:15 am

Conference Welcome

9:15 am - 10:45 am

The Washington Report

With a new Congress seated, hear what to expect from Washington, D.C., concerning legislative efforts for NMTC permanence. Also get a look at how regulatory action can affect tax credits and how changes in generally accepted accounting practices may come into play in 2023.


Bob Rapoza photo

Speaker: Bob Rapoza, President and Principal, Rapoza Associates

Jeff McMillen photo

Jeff McMillen, Partner, Akin Gump

Aisha Benson photo

Speaker: Aisha Benson, President & CEO, Nonprofit Finance Fund (NFF)

Michael Novogradac photo

Moderator: Michael Novogradac, Managing Partner, Novogradac

10:45 am - 11:00 am

Balance Break

Reset for the next session. Attendees can grab a snack, visit the exhibit hall or make a connection in the network lounge.


11:00 am - 12:00 pm

Investor Outlook: Preparing for 2023

As the calendar-year 2021 allocations are rolled out and the CY 2022 application period closes, hear how investors view the NMTC. Gain a deeper understanding of how inflation and rising interest rates interact with strategies for investors and what types of transactions are most interesting.


Matt Meeker photo

Moderator: Matt Meeker, Partner, Novogradac

Kelly Clements photo

Speaker: Kelly Clements, Vice President and New Markets Tax Credit (NMTC) Originator, PNC Bank

William Turner photo

Speaker: William Turner, Senior VP, Wells Fargo

Kyle A. Koupal photo

Kyle A. Koupal, Vice President of Investments, Dudley Ventures

12:00 pm - 1:15 pm

Networking Lunch

1:30 pm - 2:30 pm

Sourcing Leverage Debt: Know Your Choices

Most NMTC transactions use a leverage model for gap financing and this panel will describe the options involved. Hear about traditional leverage sources, but also get informed about some alternative options, including USDA loans.


James Simmons photo

Speaker: James Simmons, Executive Director, Community Development Tax Credits, JPMorgan Chase

Nicholas Anderson photo

Speaker: Nicholas Anderson, Partner, Spencer Fane LLP

Katie Frattaroli photo

Speaker: Katie Frattaroli, Vice President, Business Development, AMCREF

Nicolo Pinoli photo

Moderator: Nicolo Pinoli, Partner, Novogradac

Saurabh Narain photo

Speaker: Saurabh Narain, President & CEO, National Community Investment Fund

2:30 pm - 2:45 pm

Balance Break

Reset for the next session. Attendees can grab a snack, visit the exhibit hall or make a connection in the network lounge.


2:45 pm - 3:45 pm

CDFI Fund Insights

With the application deadline only a week away, hear from representatives at the CDFI Fund who will share insights on the 2022 allocation round, compliance-related issues, upcoming ACS transition and much more. Have your questions answered by insiders.


Oscar Gonzales photo

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

Trefor Henry photo

Speaker: Trefor A. Henry, Associate Program Manager, CDFI Fund, Office of Compliance Monitoring & Evaluation

Bob Ibanez photo

Moderator: Bob Ibanez, Senior Public Policy Manager, Novogradac

Christopher Allison photo

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

3:45 pm - 4:00 pm

Balance Break

Reset for the next session. Attendees can grab a snack, visit the exhibit hall or make a connection in the network lounge.


4:00 pm - 5:00 pm

NMTC Loan Funds Structuring: Plenty of Options

There are a number of potential loan fund structures for NMTC transactions. Hear about the variety of options from those who know, including such things as small business loan funds and mezzanine financing.


Tracey Gunn Lowell photo

Speaker: Tracey Gunn Lowell, Vice President, U.S. Bancorp Community Development Corporation

Amanda Read photo

Speaker: Amanda Read, Partner, Novogradac

Nicole Boone photo

Speaker: Nicole Boone, Vice President of Capital Markets, Lendistry

Elizabeth Young photo

Elizabeth Young, Partner, Nixon Peabody LLP

Kermit Billups photo

Speaker: Kermit Billups, Executive Vice President, Greenline Ventures

5:00 pm - 6:00 pm

Networking Reception



8:00 am - 9:00 am

Registration and Breakfast

9:00 am - 9:55 am

NMTC Alternative: Targeted Populations Approach

While most NMTC allocatees are in low-income communities, businesses and nonprofits can also qualify for NMTC financing with a targeted populations approach. Hear how this works, how to meet the criteria and compliance considerations.


Miao Xue photo

Moderator: Miao Xue, Partner, Novogradac

Shelly Crowder photo

Speaker: Shelly Crowder, Senior Vice President, United Fund Advisors

Emily Rose photo

Speaker: Emily Rose, Senior Vice President | Director; NM/HTC Tax Equity, U.S. Bancorp Community Development Corporation

Darryl Jacobs photo

Speaker: Darryl Jacobs, Attorney, Ginsberg Jacobs LLC

10:00 am - 10:55 am

Closing NMTC Transactions in Tough Economic Times

NMTC closings are never easy, but the challenge increases in a period of inflation, rising interest rates and other economic uncertainty. Learn how to address common challenges and how to prepare for uncertain times.


Erin Neff photo

Moderator: Erin Neff, Principal, Novogradac

Sonia Nayak photo

Speaker: Sonia Nayak, Partner, Nixon Peabody

Peter Byford photo

Speaker: Peter Byford, Senior Vice President, Advantage Capital

Monica Clark Petersen photo

Speaker: Monica Clark Petersen, Principal & CEO, S.B. Clark Companies