Novogradac 23rd Annual New Markets Tax Credit Conference

Agenda

Agenda is subject to change.

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

WEDNESDAY, JANUARY 18, 2023

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.

Tracks:

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.

Tracks:

Speaker: Lee Winslett, Vice President, Wells Fargo CDC

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

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

Speaker: Roz Billups, Executive Director, Open Access

Speaker: Bridget Chisholm, Managing Partner, BWC Consulting

Speaker: Yanderi Montano, Director, Monge Capital

Speaker: Cody Rogers, Partner, Stinson LLP

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

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

Moderator: Blair Kincer, Retired Partner, Novogradac

Speaker: Kermit Billups, Executive Vice President, Greenline Ventures

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

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

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

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

Moderator: Amy Hook, Chief Social Impact Officer, Novogradac

Speaker: Elaine Chang, Partner, Novogradac

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.

Tracks:

Moderator: Jodie Fish, Manager, Novogradac

Speaker: Nick Epifano, Manager, Novogradac

Speaker: Justin Fitzgerald, Associate, Nixon Peabody LLP

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

THURSDAY, JANUARY 19, 2023

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.

Tracks:

Speaker: Bob Rapoza, President and Principal, Rapoza Associates

Jeff McMillen, Partner, Akin Gump

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

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.

Tracks:

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.

Tracks:

Moderator: Matt Meeker, Partner, Novogradac

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

Speaker: William Turner, Senior VP, Wells Fargo

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.

Tracks:

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

Speaker: Nicholas Anderson, Partner, Spencer Fane LLP

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

Moderator: Nicolo Pinoli, Partner, Novogradac

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.

Tracks:

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.

Tracks:

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

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

Moderator: Bob Ibanez, Senior Public Policy Manager, Novogradac

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.

Tracks:

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.

Tracks:

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

Speaker: Amanda Read, Partner, Novogradac

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

Elizabeth Young, Partner, Nixon Peabody LLP

Speaker: Kermit Billups, Executive Vice President, Greenline Ventures

5:00 pm - 6:00 pm

Networking Reception

Tracks:

FRIDAY, JANUARY 20, 2023

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.

Tracks:

Moderator: Miao Xue, Partner, Novogradac

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

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

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.

Tracks:

Moderator: Erin Neff, Principal, Novogradac

Speaker: Sonia Nayak, Partner, Nixon Peabody

Speaker: Peter Byford, Senior Vice President, Advantage Capital

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