Novogradac 24th Annual New Markets Tax Credit Conference

Agenda

Agenda subject to change. Panel and event times are Pacific Time.

Find CPE Information Here

WEDNESDAY, JANUARY 24, 2024

9:00 am - 4:00 pm

NMTC Basics (in-person only)- additional fee required

Learn the fundamentals of the new markets tax credit incentive, 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.

Tracks:

Monica Blanton photo

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

Ashley Wicks photo

Speaker: Ashley Wicks, President, Butler Snow Foundation, Butler Snow

Rebecca Darling photo

Moderator: Rebecca Darling, Partner, Novogradac

Jodie Fish photo

Speaker: Jodie Fish, Manager, Novogradac

1:00 pm - 5:00 pm

Getting Native NMTC Deals Done (in-person only)- additional fee required

Sponsored by:                 Materials Presented by:

           

 

This workshop shares lessons from the CDFI Fund’s NMTC Native Initiative for Native and non-Native CDEs, sponsors, investors, and lenders. The goal of the NMTC Native Initiative is to increase NMTC investments in NMTC Native areas.

Topics on the Agenda Include:

  • Review findings and lessons learned about Market Research Report.
  • Discuss recommended practices to navigate closing challenges in NMTC Native Areas.
  • Review a Self-Assessment Guide to determine how Native and non-Native organizations can most effectively partner together.
  • Dive into Native NMTC case studies.
  • Participate in a facilitated networking activity between Native and non-Native organizations. 

Tracks:

Joseph Lapilio photo

Speaker: Joseph Lapilio, President & CEO, Waianae Economic Development Council

Mary Miner photo

Speaker: Mary Miner, Vice President, Community Development, Alaska Growth Capital

Bob Crothers photo

Speaker: Bob Crothers, Chief Lending Officer and Chief Operating Officer, Citizen Potawatomi Community Development Corporation

Michael Bland photo

Speaker: Michael Bland, Director of Community Investments, Travois

Nicolo Pinoli photo

Moderator: Nicolo Pinoli, Conference Chair & Partner, Novogradac

Karen Williams photo

Speaker: Karen Williams, Consultant

Nancy Pindus photo

Speaker: Nancy Pindus, Senior Fellow, Urban Institute

Kevin Klingbeil photo

Speaker: Kevin Klingbeil, Owner & Managing Director, Big Water Consulting

Drew Hammond photo

Speaker: Drew Hammond, Vice President & Business Development Officer, U.S. Bancorp Impact Finance

THURSDAY, JANUARY 25, 2024

8:00 am - 9:00 am

Networking Breakfast

9:00 am - 9:05 am

Conference Welcome

Conference chair Nicolo Pinoli welcomes attendees and previews the next two days of education and networking opportunities.

Tracks:

Nicolo Pinoli photo

Speaker: Nicolo Pinoli, Conference Chair & Partner, Novogradac

9:05 am - 10:45 am

Washington Report

An expert panel provides insight on legislation to make the NMTC permanent, as well as previewing an election year in Washington, D.C. Hear how changes in the White House and/or Congress would affect community development and what to expect in terms of regulatory guidance.

Tracks:

Michael Novogradac photo

Moderator: Michael Novogradac, Managing Partner, Novogradac

Jeff McMillen photo

Speaker: Jeff McMillen, Partner, Akin Gump

Bob Rapoza photo

Speaker: Bob Rapoza, Founder & President, Rapoza Associates

Laura Vowell photo

Speaker: Laura Vowell, Managing Director of Community Finance Solutions, U.S. Bancorp Impact Finance

10:45 am - 11:00 am

Networking Break

11:00 am - 12:00 pm

Lenders, Investors and Your NMTC Transaction

Lenders and equity investors share what makes an NMTC transaction attractive to them and what you can do to get their attention. Hear how interest rates affect investment strategy, what to expect for pricing, how the influx of clean energy tax credits affect the NMTC marketplace and what types of businesses are most attractive.

Tracks:

Nicolo Pinoli photo

Moderator: Nicolo Pinoli, Conference Chair & Partner, Novogradac

En Jung Kim photo

Speaker: En Jung Kim, Executive Director, Community Development Banking - New Markets Tax Credit Group, Chase

James Howard photo

Speaker: James D. Howard, President, Dudley Ventures

Spencer Gagnet photo

Speaker: Spencer Gagnet, Managing Director and Manager, Tax Credit Finance Dept, Capital One

Dan Blocher photo

Speaker: Dan Blocher, Vice President, U.S. Bancorp Impact Finance

12:00 pm - 1:30 pm

Networking Lunch

1:30 pm - 2:30 pm

The Quest for Leverage in a Time of Higher Interest Rates

After receiving allocation, leverage is the next biggest challenge in an NMTC transaction. During a period of higher-than-normal inflation and interest rates, experts share ways to complete your capital stack.

Tracks:

Saurabh Narain photo

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

Lee Winslett photo

Speaker: Lee Winslett, Vice President, Wells Fargo CDC

Megan Riess photo

Speaker: Megan Riess, Member, Longwell Riess

Garth Bostic photo

Speaker: Garth Bostic, Counsel, Nixon Peabody

Gregory Clements photo

Speaker: Gregory Clements, Partner, Novogradac

2:30 pm - 2:45 pm

Networking Break

2:45 pm - 3:45 pm

Getting Down to (QALIC) Business

Qualified active low-income community businesses are the recipients of NMTC financing, but they face plenty of challenges, including readiness, underwriting and complications from a using a different type of financing. Our expert panel shares recommended practices for both CDEs and QALICBs as they work to make an impact in their communities.

Tracks:

Carrie Sanders photo

Speaker: Carrie Sanders, Founder, CEO, Hope Community Capital

Matt Drinen photo

Speaker: Matt Drinen, Co-Founder & Principal, Impact Marketplace

Darryl Jacobs photo

Speaker: Darryl Jacobs, Partner, Ginsberg Jacobs LLC

Amanda Read photo

Moderator: Amanda Read, Partner, Novogradac

Leah Rogan photo

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

3:45 pm - 4:00 pm

Networking Break

4:00 pm - 5:00 pm

Investing in Diversity

Diversity, equity and inclusion are key values for many NMTC stakeholders, but how can you make it happen? Panelists share the challenges and opportunities in the NMTC space, how those efforts are evolving and what you can do to make a bigger impact.

Tracks:

Sonia Nayak photo

Speaker: Sonia Nayak, Partner, Nixon Peabody

Kermit Billups photo

Speaker: Kermit Billups, Executive Vice President, Greenline Ventures

Nicole Boone photo

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

William Carson photo

Speaker: William Carson, VP & Senior Business Development Officer (NMTC/HTC), U.S. Bancorp Impact Finance

5:00 pm - 6:30 pm

Networking Reception

FRIDAY, JANUARY 26, 2024

8:00 am - 9:00 am

Networking Breakfast

9:00 am - 9:55 am

CDFI Fund Insiders

Insiders from the CDFI Fund share the latest updates on the CY 2023 allocation awards, provide clarity on the recently updated FAQs and preview what’s coming during the rest of 2024.

Tracks:

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

Rebecca Darling photo

Moderator: Rebecca Darling, Partner, Novogradac

Christopher Allison photo

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

9:55 am - 10:00 am

Networking Break

10:00 am - 10:55 am

Hot Topics

An expert panel discusses a potpourri of issues, including how updated Community Reinvestment Act guidance affects NMTC investment, how changes to GAAP rules are impacting community development, what the shift to 2016-2020 ACS data to define low-income communities means and more.

Tracks:

Brynn Sanders photo

Speaker: Brynn Sanders, Founder & President, Sanders Capital Consulting

Amber David photo

Moderator: Amber David, Vice President, Fifth Third Bank

Naomi Baruch photo

Speaker: Naomi Baruch, Vice President, New Markets Tax Credit Impact Investment Officer, Empowerment Reinvestment Fund

Angie Nizio photo

Angie Nizio, Partner, Ginsberg Jacobs

10:55 am - 11:00 am

Networking Break

11:00 am - 11:55 am

NMTC Plus More

The NMTC is a powerful economic tool, but it can be expanded by combining it with other federal community development tax incentives. Hear how to combine the NMTC with the historic tax credit, clean energy tax credits and even the opportunity zones incentive.

Tracks:

Warren Sebra photo

Moderator: Warren Sebra, Partner, Novogradac

Kathleen Galvan photo

Speaker: Kathleen Galvan, Acquisitions Manager, NTCIC

Eric Johansen photo

Speaker: Eric Johansen, Vice President, Midwest Renewable Capital

Elizabeth Klueck photo

Speaker: Elizabeth Klueck, Partner, Goldfarb & Lipman LLP

Reserve your place.

Attending a new markets tax credit (NMTC) conference is one of the best ways to stay up to date with the latest trends in community development. Network with hundreds of community development professionals while learning from experienced NMTC accountants, allocatees, investors, developers and more. Explore emerging legislation and tax credit equity pricing while learning how to best prepare for future NMTC allocation rounds.