Registration & Information
Rotunda East, Second Level

Continental Breakfast
Americana Foyer, Second Level

The Washington Report: Housing at the Forefront
Americana 3, Second Level
From the front page to the forefront of the Congressional agenda, housing is headlining. Go behind the scenes with NCSHA Executive Director Barbara Thompson and her legislative team for the latest news and spot-on predictions about what’s ahead for Housing Credit and Bond modernization, cap increases, and other vital issues affecting the program.

• Garth Rieman, Director, Housing Advocacy & Strategic Initiatives, National Council of State Housing Agencies
• Barbara J. Thompson, Executive Director, National Council of State Housing Agencies

IRS Briefing (Part 1 of 2)
Americana 3, Second Level
In this perennial favorite, IRS Chief Counsel briefs state agency allocation and compliance staff on current and future regulatory projects, while IRS compliance officer Grace Robertson reports on the state of Housing Credit compliance, the 8823 Guide, and IRS audit activities.

• Julie Hanlon-Bolton, General Attorney (Tax), Internal Revenue Service
• Paul F. Handleman, Branch Chief, Passthroughs and Special Industries, Internal Revenue Service
• Christopher J. Wilson, Senior Counsel, Internal Revenue Service

Break
Americana Foyer, Second Level

IRS Briefing (Part 2 of 2)
Americana 3, Second Level

• Grace F. Robertson, Senior Program Analyst, Internal Revenue Service [ PDF ]

Lunch
Americana 4, Second Level

Compliance Roundtable
Americana 1, Second Level
Private discussion among allocating agency staff on all aspects of Housing Credit monitoring, including tenant qualification, site visits, general public use, fair housing, IRS audit initiatives, noncompliance reporting and correction, and other suggested topics.

• Donna Duarte, Director, Program Compliance, Tennessee Housing Development Agency
• Jill King, Compliance Program Manager, Kentucky Housing Corporation
• Sandra McGougan, Tax Credit Compliance, Oklahoma Housing Finance Agency

Development Roundtable
Americana 2, Second Level
Private discussion among allocating agency staff on all aspects of Housing Credit development, including QAP trends, allocation issues, response to equity price declines, IRS guidance, extended use agreements, qualified contracts, and other suggested topics.

• Sherry Bossie, Senior Director, Multi-Family Development & Technical Services, West Virginia Housing Development Fund
• Hilary Lopez, Chief of Federal Programs (Tax Credits), Nevada Housing Division
• Debra M. Urban, Director of Tax Credit Services, New Jersey Housing and Mortgage Finance Agency

Break
Americana Foyer, Second Level

CONCURRENT ROUNDTABLES

Compliance Roundtable (cont'd)
Development Roundtable (cont'd)

Allocators' Happy Hour
Americana Lawn

Registration & Information
Rotunda East, Second Level

Continental Breakfast
Conference Prefunction, Third Level

Compliance Track
Exchange with Compliance and Management Professionals
Americana 1, Second Level
Mix top state agency monitoring staff with the nation’s top management and compliance experts to produce a red hot discussion of the toughest monitoring challenges plus emerging issues in compliance and property management.

• Rose Guerrero, Program Manager, California Tax Credit Allocation Committee

• Elizabeth Bramlet, Senior Trainer, Quadel Consulting Corporation
• Ruth L. Theobald Probst, President, TheoPro Compliance & Consulting, Inc.
• Steven L. Rosenblatt, President, Spectrum Enterprises

Development Track
Discussion with Investors and Syndicators
Americana 2, Second Level
Seasoned state agency development and allocation staff and successful investors and syndicators talk frankly about the state of the equity market, agency responses to Credit price declines, allocation plan changes, new investor underwriting standards, and strategies for ensuring the quality of Credit developments going forward.

• Barbara Wallace, HOME/Housing Credit Coordinator, Alabama Housing Finance Authority

• Darrick Metz, Senior Vice President- Managing Director, WNC & Associates, Inc.
• Robert Moss, Senior Vice President, Director of Origination, Boston Capital Corporation
• Stacie Nekus, Director/Funds Manager, National Equity Fund, Inc.
• Margaret Sacks, Director, Community Development Investment Group, Freddie Mac
• Elizabeth M. Stohr, LIHTC Director, U.S. Bancorp Community Development Corporation
• Ronne Thielen, Managing Director, Centerline Capital Group

Housing Credit Essentials (Part 1 of 2)
Poinciana Ballroom, Second Level
(Open to all)
Sharpen your knowledge of income, rent, and other essential Housing Credit rules; qualified allocation plan requirements; and compliance basics. Examine sources and uses of funds, eligible basis calculations, and the 10 Percent Test. Delve into utilizing other subsidies, project due diligence, negotiating deal terms, and syndication fundamentals.

• Thomas A. Giblin, Partner, Nixon Peabody LLP [ PDF ]
• Dan Smith, Partner, Novogradac & Company, LLP
• Greg Voyentzie, Managing Director, MMA Financial
• Cara Wallo, Tax Credit Allocation Officer, Virginia Housing Development Authority [ PDF ]

Break
Americana Gallery, Second Level

Compliance Track
Ask the Legal and Accounting Experts
Americana 1, Second Level
Get answers to your most difficult legal and accounting questions from nationally renowned industry experts.

• Jerome A. Breed, Partner, Powell Goldstein LLP
• Anthony S. Freedman, Attorney, Holland & Knight LLP
• Richard S. Goldstein, Partner, Nixon Peabody LLP
• Beth Mullen, Principal, Reznick Group
• Michael J. Novogradac, Managing Partner, Novogradac & Company, LLP

Development Track
Dialogue with Developers and Managers
Americana 2, Second Level
Today’s development environment, perspectives on qualified allocation plans, monitoring policies, operating cost increases, and working together to ensure the long-term viability of Credit developments are just a few of the topics up for discussion when top developers and property managers get together with agency staff.

• Natasha Weaver, Manager, Program Compliance, Colorado Housing and Finance Authority
• Thomas Wolfe, Housing Credit Allocation Manager, Kentucky Housing Corporation

• Matthew Greer, Chief Executive Officer, Carlisle Development Group
• Sharon Harper Ivey, Vice President of Compliance, Concord Management LTD
• Wallace L. Scruggs, President & Managing Member, Housing Trust of America, LLC
• Suzanne Vice, Director, Northern California, National Affordable Housing Trust

Housing Credit Essentials (Part 2 of 2)
Poinciana Ballroom, Second Level
(Open to all)

• Elizabeth Bramlet, Senior Trainer, Quadel Consulting Corporation
• Thomas A. Giblin, Partner Nixon Peabody LLP [ PDF ]
• Dan Smith, Partner, Novogradac & Company, LLP
• Greg Voyentzie, Managing Director, MMA Financial

Lunch - Open to allocating agencies only
Americana Foyer, Second Level

Registration & Information
Rotunda East, Second Level

Housing Credit Essentials (Part 1 of 2)
Poinciana Ballroom, Second Level
Sharpen your knowledge of income, rent, and other essential Housing Credit rules; qualified allocation plan requirements; and compliance basics. Examine sources and uses of funds, eligible basis calculations, and the 10 Percent Test. Delve into utilizing other subsidies, project due diligence, negotiating deal terms, and syndication fundamentals.

• Thomas A. Giblin, Partner, Nixon Peabody LLP [ PDF ]
• Dan Smith, Partner, Novogradac & Company, LLP
• Greg Voyentzie, Managing Director, MMA Financial
• Cara Wallo, Tax Credit Allocation Officer, Virginia Housing Development Authority [ PDF ]

Networking Break
Americana Gallery, Second Level

Housing Credit Essentials (Part 2 of 2)
Americana Gallery, Second Level

• Elizabeth Bramlet, Senior Trainer, Quadel Consulting Corporation
• Thomas A. Giblin, Partner Nixon Peabody LLP [ PDF ]
• Dan Smith, Partner, Novogradac & Company, LLP
• Greg Voyentzie, Managing Director, MMA Financial

Lunch on your own

OPENING PLENARY
Sea Change in the Housing Credit Industry
Americana 1-2, Second Level
In this provocative conversation, industry leaders take on the top issues facing the Housing Credit. Hear how pending Credit legislation and regulation, equity market volatility, new state allocation plan initiatives, enhanced underwriting and investor due diligence, IRS audits, and property performance will impact future development and the strength of the program moving forward.

• Barbara J. Thompson, Executive Director, National Council of State Housing Agencies

• Steve Auger, Executive Director, Florida Housing Finance Corporation
• Richard S. Goldstein, Partner, Nixon Peabody LLP
• Robert Moss, Senior Vice President, Director of Origination, Boston Capital Corporation
• Elizabeth M. Stohr, LIHTC Director, U.S. Bancorp Community Development Corporation
• Charles Wehrwein, President, Housing Partnership Exchange, Housing Partnership Network
• Charles R. Werhane, Vice Chairman and Chief Operating Officer, Enterprise Community Investment, Inc.

Networking Break
Americana Foyer, Second Level

PLENARY SESSION
Tumultuous Times in the Housing Credit Equity Market
Americana 1-2, Second Level
The state of the Housing Credit equity market is a foremost concern. Daunting headwinds of the subprime fallout and the Alternative Minimum Tax have significantly reduced the appetite of some of the largest program investors. Developers, syndicators, and state agencies are scrambling to find capital for developments, while deal terms are dramatically changing for all. With this historic imbalance in equity supply and demand, hear industry forecasts on market stabilization, Credit pricing projections, new investor profiles and requirements, and tactics to optimize developments for maximum investor interest.

• Frederick H. Copeman, National Director, Ernst & Young LLP Tax Credit Investment Advisory Services

• Rick Floreani, Senior Manager, Ernst & Young LLP Tax Credit Investment Advisory Services
• Jeffrey H. Goldstein, Executive Vice President & Chief Operating Officer, Boston Capital Corporation
• Kim Herman, Executive Director, Washington State Housing Finance Commission
• Patrick J. Nash, Managing Director, JP Morgan Capital Corporation
• Karen Przypyszny, Senior Vice President, Acquisitions, National Equity Fund, Inc.

Registration & Information
Rotunda East, Second Level

Marketplace and Cyber Café
Americana 3–4, Second Level

Continental Breakfast in the Marketplace
Americana 3–4, Second Level

Finance and Development Track
Deal Terms in a New Underwriting Environment
Americana 1–2, Second Level
While equity market instability is impacting both the availability of capital and Credit pricing, the investor community is seizing the opportunity to tighten deal underwriting and project due diligence. Learn how syndicators and investors are underwriting in this new environment and how it’s affecting developer viability and development feasibility.

• Deborah VanAmerongen, Commissioner, New York State Division of Housing and Community Renewal

• Emily Evers, Regional Director, RBC Capital Markets
• Scott Hoekman, Senior Vice President & Chief Credit Officer, Enterprise Community Investment, Inc.
• Michael Moses, Vice President, Column Capital LLC
• Ryan P. Sfreddo, Managing Director, Centerline Capital Group
• John Simon, Partner, Sidley Austin Brown & Wood LLP
• Sindy Spivak, Senior Vice President, Bank of America

Compliance and Management Track
Meeting Fair Housing Requirements
Poinciana Ballroom, Second Level
Analyze how the Fair Housing Act’s accessibility guidelines, design requirements, and discrimination rules impact Housing Credit development and management in this special training.

• Steven L. Rosenblatt, President, Spectrum Enterprises

Explore the Marketplace Break
Americana 3–4, Second Level

Finance and Development Track
Financial Structuring Forum
Americana 1-2, Second Level
Reduced equity pricing, Housing Credit debt market changes, and limited availability of gap financing make financial structuring more challenging than ever. Hear how to ensure financial feasibility with less Credit, optimize structuring with multiple subsidies, and employ new tax-exempt bond and other debt structuring options to maximum effect.

• Darrell Beavers, Housing Development Team Manager, Oklahoma Housing Finance Agency

• Jerome A. Breed, Partner, Powell Goldstein LLP
• Brenda Champy, Senior Vice President, Director of Acquisitions, Boston Capital Corporation
• Christine Hobbs, Director, Affordable Housing Group, Freddie Mac
• Wallace L. Scruggs, President & Managing Member, Housing Trust of America, LLC
• Patrick Sheridan, Senior Vice President, Housing Development, Volunteers of America, Inc.

Compliance and Management Track
Property Compliance and IRS Examination Issues
Poinciana Ballroom, Second Level
The IRS 8823 Guide continues to impact development and compliance activity throughout the industry. Hear the latest on the Guide and the forthcoming revision of the IRS Audit Techniques Guide from chief IRS compliance official Grace Robertson and a panel of industry experts.

• Renee Dickinson, Tax Credit Compliance Officer, Minnesota Housing

• Glenn Graff, Partner, Applegate and ThorneThomsen, P.C.
• Carmel McGuire, Director of Affordable Housing, National Association of Home Builders
• Ruth L. Theobald Probst, President, TheoPro Compliance & Consulting, Inc.
• Grace F. Robertson, Senior Program Analyst, Internal Revenue Service

Lunch in the Marketplace
Americana 3-4, Second Level

Finance and Development Track
Washington Watch: Housing Credit Legislative Update
Americana 1-2, Second Level
How are pending legislative changes to the Housing Credit affecting current market conditions? What new issues are likely to arise? Hear an up-to-the-minute report from Washington insiders on the likelihood and timing of congressional action. Delve deep into the proposals to understand program impacts, effective dates, industry reactions, and just how sweeping these changes could be for the industry.

• Barbara J. Thompson, Executive Director, National Council of State Housing Agencies

• Richard S. Goldstein, Partner, Nixon Peabody LLP
• Robert M. Rozen, Principal, Washington Council Ernst & Young [ PDF ]

Compliance and Management Track
The Art of Acquisition and Rehabilitation
Poinciana Ballroom, Second Level
Acquisition/rehabilitation developments are challenging to structure and even more difficult to monitor. Hear expert advice on tenant relocation during rehabilitation, determining the start of the Credit period, timing tenant certifications, and interpreting complicated rules to ensure compliance in this growing sector.

• Suzanne Vice, Director, Northern California, National Affordable Housing Trust

• Elizabeth Bramlet, Senior Trainer, Quadel Consulting Corporation [ PDF ]
• George Littlejohn, Partner, Novogradac & Company, LLP
• Bonnie Percy-Hill, Compliance Manager, JP Morgan Capital Corporation
• Ruth L. Theobald Probst, President, TheoPro Compliance & Consulting, Inc.

Explore the Marketplace Break
Americana 3–4, Second Level

Finance and Development Track
Repositioning Older Credit Developments and Other Preservation Initiatives
Americana 1-2, Second Level
Aging Housing Credit developments present new capital and management challenges to property owners. Hear the latest thinking on capital infusions, property disposition, investor exit strategies, and the impact of final IRS qualified contract regulations on this important universe of properties, plus use of the Credit in preserving other at-risk affordable housing.

• Catherine Racer, Associate Director, Massachusetts Department of Housing and Community Development

• James Logue, Senior Vice President & Chief Operating Officer, Great Lakes Capital Fund for Housing
• John F. Mackey, Principal, Reznick Group
• Stephen Roger, Senior Vice President, Centerline Capital Group
• Margaret Sacks, Director, Community Development Investment Group, Freddie Mac
• David A. Smith, Chief Executive Officer, Recap Advisors, LLC [ PDF ]

Compliance and Management Track
General Public Use and Other Tenant Selection Challenges
Poinciana Ballroom, Second Level
Tenant selection is among the most important factors in establishing and maintaining compliance. Learn to navigate general public use rules, understand new student eligibility strategies, and employ essential tenant selection criteria in Housing Credit management practices.

• Charles Borgman, General Counsel, Colorado Housing and Finance Authority

• Anthony S. Freedman, Attorney, Holland & Knight LLP
• Glenn Graff, Partner, Applegate and ThorneThomsen,
P.C.
• Steven L. Rosenblatt, President, Spectrum Enterprises
• Mark Shelburne, Counsel and Policy Coordinator, North Carolina Housing Finance Agency [ PDF 1, PDF 2, PDF 3 ]

Explore the Marketplace Break
Americana 3–4, Second Level

PLENARY SESSION
Portfolio Performance in Focus
Americana 1-2, Second Level
Shifting economic factors and market conditions significantly impact the financial health and long-term viability of the Housing Credit portfolio. Hear how market study assumptions, financial underwriting, rent growth projections, property revenues and expenses, recent changes in Housing Credit income limit methodology, and other factors are affecting portfolio performance and what these findings suggest about future deal structuring.

• James Chandler, Director of Low Income Housing Tax Credit Programs, Virginia Housing Development Authority

• Bill Kelly, President, Stewards of Affordable Housing for the Future [ PDF ]
• Douglas P. Koch, Senior Manager, Ernst & Young LLP Tax Credit Investment Advisory Services
• Michael J. Novogradac, Managing Partner, Novogradac & Company, LLP
• Edward Stone, Director, Asset Management, RBC Capital Markets

Miami Beach Mixer
Americana Lawn

Registration & Information
Rotunda East, Second Level

Marketplace and Cyber Café
Americana 3–4, Second Level

Breakfast in the Marketplace
Americana 3–4, Second Level

CONCURRENT SESSIONS

Finance and Development Track
The Future Is Sustainable Development
Americana 1-2, Second Level
As green building and sustainable development practices become mainstream in the Housing Credit industry, hear how new national green building guidelines, EPA lead-based paint regulations, and state policies will significantly impact future development. Learn how solar and other tax credits can be used in conjunction with the Housing Credit for added sustainability and economic impact.

• Randy Archuleta, Rental Programs Administrator, Arizona Department of Housing/Arizona Housing Finance Authority

• Jeffrey S. Lesk, Partner, Nixon Peabody LLP [ PDF ]
• Trisha Miller, Deputy Director, Green Communities, Enterprise Community Investment, Inc. [ PDF ]
• Beth Mullen, Principal, Reznick Group [ PDF ]
• William Pavão, Executive Director, California Tax Credit Allocation Committee [ PDF ]

Compliance and Management Track
Tricky Compliance Matters
Poinciana Ballroom, Second Level
Navigate the thorniest compliance thickets, including multiple subsidy monitoring, student rules, anticipated income, and valuing tenant assets. Hear how new IRS utility allowance regulations will impact Housing Credit property management and compliance.

• Sara Newsom, Manager, Rental Assets, North Carolina Housing Finance Agency

• Brian Carnahan, Director, Office of Program Compliance, Ohio Housing Finance Agency
• Annabelle O. Flynn, Tax Credit Manager, Quadel Consulting Corporation
• Paul F. Handleman, Branch Chief, Passthroughs and Special Industries, Internal Revenue Service
• Sharon Harper Ivey, Vice President of Compliance, Concord Management LTD

Break in the Marketplace
Americana 3–4, Second Level

CONCURRENT SESSIONS

Finance and Development Track
Promoting Permanent Supportive Housing with the Credit
Americana 1-2, Second Level
State agencies and supportive housing developers continue to use the Housing Credit to provide housing with intensive services for special needs populations. Hear about new state allocation plan initiatives, strategies for providing and underwriting services, ways to attract investors, and other critical issues in structuring these increasingly sophisticated deals.

• Holly Denniston, Senior Program Manager, Corporation for Supportive Housing [ PDF ]

• Adam Rogers, Senior Loan Officer, Illinois Housing Development Authority
• J. Gail Shull, Tax Credit Officer, Pennsylvania Housing Finance Agency [ PDF ]
• Tony Thesing, Acquisition Manager, National Equity Fund, Inc.

Compliance and Management Track
Compliance and Asset Management Strategies
Poinciana Ballroom, Second Level
As the Housing Credit portfolio ages, continued compliance and strong asset management are among the hottest compliance issues of the day. Hear from a panel of compliance, syndication, and asset management experts on strategies for maintaining compliance, streamlining asset management, enforcing extended use agreements, correcting noncompliance, and rescuing troubled properties.

• Brenda Hawkins, Program Manager, Virginia Housing Development Authority

• John Brandenburg, Vice President, Asset Management, Enterprise Community Investment, Inc.
• Orlando Cabrera, Chief Executive Officer, National Community Renaissance
• Tony DiBlasi, Chief of Asset Management, Ohio Capital Corporation for Housing
• Robert Snow, Senior Vice President, National Affordable Housing Trust

CLOSING PLENARY
Great Days Ahead for the Housing Credit
Americana 1-2, Second Level
The brightest minds in Housing Credit development and management converge to offer expert advice, opinions, and predictions on the future of the program. This fast-moving, highly interactive industry summit will explore key conference outcomes and identify the greatest program challenges and opportunities ahead.

• Jeanne Peterson, Principal, Reznick Group

• Anthony S. Freedman, Attorney, Holland & Knight LLP
• Hal Keller, President, Ohio Capital Corporation for Housing
• Catherine Racer, Associate Director, Massachusetts Department of Housing and Community Development
• Susan Reaman, Counsel, Nixon Peabody LLP
• Ronne Thielen, Managing Director, Centerline Capital Group