Agenda

Monday, June 13
Sessions open to allocating agencies only
7:30 a.m. – 6:00 p.m.
Registration & Information
Imperial registration, Marquis Level
8:00 a.m. – 8:55 a.m.
Continental Breakfast
9:00 a.m. – 9:45 a.m.
Inside Washington
NCSHA’s legislative and policy team brings the latest news from Washington, including the outlook for Housing Credit legislative and regulatory priorities, the Administration’s Housing Credit proposals, the latest Treasury and HUD guidance, federal agency rental program realignment, tax reform, and HUD and rural housing funding.
9:45 a.m. – 10:00 a.m.
Networking Break
10:00 a.m. – 12:00 p.m.
Concurrent Meet-Ups
Allocating agency staff convene privately to trade experiences and foster solutions.
Housing Credit Development Community Meet-Up
Housing Credit Compliance Community Meet-Up
12:00 p.m. – 1:00 p.m.
Lunch
1:00 p.m. – 2:30 p.m.
Concurrent Sessions
Dialogue with Housing Credit Investors
Corporate investors and financial institutions converge to discuss the economic factors driving 2011 Housing Credit investment. Explore the dynamic nature of today’s equity market, what’s driving investors, evolving underwriting standards, asset management and watch list criteria, and other factors critical to sound investment decisions.
Housing Credit Compliance Community Meet-Up (continued)
2:30 p.m. – 2:45 p.m.
Networking Break
2:45 p.m. – 4:00 p.m.
IRS Chief Counsel Briefing
Senior representatives from IRS’ Office of Chief Counsel meet privately with allocating agency staff to discuss forthcoming Housing Credit program guidance, outline the IRS role in federal streamlining efforts, preview final qualified contract regulations, and tackle other program administration matters.
4:00 p.m. – 4:15 p.m.
Networking Break
4:15 p.m. – 5:30 p.m.
Concurrent Sessions
Straight Talk with Syndicators
Housing Credit syndicators sit down with allocating agency staff to discuss the state of the equity market, Credit pricing, QAP incentives, underwriting criteria, investor expectations, and asset management requirements.
Candid Conversation with Compliance Pros
Exchange best practices and discuss emerging concerns with leading Housing Credit compliance experts.
5:30 p.m. - 6:30 p.m.
Allocators' Happy Hour
Morning sessions open to allocating agencies only, with the exception for Effective Asset Management. (Separate registration required for non-allocating agency attendees.)
Registration & Information
Imperial Registration, Marquis Level
7:30 a.m. – 8:25 a.m.
Continental Breakfast
Open to allocating agency and Effective Asset Management registrants only
8:30 a.m. - 9:45 a.m.
Rural Housing Focus Group Meeting
Open to HFA executive directors only
8:30 a.m. – 10:30 a.m.
Concurrent Sessions
Ask the Legal and Accounting Experts
Nationally renowned tax advisors answer the newest legal and accounting queries and deconstruct Housing Credit financial structuring complexities.
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Special Workshop: Effective Asset Management Fees: Designed to benefit both allocating agency staff and their industry partners, this special session focuses on Housing Credit asset management fundamentals, including best practices and new requirements for TCAP- and Exchange-assisted developments. Examine key asset management functions during the three stages of property development—construction, lease-up, and operations. Explore essential practices related to: initial underwriting; construction monitoring and inspections; establishing reserve accounts; troubleshooting lease-up; analyzing operating budgets and debt coverage ratios; tracking cash flow trends; evaluating property management; conducting physical inspections and tenant file reviews; correcting noncompliance; and other financial oversight, risk assessment, and investment performance measures vital to effective asset management. Trainers:
Regina Bender, Senior Vice President, Team Leader, Bank of America Merrill Lynch
Matt Dillis, Senior Underwriter and Engineer, Boston Capital Corporation
Allen Feliz, Director, Research & Development, TCAM
Sonya Prear, Senior Vice President/Director of Asset Management, John Hancock Realty Advisors, Inc.
Charlie Rhuda, Partner, Novogradac & Company LLP
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10:00 a.m. – 12:00 p.m.
NCSHA Board of Directors Meeting
Open to HFA executive directors only
10:30 a.m. – 10:45 a.m.
Networking Break
10:45 a.m. – 12:30 p.m.
Concurrent Sessions
Forum with Housing Credit Developers
Veteran Housing Credit developers join allocating agency staff to discuss the 2011 development environment, housing market recovery, perspectives on QAPs, and green building.
See session description above
12:30 p.m. – 2:00 p.m.
Lunch
Open to allocating agencies only
AFTERNOON SESSIONS ARE OPEN TO ALL ATTENDEES |
1:00 p.m. – 5:30 p.m.
Housing Credit Marketplace and WiFi Lounge Grand Opening!
WiFi Lounge Sponsored by Enterprise

1:30 p.m. – 4:00 p.m.
Latte Station
Sponsored by Michel Associates, Ltd.

2011 OPENING PLENARY:
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2:00 p.m. – 2:30 p.m.
Conference Welcome and Opening Remarks
2:30 p.m. – 3:45 p.m.
The First 25 Years: Where We've Been
Housing Credit industry pioneers reflect on the reasons for the program’s longevity and success and offer their wisdom on what it will take to secure its future.
3:45 p.m. – 4:00 p.m.
Networking Break in the Marketplace
4:00 p.m. – 5:15 p.m.
The Next 25 Years: Where We're Going
Policy experts consider the central role of the Housing Credit in an evolving national rental housing policy.
5:30 p.m. – 6:30 p.m.
Leadership Circle Reception
By invitation only to allocating agency executive directors and board members, top affiliate supporters, and top conference sponsors.
Wednesday, June 15
7:00 a.m. - 5:30 p.m.
Registration & Information
Imperial Registration
7:30 a.m. – 7:00 p.m.
Housing Credit Marketplace and WiFi Lounge
WiFi Lounge Sponsored by Enterprise
7:30 a.m. – 8:25 a.m.
Continental Breakfast in the Marketplace
8:00 a.m. – 10:00 a.m.
Executive Directors Forum
Open to HFA executive directors only
8:30 a.m. – 9:45 a.m.
Concurrent Sessions
Finance and Development
Housing Credit Portfolio Performance
Evaluate Housing Credit portfolio performance trends. Consider innovative restructuring tools and new asset management strategies. Problem solve your way through a typical workout.
Compliance and Management
Documenting Compliance in Year One
Establishing compliance in the first year of the Credit period is a critical program requirement. Learn the rules for documenting initial project compliance, meeting the minimum set-aside requirement, handling initial tenant certifications, and maximizing Credits for investors.
George Littlejohn, Partner, CPA, Novogradac & Company LLP
Special Focus Session
Supportive Housing Opportunities
Navigate the challenging and changing supportive housing landscape, considering strategies for providing and underwriting services, HUD’s plans to provide Section 811 resources and allocation authority to HFAs, and how to maximize investor interest in permanent supportive housing deals.
Networking Break in the Marketplace
10:00 a.m. – 11:30 a.m.
Concurrent Sessions
Finance and Development
Post-ARRA Structuring Seminar
Hear the latest thinking on sound underwriting, development and management capacity, structuring economic incentives for project sponsors, and new strategies for optimizing multiple subsidies.
Compliance and Management
Compliance Hot Topics
Join federal officials and industry compliance experts to discuss IRS compliance enforcement, tenant data collection, federal agency alignment efforts, and compliance hurdles for TCAP and Exchange developments.
Special Focus Session
Achieving Rural Development with the Credit
Be part of an interactive discussion on getting rural deals done, as the industry faces more potential cuts in rural housing funding and continuing challenges in attracting equity to rural developments.
10:15 a.m. – 11:30 a.m.
Supportive Housing Focus Group Meeting
Open to HFA executive directors only
11:30 a.m. – 1:00 p.m.
Lunch in the Marketplace
11:45 a.m. – 1:00 p.m.
Sustainable Development Focus Group Meeting
Open to HFA executive directors only
1:00 p.m. – 2:15 p.m.
Concurrent Sessions
Finance and Development
Debt Financing Forum
Though the equity market has started to rebound, permanent Housing Credit debt financing remains scarce. Explore taxable and tax-exempt financing options from HUD, Fannie Mae, Freddie Mac, and other lenders.
Participants:
Compliance and Management
Proactive Physical Inspections
Hear the latest methods for conducting efficient and effective physical inspections, including monitoring to the Uniform Physical Condition Standard, identifying accessibility and fair housing violations, inspecting for bedbugs, and streamlining physical inspection practices.
Special Focus Session
Sustainable Development Strategies
Explore evolving national green building standards, tools for tracking operating performance, green capital needs assessments, energy credits and weatherization funding, and energy-efficient design principles that can reduce operating costs and enhance long-term property sustainability.
2:15 p.m. – 2:45 p.m.
Power Break in the Marketplace
Sponsored by Boston Financial Investment Management

2:45 p.m. – 4:00 p.m.
Concurrent Sessions
Finance and Development
The Washington Report
Get the benefit of expert analysis of the latest initiatives coming out of Washington, including the Administration’s Housing Credit proposals, potential cuts to HUD and RD budgets, Housing Credit legislation, CRA regulation, and GSE reform. Learn what you can do to communicate the Housing Credit’s success to Congress.
Compliance and Management
Utility Allowance Rules in Practice
Compliance and management experts share experiences using final IRS utility allowance regulations, including perspectives on the Energy Consumption Model and other options, reconciling requirements with other assisted housing programs, and new IRS guidance on what constitutes correction of noncompliance with utility allowance rules.
Special Focus Session
Advancing Fair Housing with the Credit
Delve into state agency allocation strategies for furthering fair housing. Review pending housing discrimination litigation and discuss the role of the Credit in poverty deconcentration, racial and economic integration, and economic revitalization.
Networking Break in the Marketplace
4:15 p.m. – 5:30 p.m.
Concurrent Sessions
Finance and Development
The Market Report: 2011 Equity Roundtable
Housing Credit equity experts share perspectives and predictions about the current market. What economic factors are impacting current investment decisions? What’s motivating new investors? What’s the likelihood of changes to CRA? Hear new strategies for structuring developments to maximize investor interest. Chart portfolio performance measures.
Compliance and Management
Long-Term Compliance Strategies
As the Housing Credit portfolio ages, continued compliance is one of the hottest issues of the day. Hear owner, manager, and state agency perspectives on maintaining compliance through the compliance period, transitioning to extended use, correcting noncompliance, and rescuing troubled properties.
Michael Kotin, Vice President, Kay-Kay Realty
Greg Proctor, President, Windsor Compliance
Special Focus Session
Comprehensive Market Analysis
Set the stage for development success with a strong market study. Explore best practices and sound methodologies for determining the viability of proposed markets and effectively gauging demand through capture rate analysis.
5:30 p.m. – 7:00 p.m.
Networking Reception in the Marketplace
With drink stations sponsored by City Real Estate Advisors, Novogradac & Company LLP, and National Association of Home Builders



Thursday, June 16
7:30 a.m. – 11:45 a.m.
Registration & Information
Imperial Registration
8:00 a.m. – 8:55 a.m.
Continental Breakfast
9:00 a.m. – 10:15 a.m.
Concurrent Sessions
Finance and Development
Advanced Tax Issues
Preeminent tax advisors divulge new approaches to Housing Credit deal structuring, financial underwriting, preservation, and property disposition.
Compliance and Management
Property Management Best Practices
Housing Credit property management is an increasingly sophisticated business. Get essential tips on property lease-up, compliance documentation, tenant recertification, property maintenance, controlling utility and other operating costs, and minimizing noncompliance and recapture.
10:15 a.m. – 10:30 a.m.
Networking Break in the Marketplace
10:30 a.m. – 11:45 a.m.
Concurrent Sessions
Finance and Development
New Preservation Strategies
With an aging affordable housing stock and growing housing needs, preservation is top of the agenda in many areas of the country despite the complexities of structuring preservation deals. Get blueprints for preserving with both 4 and 9 Percent Credits, plus the latest news on final IRS qualified contract regulations, HUD preservation programs, and capital needs assessment methodologies.
Compliance and Management
Compliance and Management Forum
Brainstorm solutions to the latest compliance challenges and discuss emerging issues in compliance and property management in an open forum with state monitoring officials and industry leaders
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Housing Credit Certified Professional (HCCP) Exam Sponsored by National Association of Home Builders (NAHB) Thursday, June 16, 1:00 p.m. – 4:30 p.m. HCCP is a specialized professional designation for developers, property managers, asset managers, and others working in the affordable housing industry. HCCP is an industry benchmark for education, experience, and ethical standards for Housing Credit professionals. All Credit professionals are eligible to take the exam; however, candidates must have two years of experience in the industry in order to obtain the HCCP designation. Candidates should be proficient in each of the testable subject areas listed in the HCCP Candidate Information Guide (available at www.nahb.org). NAHB strongly recommends that candidates have previously attended a training course offered by HCCP distributors. A list of distributors is also available in the guide. Registration is available at http://www.nahb.org/hccpexam. Exam – $175 Retakes – $100 |
Professional Education Credit
NCSHA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Website: www.nasba.org.
NCSHA’s Housing Credit Conference features a comprehensive series of sessions for both new professionals and seasoned practitioners. No advanced preparation is required for the conference; however, a basic knowledge of the Housing Credit program is necessary due to the intermediate program level. You can earn approximately 25 credits if you attend the entire conference.
For more information regarding administrative policies, please contact NCSHA at 202-624-7710. To receive CPE certification, complete the CPE evaluation form available at the NCSHA registration desk throughout the conference.
Continuing Legal Education Credit
Those seeking CLE credit must apply directly to their state bar association. For more information, visit the NCSHA registration desk during the conference.



















