Subject to change.
Monday Jun 10
Sessions open only to registered HFA and Housing Credit allocating agency members.
Badge Pick-Up & Registration
Monday badge pick-up is for registered HFA and allocating agency members only.
Continental Breakfast
NCSHA Policy Update
NCSHA’s Policy and Government Affairs team briefs allocating agency representatives on key Housing Credit program developments. Hear the latest on legislative initiatives impacting the Housing Credit, upcoming Treasury and HUD guidance, federal spending plans, and NCSHA research and policy initiatives.
DISCUSSION LEADER
Garth Rieman, Director of Housing Advocacy and Strategic Initiatives | National Council of State Housing Agencies
SPEAKERS
Robert Henson, Senior Housing Policy Specialist | National Council of State Housing Agencies
Jennifer Schwartz, Director of Tax and Housing Advocacy | National Council of State Housing Agencies
James Tassos, Deputy Director of Tax Policy and Strategic Initiatives | National Council of State Housing Agencies
Break
CONCURRENT SESSIONS
Housing Credit Development Community Meet-Up
Allocating agency development officials share program administration experiences and explore emerging issues in Housing Credit allocation, underwriting, and development.
DISCUSSION LEADERS
J.D. Bondurant, Managing Director of Rental Housing | Virginia Housing
Sara Tichota, LIHTC Allocation Manager | Nebraska Investment Finance Authority
Housing Credit Compliance Community Meet-Up
Allocating agency compliance officials share program monitoring experiences and explore emerging issues in Housing Credit compliance and management.
DISCUSSION LEADERS
Todd Folse, Compliance Director | Louisiana Housing Corporation
Kellen Showes, Director of Program Compliance | Ohio Housing Finance Agency
Lunch
Seated lunch served 11:45 am – 12:45 pm.
Open only to registered HFA and Housing Credit allocating agency members.
CONCURRENT SESSIONS
Housing Credit Development Community Meet-Up (continued)
DISCUSSION LEADER
J.D. Bondurant, Managing Director of Rental Housing | Virginia Housing
Sara Tichota, LIHTC Allocation Manager | Nebraska Investment Finance Authority
Housing Credit Compliance Community Meet-Up (continued)
DISCUSSION LEADERS
Todd Folse, Compliance Director | Louisiana Housing Corporation
Kellen Showes, Director of Program Compliance | Ohio Housing Finance Agency
Break
Treasury Briefing
Senior officials from the U.S. Treasury Department and Internal Revenue Service meet with Housing Credit allocating agency representatives to preview forthcoming regulatory guidance and to discuss program administration and reporting requirements.
DISCUSSION LEADER
James Tassos, Deputy Director of Tax Policy and Strategic Initiatives | National Council of State Housing Agencies
SPEAKERS
James Holmes, Senior Counsel | Internal Revenue Service
Ellen Lurie Hoffman, Senior Advisor, Housing Policy | U.S. Department of the Treasury
Break
Housing Credit Allocator and Investor Open Forum
Housing Credit investors join allocating agency representatives to discuss current program challenges and issues related to equity investment, financial underwriting, asset management, and compliance.
DISCUSSION LEADER
William Glover, LIHTC Programs Manager | MaineHousing
SPEAKERS
Dana Brown, Vice President, LIHTC Investments | Fannie Mae
Lisa Gutierrez, Senior Vice President, Director of Business Development, Affordable Housing | U.S. Bancorp Impact Finance
Keli Savage, Assistant Vice President, Head of Impact Investment Strategy | Aetna/CVS Health
Christopher Weber, Senior Production Manager | Freddie Mac
Tuesday Jun 11
Morning sessions open only to registered HFA and Housing Credit allocating agency members.
Afternoon sessions open to all registrants.
Badge Pick-Up & Registration
Continental Breakfast
NCSHA Board of Directors Meeting
Open only to HFA executive directors (or a chair-approved substitute).
Breakfast available at 8:00 am.
HUD Policy Briefing
Senior officials from the U.S. Department of Housing and Urban Development (HUD) meet with Housing Credit allocating agency representatives to discuss income limits, Qualified Census Tracts and Difficult Development Areas, tenant data collection, changes to HOME program regulations, National Standards for the Physical Inspection of Real Estate (NSPIRE), and other HUD guidance.
DISCUSSION LEADER
Jennifer Schwartz, Director of Tax and Housing Advocacy | National Council of State Housing Agencies
SPEAKERS
Adam Bibler, Director of the Program Parameters and Research Division | U.S. Department of Housing and Urban Development
Michael Hollar, Senior Economist | U.S. Department of Housing and Urban Development
Cliff Kornegay, Director of NSPIRE Standards & Quality Assurance | U.S. Department of Housing and Urban Development
NCSHA Executive Directors Forum
Open only to HFA executive directors (or a chair-approved substitute).
Break
Ask the Legal and Accounting Experts
Veteran tax advisors take questions from allocating agency representatives and offer perspectives on hot topics in Housing Credit development, finance, and compliance.
SPEAKERS
Anthony Freedman, Partner | Holland & Knight LLP
Beth Mullen, Partner | CohnReznick LLP
Michael Novogradac, Managing Partner | Novogradac & Company LLP
NCSHA Executive Directors Luncheon
Open only to HFA executive directors (or a chair-approved substitute).
Lunch
Open only to registered HFA and Housing Credit allocating agency members.
Seated lunch served 11:45 am – 12:30 pm.
Afternoon sessions open to all registrants.
Marketplace Grand Opening
Welcome to NCSHA’s largest annual exhibition of affordable housing finance products and services! Representatives from the exhibiting companies will be on hand in the Marketplace on June 11 and 12 to help you find solutions to your pressing business challenges.
Reserve your booth today! Email exhibits@ncsha.org for details.
Zeffert’s Java Joint Open in the Marketplace
Stop in the Marketplace for a handcrafted coffee or tea beverage — hot or iced — courtesy of our Diamond sponsor.
Sponsored by: 
Opening Plenary Session
Welcome and Opening Remarks
SPEAKERS
Ralph Perrey, Executive Director | Tennessee Housing Development Agency
Christopher Nunn, Commissioner | Georgia Department of Community Affairs/Georgia Housing and Finance Authority
Stockton Williams, Executive Director | National Council of State Housing Agencies
Welcome to Atlanta: Mayor Andre Dickens
Mayor Dickens welcomes conference attendees to Atlanta and shares his goal to create 20,000 affordable housing units in the city, part of his Moving Atlanta Forward Agenda.
SPEAKER
Andre Dickens, Mayor | City of Atlanta
Keynote Address: Egbert L.J. Perry
Egbert L.J. Perry is chairman of Integral, a national urban development company he co-founded in 1993 with the mission to “create value in cities and (re)build the fabric of communities.” Headquartered in Atlanta, Integral is a premier provider of sustainable real estate, community, and infrastructure solutions in markets across the country, specializing in large-scale mixed-use projects and affordable and workforce housing developments.
In 1996, Integral conceived of and collaborated with another firm and the Atlanta Housing Authority to create Centennial Place. This forward-thinking project was the nation’s first urban mixed-use community, integrating mixed-income housing, early childhood development, K-12 education reform, recreation, health and wellness facilities, and human services. Designated by the U.S. Department of Housing and Urban Development as the National Model, this holistic revitalization approach to community development has since been replicated more than 250 times across the United States.
SPEAKER
Egbert L.J. Perry, Chairman | Integral
Atlanta Affordable Housing Strategies
Local and state experts discuss financing strategies and innovative solutions to address critical affordable housing needs in Atlanta. Explore the creative partnership between the city and the Georgia Department of Community Affairs to help meet the ambitious housing goals set by Mayor Andre Dickens.
DISCUSSION LEADER
Christopher Nunn, Commissioner | Georgia Department of Community Affairs/Georgia Housing and Finance Authority
SPEAKERS
Carmen Chubb, President | Columbia Residential, LLC
Frank Fernandez, President and Chief Executive Officer | Community Foundation for Greater Atlanta
Ice Cream Social in the Marketplace
Sponsored by: 
Ensuring Long-Term Stability for the Housing Credit Inventory
While Housing Credit developments navigated the pandemic with a combination of federal and state interventions, operating challenges are now emerging in the portfolio. Discuss the impacts on developments of lower rent collections due to vacancies and eviction moratoria, deferred maintenance, skyrocketing insurance premiums, increased utility costs, and other operating challenge. Consider what post-pandemic performance trends suggest about future underwriting, asset management, and preservation of the Housing Credit portfolio.
DISCUSSION LEADER
Lisa Vatske, Director, Multifamily Housing and Community Facilities | Washington State Housing Finance Commission
SPEAKERS
Laura Abernathy, Senior Director of Housing Policy | National Housing Trust
Dara Kovel, Chief Executive Officer | Beacon Communities LLC
Michael Novogradac, Managing Partner | Novogradac & Company LLP
Andrea Ponsor, President and Chief Executive Officer | Stewards of Affordable Housing for the Future
Networking Break in the Marketplace
Sponsor this event! Email sponsors@ncsha.org for details.
CONCURRENT SESSIONS
Tax-Exempt Bond Structuring Strategies
As more states face constraints with tax-exempt bond volume cap, explore tactics for managing competitive bond allocations, including limiting aggregate basis, combining 9 and 4 Percent Credits, and bond recycling. Discuss the impact of the current interest rate environment on financial structuring of bond deals and how a reduction in the bond-financing threshold to 30 percent would dramatically alter the capital stack and underwriting of future deals.
DISCUSSION LEADER
Mitch Kelly, Director, Office of Housing Finance | Georgia Department of Community Affairs/Georgia Housing and Finance Authority
SPEAKERS
Khayree Duckett, Government Relations Manager | Dominium
Anthony Freedman, Partner | Holland & Knight LLP
Kent Neumann, Founding Member | Tiber Hudson LLC
Brian Robinson, Senior Vice President, Director of Development Advisory Services | National Affordable Housing Trust
Application of the NSPIRE Protocol in Housing Credit Inspections
The National Standards for the Physical Inspection of Real Estate (NSPIRE) are transforming how Housing Credit properties must be inspected. Delve into the NSPIRE physical inspection protocol, new scoring procedures, practical aspects of implementing the new standard, challenges properties may encounter, and coordination with HUD’s physical inspection alignment initiative.
DISCUSSION LEADER
Todd Folse, Compliance Director | Louisiana Housing Corporation
SPEAKERS
Mark English, Founder & President | E&A Team
Cliff Kornegay, Director of NSPIRE Standards & Quality Assurance | U.S. Department of Housing and Urban Development
Scott Precourt, Founding Partner | US Housing Consultants
Harold Tucker, Director of State Compliance Monitoring | Spectrum Compliance
Leadership Circle Reception
Open only to HFA executive directors (or a chair-approved substitute) and board members and, by invitation only, to Leadership Circle members and top-tier conference sponsors.
NCSHA is proud to recognize our Leadership Circle members for their generous support of the organization and this conference.
To join the Leadership Circle, contact membership@ncsha.org.
Wednesday Jun 12
Sessions open to all registrants.
Badge Pick-Up & Registration
Continental Breakfast
CONCURRENT SESSIONS
Leveraging Energy Incentives in Affordable Housing
The Inflation Reduction Act (IRA) provides billions of dollars in tax incentives and funding for affordable housing energy efficiency and resiliency measures. As the programs get underway, learn how to qualify for IRA funding, how to structure financing to work best with the Housing Credit, and how the various provisions can fill financing gaps and reduce utility costs in new housing developments and recapitalization of existing housing.
DISCUSSION LEADER
Wendy Smith, Deputy Executive Director, Housing Programs | Kentucky Housing Corporation
SPEAKERS
Ellen Lurie Hoffman, Senior Advisor, Housing Policy | U.S. Department of the Treasury
Beth Mullen, Partner | CohnReznick LLP
Todd Nedwick, Senior Director of Sustainability Policy | National Housing Trust
Lauren Westmoreland, Vice President, Energy and Sustainability | Stewards of Affordable Housing for the Future
Ensuring Project Compliance in Year One
Noncompliance in the first year of the Credit period can result in downward adjusters or jeopardize the ability to claim Credits altogether. Gain a better understanding of the impact of noncompliance in Year One, common errors resulting in noncompliance, and effective lease-up and documentation strategies to ensure compliance in this crucial first year.
DISCUSSION LEADER
Karen Georgetown, Senior Vice President of Program Compliance | Mississippi Home Corporation
SPEAKERS
Jen Brewerton, Vice President, Compliance | Dominium
Keith Garovoy, President | Garovoy Compliance & Consulting, LLC
Kristin Han, Vice President, Compliance | WNC & Associates, Inc.
Randy McCall, Housing Compliance Trainer | US Housing Consultants
The Washington Report
Advocacy insiders offer their perspectives on the legislative and regulatory forecast for the Housing Credit in Washington, DC. Explore the status of the Affordable Housing Credit Improvement Act and other legislation that could impact the Housing Credit, the outlook for federal spending programs, and forthcoming regulatory guidance impacting the program and look ahead to expiring tax provisions and significant legislation on tap for 2025.
DISCUSSION LEADER
Jennifer Schwartz, Director of Tax and Housing Advocacy | National Council of State Housing Agencies
SPEAKERS
Sarah Brundage, President and Chief Executive Officer | National Association of Affordable Housing Lenders
Emily Cadik, Chief Executive Officer | Affordable Housing Tax Credit Coalition
Peter Lawrence, Director of Public Policy and Government Relations | Novogradac & Company LLP
Ayrianne Parks, Senior Director, Policy Advocacy | Enterprise Community Partners, Inc.
Marketplace Open
Zeffert’s Java Joint Open in the Marketplace
Sponsored by:
Networking Break in the Marketplace
Sponsor this event! Email sponsors@ncsha.org for details.
CONCURRENT SESSIONS
Evaluating Trends in Income and Rent Limits
Explore the impact of new HUD methodology for calculating income limits, including a proposed 10 percent cap on annual increases. Learn how the new income limits will affect maximum rent levels in existing developments, projected operating budgets, and financial underwriting of future deals. Discuss how income and rent limits apply in Housing Credit developments with multiple subsidies and what to expect with future income limit updates.
DISCUSSION LEADER
Rebecca Frawley Wachtel, Director, LIHTC and HOME Programs | Commonwealth of Massachusetts Executive Office of Housing and Livable Communities
SPEAKERS
Adam Bibler, Director of the Program Parameters and Research Division | U.S. Department of Housing and Urban Development
Michael Hollar, Senior Economist | U.S. Department of Housing and Urban Development
Marie Peace, Senior Vice President, Chief Compliance Officer | The Franklin Johnston Group
Paula Prahl, Partner, Chief Policy and Corporate Affairs Officer and Executive Vice President | Dominium
Understanding HOTMA Changes, Part 1
Explore key provisions of the Housing Opportunity Through Modernization Act (HOTMA) and its impact on Housing Credit compliance. Part 1 of this session provides an introduction to HOTMA, a review of effective dates and verification refinements, and an analysis of how the various requirements apply in multiple-subsidy developments.
SPEAKERS
Scott Michael Dunn, Chief Executive Officer/Principal | Costello Compliance
Stephanie Naquin, Director of Multifamily Property Compliance | Novogradac & Company LLP
Strategies for Sustainable Supportive Housing
As the permanent supportive housing (PSH) portfolio ages, some properties are experiencing challenges due to operating expense increases that cannot be covered by project rent collections. Discuss strategies for sustainable PSH operations, including new underwriting standards, financial structuring tactics, use of Medicaid dollars for housing, and supportive service partnerships, plus the magnitude of preservation challenges in the critical PSH portfolio.
DISCUSSION LEADER
Alissa Ice, Director of Housing Development | Kansas Housing Resources Corporation
SPEAKERS
Debbie Burkart, Managing Director, Supportive Housing | National Equity Fund, Inc.
Ismael Guerrero, President and Chief Executive Officer | Mercy Housing Inc.
Daniel Smith, Senior Vice President | U.S. Bank
Kathryn Turner, Senior Community Investment Officer | CSH
Networking Lunch in the Marketplace
Boxed lunch served 11:30 am – 12:45 pm.
Sponsor this event! Email sponsors@ncsha.org for details.
Georgia DCA Affordable Housing Tour
The Georgia Department of Community Affairs invites registered attendees to participate in this complimentary two-hour tour of Atlanta properties made possible through the Housing Credit program. Preregister (required) here; space is limited and available on a first-come, first-served basis. The tour repeats 3:30 – 5:30 pm.
Attendees will first visit Scholars Landing, a multiphase development by Integral and Atlanta Housing that has transformed the formerly public housing University Homes. Funded by HUD Choice Neighborhood Implementation Grants totaling $30 million, housing tax credits, and low-interest financing, the master development includes market-rate, affordable, and senior housing.
Then, attendees will be transported to Reynoldstown, where Rea Ventures is nearing completion on Madison Reynoldstown. Adjacent to the Eastside Trail of the Atlanta Beltline, Madison Reynoldstown will serve households earning 30 – 80 percent of area median income, providing much-needed affordable housing in a community facing rapid gentrification and high rent growth.
CONCURRENT SESSIONS
Navigating the Multifamily Insurance Crisis
Owners of affordable multifamily housing are experiencing excessive increases in insurance premiums and the inability to obtain insurance altogether in certain markets. Learn more about the current state of affairs, mitigating actions developers and investors are taking, and opportunities to manage risk with resilient construction methods. Understand the impact of these historic increases on the viability of existing and future developments in high-risk markets.
DISCUSSION LEADER
Felita Hamilton, Multifamily Programs Allocation Manager | Tennessee Housing Development Agency
SPEAKERS
Thom Amdur, Senior Vice President, Policy and Impact | Lincoln Avenue Communities
Jeffrey Kittle, President and Chief Executive Officer | Kittle Property Group, Inc.
Thuy Miller, Senior Vice President, Underwriting | CREA, LLC
Understanding HOTMA Changes, Part 2
Part 2 of this session focuses on HOTMA rules for calculating tenant income, including income exclusions and treatment of student financial assistance.
SPEAKERS
Wendy Fitzhugh, Vice President, HUD Programs | National Center for Housing Management
Gary Kirkman, Director of Compliance Training | US Housing Consultants
Stephanie Naquin, Director of Multifamily Property Compliance | Novogradac & Company LLP
Capitalizing on State Tax Credit Programs
More than half of the states currently have state tax credits that assist in the creation of affordable housing and fill financing gaps in Housing Credit deals. Review the structure and mechanics of state tax credit programs, strategies to maximize the value of credits, the impact of state credits on financial structuring and underwriting, and best practices for the creation and expansion of state credit programs.
DISCUSSION LEADER
Tommy Lowmon, Division Director, Housing Finance and Development | Georgia Department of Community Affairs/Georgia Housing and Finance Authority
SPEAKERS
Glenn Graff, Partner | Applegate & Thorne-Thomsen, P.C.
Chris Hite, Chief Executive Officer | Sugar Creek Capital
Garrett LeDonne, Senior Vice President | Woda Cooper Companies, Inc.
John Nolde, Shareholder | Winthrop & Weinstine, P.A.
Networking Break in the Marketplace
Sponsor this event! Email sponsors@ncsha.org for details.
CONCURRENT SESSIONS
Reducing Costs Through Construction and Finance Innovation
Discuss cost-saving approaches to affordable housing development and finance. Explore the benefits of prefabricated and modular construction, sustainable development, and other advancements in construction technology. Learn strategies to minimize capital market costs and reduce duplication of effort with streamlined financial underwriting, smart technology, and expedited loan processing.
DISCUSSION LEADER
Jeanne Redondo, Tax Credit Program Manager | New Mexico Mortgage Finance Authority
SPEAKERS
Kevin Lewis, Chief Revenue Officer | Builders Patch Inc.
Josh Levy, Executive Vice President, Head of Business Development and Strategy | Vessel Technologies, Inc.
Drew Rosenbarger, Vice President of Development | The Annex Group
Understanding HOTMA Changes, Part 3
Part 3 of this session focuses on HOTMA requirements for calculating tenant assets, including asset exclusions, categories of personal property, rules for imputing income from assets, and self-certification.
SPEAKERS
Scott Michael Dunn, Chief Executive Officer/Principal | Costello Compliance
Ronnette Jameson-Smith, Senior Trainer | Zeffert & Associates, Inc.
Samantha Sowards, Senior Manager of Professional Development | Nan McKay & Associates, Inc.
Promoting Racial Equity with the Housing Credit
Hear about new practices fostering racial equity in affordable housing finance, including efforts to correct a historical lack of access to capital, evaluate underwriting policies and procedures through an equity lens, promote minority participation on development and management teams, and create policies that lead to more equitable program outcomes. Learn about innovative strategies and solutions that drive systemic change and advance inclusivity.
DISCUSSION LEADER
Candace Maupins, Program Compliance Administrator | Missouri Housing Development Commission
SPEAKERS
Joey Castleberry, Vice President, Investor Relations | Enterprise Housing Credit Investments
Paul Cummings, Senior Vice President, Capital Markets | National Affordable Housing Trust
Lydia Smith, Emerging Minority Developer Fund Director | National Equity Fund, Inc.
Miranda Walker, Impact Capital Manager | U.S. Bancorp Impact Finance
Networking Break in the Marketplace
Sponsor this event! Email sponsors@ncsha.org for details.
Georgia DCA Affordable Housing Tour
The Georgia Department of Community Affairs invites registered attendees to participate in this complimentary two-hour tour of Atlanta properties made possible through the Housing Credit program. Preregister (required) here; space is limited and available on a first-come, first-served basis. Repeated from 1:00 pm.
Attendees first visit Scholars Landing, a multiphase development by Integral and Atlanta Housing that has transformed the formerly public housing University Homes. Funded by HUD Choice Neighborhood Implementation Grants totaling $30 million, housing tax credits, and low-interest financing, the master development includes market-rate, affordable, and senior housing.
Then, attendees are transported to Reynoldstown, where Rea Ventures is nearing completion on Madison Reynoldstown. Adjacent to the Eastside Trail of the Atlanta Beltline, Madison Reynoldstown will serve households earning 30 – 80 percent of area median income, providing much-needed affordable housing in a community facing rapid gentrification and high rent growth.
CONCURRENT SESSIONS
Housing Credit Equity Market Roundtable
In this session, Housing Credit investors and syndicators explore 2024 equity market conditions. Learn how energy and state tax credits, Community Reinvestment Act changes, and portfolio performance affect investor demand, financial underwriting criteria, and the forecast for equity pricing. Gain a better understanding of the impact that additional Credit authority and a reduction in the tax-exempt bond-financing threshold could have on the equity market.
DISCUSSION LEADER
Claudia O’Grady, Vice President, Multifamily Finance and Development | Utah Housing Corporation
SPEAKERS
Kari Downes, President | Enterprise Housing Credit Investments
John Jablonsky, Senior Vice President, Investor Relations | National Equity Fund, Inc.
Julie Sharp, Executive Vice President, Tax Credit Equity | Merchants Capital
Vihar Sheth, Managing Director of Affordable Housing | U.S. Bancorp Impact Finance
Keeping Up with Compliance Technology
Recent changes in Housing Credit compliance are causing notable advances in software and technology. Hear about cutting-edge technology trends, including tools to monitor compliance with new average income test (AIT) requirements, HOTMA income and asset rules, and the NSPIRE inspection protocol. Explore efficiencies gained through expedited tenant qualification procedures, standardized compliance documents, and other technology advancements.
DISCUSSION LEADER
Wendy Quakenbush, Director of Multifamily Compliance | Texas Department of Housing and Community Affairs
SPEAKERS
Ryan Kim, Vice President of Professional Services | ProLink Solutions
Alex Melikan, Director, Investment Management | MRI Software/TCAM
Mary Beth Snyder, Resident Screening Industry Principal | Yardi
Fair Housing and Tenant Protection Strategies
Gain a deeper understanding of the application of fair housing and accessibility rules in Housing Credit developments, including affirmative marketing, design and construction requirements, reasonable accommodation, and correcting fair housing violations. Explore strategies for tenant screening, fee transparency, rent increase notification, tenant relocation, eviction prevention, and additional tenant protection best practices.
DISCUSSION LEADER
Wubet Biratu, Director, Asset Management and Compliance | Washington State Housing Finance Commission
SPEAKERS
Mark English, Founder & President | E&A Team
Maureen Freehill, Director, Affordable Housing Development | National Church Residences
Natalie Meador, Affordable Housing Trainer | Zeffert & Associates, Inc.
Sara McCue, Attorney | Baird Holm LLC
Networking Reception in the Marketplace
Enjoy beverages and hors d’oeuvres while you connect with old friends and make new contacts among the solution providers represented in this year’s Marketplace!
Sponsor this event! Email sponsors@ncsha.org for details.
Thursday Jun 13
Sessions open to all registrants.
Badge Pick-Up & Registration
Plenary Breakfast: Managing Change During Program Instability
Seated breakfast served 7:45 am – 8:45 am.
Industry stakeholders discuss effective strategies for navigating current Housing Credit financial and operational challenges, as well as new program requirements. Explore the impact of development and operating cost increases, interest rate volatility, significant changes to compliance rules, and operational challenges through a lens of change management. Consider how these changes could affect program priorities, financial viability of developments, and compliance monitoring strategies.
Sponsored by:
DISCUSSION LEADER
Brian Miller, Director, Asset Management | Colorado Housing and Finance Authority
SPEAKERS
Jeffrey Connolly, Senior Vice President, Asset Management | Enterprise Housing Credit Investments
Thomas Pereira, Executive Vice President, Syndications | CREA, LLC
Jeffrey Promnitz, Chief Executive Officer | Zeffert & Associates, Inc.
Kevin Warner, Board Director | Ion Water
Break
CONCURRENT SESSIONS
A New Urgency in the Housing Credit Preservation Challenge
Discuss the magnitude of the preservation challenge in the Housing Credit portfolio, including Year 15 projects going through the qualified contract process or involved in right-of-first-refusal litigation, plus Year 30 developments facing expiration of affordability restrictions. Delve into preservation financing tools and new investment strategies to ensure continued affordability, as well as opportunities to enhance sustainability during recapitalization.
DISCUSSION LEADER
James Lehnhoff, Assistant Commissioner, Multifamily | Minnesota Housing
SPEAKERS
David Davenport, Managing Partner | BC Davenport, LLC
Lianna Petroski, Senior Vice President, Real Estate Equity | Enterprise Community Investment, Inc.
Maureen Reichert, Partner, Real Estate Services Group | RubinBrown LLP
Moha Thakur, Public Policy Initiatives Manager | National Housing Trust
Compliance Experience with the Average Income Test
Explore the impact of the average income test minimum set-aside on Housing Credit compliance and management. Discuss HFA monitoring and reporting policies, developer and property management perspectives, and additional investor requirements in AIT deals. Identify best practices for initial tenant qualification, unit designation, project lease-up, tenant relocation, AIT compliance reporting, and noncompliance correction.
DISCUSSION LEADER
Renee Dickinson, Multifamily Compliance Manager | Minnesota Housing
SPEAKERS
Scott Michael Dunn, Chief Executive Officer/Principal | Costello Compliance
Patricia Hensley, Vice President, Compliance | Kittle Property Group, Inc.
Tina Pater, Vice President, Compliance Manager | J.P. Morgan Capital Corporation
Break
CONCURRENT SESSIONS
Maximizing Outcomes with Data-Driven Policies
As development costs increase and affordable housing resources continue to be scarce, it is critical to analyze population data and operating trends to support data-driven decision-making, accurate underwriting, and optimal resource allocation. Learn how to identify and use good data sources to inform qualified allocation plan priorities, housing needs assessments, market studies, project underwriting assumptions, and asset management strategies.
DISCUSSION LEADER
Bettie Teasley, Manager of Policy and Research | North Carolina Housing Finance Agency
SPEAKERS
Kanan Ajmera, Chief Executive Officer, Founder | Builders Patch Inc.
Allen Feliz, Vice President, U.S. Affordable Housing | MRI Software/TCAM
Michael Francescani, Senior Manager, Project Finance & Consulting | CohnReznick LLP
Chris Lahna, Partner, Chief Property Management and Talent Officer and Executive Vice President | Dominium
Utility Allowance Compliance Essentials
Explore the methodology and benefits of the utility allowance options permitted under IRS regulations. Discuss the impact on residents, challenges for sub-metered buildings and multiple-subsidy projects, opportunities to change the utility allowance in an existing development, strategies for correcting utility allowance noncompliance, and the impact of new Inflation Reduction Act energy incentives on selecting the optimal utility allowance.
DISCUSSION LEADER
Melissa Donahue, Division Manager, Asset Management and Compliance | Washington State Housing Finance Commission
SPEAKERS
Missy Covington, Vice President, Compliance | Raymond James
Stephanie Naquin, Director of Multifamily Property Compliance | Novogradac & Company LLP
Lauren Westmoreland, Vice President, Energy and Sustainability | Stewards of Affordable Housing for the Future
