Agenda subject to change.
Tuesday Jun 11
Sessions open to NCSHA HFA and associate members only
Sessions open to NCSHA HFA and associate members only
Registration and Information
North Registration Desk | Lower B2 Level
Continental Breakfast
Yerba Buena Grand Assembly | Lower B2 Level
Washington Report
Yerba Buena Salon 8 | Lower B2 Level
NCSHA’s legislative and policy team report on new and forthcoming Housing Credit legislation and the outlook for its advancement. Get the latest on affordable housing program funding, housing finance reform efforts, and other legislative and regulatory issues impacting the Credit.
PARTICIPANTS
Garth Rieman, Director of Housing Advocacy and Strategic Initiatives | National Council of State Housing Agencies
Jennifer Schwartz, Director of Tax and Housing Advocacy | National Council of State Housing Agencies
Networking Break
Yerba Buena Grand Assembly | Lower B2 Level
CONCURRENT SESSIONS
Development Community Meet-Up
Yerba Buena Salon 7 | Lower B2 Level
Allocating agency development officials share their experiences in Housing Credit allocation and underwriting and discuss emerging issues in program administration.
Compliance Community Meet-Up
Golden Gate A | B2 Level
Allocating agency compliance officials share their experiences in Housing Credit monitoring and discuss emerging issues in program compliance.
Lunch
Golden Gate B | B2 Level
CONCURRENT SESSIONS
Development Community Meet-Up (continued)
Yerba Buena Salon 7 | Lower B2 Level
Compliance Community Meet-Up (continued)
Golden Gate A | B2 Level
Networking Break
Yerba Buena Grand Assembly | Lower B2 Level
IRS Policy and Compliance Briefing
Yerba Buena Salon 8 | Lower B2 Level
Senior Internal Revenue Service officials meet with allocating agency representatives to discuss recently published and forthcoming guidance, IRS compliance reporting, and current issues in program administration.
DISCUSSION LEADER
James Tassos, Deputy Director of Tax Policy and Strategic Initiatives | National Council of State Housing Agencies
PARTICIPANTS
Jian Grant, Senior Technician Reviewer, Office of Chief Counsel | Internal Revenue Service
James Holmes, Senior Attorney, Office of Chief Counsel | Internal Revenue Service
George Lydford, Senior Program Analyst, Examination Quality and Technical Support | Internal Revenue Service
Dillon Taylor, Attorney | Internal Revenue Service
Networking Break
Yerba Buena Grand Assembly | Lower B2 Level
Housing Credit Allocator and Investor Forum
Yerba Buena Salon 8 | Lower B2 Level
Joint with Affordable Housing Investors Council
Housing Credit investors and allocating agency representatives explore the life cycle of a deal, focusing on the opportunities and challenges presented in the current environment. Share insights and concerns as we track a transaction from QAP development to acquisitions and underwriting, then into asset management and through the investor’s exit at year 15.
PARTICIPANTS
Jennifer Call, Asset Manager | U.S. Bancorp Community Development Corporation
Brian Coffee, Affordable Housing Executive | Regions Bank
Timothy Hodges, Vice President, Government Relations and Community Development | Peoples United Bank NA
Brian Miller, Director, Asset Management | Colorado Housing and Finance Agency
Kevin Tatreau, Director of Development Finance | Florida Housing Finance Corporation
Allocators' Happy Hour
Atrium | 2nd Level
Wednesday Jun 12
Sessions open to NCSHA HFA and associate members only.
Morning Sessions and lunch open to NCSHA HFA and associate members only
Registration and Information
North Registration Desk | Lower B2 Level
Continental Breakfast
Yerba Buena Grand Assembly | Lower B2 Level
NCSHA Board of Directors Meeting
Yerba Buena Salon 4-6 | Lower B2 Level
Open to NCSHA member HFA executive directors only
Breakfast available at 8:00 a.m.
HUD Policy Forum
Yerba Buena Salon 7 | Lower B2 Level
Senior HUD officials meet with allocating agency representatives to discuss income limits, the impact of FMRs on Housing Credit rents, QCT and DDA designations, Rental Assistance Demonstration (RAD) developments, new Section 3 rules, fair housing enforcement, Housing Credit tenant data collection, and the physical inspection alignment initiative.
DISCUSSION LEADER
Jennifer Schwartz, Director of Tax and Housing Advocacy | National Council of State Housing Agencies
PARTICIPANTS
Tom Davis, Director, Office of Recapitalization | U.S. Department of Housing and Urban Development
Dina Elani, Director, Project Management and Alignment Office Real Estate Assessment Center | U.S. Department of Housing and Urban
Lynn Grosso, Deputy Assistant Secretary for Enforcement Programs, Office of Fair Housing and Equal Opportunity | U.S. Department of Housing and Urban Development
Michael Hollar, Senior Economist | U.S. Department of Housing and Urban Development
Peter Kahn, Director, Economic and Market Analysis Division, Office of Policy Development and Research | U.S. Department of Housing and Urban Development
Networking Break
Yerba Buena Grand Assembly | Lower B2 Level
Ask the Legal and Accounting Experts
Yerba Buena Salon 7 | Lower B2 Level
Veteran tax advisors answer legal and accounting questions from allocating agency representatives and offer perspectives on program hot topics, including deal structuring and compliance aspects of income averaging, qualified contract activity, and state enforcement of extended use agreements.
PARTICIPANTS
Jerome Breed, Principal | Miles & Stockbridge P.C.
Anthony Freedman, Partner | Holland & Knight LLP
Beth Mullen, Partner | CohnReznick LLP
Michael Novogradac, Managing Partner | Novogradac & Company LLP
NCSHA Executive Directors Forum
Yerba Buena Salon 4-6 | Lower B2 Level
Open to NCSHA member HFA executive directors only
Lunch available at 11:30 a.m.
Lunch
Golden Gate B | B2 Level
Open to NCSHA HFA and associate members only
Afternoon sessions open to all attendees
Marketplace Grand Opening
Yerba Buena Salons 9-15 | Lower B2 Level
Opening Plenary
Yerba Buena Salon 8 | Lower B2 Level
Welcome and Opening Remarks
NCSHA’s leadership discusses Housing Finance Agency policy priorities and the outlook for the Housing Credit and Housing Bond programs in Washington, DC.
SPEAKERS
Tia Boatman Patterson, Executive Director | California Housing Finance Agency
Stockton Williams, Executive Director | National Council of State Housing Agencies
Keynote Address: Addressing California’s Affordable Housing Crisis
State Treasurer Fiona Ma discusses the magnitude of California’s affordable housing crisis and innovative strategies to combat it, including incentives for affordable housing development in Opportunity Zones.
KEYNOTE SPEAKER
Fiona Ma, CPA, Treasurer | State of California
Innovation and Collaboration for Affordable Housing
Affordable housing leaders discuss California’s innovative approaches to leveraging the Housing Credit, tax-exempt bonds, and other housing finance tools, as well as new opportunities for collaboration on Governor Newsom’s affordable housing priorities.
DISCUSSION LEADER
Stockton Williams, Executive Director | National Council of State Housing Agencies
PARTICIPANTS
Tia Boatman Patterson, Executive Director | California Housing Finance Agency, and Senior Advisor on Housing | Office of Governor Newsom
Benjamin Metcalf, Director, California Department of Housing and Community Development
Networking Break in the Marketplace
Yerba Buena Salons 9-15 | Lower B2 Level
CONCURRENT SESSIONS
Housing Credit Equity Market Roundtable
Yerba Buena Salon 8 | Lower B2 Level
Housing Credit investors and syndicators explore current equity market activity and offer perspectives on Credit pricing trends, tax-exempt bond deals, the impact of tax reform on investor demand, the new income averaging minimum setaside, Housing Credit developments in Opportunity Zones, and potential changes to Community Reinvestment Act (CRA) requirements.
DISCUSSION LEADER
Cynthia Lacasse, Director of Rental Business Development | MassHousing
PARTICIPANTS
Anil Advani, Executive Vice President, Originations and Finance| WNC & Associates, Inc.
Frederick Copeman, Senior Vice President, Equity Production | Boston Financial Investment Management
Todd Crow, Executive Vice President, Manager, Tax Credit Solutions | PNC Real Estate
Scott Hoekman, President and Chief Executive Officer | Enterprise Housing Credit Investments, LLC
Jennifer Seamons, Senior Vice President, Key Community Development Corporation | KeyBank
Elizabeth Stohr, LIHTC Director | U.S. Bancorp Community Development Corporation
Compliance Hot Topics
Yerba Buena Salon 7 | Lower B2 Level
Federal officials and industry compliance experts explore significant changes in Housing Credit compliance, including implementation of the income averaging minimum set-aside, new IRS requirements for state agency monitoring reviews and utility allowances, updates to income limit methodology, and other issues.
DISCUSSION LEADER
Renee Dickinson, Multifamily Compliance Manager | Minnesota Housing
PARTICIPANTS
Scott Michael Dunn, Chief Executive Officer/Principal | Costello Compliance
Jian Grant, Senior Technician Reviewer, Office of Chief Counsel | Internal Revenue Service
Amanda Gross, Vice President of Training and Compliance Policy | US Housing Consultants
Peter Kahn, Director, Economic and Market Analysis Division, Office of Policy Development and Research | U.S. Department of Housing and Urban Development
Leadership Circle Reception
Atrium | 2nd Level
Open by invitation only to NCSHA member HFA executive directors and board members, top affiliate supporters, and top-tier conference sponsors. To become a Leadership Circle member, contact Phaedra Stoger at membership@ncsha.org.
Thursday Jun 13
Sessions open to all attendees
Registration and Information
North Registration Desk | Lower B2 Level
Marketplace Open
Yerba Buena Salons 9-15 | Lower B2 Level
Continental Breakfast in the Marketplace
Yerba Buena Salons 9-15 | Lower B2 Level
Additional seating is available in Nob Hill | Lower B2 Level.
CONCURRENT SESSIONS
Development
Deal Structuring with Income Averaging
Yerba Buena Salon 8 | Lower B2 Level
Explore new opportunities for Housing Credit development using the income averaging minimum set-aside election. Understand the impact of the set-aside on income limits, project rents, and Credit delivery. Discuss financial structuring benefits of mixed-income developments, structuring challenges in multiple subsidy deals, and best practices for unit designation and market studies.
DISCUSSION LEADER
Rebecca Frawley Wachtel, Tax Credits and HOME Program Director | Massachusetts Department of Housing and Community Development
PARTICIPANTS
Iris Bashein, Senior Vice President, Tax Credit Investments | Bank of America Merrill Lynch
H. Blair Kincer, Partner | Novogradac & Company LLP
Mark Sween, Vice President and Project Partner | Dominium
Compliance
Focus on Fair Housing
Yerba Buena Salon 7 | Lower B2 Level
Understand application of fair housing rules in the management of Housing Credit developments. Examine essential tenant qualification procedures, affirmative fair housing marketing plans, the general public use rule, Section 8 nondiscrimination provisions, senior housing definitions, Violence Against Women Act requirements, reasonable accommodation, and federal fair housing enforcement actions.
DISCUSSION LEADER
Jennifer Marchand, Multifamily Program Compliance Technical Advisor | Oregon Housing and Community Services
PARTICIPANTS
Lynn Grosso, Deputy Assistant Secretary for Enforcement Programs, Office of Fair Housing and Equal Opportunity | U.S. Department of Housing and Urban Development
Gary Kirkman, Housing Compliance Trainer | E&A Team, Inc.
Renee Williams, Staff Attorney | National Housing Law Project
Special Focus
The RAD Revolution
Golden Gate A | B2 Level
Assess achievements and the future direction of HUD’s Rental Assistance Demonstration (RAD) program. Explore lessons learned from RAD closings and deal structuring strategies involving Housing Credits, tax-exempt bonds, and HUD financing. Understand tenant relocation rules, appraisal and tax issues, and use of RAD to preserve the Section 202 portfolio.
DISCUSSION LEADER
Alan Rakowski, Rental Housing Tax Credit Manager | Indiana Housing and Community Development Authority
PARTICIPANTS
Mikiyon Alexander, Director, U.S. Public Finance | Fitch Ratings
Tom Davis, Director, Office of Recapitalization | U.S. Department of Housing and Urban Development
Chris Tritsis, Senior Manager | Baker Tilly Virchow Krause, LLP
Deborah VanAmerongen, Strategic Policy Advisor, Government Relations & Public Policy, Affordable Housing | Nixon Peabody LLP
Housing Credit 101
Housing Credit Program Basics
Golden Gate B | B2 Level
Veteran industry trainers discuss basic Housing Credit program rules, including income and rent restrictions, qualified allocation plans, federal preferences and criteria, and financial feasibility analysis.
TRAINERS
Thomas Giblin, Partner | Nixon Peabody LLP
Stephanie Naquin, Multifamily Compliance | Novogradac & Company LLP
Dirk Wallace, Partner | Novogradac & Company LLP
Latte Station in the Marketplace
Yerba Buena Salons 9-15 | Lower B2 Level
Sponsored by:
Networking Break in the Marketplace
Yerba Buena Salons 9-15 | Lower B2 Level
Rural Housing Focus Group Meeting
Yerba Buena Salon 2-3 | Lower B2 Level
Open to NCSHA member HFA executive directors and their designated staff members only
CONCURRENT SESSIONS
Development
Overcoming Development and Construction Challenges
Yerba Buena Salon 8 | Lower B2 Level
Multifamily developers offer solutions to current Housing Credit development challenges, including increased demand for the Credit and tax-exempt bond resources, scarcity of gap financing, higher interest rates, development siting issues, volatile construction material pricing, construction labor shortages, and NIMBY concerns.
DISCUSSION LEADER
JD Bondurant, Director of Low Income Housing Tax Credit Programs | Virginia Housing Development Authority
PARTICIPANTS
Jeffrey Kittle, President and Chief Executive Officer | Herman & Kittle Properties, Inc.
Christopher LaGrand, Senior Vice President and Corporate Counsel | Woda Cooper Companies, Inc.
Amy Rosenthal, Director, Affordable Housing Development | National Church Residences
Patrick Sheridan, Executive Vice President, Housing | Volunteers of America
Compliance
Ensuring Compliance in the Extended Use Period
Yerba Buena Salon 7 | Lower B2 Level
Consider state agency and industry best practices for maintaining compliance in the Housing Credit extended use period. Understand complexities related to acquisition/rehabilitation, qualification of existing tenants, amendment of extended use agreements, and compliance issues in resyndications.
DISCUSSION LEADER
Denise Cox, Chief Compliance Audit Investigator | Nevada Housing Division
PARTICIPANTS
Anthony Freedman, Partner | Holland & Knight LLP
Oke Johnson, Managing Director, Compliance Services | LEDIC Realty Company, LLC
Stephanie Naquin, Multifamily Compliance | Novogradac & Company LLP
Special Focus
Incorporating Resident Services in Affordable Housing
Golden Gate A | B2 Level
Examine financial structuring issues, underwriting criteria, and strategies for providing resident services in family, elderly, and permanent supportive housing. Assess federal, state, and local subsidies to support service provision and tools for measuring service provider capability. Understand the link between housing and health care as well as specific services for the homeless, veterans, and domestic violence survivors.
DISCUSSION LEADER
Bob Peterson, Manager, Multifamily Housing and Community Facilities Division | Washington State Housing Finance Commission
PARTICIPANTS
Deborah Burkart, National Vice President, Supportive Housing | National Equity Fund, Inc.
Paul Cummings, Senior Vice President, Director of Originations and Capital Markets | National Affordable Housing Trust
Eileen Fitzgerald, President and Chief Executive Officer | Stewards of Affordable Housing for the Future
Housing Credit 101
Eligible Basis and Credit Calculations
Golden Gate B | B2 Level
Understand the three types of Credit, applicable percentages, IRS Form 8609 elections, accounting treatment of construction costs and soft costs, eligible basis calculations, and determining maximum Credit amounts.
TRAINERS
Russell Condas, Developer | Dominium
Dirk Wallace, Partner | Novogradac & Company LLP
CONCURRENT SESSIONS
Development
Leveraging the Housing Credit in Opportunity Zones
Yerba Buena Salon 8 | Lower B2 Level
Financial structuring experts analyze the combination of the Housing Credit and Opportunity Zone incentives, including tactics for structuring funds, allocating tax benefits, optimizing equity contributions, and maximizing eligible basis. Explore the impact of IRS guidance on Housing Credit development, the use of bond financing in Opportunity Zone deals, and the status of funds targeting affordable housing.
DISCUSSION LEADER
Kelan Craig, Director of Planning, Preservation and Development | Ohio Housing Finance Agency
PARTICIPANTS
Glenn Graff, Partner | Applegate & Thorne-Thomsen, P.C.
Bryan Hollander, Originator | Enterprise Community Investment, Inc.
Michael Novogradac, Managing Partner | Novogradac & Company LLP
Compliance
Understanding Section 8: The Basics of PBV, PBRA, HCV, and RAD
Yerba Buena Salon 7 | Lower B2 Level
Understand Section 8 rental assistance programs including project-based vouchers (PBV), project-based rental assistance (PBRA), and Housing Choice Vouchers (HCV). Analyze the impact of rental assistance on Housing Credit development and compliance requirements. Discuss Section 8 rules for income determination and rents and specific issues related to Rental Assistance Demonstration (RAD) deals.
PARTICIPANTS
Sheryl Putnam, Professional Development Director | Nan McKay & Associates, Inc.
Samantha Sowards, Manager of Curriculum Development and Senior Trainer | Nan McKay & Associates, Inc.
Special Focus
Financing Development in Rural and Native American Areas
Golden Gate A | B2 Level
Study Housing Credit financing opportunities and preservation strategies for rural markets and Native American lands. Discuss trends in area median income growth and potential benefits and challenges to using the new income averaging minimum set-aside in rural areas. Understand the impact of USDA and Fannie Mae initiatives in these and other underserved markets.
DISCUSSION LEADER
Darrell Beavers, Housing Development Director | Oklahoma Housing Finance Agency
PARTICIPANTS
Nancie-Ann Bodell, Assistant Deputy Administrator, Multifamily Housing Programs, Rural Development | U.S. Department of Agriculture
Dana Brown, Vice President, LIHTC Investments | Fannie Mae
Russell Kaney, Senior Program Director for Rural and Native American Housing | Enterprise Community Partners, Inc.
Housing Credit 101
The Development Process
Golden Gate B | B2 Level
Explore the Housing Credit development process, including review of a typical development timeline, carryover allocation requirements, satisfying the 10 percent test, placed-in-service requirements, key deadlines, and supporting documentation.
TRAINERS
Thomas Giblin, Partner | Nixon Peabody LLP
Mike Roderer, Senior Vice President of Development | Herman & Kittle Properties, Inc.
Patrick Sheridan, Executive Vice President, Housing | Volunteers of America
Networking Break in the Marketplace
Yerba Buena Salons 9-15 | Lower B2 Level (Marketplace)
Yerba Buena Grand Assembly | Lower B2 Level
Golden Gate Prefunction | B2 Level
CONCURRENT SESSIONS
Development
Multifamily Bond Financing Seminar, Part I
Yerba Buena Salon 8 | Lower B2 Level
This two-part session explores strategies to enhance and expand the use of tax-exempt bonds. Learn how states can deploy multifamily bonds in nontraditional and rural markets, for new production, and to preserve the aging Housing Credit inventory. Focus on underwriting tactics for 4 percent deals, the critical role of the Credit agency even when another entity issues the bonds, and ensuring these developments meet the same high standards as any other Credit property.
DISCUSSION LEADER
Julie Cody, Assistant Director, Housing Finance | Oregon Housing and Community Services
PARTICIPANTS
Thomas Amdur, President | National Housing & Rehabilitation Association
Anthony Freedman, Partner | Holland & Knight LLP
James Gillespie, Senior Vice President | Bellwether Enterprise Real Estate Capital, LLC
Andrew Zimmerman, Manager, Investments | Impact Community Capital LLC
Compliance
Income Averaging Compliance Considerations
Yerba Buena Salon 7 | Lower B2 Level
Examine compliance in Housing Credit developments electing the income averaging minimum set-aside. Understand state monitoring policies, investor considerations, and property management perspectives. Consider compliance challenges and best practices related to unit designation, income limit application, the next available unit rule, multiple subsidy developments, and noncompliance correction.
DISCUSSION LEADER
Timothy Veenstra, Director, Asset Management | Illinois Housing Development Authority
PARTICIPANTS
Jen Brewerton, Vice President of Compliance | Dominium
Amanda Gross, Vice President of Training and Compliance Policy | US Housing Consultants
Carol Howard, Vice President and Director of Housing Compliance | Boston Capital
Thomas Stagg, Partner | Novogradac & Company LLP
Special Focus
Achieving Affordability and Healthy Housing Through Project Design
Golden Gate A | B2 Level
Explore architectural principles that promote cost-effective construction and enhance resident health. Discuss strategies for controlling Housing Credit development costs with smart design and construction material choices and incorporating affordability into energy efficiency and sustainability goals. Analyze the nexus between project design and resident health outcomes.
DISCUSSION LEADER
Shawn Colbert, Director of Housing Development | New Mexico Mortgage Finance Authority
PARTICIPANTS
Sherry Ahrentzen, Shimberg Professor of Housing Studies | University of Florida
Krista Egger, Director, Green Communities | Enterprise Community Partners, Inc.
Rebecca Schaaf, Senior Vice President, Energy | Stewards of Affordable Housing for the Future
Housing Credit 101
Deal Structuring and Syndication Essentials
Golden Gate B | B2 Level
Learn fundamental aspects of structuring Housing Credit deals, including common investment structures, equity pricing considerations, financial structuring and underwriting criteria, the syndication process, partnership agreements, and Credit recapture basics.
TRAINERS
Michael Bernier, Partner, National Tax | Ernst & Young LLP
Thomas Giblin, Partner | Nixon Peabody LLP
Matthew Mullen, Partner | Nixon Peabody LLP
Jennifer Seamons, Senior Vice President, Key Community Development Corporation | KeyBank
Networking Break in the Marketplace
Yerba Buena Salons 9-15 | Lower B2 Level (Marketplace)
Yerba Buena Grand Assembly | Lower B2 Level
Golden Gate Prefunction | B2 Level
CONCURRENT SESSIONS
Development
Multifamily Bond Financing Seminar, Part II
Yerba Buena Salon 8 | Lower B2 Level
Continue examining innovative tax-exempt bond executions, including bond authority recycling, “twinning” with 9 percent Credits, and other strategies to maximize and stretch this resource. Learn how bond cap-constrained states are instituting competitive 4 percent programs.
DISCUSSION LEADER
Claudia O’Grady, Vice President, Multifamily Finance | Utah Housing Corporation
PARTICIPANTS
Matthew Engler, Director | Wells Fargo Securities
Philip Porter, Vice President, Syndication, Originator | Enterprise Community Investment, Inc.
Lisa Vatske, Director, Multifamily Housing and Community Facilities | Washington State Housing Finance Commission
Compliance
Strengthening Compliance Through Asset Management
Yerba Buena Salon 7 | Lower B2 Level
Consider the latest reports on portfolio performance and how asset management data is impacting deal structuring and property compliance. Discuss site visit and monitoring strategies designed to enhance financial performance, mitigate risk, and strengthen compliance from lease-up through the extended use period. Explore risk-based monitoring and other approaches to target resources as the portfolio grows.
DISCUSSION LEADER
Jennifer Miller, Asset Management Senior Advisor | Illinois Housing Development Authority
PARTICIPANTS
Cindy Fang, Partner | CohnReznick LLP
Allen Feliz, Managing Director | TCAM, an MRI Software Company
Susan Leahy, Senior Vice President | Bank of America Merrill Lynch
Shawn McKenna, President and Chief Executive Officer | ProLink Solutions, Inc.
Special Focus
Housing Credit Advocacy Outlook
Golden Gate A | B2 Level
Federal housing policy advocates share perspectives on the legislative landscape for Housing Credit priorities with special focus on the Affordable Housing Credit Improvement Act and efforts to reduce qualified contract-related portfolio losses. Hear how divided government could help or hinder these efforts and the outlook for HUD funding, housing finance reform, changes to CRA, and more.
DISCUSSION LEADER
Jennifer Schwartz, Director of Tax and Housing Advocacy | National Council of State Housing Agencies
PARTICIPANTS
Sarah Brundage, Senior Director, Public Policy | Enterprise Community Partners, Inc.
Michael Gaber, Executive Vice President | WNC & Associates, Inc.
David Gasson, Director of Corporate Communications | Boston Capital
Peter Lawrence, Director of Public Policy and Government Relations | Novogradac & Company LLP
Housing Credit 101
Program Monitoring and Compliance
Golden Gate B | B2 Level
Understand essential aspects of Housing Credit compliance, including satisfying the minimum set-aside, applicability of income limits, tenant eligibility requirements, income calculation and verification rules, the next available unit rule, state agency compliance monitoring, property inspection requirements, and the impact of noncompliance on Credit delivery.
TRAINERS
Scott Michael Dunn, Chief Executive Officer/Principal | Costello Compliance
Stephanie Naquin, Multifamily Compliance | Novogradac & Company LLP
CONCURRENT SESSIONS
Development
Understanding the Housing Credit Preservation Challenge
Yerba Buena Salon 8 | Lower B2 Level
Discuss preservation strategies for Year 15 Housing Credit deals and other at-risk properties. Explore recapitalization financing using tax-exempt bonds, resyndication, and other resources. Study the policy implications of qualified contract activity and obstacles to the right of first refusal. Understand the magnitude of the preservation challenge as a wave of Housing Credit properties approach Year 30.
DISCUSSION LEADER
Holly Glauser, Director, Development | Pennsylvania Housing Finance Agency
PARTICIPANTS
Laura Abernathy, Director of State and Local Policy | National Housing Trust
Timothy Flint, Senior Vice President | CBRE Affordable Housing
James Grow, Senior Staff Attorney | National Housing Law Project
Robert Rozen, Policy Consultant | RRozen Associates
Compliance
Applying Income Limit and Utility Allowance Updates
Yerba Buena Salon 7 | Lower B2 Level
Analyze recent updates to income limits and utility allowances and the impact on maximum allowable Housing Credit rents. Understand state agency, developer, and management company perspectives on rent increases. Consider the impact of minimum wage increases on income limits and special issues related to preservation transactions, resyndications, and multiple subsidy developments.
DISCUSSION LEADER
James Tassos, Deputy Director of Tax Policy and Strategic Initiatives | National Council of State Housing Agencies
PARTICIANTS
Christine Bennett-Martin, President | Bennett Martin Consulting
Stacy Day, Vice President of Compliance | Gateway Management Company
Thomas Stagg, Partner | Novogradac & Company LLP
Special Focus
The Impact of Tax Reform on Deal Structuring
Golden Gate A | B2 Level
Tax advisors analyze various provisions of the Tax Cuts and Jobs Act of 2017 and the impact on Housing Credit deal structuring. Understand how the reduced corporate tax rate, changes in depreciation rules, interest deduction limitations, the base erosion and anti-abuse tax (BEAT), and other tax provisions have affected investor interest, Credit pricing, financial underwriting, and the existing portfolio.
DISCUSSION LEADER
Elizabeth Strojan, Director of Government Affairs | New York City Housing Development Corporation
PARTICIPANTS
Jerome Breed, Principal | Miles & Stockbridge P.C.
Amy Broadwater, Partner, Real Estate Services Group | RubinBrown LLP
Judith Crosby, Attorney | Kutak Rock LLP
Beth Mullen, Partner | CohnReznick LLP
Networking Reception in the Marketplace
Yerba Buena Salons 9-15, Lower B2 Level
Friday Jun 14
Sessions open to all attendees
Registration and Information
North Registration Desk | Lower B2 Level
Continental Breakfast
Nob Hill | Lower B2 Level
Closing Plenary: Current Program Challenges and Opportunities
Yerba Buena Salon 8 | Lower B2 Level
Industry leaders forecast the future of the Housing Credit by examining current development and compliance challenges and identifying potential program opportunities. Panelists explore the pressing demand for affordable housing, policy considerations in selecting development sites, the financial and compliance status of the existing portfolio, solutions to preservation challenges, innovative cost control and construction methods, and new strategies for leveraging existing affordable housing resources.
DISCUSSION LEADER
Mark Shelburne, Director, Office of Housing Finance | Georgia Department of Community Affairs/Georgia Housing and Finance Authority
PARTICIPANTS
Anthony Freedman, Partner | Holland & Knight LLP
Priya Jayachandran, President | National Housing Trust
Jenny Netzer, Senior Director | TCAM, an MRI Software Company
Karen Przypyszny, Senior Vice President, Equity Placement | National Equity Fund
Brian Robinson, Senior Vice President, Originations and Capital Markets | National Affordable Housing Trust
