Housing Credit
Speakers are being added as they are confirmed. Agenda subject to change.
Tuesday Jan 14
TUESDAY OPEN TO NCSHA HFA AND ASSOCIATE MEMBERS ONLY
Registration and Information
Capitol Ballroom Foyer, Ballroom Level
Community Meet-Ups
Housing Credit Development
Salon D/E, Ballroom Level
Share program administration experiences and explore emerging issues in Housing Credit allocation, underwriting, and development with development staff from the allocating agencies.
DISCUSSION LEADERS:
Darrell Beavers, Housing Development Director | Oklahoma Housing Finance Agency
Michelle Wilshere, Senior Manager, LIHTCP | West Virginia Housing Development Fund
Housing Credit Compliance
Salon III, Ballroom Level
Share program monitoring experiences and explore emerging issues in Housing Credit compliance and management with compliance staff from the allocating agencies.
DISCUSSION LEADERS:
Athena Lunsford, Program Compliance Manager | Ohio Housing Finance Agency
Timothy Veenstra, Director, Asset Management | Illinois Housing Development Authority
Networking Break
Grand Ballroom Foyer, Ballroom Level
Plenary Session
Treasury and IRS Policy Briefing
Salon I/II, Ballroom Level
Hear about forthcoming program guidance and talk about current reporting and program administration issues with senior officials from the Treasury Department and Internal Revenue Service.
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
Michael Torruella, General Attorney (Tax) | Internal Revenue Service
Networking Break
Grand Ballroom Foyer, Ballroom Level
Plenary Session
Housing Credit Investment 101
Salon I/II, Ballroom Level
Go behind the scenes with national investors to learn about the process of investing in Housing Credit developments. Hear the investor perspective on deal selection, Credit pricing, syndicated versus direct investments, timing of equity installments, underwriting criteria, reserve accounts, asset management, compliance monitoring, and property disposition.
PARTICIPANTS:
Catherine Cawthon, Board Member | Ohio Housing Finance Agency
Desiree Francis, Vice President of Originations | Capital One
Vihar Sheth, Senior Vice President, Director of Business Development | U.S. Bancorp Community Development Corporation
Wednesday Jan 15
Registration and Information
Capitol Ballroom Foyer, Ballroom Level
Continental Breakfast
Grand Ballroom Foyer and Salon IV, Ballroom Level
Plenary Session
2020 Housing Credit Program Outlook
Salon I/II, Ballroom Level
Industry leaders offer the inside scoop on Housing Credit topics that will be hot in 2020, including potential legislative and regulatory changes, Community Reinvestment Act reform, equity market trends, development costs, and significant preservation challenges in the existing portfolio.
DISCUSSION LEADER:
Jennifer Schwartz, Director of Tax and Housing Advocacy | National Council of State Housing Agencies
PARTICIPANTS:
Emily Cadik, Executive Director | Affordable Housing Tax Credit Coalition
Scott Hoekman, President and Chief Executive Officer | Enterprise Housing Credit Investments, LLC
Michael Novogradac, Managing Partner | Novogradac & Company LLP
Buzz Roberts, President and Chief Executive Officer | National Association of Affordable Housing Lenders
Ronne Thielen, Executive Vice President | R4 Capital
Networking Break
Grand Ballroom Foyer, Ballroom Level
Concurrent Sessions
Data-Driven Development Policy
Salon F/G, Ballroom Level
Three decades of Housing Credit development have provided us with a wealth of data. Join us to discuss the opportunities to use data to inform state agency policies and priorities, including the role of statewide needs assessments, asset management reports, and external market data in developing QAPs and making other policy decisions.
DISCUSSION LEADER:
Cynthia Deakyne, Housing Development Administrator | Delaware State Housing Authority
PARTICIPANTS:
Laura Abernathy, Director of State and Local Policy | National Housing Trust
Stephany De Scisciolo, Vice President, Knowledge, Impact, and Strategy | Enterprise Community Partners, Inc.
Mark Shelburne, Senior Manager, Public Policy | Novogradac & Company LLP
Compliance Hot Topics
Salon III, Ballroom Level
Federal officials and compliance experts cover new IRS monitoring requirements, maintaining compliance in developments electing income averaging, HUD tenant data collection, fair housing enforcement, and other emerging issues in Housing Credit compliance and management.
DISCUSSION LEADER:
Devyn Smith, Director of Real Estate Compliance | Indiana Housing and Community Development Authority
PARTICIPANTS:
Mark English, President | E&A Team, Inc.
Michael Hollar, Senior Economist | U.S. Department of Housing and Urban Development
Stephanie Naquin, Multifamily Compliance | Novogradac & Company LLP
Dillon Taylor, Attorney | Internal Revenue Service
Lunch
Salon IV, Ballroom Level
Plenary Session
Average Income Test: Development and Compliance Challenges
Salon I/II, Ballroom Level
The implementation of the Average Income Test minimum set-aside has had a dramatic impact on Housing Credit development and compliance. Hear industry perspectives on income averaging and discuss the latest state agency allocation and monitoring policies and emerging best practices for unit designation, market studies, financial underwriting, and maintaining compliance.
DISCUSSION LEADER:
Renee Dickinson, Multifamily Compliance Manager | Minnesota Housing
PARTICIPANTS:
Jen Brewerton, Vice President of Compliance | Dominium
Scott Michael Dunn, Chief Executive Officer/Principal | Costello Compliance
Anthony Freedman, Partner | Holland & Knight LLP
Latte Station
Grand Ballroom Foyer, Ballroom Level
Sponsored by:
Networking Break
Grand Ballroom Foyer, Ballroom Level
Concurrent Sessions
Proactive Preservation Approaches
Salon F/G, Ballroom Level
As a wave of properties faces recapitalization at Year 15 and potential conversion to market-rate use at Year 30, we discuss the magnitude of the Housing Credit preservation challenge. What are the policy implications of qualified contract activity and the obstacles to the right of first refusal? How are resyndication, tax-exempt bonds, and other financing tools leveraged effectively in preservation strategies?
DISCUSSION LEADER:
Matt Rayburn, Deputy Executive Director and Chief Real Estate Development Officer | Indiana Housing and Community Development Authority
PARTICIPANTS:
Anthony Freedman, Partner | Holland & Knight LLP
Greg Griffin, Vice President, Asset Resolution and Dispositions | Enterprise Community Asset Management, Inc.
Ellen Lurie Hoffman, Federal Policy Director | National Housing Trust
Deborah VanAmerongen, Strategic Policy Advisor, Government Relations and Public Policy, Affordable Housing | Nixon Peabody LLP
Coordinating Compliance with Multiple Subsidies
Salon III, Ballroom Level
Compliance and management experts guide you through the conflicting compliance requirements in Housing Credit developments with multiple subsidies. Explore the impact of HOME, the Housing Trust Fund, Section 8, Rental Assistance Demonstration, and other subsidies on project compliance and state monitoring responsibilities.
DISCUSSION LEADER:
Susan Westbrook, Manager of Rental Assets | North Carolina Housing Finance Agency
PARTICIPANTS:
Amanda Lee Gross, Vice President of Training and Compliance Policy | US Housing Consultants
Jo Ikelheimer, Vice President, Compliance Programs | National Center for Housing Management
Stephanie Naquin, Multifamily Compliance | Novogradac & Company LLP
Networking Break
Grand Ballroom Foyer, Ballroom Level
Concurrent Sessions
Dialogue with Housing Credit Developers
Salon F/G, Ballroom Level
National multifamily developers join allocating agency representatives to discuss current Housing Credit challenges, including the intense competition for Credits, construction labor shortages, volatile construction material pricing, development cost containment, NIMBY concerns, and continued affordability of the aging housing stock.
DISCUSSION LEADER:
Kevin Tatreau, Director of Development Finance | Florida Housing Finance Corporation
PARTICIPANTS:
Kimberly Black King, Senior Vice President for Housing Development | Volunteers of America
Ward F. Hoppe, Owner | Hoppe Homes, LP
Barry Kahn, President | The Hettig/Kahn Companies
Kevin Kelly, Co-Managing Partner | Leon N. Weiner & Associates, Inc.
Steve Lawson, Chairman | The Lawson Companies
Compliance and Management Forum
Salon III, Ballroom Level
Join other Housing Credit compliance professionals in an open forum covering hot topics, best practices, and emerging challenges in compliance and property management.
DISCUSSION LEADER:
Jennifer Marchand, Multifamily Program Compliance Technical Advisor | Oregon Housing and Community Services
PARTICIPANTS:
Scott Michael Dunn, Chief Executive Officer/Principal | Costello Compliance
Keith Garovoy, President | Garovoy Compliance & Consulting, LLC
Kristin Han, Vice President, Compliance | WNC & Associates, Inc.
Gary Kirkman, Director of Compliance Training | E&A Team, Inc.
Housing Credit Networking Reception
Penn Avenue Terrace, Lobby Level
Thursday Jan 16
JOINT WITH SECTION 8 AND OTHER FEDERALLY ASSISTED MULTIFAMILY HOUSING
OPEN TO ALL REGISTERED ATTENDEES
Registration and Information
Capitol Ballroom Foyer, Ballroom Level
Continental Breakfast
Grand Ballroom Foyer and Salon IV, Ballroom Level
Concurrent Sessions
Multifamily Finance Forum
Salon F/G, Ballroom Level
Federal agency officials and multifamily finance experts discuss financial structuring and underwriting strategies for developments using HUD and USDA multifamily programs, the Capital Magnet Fund, tax-exempt bonds, and other financing.
DISCUSSION LEADER:
Shawn Colbert, Director of Housing Development | New Mexico Mortgage Finance Authority
PARTICIPANTS:
Thomas Bernaciak, Deputy Director of Production | U.S. Department of Housing and Urban Development
Lauryn Enrico, Direct Loan Division Director, Multifamily Housing Programs, Rural Housing | U.S. Department of Agriculture
Benjamin Killion, Associate | Caine Mitter & Associates Incorporated
Paula Sampson, Senior Program Advisor, Capital Magnet Fund, CDFI Fund | U.S. Department of the Treasury
Tenant Qualification Seminar, Part 1
Salon D/E, Ballroom Level
During this program, gain a better understanding of essential Housing Credit and Section 8 tenant qualification procedures, income determination calculations, general public use requirements, application of student rules, and tenant income certifications. Session continues at 10:45 a.m.
PARTICIPANTS:
Amanda Lee Gross, Vice President of Training and Compliance Policy | US Housing Consultants
Mary Ross, President | Ross Business Development
Networking Break
Grand Ballroom Foyer, Ballroom Level
Concurrent Sessions
RAD Development Strategies
Salon F/G, Ballroom Level
What is the future direction of HUD’s Rental Assistance Demonstration (RAD) program? What lessons have been learned from recent RAD closings and deal structuring strategies involving Housing Credits, tax-exempt bonds, and HUD financing? Discuss RAD challenges, including demands on HFA resources, development costs, appraisal and tax issues, accessing and administering Project Based Rental Assistance, and preserving the Section 202 portfolio.
DISCUSSION LEADER:
JD Bondurant, Director of Low Income Housing Tax Credit Programs | Virginia Housing Development Authority
PARTICIPANTS:
Tom Davis, Director, Office of Recapitalization | U.S. Department of Housing and Urban Development
Andrea Ponsor, President and Chief Executive Officer | Stewards of Affordable Housing for the Future
Deborah VanAmerongen, Strategic Policy Advisor, Government Relations and Public Policy, Affordable Housing | Nixon Peabody LLP
Tenant Qualification Seminar, Part 2
Salon D/E, Ballroom Level
In Part 2 of this program, delve deeper into tenant qualification issues, focusing on tenant selection plans and compliance with fair housing and Violence Against Women Act requirements.
PARTICIPANTS:
Amanda Lee Gross, Vice President of Training and Compliance Policy | US Housing Consultants
Mary Ross, President | Ross Business Development
