Housing Credit

Agenda subject to change.

Tuesday Jan 14

TUESDAY OPEN TO NCSHA HFA AND ASSOCIATE MEMBERS ONLY

Registration and Information
Community Meet-Ups

Housing Credit Development

Share program administration experiences and explore emerging issues in Housing Credit allocation, underwriting, and development with development staff from the allocating agencies.

Housing Credit Compliance

Share program monitoring experiences and explore emerging issues in Housing Credit compliance and management with compliance staff from the allocating agencies.

Networking Break
Plenary Session

Treasury and IRS Policy Briefing

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.

Networking Break
Plenary Session

Housing Credit Investment 101

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.

Wednesday Jan 15

Registration and Information
Continental Breakfast
Plenary Session

2020 Housing Credit Program Outlook

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.

Networking Break
Concurrent Sessions

Data-Driven Development Policy

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.

Compliance Hot Topics

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.

Lunch
Plenary Session

Income Averaging Development and Compliance Challenges

The implementation of the income averaging 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.

Networking Break
Concurrent Sessions

Proactive Preservation Approaches

As a wave of properties face 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?

Coordinating Compliance with Multiple Subsidies

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.

Networking Break
Concurrent Sessions

Dialogue with Housing Credit Developers

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.

Compliance and Management Forum

Join other Housing Credit compliance professionals in an open forum covering hot topics, best practices, and emerging challenges in compliance and property management.

Housing Credit Networking Reception

Thursday Jan 16

JOINT WITH SECTION 8 AND OTHER FEDERALLY ASSISTED MULTIFAMILY HOUSING

OPEN TO ALL REGISTERED ATTENDEES

Registration and Information
Continental Breakfast
Concurrent Sessions

Multifamily Finance Forum

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.

Tenant Qualification Seminar, Part 1

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.

Networking Break
Concurrent Sessions

RAD Development Strategies

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.

Tenant Qualification Seminar, Part 2

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.