Agenda

Session 1: Housing Credit Program Basics

Leading Housing Credit industry trainers explain federal program requirements including income and rent restrictions, affordability commitments, mandatory preferences and selection criteria, and state agency responsibilities for allocation, underwriting, and compliance monitoring.

TRAINERS
Kathryn Grosscup, Manager, Housing Tax Credit | Colorado Housing and Finance Authority
John Marti, Partner | Nixon Peabody LLP
Thomas Stagg, Partner | Novogradac & Company LLP
Dirk Wallace, Partner | Novogradac & Company LLP

Session 2: Eligible Basis and Credit Calculations

Gain a better understanding of the three types of Credit, tax-exempt bond financing fundamentals, applicable percentages, accounting treatment of development costs, eligible basis calculations and basis boosts, IRS Form 8609 elections, maximum Credit amount calculations, and other technical program rules.

TRAINERS
Morgan Debusk, Principal | Novogradac & Company LLP
Thomas Stagg, Partner | Novogradac & Company LLP
Dirk Wallace, Partner | Novogradac & Company LLP

Session 3: The Development Process

Explore the Housing Credit development process, including reviewing a typical development timeline, specific rules for new construction and rehabilitation, carryover allocation requirements, satisfying the 10 percent test, meeting the 50 percent test for bond financing, placed-in-service requirements, developer responsibilities, and key program deadlines.

TRAINERS
Debra Guerrero, Senior Vice President, Strategic Partnerships and Government Affairs | The NRP Group
John Marti, Partner | Nixon Peabody LLP
Dirk Wallace, Partner | Novogradac & Company LLP

Session 4: Deal Structuring and Investment Essentials

Learn the fundamentals of Housing Credit deal structuring, including common investment partnership structures, equity pricing considerations, financial structuring and underwriting criteria, investor perspectives on deal selection, the syndication process, partnership agreements, guarantees and tax credit adjuster provisions, reserve accounts, and Credit recapture basics.

TRAINERS
John Marti, Partner | Nixon Peabody LLP
Catalina Vielma, Director, Acquisitions | Red Stone Equity Partners
Dirk Wallace, Partner | Novogradac & Company LLP