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 Patrick Sheridan, Executive Vice President, Housing | Volunteers of America Terry Sween, Development Associate | Dominium Delivered during NCSHA’s […]
Opportunity Zones, a new community development tool authorized in the 2017 tax reform bill, encourage investment in designated high-poverty neighborhoods through favorable capital gains treatment and other incentives. Policy experts explain the new program, the opportunity zone designation process, eligible investments, and how opportunity zone investments might be used with the Housing Credit. DISCUSSION LEADER […]
While Credit allocating agencies continue to refine development cost policies, developers and other industry participants are implementing new practices to reduce costs. Explore innovative cost control approaches that address issues raised in the General Accountability Office report on development costs and NCSHA’s cost study. Learn how to strike the appropriate balance between development cost and […]
Gain an understanding of 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 Dirk Wallace, Partner | Novogradac & Company LLP Susan Wilson, Vice President and Chief Technical Officer | Enterprise Community Investment, Inc. Delivered during […]
Read More… from Eligible Basis and Credit Calculations (HCC18)
Review HUD’s Violence Against Women Act (VAWA) guidance and how it could apply to Housing Credit developments. Consider implementation of NCSHA’s new VAWA recommended practice, including provisions on tenant notice, emergency transfer plans, and lease bifurcation. DISCUSSION LEADER Jennifer Marchand, Multifamily Program Compliance Technical Advisor | Oregon Housing and Community Services SPEAKERS Scott Michael Dunn, […]
Explore best practices for utilizing the Housing Credit in mixed-income developments. Consider the benefits of a diverse resident base and the underwriting risks associated with units above 60 percent of area median income. Examine zoning variances, impact fee waivers, density bonuses, and other planning incentives for mixed-income development. Understand how the income averaging provision of […]
Veteran industry trainers discuss basic Housing Credit program requirements, including income and rent restrictions, qualified allocation plans, federal preferences and criteria, financial feasibility analysis, types of Credit, eligible basis calculations, and compliance monitoring. TRAINERS Thomas Giblin, Partner | Nixon Peabody LLP Alexandra Lawson, Associate | Nixon Peabody LLP Thomas Stagg, Partner | Novogradac & Company […]
Hear about successful strategies for integrating resident services into development budgets for family, elderly, and permanent supportive housing. Consider development structuring issues, underwriting criteria, and service funding strategies, as well as tools for measuring the capability of service providers. Understand the vital link between housing and the delivery of health and other services. DISCUSSION LEADER […]
Read More… from Developing Service-Enriched and Supportive Housing (HCC18)
Leading tax advisors examine the Tax Cuts and Jobs Act of 2017 and the short- and long-term effects on the existing Housing Credit portfolio and new investments. Gain an understanding of the impact of the reduced corporate tax rate on Credit pricing and investor yield calculations, as well as changes in depreciation rules, interest deduction […]
