MYLOGO
Wednesday, October 21, 2015
General Session
Wednesday, October 21, 2015
Registration & Breakfast
8:00-9:00 am
Welcome and CDFI Fund Q&A
9:00-9:30 am
Join Bob Ibanez, CDFI Fund NMTC program manager, and Brad Elphick, conference chairman and partner at Novogradac & Company LLP, for a discussion on the latest updates from the CDFI Fund.
Speakers
- Brad Elphick, Novogradac & Company LLP
- Bob Ibanez, Community Development Financial Institutions Fund
What's Next for the NMTC Program
9:30-10:30 am
Join Michael Novogradac and other community development veterans for a discussion on current developments in Washington, D.C., key NMTC legislators in the 114th Congress and the status of the Senate Finance Committee tax extenders bill.
Speakers
- Michael Novogradac, Novogradac & Company LLP (Moderator)
- Bob Rapoza, Rapoza Associates
- Jeff McMillen, Akin Gump Strauss Hauer & Feld LLP
Break
10:30-10:45 am
Marketplace Trends to Watch For in 2016
10:45 am-Noon
As the NMTC program matures and demand remains strong, experienced participants continue to build their community investment track records. Hear the latest NMTC trends in the marketplace from experienced NMTC groups. Panelists will address credit pricing, availability of debt for NMTC investments, multiple-CDE transactions and state tax credits.
Speakers
- John Sciarretti, Novogradac & Company LLP (Moderator)
- Scott Pinover, Wells Fargo
- Mary Thompson, Bank of America
- John Chamberlain, Capital One
- En Jung Kim, Chase
By Teresa Garcia, Novogradac & Company LLPOriginally Published in the July 2015 Journal of Tax Credits
Journal of Tax Credits Community Development Awards Luncheon
Noon-1:30 pm
Concurrent Session I
QALICB Bootcamp
1:45-2:45 pm
Find out what a QALICB needs to know going into a transaction. QALICBs and their consultants will offer their perspective on how to assemble the appropriate players, mechanics of the transaction, common missteps and how to maximize NMTC investment value.
Speakers
- Frank Buss,Novogradac & Company LLP (Moderator)
- Jason Maus, Stinson Leonard Street
- Erik Rickard, Barnes & Thornburg LLP
- Bruce Bonjour, Perkins Coie
- Debbie Kleban, Applegate Thorne-Thomsen
- Tucker Bartlett, Self-Help Credit Union
- Tony Smith, S.B. Friedman & Company
By Amanda Read, Novogradac & Company LLPOriginally Published in the September 2015 Journal of Tax Credits
Break
2:45-3:00 pm
NMTC Compliance Requirements and Common Issues
3:00-3:50 pm
Bring general compliance questions for our professionals and listen in as they uncover the most common issues, including proper allocation tracking, monitoring the allocation agreement, and reporting and financial statements.
Speakers
- Tom Fantin, Novogradac & Company LLP (Moderator)
- Jennifer Simmons, Thompson Coburn
- Shelley Whittington, Stonehenge Capital Company, LLC
- Seth Bosworth, Capital One
- John Dalton, Bryan Cave
By Annette Stevenson, Novogradac & Company LLPOriginally Published in the May 2015 Journal of Tax Credits
Break
3:50-4:00 pm
Determining When A Project Needs NMTCs and How Much
Sponsored by the NMTC Working Group
4:00-5:00 pm
This panel will cover recommended practices to determine the amount of allocation to provide a QALICB. The group will walk through important aspects that should be included in a CDE’s financial feasibility analysis to determine the amount and terms of NMTC subsidy, if any, that a QALICB needs to achieve its projected outcomes.
Speakers
- Rebecca Darling, Novogradac & Company LLP (Moderator)
- Kermit Billups, Greenline Ventures
- Elaine DiPietro, Enterprise
- Neil Faden, Manatt Phelps & Phillips
- Robert Labes, Squire Patton Boggs
Concurrent Session II
Exiting the Deal Part 1: Tips for a Successful Unwind
1:45-2:45 pm
When a QALICB and CDE unwind their NMTC transaction, the process is always time-consuming and complicated. Join this interactive session where audience members and panelists share their experiences on ways they’ve navigated the unwind process. Bring a successful unwind story worth sharing that involved jumpstarting the process, a clear exit strategy and secured financing. If you haven’t reached the unwind, let our experts be your guide.
Speakers
- Nicolo Pinoli, Novogradac & Company LLP (Moderator)
- Elizabeth Feldmeir, Husch Blackwell LLP
- Mark Foster, Law Office of Mark D. Foster
- Michael Sanders, Blank Rome LLP
Break
2:45-3:00 pm
Exiting the Deal Part 2: Investor Exit Tax Considerations
3:00-3:50 pm
All parties should be aware of tax consequences that can arise as they exit a transaction. Join an in-depth discussion on how to reflect the intentions of the transaction and what each party was expecting from their role in the investment.
Speakers
- Nicolo Pinoli, Novogradac & Company LLP (Moderator)
- Ruth Sparrow, Future Unlimited Law PC
- Thane Hodson, Butler Snow LLP
By Owen Gray, Novogradac & Company LLPOriginally Published in the February 2015 Journal of Tax Credits
Break
3:50-4:00 pm
Working Out of Troubled NMTC Transactions
4:00-5:00 pm
Hear experts discuss ways to avoid trouble in paradise. Learn what triggers recapture, existing investor safeguards, what to do when a loan is in default and yield considerations beyond tax credits.
Speakers
- Owen Gray, Novogradac & Company LLP (Moderator)
- Ryan Brunton, Husch Blackwell LLP
- Darryl Jacobs, Ginsberg Jacobs
- Scott Lindquist, Dentons
Article
By Owen Gray, Novogradac & Company LLPOriginally Published in the June 2015 Journal of Tax Credits
Novogradac New Markets Tax Credit Conference Reception
5:00-6:30 pm