Related Publications
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New Markets Tax Credit Investors Conference October 25-26, 2007
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| Conference Registration | ||
| October 25-26, 2007 |
New Markets Tax Credit Investors Conference | |
| Related Workshops | ||
| October 24, 2007 |
Pre-Conference Workshop: NMTC Basics (optional) | |
Agenda
Thursday, October 25, 2007
Day One| 8:00 a.m. – 9:00 a.m. | Registration and Networking Breakfast | ||
| GENERAL SESSIONS | |||
| 9:00 a.m. – 9:50 a.m. | Welcome and Attendee Introductions | ||
| 10:00 a.m. – 10:50 a.m. | Washington Wire | ||
| 11:00 a.m. – 11:50 a.m. | The Role of CDFIs There are more than 500 community development financial institutions (CDFIs) in the United States whose primary mission is to promote economic development in struggling areas. Sometimes an NMTC allocatee, sometimes not, CDFIs are an integral part of the NMTC program and experts on this panel will bring a greater awareness of how the CDFIs function within the NMTC arena, how their understanding of local markets can add value to projects and how their expertise can be called upon to help with NMTC deals. |
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| 12:00 p.m. – 1:50 p.m. | Keynote Luncheon Kimberly A. Reed, Director, CDFI Fund |
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| CONCURRENT SESSION 1 | |||
| 2:00 p.m. – 2:50 p.m. | Asset Management - Valued Considerations When investing in a CDE, it’s important to understand what needs to be scrutinized, monitored and questioned. This session’s panelists will consider such matters as the strength of the CDE’s management team, on-going monitoring of the CDE, and loan performance. |
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| 3:00 p.m. – 3:50 p.m. | GAAP - Keeping Tabs on the Bottom Line In this Accounting 101 session, GAAP (generally accepted accounting principles) topics that include the consolidation rules of FIN 46, and FIN 48, accounting for uncertainty in taxes, impairment analysis, will lead investors to a clearer understanding of some of the crucial issues in accounting for the NMTC. |
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| 4:00 p.m. – 4:50 p.m. | Targeted Populations – Practical Matters While guidance often carries new opportunities it also brings new questions and new concerns. Notice 2006-60 provided CDEs with additional flexibility in serving individuals and groups that reside or work in communities that might not otherwise fall under the NMTC program’s purview. The Treasury guidance on targeted populations will be the topic of discussion as panelists delve into the practical implementation of the guidance and how it can help guide your NMTC transactions. |
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| CONCURRENT SESSION 2 | |||
| 2:00 p.m. – 2:50 p.m. | Taking the Rural Route: Why and How the NMTC is
Helping Develop Small Town America As the NMTC program matures there is a continued push for NMTC dollars to be delivered to rural communities. A letter to the CDFI Fund by Sens. Max Baucus, D-Mont., and Chuck Grassley, R-Iowa, urged the CDFI Fund to ensure that rural communities receive a proportional share of NMTCs. Hear firsthand from CDEs and investors active in rural America why they chose to invest in non-metropolitan counties, the benefits that accrued from their activities and how the industry can meet the rural mandate for 2008. |
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| 3:00 p.m. – 3:50 p.m. | How to Close the Deal If you’re looking to raise equity for the next round of NMTC allocations, you’ll want to hear the practical suggestions offered by investors, CDE representatives and attorneys on this panel. Sit in on this discussion of how to bring your transaction to a successful conclusion by minimizing delays and making the process more efficient, as well as other suggestions for having that equity lined up in time for the anticipated February 2008 application deadline. |
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| 4:00 p.m. – 4:50 p.m. | Negotiating a Deal – Investors Speak You won’t want to miss this panel of investors who will talk about those very essential and critical aspects of a deal that are so important to them. Aspects like forebearance, control provisions, pricing and community impacts that are sure to play a prominent role in your next negotiation. |
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| GENERAL SESSION | |||
| 5:00 p.m. – 6:00 p.m. | Networking Reception | ||
| 6:00 p.m. | Day One Concludes | ||
Friday, October 26, 2007
Day Two| 8:00 a.m. – 9:00 a.m. | Registration and Networking Breakfast | ||
| GENERAL SESSIONS | |||
| 9:00 a.m. – 9:50 a.m. | CDFI Fund on the Dais Join a representative of the CDFI Fund staff and other NMTC professionals for a discussion of the 2007 allocations, the timing of the next round of allocations, any updates on CDFI Fund allocation agreements and other matters. |
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| 10:00 a.m. – 10:50 a.m. | Leveraged Lender Considerations New proposed revisions pertaining to loans made under the Community Reinvestment Act could help more and smaller banks participate in the NMTC program. Attend this session to learn from lender and CDE representatives how the proposed revisions would add a greater comfort level to the process by clarifying that NMTC loans to and investments in CDEs promote economic development. |
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| 11:00 a.m. – 11:50 a.m. | From A-Z: Following the Trail of an NMTC Transaction From conception to close, the path of an NMTC deal can be a long, complex road. Join us as we parse the journey of an NMTC transaction. Sit in as panelists guide us on an in-depth tour of their project and take a look at the considerable factors that were taken into account and guided decisions in bringing the deal to a winning conclusion. Learn of the forces and curves in the road that from start to finish influenced this successful transaction. |
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| 12:00 p.m. | Conference Concludes | ||