| 8:00 a.m. - 9:00 a.m. |
Registration and Networking Breakfast |
| 9:00 a.m. - 9:30 a.m. |
Welcome and Introductions |
| 9:30 a.m. - 10:20 a.m. |
Session 1: Washington Wire
Attend this session to hear a timely discussion on the latest developments in Washington. |
| 10:30 a.m. - 11:20 a.m. |
Session 2: The State of the Equity Market
- Current and forecasted investor appetite
- What to expect in the new year
- A new direction for a transitioning industry
|
| 11:30 a.m. - 12:20 p.m. |
Session 3: Running the Numbers: TCAP & 1602 Funds
- Loan or grant — the implications of each
- TCAP to fill the gap
- Effect on eligible basis
- Effect on depreciable basis
- Tax implications
- Repayment of loans and interest rates
- Conversions of loans to grants
- Tax capital basis
|
| 12:30 p.m. - 2:30 p.m. |
Keynote Luncheon |
| 2:30 p.m. - 3:20 p.m. |
Session 4: Developers Respond: Putting the Programs into Practice
- Exchange funds versus tax credits—developers’ debate
- Using TCAP & 1602 funds
- Project examples
- Red and green flags
- Eligible use of funds
- Timing and new 30% rule
- Crosscutting requirements
- Reporting requirements
- Direct tracing
- Entity structuring
- State asset management requirements
|
| 3:30 p.m. - 4:20 p.m. |
Session 5: Hot Topics: New Challenges for the Industry
- Understanding the new HERA/MTSP rent and income limits
- Utility allowance updates including the latest on energy consumption model and sub metering provisions
- Section 1602 recapture rules
- Conflicting program requirements
|
| 4:30 p.m. - 5:20 p.m. |
Session 6: The State of the Bond Market
- Outlook for 2010
- Lenders’ reactions to recent legislation
- Recapture
- Asset management
- Developer requirements
- Underwriting for today’s market
|
| 5:30 p.m. - 7:00 p.m. |
Networking Reception |
| 8:00 a.m. - 9:00 a.m. |
Registration and Networking Breakfast |
| 9:00 a.m. - 9:50 a.m. |
Session 7: HUD and Your Project
- Policies and provisions
- What’s new at HUD
- Provisions of the coming Preservation and Tenant Protection Act of 2009
- Multi-family program up-date
- Appropriations and/or
- Continuing resolutions
- HUD-insured mortgages
- New favorable terms
- Compliance matters
- Purchasing properties in acquisition or rehabilitation
- Housing Assistance Payments Contract (HAP)
- Compliance matters
- FHAs - the lone players?
|
| 10:00 a.m. - 10:50 a.m. |
Session 8: Year 15: Stay the Course?
- Property assessments
- Maximizing value in Year 15
- Tax and legal aspects: qualified contracts, rights of first refusal, partner transfers
- Exit strategies: Federally assisted rule from HERA, rollovers, and new funding sources
|
| 11:00 a.m. - 11:50 a.m. |
Session 9: Going Solar: ITCs and LIHTCs
- Understanding risks and identifying rewards
- Why a viable duo and one that ought to be considered
- What the financing structure looks like
- How investors view energy credits and what they will pay for them
- LIHTC commercial taint issues
- Effect of stimulus bill provisions (grant program)
- Discussion of California MASH Program
|
| 12:00 p.m. |
Conference Concludes |
