| 8:00 a.m. |
Registration and Continental Breakfast |
| 8:30 a.m. - 9:30 a.m. |
Welcome and Introductions |
| 9:30 a.m. - 10:20 a.m. |
Washington Wire |
| 10:30 a.m. - 11:20 a.m. |
Mid-Year Review
- • Recap the first half of 2009 with the CDFI Fund
- • Status of applications and allocations
- • Latest industry news, Treasury guidance and other program matters
- • Impacts of the American Recovery and Reinvestment Act of 2009 on NMTCs
|
| 11:30 a.m. - 12:20 p.m. |
Community Benefit Agreements
- • Negotiating a mutually advantageous contract and tailoring it to your project’s community
- • What and who the CBA should cover
- • Implementation and enforcement provisions—oversight committees and more
- • Quantifying and monitoring the CBA during the 7-year compliance period
|
| 12:30 p.m. |
Keynote Luncheon Speaker
Jorge Castro, counsel and lead economic policy advisor to Senator John D. Rockefeller, D-W.Va. |
| 2:00 p.m. - 2:50 p.m. |
Righting a Sinking Project
- • Dealing with troubled QLICI loans and investments
- • CDEs, lenders and collaboration on courses of action with differing interests and concerns
- • Navigating compliance issues related to reinvestment of foreclosure proceeds including substantially-all requirements and allocation agreement provisions
|
| 3:00 p.m. - 3:50 p.m. |
Exit Strategies: Steps to a Successful Conclusion
- • Issues and tax consequences that come into play during Year 7
- • Planning opportunities to mitigate burdensome tax consequences at exit
- • Strategies employed by investors, CDEs and developers when unwinding a deal
- • Details of various exit scenarios, including partnership issues, put/calls and refinancing options
|
| 4:00 p.m. - 4:50 p.m. |
Energetic Partners: The NMTC and the RETC
- • Structuring alternatives that combine wind and solar credits with NMTCs
- • Changes under the American Recovery and Reinvestment Act that make twinning the credits easier
- • Analysis on the challenges and opportunities of enhancing NMTCs with renewable energy credits and incentives
|
| 5:30 p.m. – 7:00 p.m. |
Cocktail Reception |
| 8:00 a.m. - 9:00 a.m. |
Registration and Networking Breakfast
|
| 9:00 a.m. - 9:50 a.m. |
Advisory Boards
- • Who’s on them and why the make-up of a board matters
- • Requirements the board as a whole must meet
- • Expectations of board members
- • Why your advisory board should be more than just a filled requisite—examples of board member input shaping and building successful business strategy
|
| 10:00 a.m. - 10:50 a.m. |
Financing Community Facilities
- • YMCAs, charter schools, nonprofits and other community centers as beneficiaries of NMTCs
- • Overcoming challenges encountered with community facility projects (i.e., loan and tax credit guarantees, “true debt” issues, non-qualified financial property concerns)
- • Structures and other issues to consider
- • Managing conflicting interests
|
| 11:00 a.m. - 11:50 a.m. |
Case Study: Overcoming Obstacles, Achieving Success
- • How an NMTC allocation gives rise to a multi-million development
- • A project's impact on the lives of an entire community
- • The legal and accounting challenges that were overcome to make the financing a reality
- • Project details, concerns and distinct perspectives of the developer, investor, CDE, lender, accountant and attorney
|
| 12:00 p.m. |
Conference Concludes |
