Pre-Conference Workshop

Pre-Conference Workshop Registration Rates

$395 workshop only
$295 with conference registration

Instructors
	Wayne Michael, CPA Director of Education and Business Development Novogradac & Company LLP			Nick Hoehn, CPA Principal Novogradac & Company LLP

Agenda

9:00 a.m. – 10:00 a.m.          
Introductions and Morning Session

• Overview of affordable housing
• Intro to Internal Revenue Code Section 42 and LIHTCs
• The 9% competitive tax credit pool and states' QAPs
• Example tax credit calculation

10:00 a.m. – 10:10 a.m.        
Networking Break

10:10 a.m. – 11:00 a.m.        
Morning Session continued

• The tax credit application
• Credit reservation
• Carryover allocation and the 10% test
• Typical LIHTC partnership structure
• Investor, syndicator, developer, fund, operating partnership
• Investor equity contributions and credit pricing

11:00 a.m. – 11:10 a.m.        
Networking Break

11:10 a.m. – 12:00 p.m.        
Morning Session continued

• Construction completion, certificates of occupancy, lease-up
• Program rules
• 20 at 50 and 40 at 60 minimum set-asides, income limits, rent limits
• Placed-in-service package, Forms 8609

12:00 p.m. – 1:00 p.m.
Networking Luncheon

1:00 p.m. – 2:00 p.m.
Afternoon Session

• Earning and claiming tax credits
• 10-year credit period, 15-year compliance period
• Noncompliance and credit recapture

2:00 p.m. – 2:10 p.m.            
Networking Break

2:10 p.m. – 3:00 p.m.            
Afternoon Session continued

• Tax-exempt-bond-financed projects and 4% tax credits
• The 50% test, financing challenges unique to 4% deals

3:00 p.m. – 3:10 p.m.            
Networking Break

3:10 p.m. – 4:00 p.m.            
Afternoon Session continued

• Contrasting 9% deals with 4% deals
• Nuances of acq/rehab deals and claiming tax credits

4:00 p.m.
Workshop Concludes

Preview the Content