Agenda - Novogradac 2015 New Markets Tax Credit Spring Conference

Thursday, June 11

8-9 a.m.
Registration and Breakfast

9-9:05 a.m.
Welcome
(+) Speakers

9:05-9:30 a.m.
Opening Address: Congressman Pat Tiberi (R-Ohio)

9:30-9:50 a.m.
Keynote Address: Annie Donovan, CDFI Fund Director

9:50-10:30 a.m.
Beltway Reflections
With Republicans in control of both the House and Senate, tax reform discussions remain at center stage. Hear about the key players in the 114th Congress and details about the New Markets Tax Credit Extension Act of 2015.
(+) Speakers

10:30-10:45 a.m.
Break

 

10:45 a.m.-Noon
Mid-Year Review
Panelists will discuss what they learned from the 2015 allocation awards, and will help set expectations for the 2016 application round. Community development veterans will comment on what kind of investments are working (or not), what the industry is doing right, and the kinds of challenges practitioners are facing in the current market.
(+) Speakers

Noon-1:30 p.m.
Community Development Individual Achievement Awards Luncheon

Concurrent Session 1: CDEs Track

1:45-2:45 p.m.
Swimming with the CDEs

Participate in this “Shark Tank" style panel where deals will be presented to CDEs for consideration. Learn in an interactive way what the hot buttons are for investing as QALICBs pitch their ideas for developments inside the tank.
(+) Speakers

2:45-3 pm
Break

3-3:50 p.m.
Accounting and Tax Insights for CDEs and Investors

NMTC experts will provide insight on crucial accounting and tax issues for CDEs and investors. In addition to key federal tax considerations, state tax filing issues – such as how to treat loan interest – will be addressed.
(+) Speakers

3:50-4 p.m.
Break

4-5 p.m.
Multi-CDE Considerations

Learn ways to minimize transaction costs in these popular structures. Hear about the project reporting requirements issued by the CDFI Fund as they relate to multi-CDE projects. Speakers will also answer the question: who leads in a multi-CDE deal?
(+) Speakers

Concurrent Session 2: Advanced NMTC Concepts

1:45-2:45 p.m.
Transaction Structure Spotlight

A multitude of transaction structure configurations are utilized for new markets tax credit investments. Attend this panel to learn more about the available structures to accommodate various business and tax objectives.
(+) Speakers

2:45-3 p.m.
Break

3-3:50 p.m.
The Tale of Two Credits: HTC and NMTC

Combining the HTC and NMTC has led to a number of successful redevelopments. Panelists will discuss deal structure and valuation issues as they relate to the safe harbor guidance.
(+) Speakers

3:50-4 p.m.
Break

4-5 p.m.
Managing Exit Strategies

Be ready for Year 7 by planning for it before you even close. Panelists will discuss specific technical issues that should be thoroughly addressed and negotiated before closing to achieve the goals of all parties when Year 7 arrives. Topics will include the tax consequences of cancellation of debt, fair market value of the call option, the mechanics of the unwind, and more.
(+) Speakers

 

5-7 p.m.
New Markets Tax Credit Conference Reception

Friday, June 12

8-9 a.m.
Breakfast

9-9:30 a.m.
Closing Address: Bob Ibanez, Program Manager, CDFI Fund

9:30-10:30 a.m.
NMTCs and Targeted Populations

Targeted Population transactions add another potential set of projects that can be financed with NMTCs. Hear about recent targeted population deals and learn how to apply the principles of these transactions to deals.
(+) Speakers

10:30-10:40 a.m.
Break

10:40-11:40 a.m.
Measuring Community Impact vs. Economic Impact

Learn how different developments provide different types of community impact and how to measure the collective benefit for communities. Job creation isn’t the only metric that counts–many investments have substantial and long-lasting impacts that help revitalize and stabilize neighborhoods. That can help alleviate longstanding problems that linger beneath the surface and boil over, as we’ve seen with growing civil unrest in recent months. Experts will discuss the distinction between community impact and economic impact and how to define impactful deployment.
(+) Speakers

 

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