Novogradac Webinar on the Impact of the OCC-FDIC Proposed Rule on CRA

Thursday, March 5, 2020 - 10:00am to 12:00pm
March 5, 2020 - 10:00am to 12:00pm
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This webinar airs from 10 to 12 p.m. PT (1 to 3 p.m. ET) 

According to the Affordable Housing Investors Council, 85 percent of the annual low-income housing tax credit (LIHTC) equity investment in the country is generated through banks motivated by the Community Reinvestment Act (CRA) obligations. And there is purportedly a greater percentage of potential new markets tax credit (NMTC) investment through these CRA-motivated banks. Additionally, according to the National Park Service, more than 50 percent of historic tax credit (HTC) properties are in low or moderate-income census tracts and 75 percent of historic properties are in economically distressed areas–both of which are targets of CRA investment. This webinar panel will analyze what the proposed regulations would mean for affordable housing and community development.

Instructors

Peter Lawrence
Director of Public Policy and Government Relations
Novogradac

Benson "Buzz" Roberts 
President and CEO
National Association of Affordable Housing Lenders  
 
Matthew Josephs
Senior Vice President
Local Initiatives Support Coalition
 
Gerron Levi
Director, Policy & Government Affairs
National Community Reinvestment Coalition
  

Topics Covered

  • CRA Background/Overview
  • Review of Current Exam Structure
  • Proposed CRA Rule
    • What qualifies for CRA consideration
    • Where CRA activities qualify (facilities-based vs. deposits-based)
    • Performance evaluation framework (aggregate balance sheet ratio)
    • CRA-related data collection, record keeping, and reporting
  • Implications for LIHTC, NMTC and historic tax credits
  • Steps in the regulatory process
  •  Q&A

Target Audience

Housing and community development professionals 
 

Registration Rates*

Standard: $150
Nonprofit: $125
Multiple Registrations: $125/person ($110/person for nonprofits)

*The standard and nonprofit registration fee for live webinars and for webinar recordings covers a single viewer only. If multiple persons within an organization wish to view the webinar and/or its recording (regardless of whether they view it on a single computer or multiple computers), the organization must purchase a registration for each person.