Conference Agenda

October 5, 2010

11:00 am	NCAHMA Executive Committee Meeting
1:30 pm	Welcome & Introductions
2:00 pm	Affordable Housing & Tax Credit Policy Update This Spring was one of the busiest on record for affordable housing and tax credit policy advocates. This session will convene industry experts to update our members on critical policy developments from Congress and HUD. Highlights include: FHA Underwriting Changes Securing the Future of the LIHTC Expanding Opportunities to Preserve Affordable Housing Through Transformation of Rental Assistance and Preservation Legislation Taxation of Carried Interest: What Does It Mean For Developers & Investors? ...and more Glenn Graff, Applegate & Thorne-Thomsen LLP, Chicago, IL Ronne Thielen, Centerline Capital Group, Irvine, CA Thom Amdur, NCAHMA, Washington, DC
3:15 pm	State-of-the States: Tax Credit Allocators Roundtable Executives from housing finance agencies discuss trends and issues in their qualified allocation plans. Special focus on policy impacting the allocation of 9% LIHTCs, Tax Exempt Bonds and 1602/Exchange funds. Tracy Sanchez, City of Chicago, Department of Community Development David Allen, Michigan State Housing Development Authority Jacop Sipe, Indiana Housing & Community Development Authority Kasey Kier, Minnesota Housing Finance Agency Tom Wolfe, Kentucky Housing Corporation Richard Polton, Value Research Group, Livingston, NJ
4:30 pm	The Investors Perspective This panel brings key leaders affordable housing tax credit investors to discuss key developments in underwriting, risk rating, asset management and more... Gina Bender, Bank of America Merrill Lynch, Boston, MA Doug Lloyd, JP Morgan Chase, Chicago, IL Doug Koch, McGladrey, Newton, MA
5:30 pm	Underwriting Tax Credit Equity In the wake of the financial downturn, developers, syndicators and housing finance agencies continue to seek a workable equilibrium in the equity market. This panel will bring together active syndicators and investors to discuss key issues impacting the access to tax credit equity including: The Effect of Recapitalization and Deconsolidation On Equity Providers New LIHTC Fund Structures Attracting New Tax Credit Investors Tax Credit Portfolio Trends State of the Market Place, Pricing & Terms John Simon, Sidley Austin LLP, Chicago, IL Ronne Thielen, Centerline Capital Group, Irvine, CA Doug Lloyd, JP Morgan Chase, Chicago, IL Mandy Kozminske, US Bank, St. Louis, MO Joe Hagan, National Equity Fund, Chicago, IL
6:30 pm	Networking Reception

October 6, 2010

8:00 am	Committee Meetings and Networking Breakfast
9:30 am	Committee Reports
10:00 am	Understanding The Implication of New Area Median Incomes On Affordable Housing Development & Market Analysis Bud Clarke, Boston Financial Investment Management, Boston, MA Brad Weinberg, Novogradac & Company, Bethesda, MD
11:15 am	Demographic & Census Update This panel will explore the transition that data producers and analysts will be making the 2010 Census and the American Community Survey. Julia Lavigne, Ribbon Demographics, Newcastle, CO Ken Hodges, Nielson Claritas, Ithaca, NY
12:00 pm	Networking Lunch & Regional Market Updates Michael Hershberger, Baker Tilly LLC, Madison, WI Liza Mutzl, Mitchell Appraisals, Inc., Indianapolis, IN Beth Beckett, Real Estate Strategies, Inc., Paoli, PA TBA
1:30 pm	Measuring and Projecting Absorption: Reconciling Conflicting Economic, Construction & Demographic Data John Prior, Prior & Associates, Denver, CO Tad Scepaniak, RealPropertyResearchGroup, Woodstock, GA
2:45 pm	Alternative Field Work Business Opportunities: Site Inspections and Asset Management Inspection Andy Bowden, Spectrum Enterprises, Cape Elizabeth, ME Linda Cargill, Cargill Investment Group, Boston, MA Doug Koch, McGladrey, Boston, MA Lolita Sereleas, Fund Consulting, Chicago, IL
3:45 pm	Key Issues & Developments In Market Analysis Part II This session will explore key issues in affordable housing market analysis including defining scope of work, MAP market study guidelines and best practices. A can't miss session for analysts and users of market studies. This session is a follow-up from the Part I session held at NCAHMA 2010 Spring Underwriting Forum.
4:30 pm	End of Meeting