2012 Summer Institute Power Point Presentations and Materials Now Available!

New Markets Tax Credit Technical, Tax and Structuring Update

NH&RA Resources:

• TCA Article: Lawmakers Call for Extension of New Markets Program at Hearing (June 2012)
• TCA Article: The Winner’s Circle: Treasury Announces 2011 New Markets Tax Credit Allocation Awards (April 2012)

Year 7 Insights: NMTC Exit Strategies

PowerPoint Presentations:

• The NMTC Exit (Miriam Vock Sheehan)

Competitive Advantage: Positioning Your Application & Quantifying Community Impact

NH&RA Resources:

• HOL Story: CDFI Fund Opens 2012 NMTC Allocation Round (July 2012)
• TCA Article: The Winner’s Circle: Treasury Announces 2011 New Markets Tax Credit Allocation Awards (April 2012)

2012 NMTC Funding Round:

• Community Development Financial Institute Fund 2012 New Markets Tax Credit NOAA

PowerPoint Presentations:

• Summary of Changes to NMTC Application (Diane Binnick, the Binnick Group; Ira Weinstein, Reznick Group; Terri Preston, Baker Tilly Virchow Krause)

Case-Study: Union Crossing, Lawrence Massachusetts

PowerPoint Presentations:

• Union Crossing Project Overview (Dan Rosen, Klein Hornig)

Case-Study: YMCA of Eastern Union County, Elizabeth, NJ

PowerPoint Presentations:

• YMCA EUC Project Overview (Mary Thompson, Bank of America Merrill Lynch)

Developers Roundtable: Trends, Challenges & Opportunities

NH&RA Resources:

• TCA Article: A Sizzling Market, Brokered Sales of LIHTC Properties Are Robust (July 2012)
• TCA Article: IRS Issues Final Regulations for Qualified Contracts (June 2012)

Current Developments: FHA LIHTC Pilot Program

Panel Handouts (HUD FHA Resources):

• FHA Housing Tax Credit Pilot Program Frequently Asked Questions (July 2012)
• Rider to Security Instruments, LIHTC Properties (May 2012)
• FHA LIHTC Pilot Program Application Processing Guide (May 2012)
• FHA Pilot Program Notice (Mortgagee Letter 2012-1) (February 2012)

NH&RA Resources:

• TCA Article: FHA Commissioner Delivers Encouraging Report on Multifamily Programs (May 2012)
• TCA Article: Prime Time: Low Rates, Variety of Debt Products Are Available to Affordable Housing Developers and Owners (April 2012)
• HOL Story: Eleven NH&RA Member Firms Selected to Participate in FHA LIHTC Pilot (April 2012)
• HOL Story: FHA Launches LIHTC Pilot Program (February 2012)

PowerPoint Presentations:

• Coming Soon.

Managing High Costs in Affordable Housing

General Resources:

• Novogradac Journal of Tax Credits Article: Historic Mill Spurs Post-Recession Renaissance (March 2012, Volume III, Issue III)

PowerPoint Presentations:

• VHDA Cost Limit Study: Preliminary Results (Charlie Rhuda, Novogradac & Co.)

Tax Credit Equity Update & Roundtable

NH&RA Resources:

• TCA Article: A Sizzling Market, Brokered Sales of LIHTC Properties Are Robust (July 2012)
• TCA Article: The Elusive Stabilization: LIHTC Fund Yields May Have Bottomed, but Boosting Them Is Tough to Do (May 2012)

Year 15 Options & Opportunities

NH&RA Resources:

• TCA Article: Preparing for a Post-Year 15 LIHTC Property Re-Syndication (June 2012)
• TCA Article: IRS Issues Final Regulations for Qualified Contracts (June 2012)

Structuring Tax-Exempt Bond Transactions: Navigating Deal Economics, Investors, and Tax Issues

NH&RA Resources:

• TCA Article: The Comeback Kid: Multifamily Bond Deals Appear to Be on Upswing (March 2012)

PowerPoint Presentations:

• Tax Exempt Bonds Structuring Issues (John Mackey, Reznick Group and Jerry Breed, Bryan Cave LLP)

Massachusetts Housing Agency Update

NH&RA Resources:

• TCA Article: IRS Issues Final Regulations for Qualified Contracts (June 2012)

Massachusetts Allocator Agencies Websites:

• MA Department of Housing and Community Development
• MassHousinge
• MassDevelopment
• Massachusetts Housing Partnership

PowerPoint Presentations:

• MassDevelopment Overview (Anthony Fracasso, MassDevelopment)
• Massachusetts Housing Partnership Overview (Dick Mason, Massachusetts Housing Partnership)

Structuring the Deal: Condo Structures in Tax Credit Transactions

PowerPoint Presentations:

• Structuring Condo Deals (Nick Ratti, Reznick Group)

HUD Preservation Roundtable

NH&RA Resources:

• TCA Article: Diamonds in the Rough, The Best of Times and Worst of Times for Preservation Deals (June 2012)
• TCA Article: FHA Commissioner Delivers Encouraging Report on Multifamily Programs (May 2012)
• TCA Article: NH&RA, Other Organizations Creates Series of Case Studies in Support of RAD Demonstration Program (January 2012)

Changes to Section 8 Renewal Guide:

• Chapter 15 of the Section 8 Renewal Guide Memo from Carol Galante

Three Year Rule for 223(f) Program:

• HUD Mortgagee Letter 2012-13 (July 2012)
• HOL Story: HUD Extends Three-Year Rule for Section 223(f) Program (July 2012)

Section 202 Disposition Changes:

• Section 202 Disposition Changes for Nonprofit Owners
• HOL Story: HUD Provides Guidance on Nonprofit Use of Multifamily Project Sale Proceeds (November 2011)

Outside the Box: Project-Based Voucher Opportunities

NH&RA Resources:

• TCA Article: Diamonds in the Rough, The Best of Times and Worst of Times for Preservation Deals (June 2012)
• TCA Article: NH&RA, Other Organizations Creates Series of Case Studies in Support of RAD Demonstration Program (January 2012)