Concurrent Session 1
Partnerships-Dealing with Hot Button Issues
1:45-2:45 pm
Interaction and negotiations between developers and investors/syndicators can take various twists and turns. The developers and syndicators on this panel will discuss the hot button issues each party has and how they resolved their issues.
Speakers:
- Christina Apostolidis, Novogradac & Company LLP (moderator)
- Marlene Nations, Dentons
- Victor Sostar, First Sterling Financial Inc.
- Kelly Boyer, Citi Community Capital
- Juana Mejia, Catholic Housing Management of Miami
Article:
By Michael J. Novogradac, Novogradac & Company LLP
Originally Published in the November 2015 Journal of Tax Credits
Break
2:45-3:00 pm
Financing the Deal-Real Numbers
3:00-4:00 pm
Financing a LIHTC development requires skill, patience and well-informed choices. Industry experts on this panel will provide a real-world look at the financing for deals that are being closed, the terms that are being negotiated and the make-or-break details required by each party to a transaction.
Speakers:
- Dirk Wallace, Novogradac & Company LLP (moderator)
- Janice Hetland, Lathrop & Gage LLP
- Mark Eidson, Prudential Mortgage Capital Company
- Philip Melton, Bellwether Enterprise Real Estate Capital LLC
Break
4:00-4:10 pm
Developing an Effective Year 15 Strategy
4:10-5:00 pm
Year 15 planning for a low-income housing tax credit (LIHTC) partnership starts even before the development is placed in service. Our panelists discuss specific issues faced by syndicators, housing finance organizations and affordable housing organizations. Hear the best strategies organizations use to transfer ownership of LIHTC properties in regard to restructuring the ownership of the property, how to keep units affordable and best practices for investor compensation.
Speakers:
- Brad Elphick, Novogradac & Company LLP (moderator)
- Cliff McDaniel, ARA National Affordable Housing
- Stephen Roger, Affordable Housing Preservation Advisors LLC
- Barry Palmer, Coats Rose
Article:
By Christina Latief and Jim Kroger, Novogradac & Company LLP
Originally Published in the September 2015 Journal of Tax Credits