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Novogradac 2016
New MarketsTax Credit Conference
Oct. 20-21Marriott New OrleansNew Orleans
Prepare for the largest allocationin the history of the NMTC program.Master innovative strategies, learn fromtop CDEs and mingle with the industry’s best.
of attendees surveyed said they either strengthened existing business relationships or generated new business94%*
of attendees would recommendthis conference to a colleague89%*
of attendees surveyed said the event met or exceeded their
learning objectives
93%*
* Survey results from the 2015 Novogradac New Markets Tax Credit Conference
Thank You to Our Co-Host and SponsorsCO-HOSTS
SPONSORS
NMTC 101: The BasicsWEDNESDAY, OCT. 19, 9 A.M.–4:15 P.M. (SEPARATE REGISTRATION REQUIRED)
9-9:30 A.M. Panel/Material Introduction, Including Audience Expectations
9:30-10 A.M. Program and Background
10-10:40 A.M. The Players and the Process
10:40-11 A.M. Breakout Session
11-11:45 A.M. Introduction to CDEs
11:45 A.M.-NOON Substantially All and QEIs
NOON-1 P.M. Lunch
1-1:30 P.M. Qualified Low-Income Community Investments
1:30-2:40 P.M. Qualified Active Low-Income Community Businesses
2:40-3 P.M. Breakout Session
3-3:15 P.M. Low-Income Communities
3:15-3:30 P.M. Introduction to Recapture
3:30-4 P.M. The Leveraged Transaction
4-4:15 P.M. Breakout Session
Advanced NMTC ConceptsWEDNESDAY, OCT. 19, 9 A.M.-5 P.M. (SEPARATE REGISTRATION REQUIRED)
8-9 A.M. Registration and Continental Breakfast9-9:30 A.M. Overview of What Structures Are Out There9:30-9:45 A.M. Why It Matters Where Fees and Expenses Are Paid9:45-10 A.M. Calculating the Net Benefit10-10:45 A.M. QALICBs: Real Estate vs. Operating Business10:45-11 A.M. Break11-11:30 A.M. How to Prove True Debt11:30 A.M.-NOON Managing Exit StrategiesNOON-1 P.M. Lunch1-2:15 P.M. Managing Exit Strategies (continued)2:15-2:45 P.M. Overview of Original Issue Discount (OID)2:45-3 P.M. Break3-3:30 P.M. Twinning with State Deals3:30-4 P.M. QALICB Portion of a Business–How Do I Qualify?
4-4:30 P.M. Strategies to Overcome Common Problems with QALICB Status
4:30-5 P.M. Q&A
Conference AgendaTHURSDAY, OCT. 20, 2016
8–9 A.M. Registration and Breakfast
9–9:40 A.M. Welcome and Opening Address
BRAD ELPHICK Novogradac & Company LLP
KEYNOTE ADDRESS:U.S. REP. CHARLES BOUSTANY (R - La.)
9:40–10:30 A.M. The Washington ReportHear a discussion on proposed tax reform, how the presidential election could impact the NMTC program and recent legislation being considered or proposed by Congress.
MICHAEL NOVOGRADAC Novogradac & Company LLP
JEFFREY MCMILLEN Akin Gump Strauss Hauer & Feld LLP
BOB RAPOZA Rapoza Associates
10:30–10:45 A.M. Break
10:45–NOON What's on the Horizon for the NMTC Program and CDFI FundJoin community development veterans as they discuss the current investment landscape with the end of 2016 approaching and the advent of a $7 billion allocation round. Also, hear updates from Bob Ibanez the CDFI Fund’s program manager, relative to the combined 2015-16 round, the 2017 allocation application and the ongoing compliance research project.
BRAD ELPHICK Novogradac & Company LLP
BOB IBANEZ CDFI Fund
SPENCER GAGNET Capital One
MARIA BUSTRIA GLICKMAN US Bank
EN JUNG KIM Chase
MARY THOMPSON Bank of America Merrill Lynch
SCOTT PINOVER Wells Fargo
Conference AgendaTHURSDAY, OCT. 20, 2016
NOON–1:30 P.M. Novogradac Journal of Tax Credits Community Development QLICIs of the Year Awards Luncheon
1:30–2:30 P.M. NMTC Working Group Presents Interpreting and Complying with the New NOAA Language and FAQ GuidanceNMTC Working Group members will help you to better understand the new NOAA language and FAQ guidance by providing examples of various issues that may arise in applying the guidance to possible NMTC transactions. The new guidance, which provides new restrictions on the use of QLICI proceeds, will apply to all QLICI investments made from the 2015-16 allocation round and is likely to apply in future rounds, so compliance will be an important topic for new transactions.
NICOLO PINOLI Novogradac & Company LLP
KRISTIN DEKUIPER Holland & Knight
NEIL FADEN Manatt, Phelps & Phillips, LLP
ELIZABETH FELDMEIR Husch Blackwell
SCOTT LINDQUIST Dentons
RUTH SPARROW Future Unlimited Law PC
2:30–2:45 P.M. Break
CONCURRENT SESSION 12:45–3:45 P.M. The USDA and NMTCsLearn about new federal guidance that allows for a USDA loan guaranty to be used with loans in the NMTC leverage structure. With few non-sponsor sources of capital widely available, NMTC practitioners will discuss ways that they have used resources from USDA as well as the impact the new guidance will have on future transactions.
MATT MEEKER Novogradac & Company LLP
JOHN BROUSSARD U.S. Department of Agriculture
JIM HOWARD Dudley Ventures
ROBERT LABES Squire Patton Boggs
3:45–4 P.M. Break
Conference AgendaTHURSDAY, OCT. 20, 2016
CONCURRENT SESSION 1 (Cont.)4–5 P.M.
NMTCs and HTCs: Structuring IssuesLearn about the impact that the latest Section 50(d) guidance will have on deals involving twinning the NMTC and the HTC, including pricing and the net results to developers and investors. Experts will also discuss other structuring issues that face transactions that involve both credits.
JOHN SCIARRETTI Novogradac & Company LLP
DAVID BRENNER Husch Blackwell
JOHN DALTON Bryan Cave
DAVID LUTZ Stinson Leonard Street LLP
MERRILL HOOPENGARDNER National Trust Community Investment Corporation
CONCURRENT SESSION 22:45–3:45 P.M. QALICB Boot Camp Find out what a QALICB needs to know going into a transaction. QALICBs and their consultants will offer their perspective on how to assemble the appropriate players, mechanics of the transaction, common missteps and how to maximize NMTC investment value. This panel is a prerequisite for any project sponsor.
TOM FANTIN Novogradac & Company LLP
THANE HODSON Butler Snow LLP
JONATHAN KATZ Jones Walker LLP
DEBBIE KLEBAN Applegate & Thorne-Thomsen
MICHAEL SANDERS Blank Rome LLP
DONNA SMITH Smith NMTC Associates
3:45–4 P.M. Break
Conference AgendaTHURSDAY, OCT. 20, 2016
4–5 P.M. CDE Boot CampExperienced CDEs share their secrets to success in a program that has generally made it difficult to make long-term plans. Learn best practices for winning NMTC allocation, discover how CDEs manage the tension between achieving high levels of community impact and investing responsibly, and hear what to expect when exiting transactions.
RYAN RIEGER Novogradac & Company LLP
TABITHA ATKINS Cross Street Partners
LAURA BARON Strategic Development Solutions
DREW MARLAR Kutak Rock LLP
TONY SMITH SB Friedman Development Advisors
5–7 P.M. Reception
FRIDAY, OCT. 21, 2016
8–9 A.M. Breakfast
9–9:50 A.M. Investing in Underserved AreasFor several rounds, the CDFI Fund has rewarded applicants that are willing to invest in areas that have been underserved by the NMTC program. In addition to underserved states, areas such as Puerto Rico, Guam and other territories also present their own challenges for CDEs and investors. Learn ways that CDEs and investors have successfully invested in these areas by diving into specific transactions.
OWEN GRAY Novogradac & Company LLP
GINA NISBETH Citi Community Capital
BRYNN SANDERS Advantage Capital Partners
CRAIG STANLEY CBO Financial
KERWIN TESDELL Community Development Venture Capital Alliance
Conference AgendaFRIDAY, OCT. 21, 2016
9:50–10 A.M. Break
10–10:50 A.M.
Case Study: NonprofitsProviding NMTC financing to nonprofits can present its own unique challenges. Panelists will review recent transactions to highlight the issues that had to be addressed due to the involvement of nonprofit entities. Learn about the typical concerns expressed by boards of nonprofits, how fundraising campaigns can be brought in as a leverage source and what issues arise at the unwind.
MICHAEL KRESSIG Novogradac & Company LLP
BRAD CALLOWAY First NBC Bank
GARY ELKINS Elkins PLC
CHIMEKA GLADNEY Enterprise Community Investment, Inc.
DARRYL JACOBS Ginsberg Jacobs LLC
JULIE TREPPA Coblentz Patch Duffy & Bass LLP
10:50–11 A.M. Break
11–11:50 A.M.
Case Study: Manufacturing BusinessesLearn the nuances of using the NMTC for manufacturing businesses as panelists go in depth on a recent deal.
GREG CLEMENTS Novogradac & Company LLP
KERMIT BILLUPS Greenline Ventures
JONATHAN GOLDSTEIN Advantage Capital Partners
STEVE MACDONALD Strategic Development Solutions
11:50 A.M. Closing
Registration Cancellation PolicyAll cancellations must be made in writing and must be received no later than ten (10) days before an event. A $100 administrative fee will be deducted from all refunds. We regret that we cannot refund cancellations made within 10 days of the conference or to registrants who do not attend the conference. Confirmed registrants who fail to attend and do not cancel will be charged the entire registration fee.
AccreditationNovogradac & Company LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417. Website: www.nasba.org.
Questions? Contact the Events Desk: 415.356.7970 [email protected]
Register at novoco.com/nolanmtc2016Early Bird rate ends Sep. 26
CONFERENCE RATES
Early Bird After Early Bird On-Site Online Registration
Corporate $675 $775 $800REGISTER NOW
Nonprofit $575 $675 $700WORKSHOP RATES
With Conf. Reg. Workshop Only Online Registration
NMTC 101 $325 $425 REGISTER NOW
NMTC 201 $325 $425 REGISTER NOW
Advanced NMTC Con. $325 $425 REGISTER NOW
Registration Information
Hotel InformationTo make a reservation please call 800.654.3990 and identify yourself as an attendee of the Novogradac New Markets Tax Credit Conference to secure the discounted rate. A limited block of rooms will be held until September 26, 2016. Reservations made after September 26, 2016 will be accepted on a space-available basis only and cannot be guaranteed at the discount rate.
New Orleans Marriott555 Canal StreetNew Orleans, LA 70130Telephone: 800.654.3990Cutoff Date: September 26, 2016Hotel Rate: $232/night, plus tax
SPECIAL ASSISTANCEOur conference facilities are in compliance with the Americans with Disabilities Act (ADA). Please contact Alex Bernard at 415.356.7627 or [email protected] if you require assistance.
HOTEL REGISTRATION
Sponsorship Information
SPONSORSHIP LEVELSSponsoring a Novogradac conference is a cost-effective and targeted method to reach the NMTC community. Our sponsorships offer a prime opportunity to establish your company as a leader in the industry, while creating pre- and post-event exposure.
Increase the visibility of your companyJOIN THE PREMIERE EXHIBITION SPACE FOR NMTC SERVICES AND PRODUCTS
MADE-TO-ORDER (M-T-O) PROMOTIONAL PRODUCTSPromote your brand among conference attendees with M-T-O products. Visit our sponsorship page for complete details. *Sponsorship subject to availability
Reception: $9,000Receive prominent recognition on signage and place your logo on cocktail napkins and/or coasters.
Wi-Fi: $8,500Help attendees connect by providing Wi-Fi access and printing.
Luncheon: $7,000Highlight your company at the networking luncheon with your logo on the tabletop tent card.
Hotel Keycard: $6,500Display your company logo on hotel keycards distributed to attendees.
Breakfast: $6,000Start attendees off on a productive note with your logo on paper cups, cup sleeves or napkins.
Conference Manual & App: $6,000Place your logo on the front cover of our conference manual, and an ad in our conference app.
Conference Notepad: $5,500
Put your logo on the conference notepad received by all attendees.
Charging Station: $5,500Energize our attendees by sponsoring the charging station.
Conference Co-Host $10,000
Sponsor $5,500-$9,000
Select Sponsor $5,500
Supporting Sponsor $3,500
Exhibitor Space $2,500
Sponsorships may include free or discounted registrations.
Contact Carol Hough at [email protected]
or 415.356.8040
