(PRWEB) September 02, 2014
Rep. Richard Neal, D-Mass., and Community Development Financial Institutions (CDFI) Fund Program Manager Robert Ibanez are expected to address more than 600 community development professionals at the Novogradac New Markets Tax Credit Conference in New Orleans, La., Oct. 23 and 24. The conference will give new markets tax credit (NMTC) participants an opportunity to learn about and discuss critical issues facing the industry.
“Time and again, the new markets tax credit has proven to be a game-changer in bringing investments and jobs to economically underserved communities,” said Brad Elphick, CPA, conference chairman and partner in Novogradac & Company LLP’s Atlanta, Ga. metro office. “We aim to help preserve the effectiveness of this vital financing tool, in part, by offering this conference as a conduit for productive discussion and an opportunity for collaboration.”
The Novogradac New Markets Tax Credit Conference will feature panels of more than 40 community development entities (CDEs), investors, lenders, attorneys, accountants and other professionals who will examine a variety of industry topics, such as the state of the market, how to use state NMTCs, tips for a successful NMTC transaction unwind and how to monitor and measure community benefits. One of the breakout sessions will feature an interactive “Shark Tank” style panel in which deals will be presented to CDEs for consideration.
Attendees are encouraged to make business connections during the numerous networking breaks; and a cocktail reception to be held Thursday, Oct. 23 from 5 p.m. to 7 p.m. Additionally, two pre-conference workshops, NMTC 101: The Basics and Advanced NMTC Concepts, will be held Wednesday, Oct. 22. Pre-conference workshop registration is separate and optional. Additional fees apply.
The Novogradac New Markets Tax Credit Conference will be held at the Roosevelt Hotel in New Orleans and is co-hosted by Bank of America Merrill Lynch, Butler Snow, Capital One Commercial Banking, Chase, Dentons, Elkins PLC, Husch Blackwell, Nixon Peabody, PNC, Squire Patton Boggs and U.S. Bank. Sponsors are Applegate & Thorne-Thomsen, Blank Rome LLP, Bryan Cave, Crescent Growth Capital LLC, Dudley Ventures, Enterprise, First NBC, Fishman Haygood, Ginsberg Jacobs LLC, Greenline Ventures, Holland & Knight, Law Office of Mark D. Foster, Manatt, National Trust Community Investment Corporation, Pillsbury, Polsinelli, Smith NMTC Associates LLC, Stinson Leonard Street LLP, Strategic Development Solutions, United Fund Advisors and Wells Fargo.
Conference details and the complete conference agenda can be found at
Novogradac began operations in 1989, and the allied group of Novogradac companies has since grown to more than 500 employees and partners with offices in San Francisco and Long Beach, Calif.; the Washington, D.C., Atlanta, Ga., Detroit, Mich., Kansas City, Mo. and Seattle, Wash. metro areas; St. Louis, Mo., Boston, Mass.; Austin, Texas; Dover, Columbus and Cleveland, Ohio; New York, N.Y.; Portland, Ore.; Naples, Fla. and Chicago. Specialty practice areas include tax, audit and consulting services for tax-credit-assisted multifamily and affordable housing, community revitalization and rehabilitation of historic properties. Other areas of expertise include military base redevelopment, preparation and analysis of market studies and appraisals of multifamily housing investments and renewable energy tax credits.
For more information about the Novogradac New Markets Tax Credit Conference, please contact Orlene Carpio at (415) 356-8043 or by email at Orlene.Carpio(at)novoco(dot)com.