Housing Professionals Zero in on Behind-the-Scenes Financial Strategies That Will Move Affordable Housing Projects Ahead in 2012

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Novogradac & Company LLP to Host Tax Credit Housing Finance Conference December 1 - 2, 2011 in Las Vegas, Nevada

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www.novoco.com

Anyone in the field of affordable housing knows how important it is to reflect on our industry practices as a group so that we can continue to identify ways to deal with new challenges, build on our existing knowledge and skills, and develop new expertise

Affordable housing leaders will gather at the Four Seasons Hotel in Las Vegas, December 1 and 2 to examine the critical and creative financial solutions that lead to successful projects and learn how the low-income housing tax credit (LIHTC) is a crucial part of the equation. Developers, lenders, sponsors, accountants, attorneys, agency officials and other interested parties are drawn annually to Novogradac & Company LLP’s Tax Credit Housing Finance Conference where housing professionals discuss industry and market changes, strategies, public policy and the very latest in LIHTC development financing.

“Anyone in the field of affordable housing knows how important it is to reflect on our industry practices as a group so that we can continue to identify ways to deal with new challenges, build on our existing knowledge and skills, and develop new expertise, especially as it relates to financial matters,” says Mike Morrison, conference chair and partner in the San Francisco office of Novogradac & Company LLP. “Each year affordable housing practitioners face greater challenges, and as transactions become more sophisticated, engineering a project that pencils out is increasingly complex. This event enables practitioners to share their ideas while exploring the types of innovative financing that will lead to the development of more affordable housing.”

The information presented at the conference, from the practical to the theoretical, is applicable to beginners and experts alike. Panelists, industry veterans chosen for the expertise, will focus on passed and pending legislation, underwriting standards in today's debt and equity markets and other hot topics such as acquisition/rehab, limited partner issues in Year 15, and blending HUD subsidies into a project’s financing.

The conference will also feature a pair of concurrent pre-conference workshops, LIHTC 101: The Basics and LIHTC 301: A Course for the Experienced Professional, on Wednesday, November 30, 2011. Separate registration is required and additional fees apply.

An LIHTC Property Compliance Workshop will be held in conjunction with the conference. The two-day workshop December 1 and 2 will inform and refresh those property managers who want to learn and understand low-income housing tax credit compliance issues and concerns.

The Tax Credit Housing Finance Conference is co-hosted SNR Denton. Sponsors include Boston Financial Investment Management, Enterprise, Hunt Capital Partners LLC, IFG Capital Tax Credit Solutions, Polsinelli Shughart PC, Prudential Mortgage Capital Company, RBC Capital Markets, Red Stone Equity Partners LLC, Stratford Capital Group, and The Richman Group Inc. The Novogradac Journal of Tax Credits is a media sponsor.

Conference details and the complete conference agenda can be found at http://www.novoco.com/events/lihtc/las_vegas/index.php#home.php.

Novogradac & Company LLP, a national certified public accounting and consulting firm headquartered in San Francisco, Calif., is consistently named by Accounting Today and Inside Public Accounting as one of the top 100 accounting firms in the country. Inside Public Accounting also named the firm as one of the 25 best managed accounting firms in 2010 and the San Francisco Business Times has recognized it as one of only five companies that for five consecutive years has made its list of the Fastest Growing Companies in the Bay Area.

Novogradac & Company LLP has its headquarters in San Francisco, Calif., with offices in metro Atlanta, Ga., Washington, D.C., Detroit, Mich. and Kansas City, Mo., as well as in Austin, Texas; Boston, Mass.; Dover, Columbus and Cleveland, Ohio; Portland, Ore.; New York, N.Y.; and Long Beach, Calif. The firm maintains clients in a broad range of industries with major emphasis in the real estate sector, providing publicly and privately held national and multinational enterprises with a full spectrum of audit, tax, valuation, trust and litigation support, computer consulting and general consulting services.

For more information about Novogradac & Company LLP’s Tax Credit Housing Finance Conference, contact Jane Bowar Zastrow at 415.356.8034.

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