Miami Conference Brings Together Active Affordable Housing Developers, Lenders and Investors

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Novogradac & Company LLP to honor winners with its JTC Developments of Distinction Awards at its 18th Annual Tax Credit Developers Conference.

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Any meeting of the minds is valuable for practitioners wanting to move forward in the LIHTC industry. The timing of this conference makes it especially so.

Novogradac & Company LLP, a national certified public accounting and consulting firm, will bring together on January 12-13, 2012 those low-income housing tax credit (LIHTC) practitioners who are actively investing, lending and developing housing under the multifamily rental program. The 18th Annual Tax Credit Developers Conference, to be held in Miami, Fla. at the Ritz-Carlton South Beach will address current issues affecting LIHTC industry participants, identify ways to handle challenges stemming from the uncertain economy and connect professionals working toward the continued development of affordable housing.

“Any meeting of the minds is valuable for practitioners wanting to move forward in the LIHTC industry. The timing of this conference makes it especially so,” says Susan Wilson, conference chairwoman and partner in Novogradac & Company’s Austin, Texas office. “This gathering, held within the first few weeks of the New Year, provides practitioners with the opportunity to assess the past year in order to position projects for 2012 and beyond.”

Attendees will also be among the first to recognize the accomplishments of those whose developments will be honored with the third annual Novogradac Journal of Tax Credits Developments of Distinction awards. The awards, presented at a breakfast banquet on Friday, January 13, will recognize excellence and honor outstanding achievement in the development of projects using the low-income housing tax credit (LIHTC), historic tax credit (HTC), renewable energy tax credit (RETC) and/or tax credit projects using U.S. Department of Housing and Urban Development (HUD) financing.

Looking through the developer’s lens, panelists, chosen for their industry experience and expertise, will examine risk assessment and the debt market, putting compliance issues, construction loans, underwriting criteria and other subsidies under the microscope. Other panel discussions, centered on the emerging issues and trends having a major impact on the LIHTC program and its practitioners, include: current legislative matters and proposed regulatory changes; major players in the equity market and their appetite for LIHTCs, considerations for working with HUD; and Year 15 issues that include everything from buying out the limited partnership to re-syndication. Closing out Thursday’s educational sessions will be a beachside networking reception.

Attendees are invited to arrive a day early to participate in the pre-conference workshop: LIHTC 101: The Basics, held from 9 a.m. to 4 p.m., or HUD 101: The Basics from 1 p.m. to 5 p.m. Separate registration is required and additional fees apply.

For more information on these workshops and for conference details and the complete agenda, please go to http://www.novoco.com/events/lihtc/miami/index.php.

The 18th Annual Tax Credit Developers Conference is co-hosted by SNR Denton. Sponsors include National Trust Community Investment Corporation, Pepper Hamilton LLP and Prudential Mortgage Capital Company.

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 18th Annual Tax Credit Developers Conference, contact Jane Bowar Zastrow at 415.356.8034, or email jane.zastrow(at)novoco(dot)com.

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