Chicago Seminar


2011 Affordable Housing Seminar - Chicago, IL

Reznick Group invites you to attend our 2011 Affordable Housing Seminar.

Date: September 22, 2011

Location:
The InterContinental
505 N. Michigan Ave
Chicago, IL 60611

Registration:
Contact Kathryn Falconi, Reznick Group

Additional Information:
Affordable Housing

Program Schedule

 

1:30 – 2:00pm    

Registration

2:00 – 2:15pm

Welcoming Remarks

2:15 – 3:00pm

Washington Update
A discussion on legislation and policies related to the low-income housing tax credit (LIHTC) program and implications for the nation's affordable housing portfolio.
Topics include: new initiatives on Capitol Hill; housing agencies update.

3:00 – 3:45pm

Year 15 Exit Strategies for LIHTC Transactions:
What common mistakes are developers making that are costing them time and money? How can they successfully dodge the "phantom income" bullet on the unpaid developer fee? If you're using a 223f loan, what are some proven strategies for limiting the Davis Bacon effect? Finally, the light at the end of the tunnel-what are your best exit strategies?

3:45 – 4:00pm

Break

4:00 – 4:45pm

Financing Opportunities: Exploring the benefits of combined tax credit deals
Drilling down on the HUD pilot program for financing LIHTC loans-what are the benefits and drawbacks? How to successfully combine new markets tax credits, the low income housing tax credits, historic rehabilitation credits and renewable energy tax credits. How and when do you use 45L credits on properties placed in service?

4:45– 5:30pm

Outlook: Equity Pricing
An in-depth analysis and discussion of current equity market opportunities in today's dynamic economic environment. What, if anything, can a developer do in structuring and presenting a deal that may bring a higher credit price? How do you make a rural deal work these days? How can a developer put more cash in his or her pocket using the multiple credit opportunities currently available?

5:30 – 6:30pm

Cocktail Reception

 

About Reznick Group
Reznick Group is a top 20 national public accounting firm providing accounting, tax and business advisory services to clients nationwide. The firm's industry experience includes affordable housing, financial services, renewable energy, healthcare, nonprofits, professional services, commercial real estate and technology.

Reznick Group's unparalleled affordable housing industry experience dates back more than 30 years. Today, we participate in industry coalitions and organizations devoted to tax credit and other programs that create successful affordable housing. We are also called upon for input into the review and development of numerous government affordable housing programs.

Clients benefit from Reznick Group's deep industry experience and services that help them complete affordable housing deals profitably and expediently. For more information: www.reznickgroup.com/affordablehousing