PowerPoints, Materials from Annual Meeting Now Available

New Markets Tax Credit Technical, Tax and Structuring Update

New Markets Tax Credit Reauthorization:

• TCA Article: Waiting and Wondering: New Markets Tax Credit Industry Participants Hope for Reauthorization of Program (December 2011)
• HOL Story: Senators Introduce NMTC Extension Amendment to Senate Bill

Industry Responses to CDFI Fund Call for Comments Re NMTC Program:

• NH&RA NMTC Steering Committee Comments on NMTC Program (February 2012)
• Novogradac NMTC Working Group Comments on NMTC Program (February 2012)

PowerPoint Presentations:

• Michael Sanders, Blank Rome, LLP PowerPoint
• Kristin DeKuiper, Holland & Knight PowerPoint
• Brad Elphick, Novogradac & Co., Alpharetta, GA
• Terri Preston, The Valued Advisor Fund, Chicago, IL

New Markets Tax Credit Workouts

No materials currently available.

New Markets Tax Credit Exit Strategies

NMTC Exit Strategy Resources:

• TCA Article: At the Finish Line: First Unwinds of Early New Markets Deals Yield Lessons (November 2011)

PowerPoint Presentations:

• John Mackey, Reznick Group, Boston, MA

NMTC Case-Studies Part 1: Solar Sink

Florida Community Loan Fund (FCLF) Materials:

• FCLF Annual Highlights
• NMTC Projects: Solar Sink Description

PowerPoint Presentations:

• Nelson Black, Florida Community Loan Fund, Orange Park, FL
• L’Quentus Thomas, Stonehenge Capital, Columbus, OH
• David Leon, Broad & Cassel, Orlando, FL

NMTC Case-Studies Part 2

PowerPoint Presentations:

• Laura Vowell, USBancorp CDC, Washington, DC

NMTC Case-Studies Part 3

PowerPoint Presentations:

• The Auburn – Detroit, MI, Mixed-Use Development Residential and Small Scale Retail

Developers Roundtable: Affordable Housing Innovations, Opportunities and Challenges for 2012

Developers Roundtable Resources:

• TCA Article: Off the Main Path, Developers Target Different Niches in Specialized Housing Projects (November 2011)

PowerPoint Presentations:

• Tom Capp, Gorman & Company, Oregon, WI
• Eddy Benoit, The Benoit Group, Atlanta, GA
• Francisco Rojo, Landmark Communities, North Bay Village, FL

The Washington Download Part 1: Congressional & Tax Policy Update

Low Income Housing Tax Credit Materials:

• HR 3661 Text
• HOL Story: LIHTC Legislation Introduced in House and Senate
• HOL Story: Policy Memo Summarizing Significant Tax Credit Policy Changes in 2011
• TCA Article: Oregon Court Enforces Former Tenant’s Right to Enforce LIHTC Extended Use Commitment (December 2011)
• TCA Article: Battle Cry: Speakers Warn of Very Serious Threat to LIHTC Program (February 2012)
• TCA Article: A Positive Picture: New Report Finds That Housing Tax Credit Properties Performed Well and Improved During 2008-2010 (October 2011)

Historic Rehabilitation Tax Credit Materials:

• Amicus Brief for Historic Boardwalk Hall Case
• HOL Story: Amicus Brief Filed in Historic Boardwalk Hall Case
• TCA Article: Making an Incentive Better: House Members Introduce Bill to Improve Rehabilitation Tax Credit (August 2011)
• HOL Story: Historic Tax Credit Legislation Introduced in U.S. Senate

New Markets Tax Credit Materials:

• HOL Story: Policy Memo Summarizing Significant Tax Credit Policy Changes in 2011

President Obama 2013 Budget Summary:

• HOL Story: President Obama Releases 2013 Budget Proposal
• HOL Story: A Quick Guide to the 2013 Budget
• HOL Story: Budget Preview: President Pushes to Fund Rental Housing Trust Fund

Other 2013 Budget Resources:

• Nixon Peabody: 2013 budget: good news for housing for now”¦
• NCSHA Analysis of the Administration’s Fiscal Year 2013 Budget Proposal
• Enterprise: Administration Fiscal Year 2013 Budget Proposal: Summary of HOusing and Community Development Funding Provisions

Rental Policy Working Group:

• TCA Article: Rental Policy Realignment Working Group Releases Proposals (September 2011)

NH&RA Advocacy Resources

Handicapping the Multifamily Market: An Economic Update

PowerPoint Presentations:

• Hessam Nadji, Marcus & Millichap, Seattle, WA

Securing Multifamily Debt in 2012

State of the Tax Credit Debt Market:

• TCA Article: Affordable Multifamily Debt in 2011 and the Outlook for 2012 (February 2012)

New Issue Bond Program Extension:

• Eichner & Norris PLLC Memo Regarding NIBP Extension (January 2012)
• NIBP Extension Term Sheet and Election Letter

Fannie/Freddie Adjustable Rate Mortgages:

• TCA Article: Product for the Times, Multifamily ARM Loans Increase in Popularity (January 2012)

PowerPoint Presentations:

• John Rucker, Merchant Capital & Wade Norris, Eichner Norris Presentation
• Tracy Peters, Red Capital Group, Columbus, OH
• Timothy Leonhard, Oak Grove Capital, Grapevine, TX

Tax Credit Equity Roundtable

State of the Tax Credit Equity Market:

• TCA Article: LIHTC [Equity] Market in 2012, A Rosy Path Ahead? (February 2012)

State Tax Credit Allocators Roundtable

Florida Housing Finance Corporation Materials:

• FHFC LIHTC Website
• HOL Story: Florida Introduces Bill That Would Double NMTCs

Maryland Department of Housing and Community Development Materials:

• MDHCD LIHTC Website
• HOL Story: Policy Memo Summarizes Significant Tax Credit Policy Changes in 2011; Federal and Maryland Specific
• HOL Story: Maryland Launches Affordable Rental Housing Program

Tennessee Housing Development Agency Materials:

• THDA LIHTC Website
• NH&RA’s Tennessee Developers Council

Georgia Department of Community Affairs Materials:

• DCA LIHTC Website

Wisconsin Housing & Economic Development Authority Materials:

• WHEDA LIHTC Website

Partnership and Property Negotiations

No materials currently available.

The Washington Download Part 2: HUD and Preservation Policy Update

Changes to Section 8 Renewal Guide:

• Chapter 15 of the Section 8 Renewal Guide Memo from Carol Galante

Residual Receipt Accounts Memo:

• November 2011 Residual Receipt Accounts Memo from Janet M. Golrick, Acting Deputy Assistant Secretary for Multifamily Housing Programs
• HOL Story: HUD Notifies Section 8 Contract Administrators to Deny Requests for Use of Residual Receipt Funds

Proposed HOME Regulation Changes:

• Proposed Changes to HOME Regulation
• HOL Story: HUD Issues Proposed Rule Change to HOME Program

Section 202 Disposition Changes:

• Section 202 Disposition Changes for Nonprofit Owners
• HOL Story: HUD Provides Guidance on Nonprofit Use of Multifamily Project Sale Proceeds

Veterans Assistance Supportive Housing (VASH) Program Changes:

• VASH Program Changes
• June 2010 Memo on Project-Basing VASH Vouchers
• September 2011 Memo on Project-Basing VASH Vouchers

Rental Assistance Demonstration (RAD):

• TCA Article: NH&RA, Other Organizations Creates Series of Case Studies in Support of RAD Demonstration Program (January 2012)

Cross-Subsidization & Mixed-Income Housing: Leveraging Market Rate Units to Subsidize Affordable Housing

PowerPoint Presentations:

• James Keefe, Trinity Financial, Boston, MA
• Patrick Sheridan, Volunteers of America, Alexandria, VA

Maximizing Revenues Through Revenue Services

Resources:

• Article: State Leadership in Encouraging Family Housing Enriched with Resident Services by James Tassos

PowerPoint Presentations:

• Doug Koch, RSM McGladrey, Inc., Boston, MA
• Geoffrey Green, Preservation Management, Inc. PowerPoint
• Kerri Toth, Royal American Companies PowerPoint
• JOT Couch, Inter-Faith GROUP, Houston, TX