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Thank You to Our Co-Hosts and Sponsors

Sponsors

Co-Hosts

Join the premiere exhibition space for NMTC services and products Contact Carol Hough at [email protected] or 415.356.8040






THE NMTC INDUSTRY’S PRIMARY BUSINESS HUB REOPENS THIS FALL IN CHICAGO–and we’ve curated a new and improved educational and networking experience for every level of practitioner. Here’s an inside

look at what’s in store for the upcoming Novogradac New Markets Tax Credit Conference:

Learn how to implement current trends and innovations for the upcoming year. We revamped our agenda to feature more interactive sessions and case studies, as well as a boot camp panel for QALICBs. Find out what innovative techniques the industry’s leaders are using, cost-effective strategies to managing a NMTC investment and how to overcome pitfalls and challenges.

What’s next for the program? Sit down with Bob Ibanez, CDFI Fund program manager, and Brad Elpick, conference chairman and partner at Novogradac & Company LLP, followed by an update from Michael Novogradac and other experts on program permanency legislation moving through Congress.

Peer-to-peer networking. Face-to-face interaction is vital to driving activity in the NMTC industry. We expanded our networking format to facilitate more deal-making opportunities. Connect during our breaks, exhibit hall, luncheon, private meeting rooms and reception, as well as our new learning groups.

Interactive training workshops. Full-day workshops NMTC 101: The Basics and NMTC 201: Advanced NMTC Concepts are offered Tuesday, Oct. 20. The new interactive format of NMTC 101 debuted to rave reviews last June.






Agenda At-A-Glance (subject to change)

Wednesday, Oct. 218-9 a.m. Registration and Networking Breakfast 9-9:30 a.m. Welcome and CDFI Fund Q&A9:30-10:30 a.m. What’s Next for the NMTC Program10:30-10:45 a.m. Break10:45 a.m.-noon Marketplace Trends to Watch For in 2016Noon-1:30 p.m. Novogradac Journal of Tax Credits Community Development

QLICIs of the Year Awards Luncheon

Breakout I: Market Trends Track 1:30-2:30 p.m. QALICB Boot Camp2:30-2:45 p.m. Break2:45-3:45 p.m. NMTC Compliance Requirements and Common Issues3:45-4 p.m. Break4-5 p.m. Determining When a Project Needs NMTCs and How Much

Breakout II: Technical Track1:30-2:30 p.m. Exiting the Deal Part 1: Tips for a Successful Unwind 2:30-2:45 p.m. Break2:45-3:45 p.m. Exiting the Deal Part 2: Investor Exit Tax Considerations 3:45-4 p.m. Break4-5 p.m. Working Out of Troubled NMTC Transactions

5-6:30 p.m. Reception

Thursday, Oct. 228-9 a.m. Breakfast9-10:15 a.m. NMTCs with Historic Tax Credits10:15-10:30 a.m. Break10:30-11:30 a.m. Challenges of Using NMTCs for Operating Business Investments11:30 a.m. Closing






NMTC 101: The Basics (subject to change)$325 with conference registration, $395 workshop onlyCPE Credits: TBDThroughout the workshop there will be group breakout sessions where the panelists will compare the topics discussed to actual documents. Attendees are encouraged to bring their deals for discussion during the group sessions.

Tuesday, Oct. 20, 9 a.m.-4:15 p.m.9-9:30 a.m. Panel/Material Introduction,

Including Audience Expectations 9:30-10 a.m. Program and Background10-10:40 a.m. The Players and the Process 10:40-11 a.m. Breakout Session11-11:45 a.m. Introduction to CDEs 11:45 a.m.-Noon Substantially All & QEIs Noon-1 p.m. Lunch

1-1:30 p.m. Qualified Low-Income Community Investments

1:30-2:40 p.m. Qualified Active Low-Income Community Businesses

2:40-3 p.m. Breakout Session3-3:15 p.m. Low-Income Communities 3:15-3:30 p.m. Introduction to Recapture 3:30-4 p.m. The Leveraged Transaction 4-4:15 p.m. Breakout Session

NMTC 201: Advanced NMTC Concepts (subject to change)$325 with conference registration, $395 workshop onlyCPE Credits: TBD

Tuesday, Oct. 20, 9 a.m.-5 p.m.

8-9 a.m. Registration and Continental Breakfast

9-9:30 a.m. Overview of What Structures Are Out There

9:30-9:45 a.m. Why it Matters Where Fees and Expenses Are Paid

9:45-10 a.m. Calculating the Net Benefit10-10:45 a.m. QALICBs: Real Estate vs.

Operating Business10:45-11 a.m. Networking Break11-11:30 a.m. How to Prove True Debt11:30 a.m.-Noon Managing Exit StrategiesNoon-1 p.m. Lunch

1-2:15 p.m. Managing Exit Strategies (continued)

2:15-2:45 p.m. Overview of Original Issue Discount (OID)

2:45-3 p.m. Networking Break3-3:30 p.m. Twinning with State Deals3:30-4 p.m. QALICB Portion of a Business–

How Do I Qualify?4-4:30 p.m. Strategies to Overcome Common

Problems with QALICB Status4:30-5 p.m. Q&A






Conference Agenda (subject to change)

Wednesday, Oct. 218-9 a.m.Registration and Breakfast

9-9:30 a.m. Welcome and CDFI Fund Q&AJoin Bob Ibanez, CDFI Fund NMTC program manager, and Brad Elphick, conference chairman and partner at Novogradac & Company LLP, for a discussion on the latest updates from the CDFI Fund.

BRAD ELPHICK Novogradac & Company LLP

BOB IBANEZ Community Development Financial Institutions Fund

9:30-10:30 a.m.What’s Next for the NMTC ProgramJoin Michael Novogradac and other community development veterans for a discussion on current developments in Washington, D.C., key NMTC legislators in the 114th Congress and the status of the Senate Finance Committee tax extenders bill.

MICHAELNOVOGRADAC Novogradac & Company LLP

BOB RAPOZA Rapoza Associates

JEFF MCMILLEN Akin Gump Strauss Hauer & Feld LLP

10:30-10:45 a.m.Break

10:45 a.m.-NoonMarketplace Trends to Watch For in 2016As the NMTC program matures and demand remains strong, experienced participants continue to build their community investment track records. Hear the latest NMTC trends in the marketplace from experienced NMTC groups. Panelists will address credit pricing, availability of debt for NMTC investments, multiple-CDE transactions and state tax credits.

JOHN SCIARRETTI Novogradac & Company LLP

SCOTT PINOVER Wells Fargo

MARY THOMPSON Bank of America

JOHN CHAMBERLAIN Capital One

EN JUNG KIM Chase

Noon-1:30 p.m.Novogradac Journal of Tax Credits Community Development QLICIs of the Year Awards Luncheon







Wednesday, Oct. 21CONCURRENT SESSION 11:45-2:45 p.m.QALICB Boot CampFind out what a QALICB needs to know going into a transaction. QALICBs and their consultants will offer their perspective on how to assemble the appropriate players, mechanics of the transaction, common missteps and how to maximize NMTC investment value.

FRANK BUSS Novogradac & Company LLP

DEBRA KLEBAN Applegate Thorne-Thomsen

JASON MAUS Stinson Leonard Street

ERIK RICKARD Barnes & Thornburg LLP

BRUCE BONJOUR Perkins Coie

TUCKER BARTLETT Self-Help Credit Union

TONY SMITH S.B. Friedman & Company

2:45-3 p.m.Break

3-3:50 p.m.NMTC Compliance Requirements and Common IssuesBring general compliance questions for our

professionals and listen in as they uncover the most common issues, including proper allocation tracking, monitoring the allocation agreement, and reporting and financial statements.

TOM FANTIN Novogradac & Company LLP

JENNIFER SIMMONS Thompson Coburn

SHELLEY WHITTINGTON Stonehenge Capital Company, LLC

JOHN DALTON Bryan Cave

SETH BOSWORTH Capital One

3:50-4 p.m.Break

New! Attend a Learning Group Expand your conference experience by participating in structured peer dialogue. The groups will meet during breakfast and breaks to discuss panel takeaways. Attendees will have the opportunity to clear up any remaining questions from sessions with their peers. Take our survey if you plan to participate.




https://www.surveymonkey.com/s/8DLFB2B




Wednesday, Oct. 214-5 p.m.Determining When a Project Needs NMTCs and How MuchSponsored by the NMTC Working GroupThis panel will cover recommended practices to determine the amount of allocation to provide a QALICB. The group will walk through important aspects that should be included in a CDE’s financial feasibility analysis to determine the amount and terms of NMTC subsidy, if any, that a QALICB needs to achieve its projected outcomes.

REBECCA DARLING Novogradac & Company LLP

KERMIT BILLUPS Greenline Ventures

ELAINE DIPIETRO Enterprise

NEIL FADEN Manatt Phelps & Phillips LLP

ROBERT LABES Squire Patton Boggs

CONCURRENT SESSION 21:45-2:45 p.m.Exiting the Deal Part 1: Tips for a Successful UnwindWhen a QALICB and CDE unwind their NMTC transaction, the process is always time-consuming and complicated. Join this interactive session where audience members and panelists share their experiences on ways they’ve navigated the unwind process. Bring a successful unwind story worth sharing that involved jumpstarting the process, a clear exit strategy and secured financing. If you haven’t reached the unwind, let our experts be your guide.

NICOLO PINOLI Novogradac & Company LLP

ELIZABETH FELDMEIR Husch Blackwell LLP

MARK FOSTER Law Office of Mark D. Foster

MICHAEL SANDERS Blank Rome

2:45-3 p.m.Break







Wednesday, Oct. 213-3:50 p.m.Exiting the Deal Part 2: Investor Exit Tax Considerations All parties should be aware of tax consequences that can arise as they exit a transaction. Join an in-depth discussion on how to reflect the intentions of the transaction and what each party was expecting from their role in the investment.

NICOLO PINOLI Novogradac & Company LLP

RUTH SPARROW Future Unlimited Law PC

THANE HODSON Butler Snow LLP

3:50-4 p.m.Break

4-5 p.m.Working Out of Troubled NMTC TransactionsHear experts discuss ways to avoid trouble in paradise. Learn what triggers recapture, existing investor safeguards, what to do when a loan is in default and yield considerations beyond tax credits.

OWEN GRAY Novogradac & Company LLP

RYAN BRUNTON Husch Blackwell LLP

DARRYL JACOBS Ginsberg Jacobs

SCOTT LINDQUIST Dentons

5-6:30 p.m.Reception

Thursday, Oct. 228-9 a.m.Breakfast

9-9:50 a.m.NMTCs with Historic Tax CreditsGiven the fact that a large number of HTC-related projects are in NMTC-eligible low-income census tracts, it’s no surprise that combining the HTC and NMTC has led to a number of successful redevelopments. Our expert panelists highlight the effective use of these two tax credits, including available structures, interplay of different tax credit periods and other common issues.

MIKE KRESSIG Novogradac & Company LLP

GARY ELKINS Elkins PLC

STEVE KRAMER US Bank

JERRY SCHMAHL National Trust Community Investment Corporation

RYANNE SHUEY PNC Bank







Thursday, Oct. 229:50-10 a.m.Break

10-11 a.m.Challenges of Using NMTCs for Operating Business InvestmentsAs operating businesses continue to outpace real estate as likely beneficiaries of NMTC financing, hear from the experts regarding the specific challenges of these types of projects. Learn how others are making investments in operating businesses, the different ways NMTCs are used to help operating businesses thrive in low-income communities and how the outcomes that operating businesses experience are different.

ANNETTE STEVENSON Novogradac & Company LLP

CAROL MIHALIC Kutak Rock LLP

MERRILLHOOPENGARDNER Advantage Capital Partners

11-11:50 a.m.Valuing Operating BusinessesOur experts will address valuing operating businesses in the context of the NMTC landscape and how they compare and contrast to real estate valuation. Topics include the various stages of a company and their effect on value. The panel will also discuss the purpose and limitations of an appraisal and the various types of appraisals used in the NMTC industry for operating businesses.

BRAD WEINBERG Novogradac & Company LLP

NEIL FADEN Manatt Phelps & Phillips LLP

KIM SMITH Butler Snow LLP






Sponsorship Information

Sponsorship levelsSponsoring a Novogradac conference is a cost-effective and targeted method to reach the NMTC community. Our sponsorships offer a prime opportunity to establish your company as a leader in the industry, while creating pre- and post-event exposure.

Increase the visibility of your companyJoin the premiere exhibition space for NMTC services and products

Made-To-Order (M-T-O) Promotional ProductsPromote your brand among conference attendees with M-T-O products. Visit our sponsorship page for complete details. *Sponsorship subject to availability

Reception: $9,000Receive prominent recognition on signage and place your logo on cocktail napkins and/or coasters.

Wi-Fi: $8,500Help attendees connect by providing Wi-Fi access and printing.

Luncheon: $7,000Highlight your company at the networking luncheon with your logo on the tabletop tent card.

Hotel Keycard: $6,500 SOLD OUTDisplay your company logo on hotel keycards distributed to attendees.

Breakfast: $6,000Start attendees off on a productive note with your logo on paper cups, cup sleeves or napkins.

Conference Manual: $6,000Place your logo on the front cover of our conference manual.

Conference Notepad: $5,500 Put your logo on the conference notepad received by all attendees. Charging Station: $5,500Energize our attendees by sponsoring the charging station.

Postable Note: $4,000Place your logo on the conference postable notepad received by all attendees.

Conference Co-Host $10,000Sponsor $4,000-$9,000Select Sponsor $5,000Supporting Sponsor $3,500Exhibitor Space $2,000

Sponsorships may include free or discounted registrations.

Contact Carol Hough at [email protected] or 415.356.8040

SOLD OUT




http://www.novoco.com/sponsorships/index.php



AccreditationNovogradac & Company LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417. Website: www.nasba.org.

Workshop RatesWith

Conference Registration

Workshop Only

Online Registration

NMTC 101: The Basics $325 $395 REGISTER

NMTC 201: Advanced NMTC

Concepts$325 $395 REGISTER

Conference RatesEarly Bird

(ends Sept. 21)

After Early Bird

On-SiteOnline

Registration

Corporate $625 $725 $750REGISTER

NOWNonprofit $525 $625 $650

Questions? Contact the Events DeskTelephone: 415.356.7970 Email: [email protected]

Registration Cancellation PolicyAll cancellations must be made in writing and must be received no later than ten (10) days before an event. A $100 administrative fee will be deducted from all refunds. We regret that we cannot refund cancellations made within 10 days of the conference or to registrants who do not attend the conference. Confirmed registrants who fail to attend and do not cancel will be charged the entire registration fee.

Registration









Hotel InformationHyatt Regency Chicago

Room Rate Cutoff Date

$269/night, plus tax Sept. 21

Novogradac & Company LLP has secured a limited room block at Hyatt Regency Chicago. To make a reservation, call 312.565.1234 and identify yourself as an attendee of the Novogradac New Markets Tax Credit Conference to secure the discounted rate.

A limited block of rooms will be held until Sept. 21, 2015. Reservations made after Sept. 21, 2015 will be accepted on a space-available basis only and cannot be guaranteed at the discount rate.

Special AssistanceOur conference facilities are in compliance with the Americans with Disabilities Act (ADA). Please contact Alex Bernard at 415.356.7627 or [email protected] if you require assistance.




Documents

REGISTER NOW SEE WHAT’S HAPPENING · Company LLP KERMIT BILLUPS Greenline Ventures ELAINE DIPIETRO Enterprise NEIL FADEN Manatt Phelps & Phillips LLP ROBERT LABES Squire Patton