NOVEMBER 12–14, 2018 // HYATT REGENCY | CHICAGO, IL
NEW GOALS, SOLUTIONS, & CONNECTIONS IN AFFORDABLE HOUSING
PR OG RAM G U I D E SPONSORED BY
CONFERENCE INFORMATION
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WELCOME TO AHF LIVE!
Welcome to the 2018 AHF Live: The Affordable Housing Developers Summit. Thank you for joining the more than 1,100 top developers, housing officials, finance leaders, and expert service providers from around the country at this year’s conference. It’s been another busy year filled with so many challenges and some new opportunities. The next three days will provide you with up-to-the-minute news and the latest strategies for developing and operating affordable housing. The conference officially kicks off at 2 p.m. Monday with the must-attend State of the Industry Power Panel. This executive-level discussion will provide candid insight on the industry’s hotbutton issues as well as offer an outlook for 2019. It also lays the groundwork for many of the sessions that will follow. On Tuesday, we’ll welcome our keynote speakers, including Sen. Todd Young (R-Ind.), who will discuss the latest housing legislation, which includes his bill to create a task force that will examine the affordable housing crisis and its impact. Eugene Jones Jr., CEO of the Chicago Housing Authority, will also offer a look at what his agency is doing and introduce a former resident who is an affordable housing success story. The rest of the day is filled with a diverse selection of important and timely sessions led by the industry’s most experienced and innovative developers and industry leaders. A highlight will be the Capitol Hill Update at 3:15 p.m., which will offer a first look at Congress following the mid-term elections. In addition to being a place to learn and to work on deals, I hope AHF Live is an opportunity to recharge your batteries. There will be new ideas and new solutions to inspire you. There will also be valuable time to reconnect with your colleagues as well as make new contacts. Be sure to take advantage of the many networking opportunities and tour the Exhibit Hall. I also encourage you to join your colleagues at the Affordable Housing Finance Awards Ceremony at 4:30 p.m. Tuesday when we induct four inspiring housing champions into the Hall of Fame, recognize six Young Leaders who are making significant contributions to affordable housing, and celebrate trailblazing developments built in the past two years. On Wednesday, we’ll have several more sessions aimed at helping you develop and operate affordable housing as well as strengthen your overall business in these changing times. Back by popular demand are Developers’ Best Practices and What’s Next at HUD along with a new session on The Next Generation: Shaping the Future of the Industry. To close the conference, a panel of top low-income housing tax credit investors and syndicators will provide you with the latest information to navigate the housing tax credit market. Don’t miss the Tax Credit Equity Outlook Power Panel. At all our sessions, we encourage audience participation, so if you have questions, ask the speakers and interact with your colleagues. We want you to get the most out of the conference. Also, be sure to fill out an evaluation form through the conference app and introduce yourself to the AHF team. We’d love to hear from you. Again, thank you again for joining us. Enjoy the conference. Donna Kimura Deputy Editor
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CONFERENCE INFORMATION
UNLOCKING THE POWER: NEW GOALS, SOLUTIONS, & CONNECTIONS IN AFFORDABLE HOUSING The industry is in the midst of major changes following new legislation, market disruptions, and a growing need for affordable housing. In these times, developers need to stay ahead of the curve with cutting-edge solutions. AHF Live: The 2018 Affordable Housing Developers Summit will be your insider’s guide to the latest news from Washington, D.C., financing strategies, innovative case studies, and networking opportunities to help you and your company thrive in these changing times and unlock the power of affordable housing. Attendance for AHF Live is reserved exclusively for those who are primarily owners and developers of affordable housing, plus state and local housing finance agency representatives and nonprofit organizations focused on the business of affordable housing.
DRESS CODE
WIFI INFO
Business casual attire is acceptable for all conference activities
Network: Hyatt Conference Wifi: AHF2018
REGISTRATION LOCATION & HOURS Conference Registration is located in the Grand Ballroom foyer on the ballroom level of the East Tower SPONSORED BY:
SPONSORED BY:
HOTEL INFORMATION Hyatt Regency Chicago 151 East Wacker Drive, Chicago, IL 60601
REGISTRATION HOURS
T: +1 312.565.1234 F: +1 312.239.4541
Monday, Nov. 12: 7:00 AM–7:00 PM Tuesday, Nov. 13: 7:45 AM–7:00 PM
chicagoregency.hyatt.com
CONFERENCE BADGE/LANYARD
BUSINESS CENTER Hours of Operation:
SPONSORED BY:
Monday–Friday: 6:00 AM–7:00 PM Saturday & Sunday: 7:00 AM–6:00 PM
HOTEL KEY CARD
T: 312.565.1234 x4410
SPONSORED BY:
CONFERENCE MAP
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CBRE AFFORDABLE HOUSING
WELCOME TO AHF LIVE!
INVESTMENT SALES | LENDING | INVESTMENT BANKING At CBRE Affordable Housing, we provide knowledge and advice that enhances decision making, and a team that provides transaction execution confidence. Insight from three vertically integrated service lines and a transaction track record from the most experienced team in the industry, allow us to leverage real-time buyer, seller, and capital intelligence to provide you with industryleading advice and results. How can we help transform your real estate into real advantage?
+1 206 826 5800 | cbre.us/affordablehousing
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EXHIBITORS AT–A–GLANCE
EXHIBITORS AT-A-GLANCE EXHIBIT HALL HOURS
EXHIBIT HALL FLOOR PLAN
MONDAY, NOV. 12 1:00–1:45 PM | Welcome Refreshments 3:30–4:00 PM | Coffee Break 5:30–7:00 PM | Welcome Reception
TUESDAY, NOV. 13 7:45–8:30 AM | Continental Breakfast 9:45–10:30 AM | Coffee Break 11:45 AM–1:15 PM | Lunch 2:30–3:15 PM | Coffee Break 5:30–7:00 PM | Awards Reception
EXHIBITORS Booth #
Company Name
Booth #
Company Name
Booth #
Company Name
100
Hunt Companies
212
Raymond James Tax Credit Funds, Inc
317
RealPage, Inc
101
Portfolio Resident Services
213
Applegate & Thorne-Thomsen, PC
320
JLL Capital Markets
105
Walker & Dunlop
214
Gill Group
321
Baker Tilly
107
Monarch Private Capital
215
Barings
400
KeyBank
109
National Equity Fund
216
BMO Harris Bank
405
Plante Moran
111
Tidwell Group
217
PGIM Real Estate Finance
406
TCAM
113
PNC Financial
220
Boston Financial Investment Management
407
Boston Capital
115
Alliant Capital, Ltd
221
Cogency Global Inc
408
CohnReznick LLP
117
Ion Energy Solutions
301
Hooker DeJong, Inc
409
Churchill Stateside Group, LLC
120
Rockport Mortgage
305
R4 Capital LLC
410
Red Stone Equity Partners
121
RDL Architects, Inc
306
MRI Software
411
United Risk Management, Inc.
200
Dauby O'Connor & Zaleski, LLC
307
Capital One Commercial Banking
412
Affordable Housing Group
201
Eide Bailly LLP
308
Affordable Housing Advisors
413
JP Morgan Chase Bank, NA
Red Capital Group
309
Red Stone
414
Highland Commercial Mortgage
205
Enterprise -Bellwether
310
AEI Consultants
415
Propp Christensen Caniglia LLP
206
SunTrust Community Capital
311
Coats Rose, PC
416
Dominion Due Diligence Group (D3G)
Kinetic Valuation Group
312
Rubin Brown, LLC
417
Aegon
313
Bright Power, Inc.
420
Yardi Systems
314
Cinnaire
421
National Development Council
McShane Construction Company
422
Merchants Capital
Love Funding
204
207 208
CREA LLC
209
Friedman LLP
210
WNC & Associates
315
211
Newmark Frank Knight
316
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SPONSORS AT-A-GLANCE
PLATINUM SPONSORS
GOLD SPONSORS
SILVER SPONSORS
LIHTC Advisors
BRONZE SPONSORS
ABLE HO U
NG
AFF
RD
SI
O
CORPORATE SPONSORS
IO
N
TAX
I
T
C
RE
DIT COAL
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SCHEDULE AT-A-GLANCE
MONDAY, NOV. 12
10:30–11:45 AM
8:00 AM–7:00 PM Registration
Weighing Your Debt Financing Options
8:30 AM–12:00 PM
PRE-CONFERENCE WORKSHOPS
Tax Credit and Tax– Exempt Bond Boot Camp Intro to Asset Management
Ending Homelessness and Serving Special- Needs Populations 11:45 AM–1:15 PM Lunch 1:15–2:30 PM
1:00–1:45 PM Welcome Refreshments
Inside Opportunity Zones
3:30–4:00 PM Coffee Break 4:00–5:30 PM
CONCURRENT SESSIONS
Creating a Successful Mixed-Income Development LIHTC Allocations: What’s Ahead in 2019 Acquisition Challenges and Opportunities 5:30–7:00 PM Welcome Reception
TUESDAY, NOV. 13 7:45 AM–7:00 PM Registration 8:00–8:30 AM Continental Breakfast 8:30–9:45 AM Opening Remarks & Keynote Presentation 9:45–10:30 AM Coffee Break
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Planning for Year 15 and Beyond
12:00–1:30 PM Women in Affordable Housing Luncheon and Networking
2:00–3:30 PM State of the Industry Power Panel
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CONCURRENT SESSIONS
CONCURRENT SESSIONS
Tapping into Bond Financing Breaking New Ground: Evolving Building Technologies 2:30–3:15 PM Coffee Break 3:15–4:15 PM Capitol Hill Update 4:30–5:30 PM affordable housing finance
Magazine Awards Ceremony 5:30–7:00 PM Awards Reception
WEDNESDAY, NOV. 14 8:00–8:45 AM Continential Breakfast 8:45–10:15 AM
CONCURRENT SESSIONS
The Next Generation: Shaping the Future of the Industry Developers’ Best Practices What’s Next at HUD 10:15–10:30 AM Coffee Break 10:30 AM–12:00 PM Tax Credit Equity Outlook Power Panel
STATE OF THE INDUSTRY POWER PANEL
Anthony Alfieri Managing Director, RBC Capital Markets
Michelle Norris Executive Vice President of External Affairs & Strategic Initiatives, National Church Residences
Richard Gerwitz Co-Head, Citi Community Capital
Bob Simpson Vice President, Affordable Mission Business, Multifamily
Audra Hamernik Executive Director, Illinois Housing Development Authority
Beth Stohr Director New Production– Affordable Housing Tax Credit Investments, US Bancorp Community Development Corp
Holly Holtzen
Monica Sussman Partner, Nixon Peabody
Acting Executive Director, Ohio Housing Finance Agency
David Leopold Vice President, Targeted Affordable Sales & Investments, Freddie Mac
Brian Swanton President and CEO, Gorman & Co.
Bob Moss Principal and National Director of Governmental Affairs, CohnReznick
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CONFERENCE PROGRAM
MONDAY, NOV. 12 8:00 AM–7:00 PM Registration Grand Foyer SPONSORED BY:
8:30 AM–12:00 PM
PRE-CONFERENCE WORKSHOPS
Tax Credit and Tax– Exempt Bond Boot Camp Columbus I-L Learn the basic operations of LIHTCs and tax-exempt bonds; this workshop is for beginners and those who need a refresher. This is a valuable training session for development staff as top industry veterans will guide you through the essentials, including how the tax credit program works; what housing is eligible; how to apply for tax credits; how to improve your chances of getting tax credits; the pros and cons of using bonds; what privateactivity bond cap is and how to get it; and how to structure your deals. Bring your questions, you’ll have plenty of time to ask them.
12:00–1:30 PM Women in Affordable Housing Luncheon and Networking Columbus C-F Join affordable housing finance magazine for our second annual Women in Affordable Housing Luncheon. This conference kickoff event will provide a casual networking opportunity for women just beginning their careers to seasoned professionals. Also, hear from top female executives, who will share their knowledge and experience to help promote leadership within the affordable housing industry. Space is limited for this session, so sign up early! To attend, be sure to select is as an option during the registration process. Moderator: Ali Solis, Make Room Speakers: Marcia Davies, Mortgage Bankers Association; Joan Hoover, Conifer Realty; Dionne Nelson, Laurel Street SPONSORED BY:
1:00–1:45 PM Welcome Refreshments Grand C-F
Moderator: Don Bernards, Baker Tilly
SPONSORED BY:
Speakers: David Dill, Stifel, Nicolaus & Co.; David Ginger, Wisconsin Housing and Economic Development Authority; Heather Olson, Walker & Dunlop; Claire Reinstein, National Affordable Housing Trust; Daniel Rosen, Klein Hornig
2:00–3:30 PM State of the Industry Power Panel
NEW! Intro to Asset Management Columbus A-B Asset management is critical to ensuring the health of your affordable housing properties. Learn the ins and outs of what asset management means for developers and owners, how it differs from asset management for an investor, and where to draw the line between property management and asset management. Hear from developers on how they are staffing and retaining staff for this hard-to-fill position. Plus, our expert panel of asset management professionals will share best practices for handling compliance issues, maximizing cash flow, and tackling troubled properties. Moderators: Jenny Netzer and Allen Feliz, TCAM Speakers: Tony DiBlasi, Ohio Capital Corporation for Housing; Fred Mitchell, The NHP Foundation; Charles A. Rhuda, Novogradac & Co.; Brendt D. Rusten, Dominium; Tim Veenstra, Illinois Housing Development Authority
Grand A-B Join leaders of the affordable housing industry for an executive-level discussion on the outlook for housing that will set the tone for the remainder of the conference. You’ll get the inside track on the ramifications of tax reform, what the future holds for the tax credit market, the struggle of rising construction costs and labor shortages, and other hot issues that affect your business. Moderator: Christine Serlin, affordable housing finance Panelists: Anthony Alfieri, RBC Capital Markets; Richard Gerwitz, Citi Community Capital; Audra Hamernik, Illinois Housing Development Authority; Holly Holtzen, Ohio Housing Finance Agency; David Leopold, Freddie Mac; Bob Moss, CohnReznick; Michelle Norris, National Church Residences; Bob Simpson, Fannie Mae; Beth Stohr, U.S. Bancorp Community Development Corp.; Monica Sussman, Nixon Peabody; Brian Swanton, Gorman & Co. SPONSORED BY:
3:30–4:00 PM Coffee Break Grand C-F SPONSORED BY:
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CONFERENCE PROGRAM
4:00–5:30 PM
CONCURRENT SESSIONS
NEW! Creating a Successful Mixed-Income Development
5:30–7:00 PM Welcome Reception Grand Foyer SPONSORED BY:
Columbus A-B What does it take to build a thriving mixed-income community? As more and more developments seek to serve a diverse range of residents, an expert panel will discuss the different ingredients needed from physical and financial design to property management and services.
TUESDAY, NOV. 13
Moderator: Diana McIver, DMA Development Co.
SPONSORED BY:
Speakers: Beverly Bates, The Community Builders; Drew Foster, Red Stone Equity Partners; Beth Mullen, CohnReznick; Greg Proctor, RealPage Compliance Services SPONSORED BY:
LIHTC Allocations: What’s Ahead in 2019
7:45 AM–7:00 PM Registration Grand Foyer
8:00–8:30 AM Continental Breakfast Grand C-F SPONSORED BY:
Columbus C-F Key housing tax credit agency personnel from around the nation will detail the latest changes in their qualified allocation plans and discuss the latest industry issues, including how they are addressing the new incomeaveraging option and rising development costs. They also will weigh in on some of the major sticking points developers have with their qualified allocation plans. Come away with insider knowledge on how to win the competition for 9 percent tax credits and how to avoid pitfalls. Moderator: Emily Cadik, Affordable Housing Tax Credit Coalition Speakers: Kelan Craig, Ohio Housing Finance Agency; Laurel Hart, Georgia Department of Community Affairs; Marni Holloway, Texas Department of Housing and Community Affairs; Christine Moran, Illinois Housing Development Authority; Elizabeth Strojan, New York City Housing Development Corp. and Department of Housing Preservation and Development; Lisa Vatske, Washington State Housing Finance Commission SPONSORED BY:
Acquisition Challenges and Opportunities Columbus I-L The industry has been seeing significant sales and acquisitions of affordable housing product, including portfolio transactions. Get first-hand buyers’ and sellers’ perspectives on their strategies and how the end results compared with their expectations. In addition, panelists will explore the latest acquisition strategies and rules of thumb being used by developers when acquiring properties, including how to price potential deals, negotiate terms, and plan rehab work.
8:30–9:45 AM Opening Remarks & Keynote Presentation Grand A-B In the keynote presentation, Sen. Todd Young (R-Ind.) will discuss why he is making the affordable housing issue a priority and how he and eight other bipartisan senators are working to better understand and respond to the nation’s affordable housing crisis. Also hear from Chicago Housing Authority CEO Eugene Jones Jr., who has been responsible for implementing the housing authority’s redevelopment program of public housing in the Windy City, and former public housing resident Michelle Murray, who will share her personal journey from assuming parenting responsibilities for her siblings at a young age and facing eviction to finding a job and then becoming co-owner of Tria Adelfi Property Management and Development Co. Keynote Speakers: Sen. Todd Young (R-Ind.) Eugene Jones Jr., CEO, Chicago Housing Authority Michelle Murray, co-owner, Tria Adelfi Property Management & Development Co.
9:45–10:30 AM Coffee Break Grand C-F SPONSORED BY:
Moderator: Jeff Weiss, Hunt Capital Partners Speakers: Jason Bordainick, Hudson Valley Property Group; Tim Flint, CBRE Affordable Housing; Anand Kannan, Community Preservation Partners; Troy Rambo, Wallick Communities SPONSORED BY:
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CONFERENCE PROGRAM
10:30–11:45 AM
CONCURRENT SESSIONS
Weighing Your Debt Financing Options Columbus A-B Learn how to plan the right financing strategy for your deal in this practical workshop-format session. Lenders and developers will review the forecasts for short- and long-term rates and talk about various methods for managing rate risk. Plus, with specific case studies, they’ll compare the pros and cons of various financing programs, including Fannie Mae, Freddie Mac, and FHA, for specific types of deals in different interest-rate scenarios. Moderator: Tom Anderson, Cohen-Esrey Development Group Speakers: Sarah Garland, CBRE Affordable Housing; Rob Hoskins, The NuRock Cos.; Andrew Hugger, Bank of America Merrill Lynch; Carolyn McMullen, Walker & Dunlop; Philip Melton, Bellwether Enterprise
NEW! Planning for Year 15 and Beyond Columbus C-F Have a low-income housing tax credit property nearing the end of its initial 15-year compliance period and not sure what to do next? Our expert panel of developers and finance providers will help you navigate your way through the process to stay ahead of Year 15 and recapitalization issues—from when to start planning and the ideal time to exit. Moderator: Dena Xifaras, Preservation of Affordable Housing Speakers: Jacques Logan, Affordable Housing Portfolio Consultants; Richelle “Shelly” Patton, Tapestry Development Group; Roslyn Poznansky, RBC Capital Markets - Tax Credit Equity Group; Ben Taylor, Dominium
NEW! Ending Homelessness and Serving Special- Needs Populations Columbus I-L As ending homelessness becomes a priority for communities across the nation, developers are stepping up with new, creative affordable housing developments to serve people who have been homeless or have special needs. Leading developers will share case studies and provide the latest strategies for meeting the needs of this vulnerable population. Moderator: Shannon Cox Baker, Urban Ventures Speakers: Debbie Burkart, National Equity Fund; David Cleghorn, HELP USA; Stacy Jurado-Miller, The Vecino Group; Lisa Rotvold, Beyond Shelter
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11:45 AM–1:15 PM Lunch Grand C-F SPONSORED BY:
1:15–2:30 PM
CONCURRENT SESSIONS
Tapping into Bond Financing Columbus A-B As interest rates rise, tax-exempt rates are rising more slowly than taxable rates. Existing and new products are adapting to this trend to improve executions and to meet emerging needs such as workforce/mixed-income housing and assisted living. Learn the latest from Fannie Mae and Freddie Mac and from bank and other private placement, FHA, and housing finance agency lenders as to how they are responding to these developments. Compare and contrast their current programs through case studies of what is working best today and the new products these players are developing to address an aging population and other markets of tomorrow. Moderator: Wade Norris, Norris George & Ostrow Speakers: Mike Hemmens, Citi Community Capital; Angela Kelcher, Fannie Mae; David Leopold, Freddie Mac; Mark Moorhouse, Dominium; Bradley Wirt, Piper Jaffray SPONSORED BY:
NEW! Inside Opportunity Zones Grand A-B Learn about the newest community development tool. Created under the Tax Cuts and Jobs Act of 2017, Opportunity Zones aim to bring private capital to struggling low-income communities. Experts will explain how OZs work and how they may help affordable housing developers finance their deals. Moderator: Lori Chatman, Enterprise Community Loan Fund Speakers: Laura Burns, The Eagle Point Cos.; John Gahan III, Sullivan & Worcester; Shekar Narasimhan, Beekman Advisors; Thurman “Tony” Smith, PNC Bank SPONSORED BY:
CONFERENCE PROGRAM
NEW! Breaking New Ground: Evolving Building Technologies Columbus I-L The rising labor shortage across the nation is hindering affordable housing production, with developers struggling to finish their projects on time and on budget. This is leading many developers to look beyond traditional stick-built construction to alternative techniques, such as modular and panelized construction. Developers will share case studies of their latest modular projects as well as the pros and cons regarding this emerging industry trend. Moderator: Caleb Roope, The Pacific Cos. Speakers: RC Alley III, Architects Orange; Jeff Heisler, The Community Builders; Michael Johnson, UrbanCore Development; Janet Pope, Compass Housing Alliance
2:30–3:15 PM Coffee Break Grand C-F SPONSORED BY:
3:15–4:15 PM Capitol Hill Update Grand A-B The past year has seen many changes for the affordable housing industry, including the Tax Cuts and Jobs Act of 2017 and its effects as well as the omnibus spending bill that resulted in the first expansion of the LIHTC program in over a decade. But advocates at the federal level are still working to shore up affordable housing production and pushing for a 50% increase in the LIHTC and the 4% floor. Our Capitol Hill insiders will delve into the latest on these efforts. They also will break down what the mid-term elections mean for the affordable housing industry. Moderator: David Gasson, Housing Advisory Group/Boston Capital Speakers: Peter Lawrence, Novogradac Consulting; Deborah VanAmerongen, Nixon Peabody; Stockton Williams, National Council of State Housing Agencies
4:30–5:30 PM affordable housing finance
Magazine
Awards Ceremony Grand A-B Celebrate the achievements of the affordable housing industry with the editors of affordable housing finance. The magazine will honor the winners of its Readers’ Choice Awards for the nation’s top developments of 2017 and 2018, induct industry trailblazers into its Affordable Housing Hall of Fame, and recognize its 2018 Young Leaders. Toast the award recipients at a reception following the ceremony in the Exhibit Hall. SPONSORED BY:
5:30–7:00 PM Awards Reception Grand C-F CO-SPONSORED BY:
WEDNESDAY, NOV. 14 8:00–8:45 AM Continential Breakfast Grand Foyer
8:45–10:15 AM
CONCURRENT SESSIONS
NEW! The Next Generation: Shaping the Future of the Industry Grand A-B Hear from some of the industry’s young leaders and seasoned professionals on how firms are changing their culture to serve a multigenerational workforce. From mentoring and emerging leader groups to office environment changes, learn from firms that are creating a positive work culture to help their employees thrive and grow in their organizations and the affordable housing field. Moderator: Meg Manley, PIRHL Speakers: Amy Broadwater, RubinBrown; Timothy Henkel, Pennrose; Vihar Sheth, U.S. Bancorp Community Development Corp.; Catalina Vielma, Boston Financial Investment Management; Jeff Whiting, CREA SPONSORED BY:
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CONFERENCE PROGRAM
Developers’ Best Practices Columbus C-F At this session, a panel of veteran developers will come together and exchange best practices for developing and financing affordable housing. Speakers will share key principles—and some new ideas—to help with your next project and beyond. Both new and experienced developers can come and fine-tune their own best practices. Moderator: Tom Capp, Gorman & Co. Speakers: Joshua Cohen, Beacon Communities; Kenneth P. Crawford, Michaels Development; Sylvia Martinez, Community HousingWorks; Matt Rieger, Housing Trust Group
What’s Next at HUD Columbus I-L With over a year at the helm of the Department of Housing and Urban Development (HUD), Secretary Ben Carson has raised concerns among affordable housing advocates by unveiling of a major overhaul of the nation’s rental housing assistance program and delaying implementation of the Affirmatively Furthering Fair Housing rule. Our expert panelists will discuss these policy directions as well as some of the positive news out of the agency, such as the Rental Assistance Demonstration cap being expanded to Sec. 202 properties with Project Rental Assistance Contracts to preserve elderly housing as well as the extension of the Family Self-Sufficiency Program. Moderator: Deborah VanAmerongen, Nixon Peabody Speakers: Shana Daby, Greystone; Denise Muha, National Leased Housing Association; Stephen Ott, Department of Housing and Urban Development; Bryan Shumway, Wishrock Investment Group SPONSORED BY:
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10:15–10:30 AM Coffee Break Grand Foyer SPONSORED BY:
10:30 AM–12:00 PM Tax Credit Equity Outlook Power Panel Grand A-B A panel of top investors and syndicators will provide their insight into the LIHTC market. The experts will provide upto-date information heading into 2019 to help developers get their housing credit deals done. The panel will break down the latest market conditions, discuss recent trends, and offer other critical perspectives to help developers with their upcoming projects. Moderator: Michelle Norris, National Church Residences Speakers: Tony Bertoldi, CREA; Christine Cormier, WNC; Scott Hoekman, Enterprise Housing Credit Investments; Hal Keller, Ohio Capital Corporation for Housing; Susan Moro, Bank of America Merrill Lynch; Victoria O’Brien, Key Community Development Corp.; Ronne Thielen, R4 Capital
AHF AWARD WINNERS THE AFFORDABLE HOUSING HALL OF FAME MIKE ALVIDREZ
KIM HERMAN
Skid Row Housing Trust
Washington State Housing Finance Commission
CAROL GALANTE
NAN ROMAN
Terner Center for Housing Innovation
National Alliance to End Homelessness
2018 READERS’ CHOICE WINNERS WEST TURNER RESIDENCES
RENAISSANCE SQUARE
Best Overall Project Developed by Pennrose, LLC and St. Luke’s—Sacred Heart Campus
Best Public Housing Redevelopment Project Developed by McCormack Baron Salazar
MERCY OTHELLO PLAZA
PROCTOR’S LANDING
Best Family Project Developed by Mercy Housing Northwest
Best Rural Project Developed by PIRHL and Ironton-Lawrence County Community Action Organization
HILLCREST RESIDENCES Best Green Project Developed by The Community Builders, Inc.
BELL ARTSPACE CAMPUS Best Historic Rehab Project Developed by Artspace Projects and Providence Community Housing
SIBLEY SQUARE Best Mixed-Use Project Developed by WinnCompanies
PORTNER FLATS Best Preservation Project Developed by Jonathan Rose Cos. and Somerset Development Co.
WEST TURNER RESIDENCES Best Seniors Project Developed by Pennrose, LLC and St. Luke’s—Sacred Heart Campus
SHEAKLEY CENTER FOR YOUTH Best Special-Needs Project Developed by Model Group and Lighthouse Youth & Family Services
WOODLAWN STATION, CHICAGO Best Urban Project Developed by Preservation of Affordable Housing
THE RESIDENCES AT CAREER GATEWAY Editors’ Choice Developed by The NRP Group and Community Development for All
2018 YOUNG LEADERS MYIA BATIE
ALEXANDER RUSSELL
Ohio Capital Corporation for Housing
Many Mansions
KATHERINE FLEMING
CATALINA VIELMA
BRIDGE Housing
Boston Financial Investment Management
HEATHER OLSON
DAN WILSON
Walker & Dunlop
Atlantic Pacific Communities
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CONFERENCE SPEAKERS
KEYNOTE SPEAKERS
SEN. TODD YOUNG (R-IND.) U.S. SENATE
Senator Todd Young represents Hoosiers in the United States Senate. He currently serves on the Senate Committees on Foreign Relations; Health, Education, Labor & Pensions; Commerce, Science & Transportation; and Small Business and Entrepreneurship. A fifth-generation Hoosier, Young grew up watching his parents work hard in order to support the family. His first jobs were delivering newspapers, mowing lawns, and providing janitorial services at the family business. He is a graduate of the United States Naval Academy in Annapolis, Maryland. He graduated with honors in 1995 and accepted a commission in the U.S. Marine Corps. In 2000, Young was honorably discharged from the Marine Corps as a Captain. While serving in the Marines and working as a business consultant, he earned an MBA and his law degree. In 2010, he ran for Congress and served three terms representing Indiana’s 9th District. He was elected to the U.S. Senate in 2016.
EUGENE JONES JR.
CEO, CHICAGO HOUSING AUTHORITY Eugene Jones, Jr. is the Chief Executive Officer for the Chicago Housing Authority. He is directly responsible for implementing CHA’s extensive redevelopment program of public housing and continuing the agency’s mixed-income-focused strategic initiative to help build strong, vibrant communities throughout Chicago. He has more than 35 years of service and experience in housing operations, resident services, accounting and finance, auditing, maintenance, new construction, capital construction and Housing Choice Voucher programs. Jones held previous key roles at various housing authorities across the country and in Canada. He is credited for turning around numerous troubled housing authorities to either a standard or high performance. He earned his bachelor’s degree from the University of Albuquerque and his MBA from New Mexico Highlands University.
MICHELLE MURRAY
CO-OWNER, TRIA ADELFI PROPERTY MANAGEMENT AND DEVELOPMENT CO. Michelle Murray is the co-owner of the Tria Adelfi Property Management and Development Company, a Minority Business Enterprise (MBE) and Women’s Business Enterprise (WBE), where she is responsible for the day-to-day operations with business partner Julia Foust. Tria Adelfi recently partnered with St. Edmund’s Redevelopment Corp. to develop St. Edmund’s Oasis, a mixed-income community in the Washington Park neighborhood. Michelle grew up in the Dearborn Homes and Stateway Gardens in the Chicago Housing Authority. She attended Martin Luther King High School and Finlandia University in Hancock, Michigan. She is married to Darron Collins and has two children, Jae’la (15) Jahan (5).
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CONFERENCE SPEAKERS
Anthony Alfieri, RBC Capital Markets
Rob Hoskins, The NuRock Cos.
Charles A. Rhuda III, Novogradac & Co.
RC Alley III, Architects Orange
Andrew Hugger, Bank of America Merrill Lynch
Brendt D. Rusten, Dominium
Tom Anderson, Cohen-Esrey Development Group
Michael Johnson, UrbanCore Development
Vihar Sheth, U.S. Bancorp Community Development Corp.
Beverly Bates, The Community Builders
Stacy Jurado-Miller, The Vecino Group
Bryan Shumway, Wishrock Investment Group
Don Bernards, Baker Tilly
Anand Kannan, Community Preservation Partners
Bob Simpson, Fannie Mae
Tony Bertoldi, CREA
Angela Kelcher, Fannie Mae
Thurman Tony Smith, PNC Bank
Jason Bordainick, Hudson Valley Property Group
Hal Keller, Ohio Capital Corporation for Housing
Ali Solis, Make Room
Amy Broadwater, RubinBrown
Peter Lawrence, Novogradac Consulting
Beth Stohr, U.S. Bancorp Community Development Corp.
Debbie Burkart, National Equity Fund
David Leopold, Freddie Mac
Laura Burns, The Eagle Point Cos.
Jacques Logan, Affordable Housing Portfolio Consultants
Elizabeth Strojan, New York City Housing Development Corp. & Department of Housing Preservation & Development
Emily Cadik, Affordable Housing Tax Credit Coalition
Meg Manley, PIRHL
Monica Sussman, Nixon Peabody
Tom Capp, Gorman & Co., Inc.
Sylvia Martinez, Community HousingWorks
Brian Swanton, Gorman & Co.
Lori Chatman, Enterprise Community Loan Fund
Diana McIver, DMA Development Co.
Ben Taylor, Dominium
David Cleghorn, HELP USA
Carolyn McMullen, Walker & Dunlop
Ronne Thielen, R4 Capital
Joshua Cohen, Beacon Communities
Philip Melton, Bellwether Enterprise
Deborah VanAmerongen, Nixon Peabody
Christine Cormier, WNC
Fred Mitchell, The NHP Foundation
Shannon Cox Baker, Urban Ventures
Mark Moorhouse, Dominium
Lisa Vatske, Washington State Housing Finance Commission
Kelan Craig, Ohio Housing Finance Agency
Christine Moran, Illinois Housing Development Authority
Kenneth P. Crawford, Michaels Development
Susan Moro, Bank of America Merrill Lynch
Shana Daby, Greystone
Bob Moss, CohnReznick
Marcia Davies, Mortgage Bankers Association
Denise Muha, National Leased Housing Association
Tony DiBlasi, Ohio Capital Corporation for Housing
Beth Mullen, CohnReznick
David Dill, Stifel, Nicolaus & Co.
Shekar Narasimhan, Beekman Advisors
Allen Feliz, TCAM
Dionne Nelson, Laurel Street
Tim Flint, CBRE Affordable Housing
Jenny Netzer, TCAM
Drew Foster, Red Stone Equity Partners
Michelle Norris, National Church Residences
John Gahan III, Sullivan & Worcester
Wade Norris, Norris George & Ostrow
Sarah Garland, CBRE Affordable Housing
Victoria O’Brien, Key Community Development Corp.
David Gasson, Housing Advisory Group/Boston Capital
Heather Olson, Walker & Dunlop
Richard Gerwitz, Citi Community Capital
Stephen Ott, Department of Housing and Urban Development
David Ginger, Wisconsin Housing and Economic Development Authority
Tim Veenstra, Illinois Housing Development Authority Catalina Vielma, Boston Financial Investment Management Jeff Weiss, Hunt Capital Partners Jeff Whiting, CREA Stockton Williams, National Council of State Housing Agencies Bradley Wirt, Piper Jaffray Dena Xifaras, Preservation of Affordable Housing
Richelle “Shelly” Patton, Tapestry Development Group
Audra Hamernik, Illinois Housing Development Authority
Janet Pope, Compass Housing Alliance
Laurel Hart, Georgia Department of Community Affairs Jeff Heisler, The Community Builders
Roslyn Poznansky, RBC Capital MarketsTax Credit Equity Group
Mike Hemmens, Citi Community Capital
Greg Proctor, RealPage Compliance Services
Timothy Henkel, Pennrose
Troy Rambo, Wallick Communities
Scott Hoekman, Enterprise Housing Credit Investments
Claire Reinstein, National Affordable Housing Trust
Marni Holloway, Texas Department of Housing and Community Affairs
Matt Rieger, Housing Trust Group
Holly Holtzen, Ohio Housing Finance Agency
Daniel Rosen, Klein Hornig
Joan Hoover, Conifer Realty
Lisa Rotvold, Beyond Shelter
Caleb Roope, The Pacific Cos.
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AEGON
EXHIBITOR | BOOTH 417
Aegon USA Realty Advisors, LLC, (Aegon Real Assets US), a US-based investment adviser and real estate asset manager, registered with the Securities and Exchange Commission and part of Aegon Asset Management, the global investment management brand of Aegon Group. A tax-credits investor since 1987, Aegon Real Assets US has used indepth knowledge of affordable housing development and finance to invest in more than 370 partnerships, acquired more than $4.3 billion in capital, and help create 54,000+ housing units as of December 31, 2017. Linda L. Hill Vice President, II Aegon USA Realty Advisors, LLC
[email protected] | 415-983-5443 www.aegonrealty.com
AEI CONSULTANTS
EXHIBITOR | BOOTH 310
Headquartered in the San Francisco Bay area of California, AEI Consultants is an employee owned firm providing duediligence, construction and environmental consulting services for a diverse client base to include real estate owners, FHA-insured lenders, tax credit syndicators, public housing authorities and HUD. With over 20 offices throughout the country, AEI has become the national leader in providing cost effective solutions related to the development, financing and environmental remediation of multi-family and commercial real estate. Douglas A. Olson, PE Vice President
[email protected] | 857-350-3519 aeiconsultants.com
AFFORDABLE HOUSING ADVISORS
EXHIBITOR | BOOTH 308
The Affordable Housing Advisors (AHA) are the nation’s leading full-service brokerage firm representing sellers and buyers of Project-Based Section 8 multi-family properties. Founded in 1987, AHA was the first brokerage firm specializing in the sale of government subsidized housing. Their continued success is a result of AHA’s unique ability to create a competitive sales environment amongst qualified buyers. AHA has exclusively listed and sold more than 185,000 Project-Based Section 8 units nationally, with an aggregate value of over $7 billion. Andrew Daitch Executive Director
[email protected] | 248-415-2630 AffordableHousingAdvisors.com
AFFORDABLE HOUSING TAX CREDIT COALITION
CORPORATE SPONSOR
Founded in 1988, AHTCC is a trade organization of housing professionals who advocate for affordable rental housing financed using the Low-Income Housing Tax Credit (Housing Credit). Our for-profit and non-profit members—including syndicators, investors, lenders, developers, legal and accounting professionals and state allocating agencies—seek to preserve, expand and improve the Housing Credit and complementary programs through legislative outreach and education.
CORPORATE AFFORDABLE HOUSING INVESTMENT BROKERAGE, INC. SPONSOR
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SPONSOR & EXHIBITOR PROFILES
Affordable Housing Investment Brokerage, Inc.’s (AHIB) sole purpose is the direct, confidential sale of affordable housing. Driven by a passion for maximizing client wealth and serving an industry that provides a vital social need, AHIB’s principals have sold over $1 billion in niche real estate investments, including Project-Based Section 8, Section 42, and HUD-financed properties. AHIB maximizes value through marketing by agents who provide a single source for affordable housing and local real estate knowledge. Kyle Shoemaker Managing Director
[email protected] | 630-405-6500 www.ahibinc.com
ALLIANT CAPITAL LLC
EXHIBITOR | BOOTH 115
Founded in 1997, Alliant Capital, Ltd., has established itself as one of the nation’s top sponsors in syndication volume and has an unparalleled track record of success. Alliant has raised over $7.1 billion in investor equity and invested in over 960 properties comprised of over 94,600 LIHTC units. Stacie Nekus Senior Vice President, Investor Relations Alliant Capital, Ltd.
[email protected] | 818-668-6800 thealliantcompany.com
APPLEGATE & THORNE-THOMSEN. P.C
EXHIBITOR | BOOTH 213
Applegate & Thorne-Thomsen represents tax credit syndicators, direct investors, developers and public agencies in all facets of tax-incentivized transactions. Our 39 attorneys, supported by 17 paralegals, handle all aspects of housing and community development initiatives on a nationwide basis. Our broad base of experience representing developers, investors and syndicators gives us multiple perspectives into all facets of a project, providing us the ability to anticipate and assist our clients with the tax, regulatory and real estate issues that are common to affordable housing development. Bennett Applegate President & Managing Partner
[email protected] | 312-491-3322 www.att-law.com
BAKER TILLY
EXHIBITOR | BOOTH 321
Baker Tilly is a full-service accounting and advisory firm whose specialized professionals help developers, lenders, and investors succeed through investment in quality affordable housing projects throughout the U.S. Our team provides the expertise needed to navigate complex government regulations and capitalize on funding. From concept development and transaction structuring to asset disposition and beyond, Baker Tilly delivers innovative ideas, strategies, and solutions that enable clients to move forward with confidence and meet their business objectives. Don Bernards Partner
[email protected] | 608-240-2643 Bakertilly.com/housing
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BALLARD SPAHR LLP
BRONZE SPONSOR
Ballard Spahr LLP, an Am Law 100 law firm with more than 650 lawyers in 15 offices in the United States, provides a range of services in litigation, business and finance, real estate, intellectual property, and public finance. Our clients include Fortune 500 companies, financial institutions, life sciences and technology companies, health systems, investors and developers, government agencies, media companies, educational institutions, and nonprofit organizations. The firm combines a national scope of practice with strong regional market knowledge. Amy M. McClain Partner
[email protected] | 410-528-5592 www.ballardspahr.com
BANK OF AMERICA MERRILL LYNCH
PLATINUM SPONSOR
As you work to transform lives and communities, connect with more than 30 years of community development experience, expertise and commitment at Bank of America Merrill Lynch. Whether you need tax-credit investments, flexible lending solutions or other financial services, we can help you move projects from vision to completion. We’ve committed $1.5 trillion to community development over the last 10 years, and our unique business model includes the nation’s first, largest and most active bank-owned Community Development Corporation. Maria Barry
[email protected] bofaml.com/affordablehousing
BARINGS
EXHIBITOR | BOOTH 215
Barings is a US $306+ billion global financial services firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative solutions and exceptional service. As part of MassMutual, we have the financial stability and flexibility to take a long –term approach. more, at BARINGS.com. Anson Snyder Director (323) 646-3300
[email protected] www.baringsmultifamily.com Sean Cullen Senior Managing Director (212) 973-5149
[email protected] www.baringsmultifamily.com
BERKADIA
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CORPORATE SPONSOR
SPONSOR & EXHIBITOR PROFILES
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing capital solutions, investment advisory and research for multifamily and commercial properties. As a Freddie Mac Program Plus lender, Fannie Mae DUS® Multifamily Seller/Servicer, insurance company correspondent, and HUD, MAP and LEAN originator and servicer, Berkadia provides access to capital and flexible, customized lending and servicing solutions for the acquisition, construction, rehabilitation and refinance of multifamily and commercial properties. Anthony Cinquini Managing Director – Affordable Housing
[email protected] (310) 209-3288 Lloyd Griffin Managing Director – Affordable Housing
[email protected] (512) 226-8710
BMO HARRIS BANK
EXHIBITOR | BOOTH 216
Real estate firms like yours need a banking partner with extensive products and services, a strong capital base, and the ability to fund their needs through economic cycles. Our dedicated team of real estate experts is your trusted adviser, helping developers, REITs, private equity funds and institutionally sponsored firms achieve their goals. To learn more about how we can help, visit bmoharris.com/realestate. James West Director | Community Development Lending 312-461-5047
[email protected] bmoharris.com/commercial
BONNEVILLE MULTIFAMILY CAPITAL
CORPORATE SPONSOR
Bonneville Multifamily Capital is a national lender with a reputation for personal service. We focus primarily on Multifamily USDA RD 538 loans and HUD/FHA loans. Permanent, Construction/Perm, Rehab/Perm and 4% Bond deals are all structures we have worked with and used. These federally backed loans are an excellent source of financing with lowinterest rates, high LTV, long amortization, for rural multifamily housing projects. Chris Mullen Executive Director
[email protected] | 801-323-1076 www.bmfcap.com
BOSTON CAPITAL
EXHIBITOR | BOOTH 407
Boston Capital is a real estate investment and advisory firm specializing in equity investments in affordable multifamily housing and market rate communities. Boston Capital’s holdings include over 1,556 properties in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam, constituting nearly 121,000 apartment homes with a development cost in excess of $19.6 billion. Boston Capital is one of the largest owners/investors of apartment properties in the U.S. Its subsidiary, Lexington Solutions, hosts the Fusion asset management system and financial data collection service to help multifamily asset managers and owners manage risk and increase productivity. Corine Sheridan Director of Origination
[email protected] | 617-624-8893 www.bostoncapital.com
BOSTON FINANCIAL
EXHIBITOR | BOOTH 220
Boston Financial Investment Management (Boston Financial) is a national leader in the affordable housing industry, with
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a proven track record in syndication services as well as asset and portfolio management. Since 1969, our company has focused on providing exceptional client service to its partners and has built one of the most experienced management teams in the industry. Boston Financial has invested over $11 billion of equity in LIHTC properties since 1986 and currently manages approximately $8.5 billion of LIHTC and Historic tax credit equity investments comprising over 1,450 properties and 140,000 units, making Boston Financial one of the largest syndicators in the tax credit industry. Nicole Jaynes Executive Assistant Boston Financial Investment Management
[email protected] | 617-488-3381 www.bfim.com
BRIGHT POWER
EXHIBITOR | BOOTH 313
Bright Power provides strategic energy and water solutions to building owners and operators nationwide, with offices in New York City and Oakland, CA. Specializing in multifamily buildings, Bright Power helps clients reduce consumption, environmental impact, and operating expenses while increasing resident comfort and health. The company has worked with over 31,000 buildings comprising over 910,000 apartment units across 49 states. Jessica Esposito Account Manager
[email protected] www.brightpower.com
CAHEC
CORPORATE SPONSOR
Created in 1992, CAHEC ranks as one of the largest nonprofit regional equity syndicators in the United States. Our mission is to provide communities with affordable housing and opportunities for growth and revitalization by investing in qualified tax credit products. CAHEC also provides capital through a series of Community Investments which empower residents, promote the development of affordable rental and ownership housing, and foster sustainability within the communities we serve. Dana Boole President & CEO
[email protected] | 919-420-0063 www.cahec.com
CAPITAL ONE COMMERCIAL BANKING
EXHIBITOR | BOOTH 307
Capital One® Commercial Real Estate offers a wide range of Fannie Mae®, Freddie Mac® and FHA programs nationwide, along with balance sheet strength, dedicated resources and advice at every stage of the lending process, from origination to closing and beyond. Brian Hayes Senior Vice President Capital One Multifamily Finance
[email protected] | 610-254-4818 www.capitalonemultifamily.com
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CBRE
PLATINUM SPONSOR
CBRE Affordable Housing is a specialty group within CBRE Group, Inc. that combines investment sales, debt and structured finance, and investment banking into a fully integrated service offering for clients in the affordable housing industry. They have closed over $17.2 billion dollars in sales and financing since 2001 and have conducted transactions in all 50 states and Puerto Rico. Robert Sheppard Managing Director
[email protected] | 206-826-5770 www.cbre.us
CHOICE PROPERTY RESOURCES
CORPORATE SPONSOR
Choice Property Resources is a leading partner to affordable property developers, owners and managers in telecommunications contracts for resident services. We ensure broadband equality and resident satisfaction through comprehensive portfolio analysis, negotiation, execution and management of provider contracts. From Wi-Fi, affordable internet and cable TV, these solutions maximize portfolio asset value, improve ROI and help meet property goals. Choice was founded in 1999 and serves 300,000 units in the US. Mike Coco, CAS Choice Property Resources, Inc. 614-568-7301 choiceprop.com
CHURCHILL STATESIDE GROUP, LLC.
EXHIBITOR | BOOTH 409
Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction and permanent financing solutions. With over $1 Billion under management, CSG has long-standing and successful investment relationships with numerous corporate investors and pension funds. The company’s investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC, is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer. Keith Gloeckl CEO Churchill Stateside Group
[email protected] | 727-461-2200 www.csgfirst.com
CITI COMMUNITY CAPITAL
PLATINUM SPONSOR
Citi Community Capital (CCC) is a premier financial partner with nationally recognized expertise in providing debt and equity to all types of affordable housing and community development projects. CCC’s origination, structuring, asset and risk management staff across the country provides creative financing solutions designed to meet its clients’ needs. CCC helps real estate developers, nonprofit organization, public housing authorities, community development financial institutions (CDFIs), and national financial intermediaries achieve their goals through a broad, integrated platform of debt and equity offerings. Additional information may be found at citicommunitycapital.com or by submitting a question to
[email protected]. Mark Dean
[email protected] | 206-346-2838 citicommunitycapital.com
CINNAIRE
EXHIBITOR | BOOTH 314
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Cinnaire is guided by an unwavering belief that all people deserve the opportunities provided by living in healthy communities. Since 1993, the organization has invested $4.2 billion toward that goal, resulting in more than $7.3 billion in community impact. A non-profit Community Development Financial Institution (CDFI) certified by the U.S. Department of Treasury, Cinnaire has supported 676 housing developments and 3.3 million square feet of commercial space, provided 101,000 affordable apartment homes and created or retained more than 65,000 jobs. Headquartered in Lansing, MI, with offices in five states, Cinnaire provides access to investment funding, lending options and title services that support community and economic development, creating stable, sustainable and vibrant communities.
COATS ROSE
EXHIBITOR | BOOTH 311
The Coats Rose Affordable Housing and Community Development Group has extensive experience and is focused on the development of affordable housing and inner city revitalization. We represent for-profit developers, non-profit developers and public housing authorities providing comprehensive solutions that utilize a variety of financing techniques, including low income housing tax credits, CDBG Disaster Recovery Funding, private activity bonds, historic tax credits, HUD programs, investment syndication and conventional financing. We have a particular expertise in closing Public Housing RAD transactions. Barry J. Palmer Director Coats Rose Affordable Housing and Community Development Group
[email protected] | 713.653.7395 www.coatsrose.com
COGENCY GLOBAL INC.
EXHIBITOR | BOOTH 221
Cogency Global Inc.is a professional registered agent company that has been providing statutory representation, corporate and secured transaction services since 1980. As your registered agent, you will gain a partner that will promptly accept time sensitive legal and state documents on your behalf and provide personalized and customized service to assist you with maintaining your business entities’ existence and good standing. Cogency Global can act as your statutory required agent in all 50 states, the District of Columbia and in many other countries. Matt Knight Senior Account Executive
[email protected] | 1-866-631-5349 www.cogencyglobal.com
COHNREZNICK LLP
GOLD SPONSOR & EXHIBITOR | BOOTH 408
CohnReznick LLP is one of the largest accounting, tax and advisory firms in the United States with a highly specialized affordable housing industry practice including dedicated teams in tax credit advisory, real estate development, investment services, transaction consulting and valuations. We work each day to help shape the policy of the industry, connect its people and help our clients grow while navigating complex business and financial issues. Beth Mullen, CPA Partner, National Director - Affordable Housing Industry
[email protected] | 916-442-9100 www.cohnreznick.com
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COMMUNITY DEVELOPMENT TRUST, THE
CORPORATE SPONSOR
The Community Development Trust (CDT) is a real estate investment trust that provides capital for the preservation and creation of affordable housing and charter school facilities. Working with local, regional and national partners, CDT makes long-term equity investments and originates and acquires long-term mortgages. In its 18 years, CDT has invested over $1.4 billion in debt and equity capital to properties in 44 states and regions—helping to preserve and create over 40,000 units of affordable housing. CDT is a private real estate investment trust (REIT), a certified Community Development Financial Institution (CDFI), an approved Fannie Mae affordable housing lender and a member of the Federal Home Loan Bank of New York (FHLBNY). As a CDFI and private REIT with a social impact mission, CDT operates as a doublebottom-line organization by utilizing creative financial solutions to provide debt and equity capital to underserved real estate markets, all while seeking attractive returns for shareholders. Brian Gallagher SVP Debt
[email protected] | 212-271-5096 Brian Dowling Chief Investment Officer
[email protected] | 212-271-5083
COMMUNITY PRESERVATION CORPORATION, THE
CORPORATE SPONSOR
The Community Preservation Corporation (CPC) was launched in 1974 through a joint agreement between the City of New York and its leading commercial banks to restore and rebuild New York’s aging neighborhoods. In the more than 40 years since we have evolved and expanded our reach to become a consistent source of capital to underserved housing markets throughout New York City and in communities across the state. CPC has financed more than 193,000 units of multifamily housing to date. With more than $10 billion in public and private investments, our work has helped revitalize countless neighborhoods and provided quality housing for low-, moderate- and middle-income families, senior citizens, and individuals with disabilities
CREA, LLC
SILVER SPONSOR & EXHIBITOR | BOOTH 208
At CREA, LLC we are more than capital providers. We are partners. We specialize in low income housing tax credits, forming long-term relationships with investors and developers that cultivate success and improve lives. CREA is headquartered in downtown Indianapolis and has offices in Austin, Boston, New York, Portland, San Diego and Sarasota. More information can be found online at www.creallc.com. Stefanie Brown VP, Marketing 317-808-7193 direct 312.330.5541 cell www.creallc.com
[email protected]
CRG RESIDENTIAL
CORPORATE SPONSOR
CRG Residential is celebrating 25 years of service to the affordable housing community. CRG offers a complete suite of construction services to our clients: new construction, renovations, RAPID- occupied renovations and self-preform exteriors capabilities in addition to in-house developments. It is CRG’s goal every day to do right - by our residents, our employees, our lenders, and our partners. To strive to improve the neighborhoods in which we work and to assist in the development of sustainable communities that endure. Jeffrey R Eynon National Sales Director
[email protected] | 317.800.8491 www.crgresidential.com
DAUBY O’CONNOR & ZALESKI LLC
EXHIBITOR | BOOTH 200
Dauby O’Connor & Zaleski, LLC (DOZ) was established in 1987 to provide accounting and auditing, tax, and consulting
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services to owners, developers, managing agents, and syndicators of multifamily housing communities. Started as a two man firm, DOZ has grown to a nationally recognized leader in the real estate arena with clients in all 50 states. Our intense focus in the real estate arena results in a staff that truly knows the nuances of multifamily finance. DOZ clients include affordable housing, senior living facilities, independent living facilities, retail and commercial properties, and residential land developments. DOZ is extremely well versed in projects financed with HUD, RD, Tax Exempt Bonds, and Low Income Housing Tax Credits. Blake Schrader Business Development Manager
[email protected] | 317-848-5700 www.doz.net
DOMINION DUE DILIGENCE GROUP
EXHIBITOR | BOOTH 416
Dominion Due Diligence Group (D3G), is headquartered in Richmond, Virginia. D3G, established in 1994 by Robert E. Hazelton, provides national full-service environmental and engineering real estate due diligence. D3G’s third party reporting is used for HUD-FHA, Rental Assistance Demonstration (RAD), Fannie Mae, Freddie Mac, LIHTC, conventional lending and property transactions. D3G’s services focus on affordable housing, elderly care facilities and historical rehabilitations. D3G is currently the largest due-diligence consulting firm in the nation specializing in HUD insured commercial loans for multifamily and elderly care housing. Jennifer Berger Director of Business Development Dominion Due Diligence Group (D3G)
[email protected] | 804-237-1888 www.d3g.com
DOUGHERTY MORTGAGE LLC
BRONZE SPONSOR
Dougherty Mortgage LLC is a nationwide mortgage bank firm offering a variety of loan products for the acquisition, refinance, construction or rehabilitation of a variety of property types, including affordable multifamily properties. As an approved Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, FHA/HUD lender, Ginnie Mae issuer, and designated lender/partner with the USDA under the Community Facilities Guaranteed Loan Program, we understand the complex requirements involved with integrating multiple sources of funding. When government programs are involved, it takes a sophisticated banking team to coordinate the process and ensure agency requirements are met. As an approved Ginnie Mae seller/servicer, we are currently servicing in excess of $5.3 billion of loans. Karen Dubrosky Vice President
[email protected] | 612-317-2118 www.doughertymortgage.com
EIDE BAILLEY
EXHIBITOR | BOOTH 201
Eide Bailly LLP is a Top 25 CPA Firm in the nation which has been serving the real estate industry for more than 40 years. With 33 offices in 14 states, Eide Bailly provides a variety of services to its real estate clients and specializes in serving those in the affordable housing sector. Our team performs over 700 affordable housing projects, including audits, low income tax credit projects, carryover certifications and more. Shannon Breuer Director of Affordable Housing, Partner Eide Bailly LLP
[email protected] | 701-239-8575 www.eidebailly.com
ENTERPRISE | BELLWETHER ENTERPRISE
GOLD SPONSOR & EXHIBITOR | BOOTH 205
Enterprise and Bellwether Enterprise: the leading national team putting capital to work to make well-designed homes affordable in communities across the country. From Low-Income Housing Tax Credit and New Markets Tax Credit equity,
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to long-term conventional, workforce and affordable housing products, we are the industry’s most competitive and creative capital provider and servicer. That’s capital on a mission. Raoul Moore SVP, Tax Credit Syndication
[email protected] | 410-772-2685 EnterpriseCommunity.com Phil Melton Executive Vice President, National Director of Affordable Housing & HFA Lending
[email protected] | 469-729-7677 BellwetherEnterprisec.com
FANNIE MAE
CORPORATE SPONSOR
Fannie Mae Multifamily serves the secondary mortgage market as a reliable source of mortgage capital in every market, every day. We provide liquidity, stability, and affordability to the multifamily market in a disciplined fashion while maintaining our credit standards and minimizing losses. We serve a wide spectrum of the multifamily market, including conventional, rent-restricted, cooperatives, seniors, student housing, and manufactured housing communities. Tasha Fitterer Project Analyst
[email protected] | 202-752-8820 fanniemae.com/multifamily
FREDDIE MAC MULTIFAMILY
SILVER SPONSOR
Freddie Mac Multifamily is the nation’s leading source of multifamily housing finance. We help keep rental housing within reach by financing properties large and small, including those housing America’s workforce, seniors, and students. Nearly 90 percent of the rental homes we fund are affordable to households and families with low- to moderate-incomes. David Leopold Vice President, Targeted Affordable Sales & Investments
[email protected] FreddieMac.com/multifamily
FRIEDMAN, LLP
EXHIBITOR | BOOTH 209
Friedman LLP, headquartered in Manhattan with locations throughout New Jersey, Long Island, and Philadelphia, has been serving the accounting, tax and business consulting needs of public and private companies since 1924. Our industry-focused Affordable Housing and Not-for-Profit practices provide services to help facilitate the partnership between not-for-profits and owners and developers as they finance, build and operate affordable housing units. Our team provides accounting, audit, tax and advisory services to a growing and diverse collection of organizations as they face ever-changing assurance, regulatory and financial demands. Joseph Crivelli, CPA Partner
[email protected] | 212-842-7550 www.friedmanllp.com
GILL GROUP
EXHIBITOR | BOOTH 214
Gill Group specializes in Valuation and Market Feasibility Analysis. Our MAI Appraisers, Certified Market Analysts, and LEED AP Architects and Engineers provide Appraisals, Market Studies, CNAs and all other due diligence pieces for LIHTC, RD, HUD, Fannie, Freddie, S&P and every other type of funding transaction nationwide.
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Jana Jones Director of Business Development
[email protected] | 800-428-3320 www.gillgroup.com
GREYSTONE & CO, INC
SILVER SPONSOR
Greystone provides a number of affordable multifamily solutions and services, including financing, preservation, development, investment sales and advisory. Our loan products, both taxable and tax-exempt, can facilitate the construction, acquisition, development, rehabilitation and repositioning of affordable housing across the country. With a dedicated platform of experienced affordable housing professionals, Greystone can find the right solution for your affordable housing needs. Jeff Englund Senior Managing Director
[email protected] | 770-392-9340 www.greyco.com/lending Aaron Hargrove Managing Director
[email protected] | 918-269-0896 www.greycoadvisors.com/affordable
HIGHLAND COMMERCIAL MORTGAGE
EXHIBITOR | BOOTH 414
Highland Commercial Mortgage (HCM) - A national leader in providing FHA secured financing as a MAP approved lender and Ginnie Mae issuer, Highland Commercial Mortgage is ranked nationally as a provider of financing for affordable multifamily mortgages and assisted living facilities. We provide loan underwriting, origination and loan servicing for HUD 221(d)(4)/ new construction and substantial rehabilitation projects, HUD 223(f)/refinance, HUD 223(a)(7) refinance of existing HUD insured properties, and LIHTC projects utilizing Tax Exempt Bond Financing. Developing close relationships with developers, non-profit housing organizations, and large property managers across the United States has led our organization to over 1 billion dollars in our servicing portfolio since our company’s inception in 2012. We provide excellent service, security and attention to your business needs. Leigh Anne Rula Marketing Director
[email protected] | 205-940-4200 www.hcmd4.com
HOOKER DEJONG, INC.
EXHIBITOR | BOOTH 301
HDJ specializes in the planning and design of affordable housing. We have completed over 180 housing projects in the last five years alone, many of which include mixed-use development strategies. Our company was founded in 1936 and maintains an active portfolio in housing that extends back more than 4 decades. Our current footprint spans 27 states. Our projects routinely include affordable housing, and in those cases we work extensively with the respective state housing finance authorities and their (QAP). David Layman President/CEO
[email protected] | 231-740-1387 www.hdjinc.com.com
HUDSON HOUSING CAPITAL
CORPORATE SPONSOR
Hudson Housing Capital is a client centered financial services company committed to promoting and fostering the development of attractive affordable housing, nationwide. Founded by industry veterans in 1998, our senior management team averages 14 years with Hudson and over 20 years of industry experience. We rank among the top 10 firms annually in affordable housing tax credit equity syndication. Hudson places equity capital in high-quality, low-income housing tax credit developments around the country. We also place construction and permanent debt and provide predevelopment financing. We hold rigorous
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underwriting and asset management standards and include in-house specialists in architecture and engineering, as well as an in-house legal team. To date, we have experienced zero foreclosures and have not experienced any loss of credits due to recapture. Sam Ganeshan Managing Director
[email protected] | 212-218-4469 www.hudsonhousing.com
HUNT COMPANIES
CORPORATE SPONSOR & EXHIBITOR | BOOTH 100
Hunt Companies, a diversified family of real estate companies with a nationwide presence, offers a full suite of affordable housing solutions through two entities: Hunt Real Estate Capital and Hunt Capital Partners. Hunt Real Estate Capital provides non-recourse direct lending ranging from $3 million upwards for affordable housing in all 50 states. As a licensed Fannie Mae DUS™ lender, Freddie Mac Multifamily Approved Seller/Servicer, Federal Housing Administration (FHA) Multifamily Accelerated Processing (MAP) approved lender, Hunt Real Estate Capital’s lending professionals bring years of experience and provide clients with centralized negotiation, coordination, and pricing through long-standing relationships with government sponsored entities. Hunt Real Estate Capital also provides proprietary permanent and bridge financing. Hunt Capital Partners specializes in the syndication of Federal and State Low-Income Housing, Historic and Solar Tax Credits. Since the successful launch of its first fund in the fall of 2011, Hunt Capital Partners has raised over $1.6 billion in tax credit equity. Hunt Real Estate Capital Paul Weissman, Senior Managing Director, Affordable Housing
[email protected] | 303-504-6239 www.huntrealestatecapital.com Hunt Capital Partners Jeff Weiss, President
[email protected] | 818-380-6131 www.huntcapitalpartners.com
ION ENERGY SOLUTIONS
EXHIBITOR | BOOTH 117
ION Energy is a patented utility savings solution for Affordable Housing Developers. ION’s performance based unit level Smart-Metering technology defines 30-70% savings, efficiency and conservation. ION’s solution qualifies for Freddie Mac and HUD Green Loan offering additional loan proceeds and reduced interest rates. Jack Howell Founder/Senior Managing Partner
[email protected] | 502-639-0781 IONenergysolutions.com
JLL CAPITAL MARKETS
EXHIBITOR | BOOTH 320
JLL is a full-service global provider of capital solutions for real estate investors and occupiers. Our U.S. Capital Markets specialists completed $56 billion in sales and finance transactions in 2016. As one of the nation’s largest multifamily agency lenders(1), we execute comprehensive multifamily services for your property’s capital needs. We maintain strong relationships with Fannie Mae, Freddie Mac and HUD/GNMA. Our dedicated affordable housing team completed over $1.2 billion in deals in 2016. (1)Agency/GSE lending and loan servicing are performed by Jones Lang LaSalle Multifamily, LLC, a wholly owned
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indirect subsidiary of Jones Lang LaSalle Incorporated. Tim Leonhard International Director
[email protected] | +1 817 310 5800 www.us.jll.com/affordable-housing
JP MORGAN CHASE
EXHIBITOR | BOOTH 413
Chase takes pride in working to develop vibrant and diverse communities capable of sustaining a high quality of life and economic opportunity. Chase Community Development Banking provides loans, investments and community development services that meet the needs of low- and moderate-income households and communities. As a national leader in community development, we’re dedicated to strengthening communities by expanding access to capital, providing leadership by example, and delivering the comprehensive solutions of our global bank. Scott Schmid Division Manager
[email protected] | 585-797-2808 www.chase.com/cdb
KEYBANK
GOLD SPONSOR & EXHIBITOR | BOOTH 400
KeyBank Community Development Lending and Investment (CDLI) helps fulfill Key’s purpose to help clients and communities thrive by financing projects that stabilize and revitalize communities. Experts in complex tax credit lending and investing, Key is one of a handful of affordable housing lenders in the country with a platform that brings together balance sheet, equity, and permanent loan offerings. CDLI has a substantial investment and loan portfolio worth more than $2 billion, 90% of which is Low Income Housing Tax Credit (LIHTC) projects. For its ability to lend to, invest in, and serve its communities –especially low-to-moderate income communities – KeyBank has earned nine consecutive “Outstanding” ratings on the Community Reinvestment Act exam, from the Office of the Comptroller of the Currency. Rob Likes SVP, National Manager
[email protected] | 801-297-5811 www.key.com/affordable
KINETIC VALUATION COMPANY (KVG)
EXHIBITOR | BOOTH 207
Kinetic Valuation Company (KVG) fka LEA & COMPANY provides Affordable Housing Valuation and Consulting Solutions within the Affordable Housing Industry. Our services include tax credit application market studies and appraisals, lender appraisals, and feasibility consulting. We work extensively with proposed and existing family and senior LIHTC properties, USDA Rural Development properties, and HUD properties including Rent Comparability Studies and MAP valuation services. We look forward to partnering with you! Jay Wortmann President
[email protected] | 402-202-0771 www.kineticvaluationgroup.com
LIHTC ADVISORS
SILVER SPONSOR
LIHTC Advisors is a national brokerage firm specializing in the disposition of affordable housing real estate and partnership interest sales. We offer advisory, valuation and brokerage services to facilitate exit strategies associated with Section 42, Project-Based Section 8 or HUD financed properties. We have transaction experience throughout the country and can navigate the sophisticated ownership structures, regulatory requirements and debt markets to provide disposition insight for an array of affordable housing stake holders. Jeff Irish Partner
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Office- 800-840-3021 Cell- 208-286-5013
[email protected]
LOCKTON COMPANIES
BRONZE SPONSOR
The Mountain West practice in Denver is a nationally recognized leader in risk management consulting and insurance placement for the multi-family and affordable housing industry. We bring tailored Risk Financing, Loss Control and Claims Management solutions to each client. By leveraging our industry reputation and marketplace presence along with a robust and ever-growing suite of benchmarking and analytical tools, we seek to reduce, not simply our clients’ premiums, but their Total Cost of Risk with a structure that provides a competitive advantage in the marketplace. Lockton is a global professional services firm with 7,000 + Associates who advise clients on protecting their people, property and reputations. Lockton has grown to become the world’s largest privately held, independent insurance broker by helping clients achieve their business objectives. For nine consecutive years, Business Insurance magazine has recognized Lockton as a “Best Place to Work in Insurance.” Thomas F. McCoy, Jr. Partner & Executive Vice President Lockton Companies, LLC
[email protected] | 303-414-6456 www.lockton.com
LOVE FUNDING
EXHIBITOR | BOOTH 316
Love Funding is a leading HUD lender with over 30 years of experience. We provide financing for market-rate multifamily and affordable housing, healthcare and seniors housing facilities and hospitals nationwide. Love Funding has been building relationships and gaining expertise in the
FHA finance industry over the past three decades. Our professionals have the knowledge and resources to identify the best options to maximize your investment and to manage the complex financing details for your transaction. Bruce Gerhart | Regional Director |
[email protected] | 216.583.0812 David Hirsch | Director |
[email protected] | 312.810.2565 David Opalek | Director |
[email protected] | 614.778.9698 David Strachan | Associate Director |
[email protected] | 216.925.4788
MCSHANE CONSTRUCTION COMPANY
EXHIBITOR | BOOTH 315
McShane Construction Company builds multi-family and affordable housing communities, industrial facilities, public and private healthcare facilities, fitness centers and office buildings. We improve the supply chain management process, increase operational efficiencies and build environments that foster creativity. Our commitment to sustainable construction helps improve the communities in which we build. The structures we create provide our clients with more than just a building – we deliver an environment that enables them to achieve their goals. David Rintz Vice President
[email protected] | 847-692-8835 mcshane-construction.com
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MERCHANTS CAPITAL
CORPORATE SPONSOR & EXHIBITOR | BOOTH 422
Merchants Capital is a leading multifamily lender offering a variety of loan products to accommodate construction, rehabilitation, acquisition, and refinancing of multifamily housing throughout the country. Through its parent company, Merchants Bank, Merchants Capital can offer creative conventional short term debt products that will allow your project to qualify for long term, fixed rate, and non-recourse loans. Merchants Capital employs experienced affordable housing professionals that can customize the best financing solution for your housing financing needs. Michael Dury President
[email protected] | 317-569-7420 www.merchantscapital.com
MONARCH PRIVATE CAPITAL
BRONZE SPONSOR & EXHIBITOR | BOOTH 107
Monarch Private Capital (MPC) is an investor and syndicator of state and federal tax credits nationwide. The Monarch Private Capital team is committed to both developer and tax equity investor success. Our focus is to provide innovative capital solutions to the renewable energy, low income housing, film and historic rehabilitation industries. Monarch Private Capital is headquartered in Atlanta and has several offices located throughout the U.S. Please visit MonarchPrivate.com to learn more. Katie Mobley Director of Marketing
[email protected] | 404-991-3649 www.monarchprivate.com
MULTIFAMILY RISK ADVISORS (MRA)
CORPORATE SPONSOR
Multifamily Risk Advisors (MRA) is a subsidiary of Atlanta-based Tanner, Ballew, and Maloof, Inc. Founded in 1993, MRA has remained actively involved within the multifamily industry to the point where we have developed the industry’s most extensive insurance and risk management support platform. As an independently owned and operated agency, our partners and client services team excel at providing and servicing highly specialized insurance products to a broad range of apartment owners, managers and investors, both regional and national. For more information on our services, please visit us at www.tbmins.com
MRI SOFTWARE
EXHIBITOR | BOOTH 306
MRI Software delivers innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform and open and connected ecosystem meet the unique needs of real estate businesses, from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. Dave Czabala V.P. Sales
[email protected] | 1-800-321-8770 www.mrisoftware.com
NATIONAL DEVELOPMENT COUNCIL
EXHIBITOR | BOOTH 421
NDC acts as partner, teacher, advisor, investor, developer and lender, bringing together technical know-how and capital for community and economic investment. We work with local and state governments and community-based organizations to help them create and implement their own unique economic and community development strategies. Over the years, our programs and services have evolved to reflect the changing policy environment, adding services and products to meet emerging needs. We provide technical assistance, professional training, small-business lending, debt and equity financing for residential, commercial, public, and nonprofit facilities. Our nationally-recognized training programs help build a professional workforce in economic and community development that can advance and sustain progress in their communities.
NATIONAL EQUITY FUND
EXHIBITOR | BOOTH 109
For more than three decades, National Equity Fund® has played an integral role in creating affordable housing options,
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revitalizing communities and strengthening local economies. A non-profit affiliate of LISC and leading syndicator of LIHTC, NEF has invested $14.1 billion in more than 2,584 LIHTC developments, creating 166,632 affordable homes for low-income families and individuals and 203,291 jobs nationwide. Our commitment to excellence provides our partners with everything they need to succeed. Mike Jacobs SVP Originations National Equity Fund, Inc.
[email protected] | 312-697-6166 www.nefinc.org
NEWMARK KNIGHT FRANK
CORPORATE SPONSOR & EXHIBITOR | BOOTH 211
Newmark Knight Frank’s Affordable Housing group provides advisory and brokerage services to owners of multifamily properties financed using Low Income Housing Tax Credits (LIHTC), Tax Exempt Bonds, and HUD rental/financing subsidies. We leverage our experience in financing tax exempt bonds, FHA loans and agency loans for affordable housing. A successful exit strategy for affordable housing requires diligence and experience navigating through various partnership agreements, regulatory agreements and subsidy agreements (HAP Contracts). Cliff McDaniel Executive Managing Director
[email protected] | 713-425-5404 www.ngkf.com
NORTHMARQ CAPITAL
CORPORATE SPONSOR
NorthMarq Capital is the largest privately held commercial real estate financial intermediary in the US providing debt, equity and commercial loan servicing through its 37 offices nationwide. The company has built long-term relationships with life companies, CMBS platforms, local, regional and national banks, and has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes more than $13 billion in commercial real estate loans annually and services a loan portfolio of more than $47 billion. Paul Cairns SVP/Managing Director Capital Services (952) 356-0083
[email protected] www.northmarq.com
OHIO CAPITAL CORPORATION FOR HOUSING
GOLD SPONSOR
The Ohio Capital Corporation for Housing (OCCH) is a nonprofit financial intermediary based in Columbus, Ohio that works with private and public developers to create affordable housing opportunities. OCCH is an independent nonprofit organization with its own board of directors. Its mission is “to cause the construction, rehabilitation, and preservation of affordable housing.” OCCH’s core activity is raising private capital from corporations for investment in affordable housing developments utilizing the Low-Income Housing Tax Credit Program. As a “syndicator” of these tax credit transactions, OCCH performs long-term asset management and related activities for its investors, developers, and property managers. OCCH has raised over $4 billion in equity investment, financed more than 45,000 units of affordable housing, and assisted in the creation of more than 800 affordable housing projects. Hal Keller President
[email protected] | 614-224-8446
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www.occh.org
PARTNER ENGINEERING AND SCIENCE, INC.
CORPORATE SPONSOR
Partner provides engineering, environmental and energy for HUD, RAD, Freddie/Fannie, and state-specific tax-credit agency projects. Partner offers certified energy audits through Fannie Mae’s Multifamily Green Financing, and has the deepest bench of registered engineers that meet the new ASTM qualifications for Level 1 assessments. Partner’s expertise and breadth of capabilities within the affordable housing market position them as an integral part of the project team for development, rehabilitation, and financing transactions for their clients nationwide. Scott Chiu Relationship Manager
[email protected] | 800-419-4923 www.PARTNEResi.com
PGIM
EXHIBITOR | BOOTH 217
PGIM Real Estate Finance, the commercial mortgage business of PGIM, is an international full-service, commercial and multifamily mortgage finance business with $93.6 billion in assets under management and administration as of March 31, 2018. Leveraging a 140-year history of real estate finance, the company offers one of the most comprehensive lines of real estate finance products and originates loans for Fannie Mae DUS®, Freddie Mac and specialized affordable housing programs; FHA; Prudential’s general account; and other institutional investors. Mark Eidson Principal, Affordable Originations
[email protected] | 404-704-8919 4350 Fairfax Drive, Suite 700, Arlington, VA 22203 www.pgimref.com
PLANTE MORAN
EXHIBITOR | BOOTH 405
Plante Moran is among the nation’s largest certified public accounting and business advisory firms. Its nationally recognized Housing and Community Development Solutions Group is led by professionals from the firm’s real estate, construction, and not-for-profit practices who specialize in the complex business and tax issues of the housing and community development industry. The practice serves over 1,000 industry clients and specializes in New Markets, historic, and low-income housing tax credits. Rob Edwards Partner
[email protected] | 517-336-7460 Plantemoran.com
PNC REAL ESTATE
CORPORATE SPONSOR
PNC Real Estate is a leading provider of banking, financing and servicing solutions for commercial real estate clients across the country. Our comprehensive array of capabilities includes acquisition, construction and permanent financing for public and private developers and investors; agency financing for multifamily and seniors housing properties; and debt and equity capital for the affordable housing industry. And, through Midland Loan Services, we provide third-party loan servicing, asset management and technology solutions. PNC Real Estate www.pnc.com/realestate
PORTFOLIO RESIDENT SERVICES
EXHIBITOR | BOOTH 101
Portfolio Resident Services, Inc. (PRS) is a 501 (c) (3) non-profit organization improving the lives of families/individuals/ seniors who reside at affordable (low to moderate income) apartment communities. PRS designs, staffs, implements, and tracks programs that proactively assist residents in both the short and long term. Our efforts focus on not only meeting LURA requirements but building community within the properties we serve. This translates into a higher cash flow by reducing expenses and stabilizing occupancy.
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Melinda Frazer
[email protected] | 713-808-1988
[email protected]
PROPP CHRISTENSEN CANIGLIA LLP
EXHIBITOR | BOOTH 415
Propp Christensen Caniglia LLP (PCC) is a boutique, full-service accounting firm recognized for providing personal, customized services to owners, developers and investors in real estate and affordable housing—including HUD, USDA/ RD and Low Income Housing Tax Credits. Our team is known for building trusted, long-term relationships with those we serve and for timely responses to our clients’ needs. We serve projects across the country based on our core values of professionalism, accuracy, creativity and timeliness (PACT). Jackie Propp 9261 Sierra College Boulevard Roseville, CA 95661
[email protected] www.pccllp.com
R4 CAPITAL
EXHIBITOR | BOOTH 305
R4 Capital is a nationwide affordable housing tax-credit syndicator, lender, and asset manager. Since 2012, R4 Capital has raised more than $2.2 billion of LIHTC equity from nearly 70 institutional investors in 14 multi-investor funds and seven proprietary funds. In 2016, R4 Capital launched R4 Capital Funding, a tax-exempt lending business that provides mortgage capital for affordable multifamily housing properties. Since inception, R4 Capital Funding has closed over $450 million of tax-exempt bonds. Marc Schnitzer President, Chief Executive Officer
[email protected] | 646-576-7659 www.r4cap.com
RAYMOND JAMES TAX CREDIT FUNDS, INC.
EXHIBITOR | BOOTH 212
Raymond James has been a sponsor and syndicator of affordable housing since 1969. With the inception of the tax credit program in 1986, we launched our Tax Credit Funds group, which has since become the largest syndicator of low income housing tax credits in the United States raising in excess of $1 billion annually. To date, Tax Credit Funds and has raised more than $9 billion in equity for 2,000 properties. A proven partner to institutional investors, the group’s resources include extensive fiduciary expertise for client tax credit investment, considerable experience managing fund assets and an extensive network of quality developers. James Dunton VP, Managing Director of Acquisitions
[email protected] | 800-438-8088 www.rjtcf.com
RBC CAPITAL MARKETS
GOLD SPONSOR
RBC Capital Markets’ Tax Credit Equity Group provides equity capital by utilizing federal and state LIHTC, HTC, NMTC and RETC programs. Our team of over 100 professionals has raised over $9.4 billion of equity including $650MM in RBC RETC Direct Investments, with 922 assets under administration nationwide. Our experienced specialists identify strategic investments and design equity structures that serve the long term interests of all our partners, investors,
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developers and public housing authorities. Anthony J. Alfieri Managing Director
[email protected] | 216-875-6046 rbccm.com/tceg Craig S. Wagner Managing Director
[email protected] | 980-233-6459 rbccm.com/tceg
RDL ARCHITECTS
EXHIBITOR | BOOTH 121
RDL Architects’ leadership in workforce housing and senior independent living markets has helped sponsors, developers, and investors achieve success for almost 25 years. Our commitment to sustainable planning, placemaking, architecture and interior design promotes environmental quality, economic vitality and social benefits for communities that need it most. Our history of service under numerous public and private funding programs has garnered RDL Architects over 35,000 units of new residential | mixed-use communities and revitalized neighborhood developments throughout the country. Rebecca Horton Marketing Director Office - 216.752.4300 | Cell - 216.403.1328
[email protected] www.rdlarchitects.com
REALPAGE, INC.
EXHIBITOR | BOOTH 317
RealPage is a leading provider of Affordable Property Management Solutions that supports simultaneous compliance for HUD, Tax Credit, Rural and Public Housing properties. With over two decades of service in the affordable industry, our easy-to-use platform streamlines compliance, increases operational efficiencies and provides operational and financial transparency across your portfolio. Learn how we can help you mitigate risk and manage revenue to build your business and your communities. RealPage, Inc. 1-877-325-7243
[email protected] www.realpage.com
RED CAPITAL GROUP
GOLD SPONSOR & EXHIBITOR | BOOTH 204
Recognized for its industry expertise, innovative and comprehensive structures, and consistently high rankings, RED Capital Group, LLC has provided over $78 billion of integrated debt and equity capital since 1990 to the seniors housing and health care, multifamily, affordable, and student housing industries through three operating companies. RED Mortgage Capital, LLC is a Fannie Mae DUS® and MAP- and Lean-approved FHA lender with a mortgage servicing portfolio exceeding $17 billion. RED Capital Markets, LLC (MEMBER FINRA/SIPC) is active in the distribution of Fannie Mae and Ginnie Mae Project MBS, and provides structuring, underwriting, placement, and advisory services for tax-exempt and taxable housing and health care bonds. RED Capital Partners, LLC provides proprietary debt and equity solutions, and asset management in a range of forms, including subordinated gap and bridge loans. RED Capital Group, LLC is a subsidiary of ORIX Corporation USA. Tracy W. Peters Senior Managing Director
[email protected] | 614-857-1656 redcapitalgroup.com
RED STONE
EXHIBITOR | BOOTH 309
Red Stone Tax-Exempt Funding LLC (“Red Stone”) operates and manages real estate investment funds which provide senior,
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mezzanine, and equity financing for the preservation and new construction of affordable multifamily rental properties throughout the United States. Since Red Stone’s inception in 2002, Red Stone has closed on affordable transactions totaling more than $5.5 billion in capital which have provided financing for over 49,000 multifamily rental units nationwide. Through its core proprietary direct bond purchase program, Red Stone Direct, the Company’s mission is to consistently provide innovative and competitive financing products and solutions to developers and owners who acquire, refinance, and develop affordable multifamily properties. Red Stone is headquartered in New York, NY. Cody Z. Langeness President Red Stone Tax Exempt Funding
[email protected] | 212-277-6427 www.redstoneco.com
RED STONE EQUITY PARTNERS
EXHIBITOR | BOOTH 410
Red Stone Equity Partners , LLC is a leading real estate investment firm specializing in the syndication of Housing Tax Credits and renewable Energy Tax Credits to facilitate the development of affordable multifamily rental and renewable energy projects, respectively. Senior Management has more than 100 years of combined tax credit equity syndication experience, and has collectively raised and invested more than $15 billion of tax credit equity. Red Stone Equity has regional offices in Boston, Charlotte, Chicago, Cleveland, Los Angeles, New York and San Diego. Ryan Sfreddo Principal | Managing Director | Investor Relations
[email protected] | 212-225-8300 www.rsequity.com
RIVERSIDE CAPITAL
SILVER SPONSOR
Riverside Capital is a privately held, full-service real estate investment company specializing in providing investment capital and asset management services for high quality affordable housing developments. Developers can trust our financing expertise to deliver the best financing and syndication solutions and investors can be assured of our commitment to long-term value. Trust, Transparency, and Technology at your service. Sebastian Corradino President
[email protected] | 856-355-4648 www.riverside.capital
ROCKPORT MORTGAGE CORPORATION
EXHIBITOR | BOOTH 120
A leading, national provider of multifamily financing solutions, Rockport Mortgage Corporation specializes in channeling the collective resources and functional expertise of our team to assist clients in navigating the complexities of real estate finance, and the HUD/FHA-insured finance programs. Our singular focus on FHA-insured loan programs is our greatest strength, allowing us to leverage the significant programmatic advantages that FHA provides to the benefit of our clients. Eric Lubershane Partner
[email protected] | 978-675-2003 www.rockportmortgage.com
RUBINBROWN LLC
EXHIBITOR | BOOTH 312
RubinBrown LLP is a CPA and consulting firm offering a full range of audit, tax and consulting services. RubinBrown’s Real Estate Service Group provides specialized services to clients throughout the U.S. related to low-income housing tax credits, historic rehabilitation tax credits, new markets tax credits, renewable energy tax credits, and HUD and other governmental programs. RubinBrown has offices in Denver, CO, Kansas City, MO, Las Vegas, NV, Nashville, TN and St. Louis, MO and is the 46th largest accounting firm in the U.S. Bryan Keller, Partner One North Brentwood Blvd.
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314.290.3300 | 314.290.3400
[email protected] www.rubinbrown.com
STIFEL, NICOLAUS & COMPANY
SILVER SPONSOR
Stifel, Nicolaus & Company, Incorporated, founded and headquartered in St. Louis, Missouri, in 1890, is a subsidiary of Stifel Financial Corp., a publicly held company traded on the New York Stock Exchange. Stifel now has more than 7,400 employees in 359 offices globally with $2.6 billion in annual revenue. Stifel has long established itself as a leading underwriter of multifamily housing bonds. As a national leader in multifamily housing finance, we help our clients achieve strategic objectives through comprehensive investment banking services, in-depth housing sector knowledge, debt structuring, and trading expertise. Dan Dill Managing Director
[email protected] Stifel.com
SVN AFFORDABLE | LEVENTAL REALTY
CORPORATE SPONSOR
SVN Affordable | Levental Realty is a nationally recognized leader in the niche market of Affordable Housing brokerage focusing solely on valuing, marketing and selling Project-Based Section 8 and Section 42 housing through our national platform and proprietary database. Our financial, regulatory and statutory expertise, paired with our strategic alliance of industry professionals, allows us to successfully identify a customized disposition strategy and transaction structure that ensures maximum value and minimal risk for our clients. Gene Levental Managing Director
[email protected] | 513-321-7589 www.svn-ahg.com
SUNTRUST COMMUNITY CAPITAL
EXHIBITOR | BOOTH 206
SunTrust Community Capital has supported the affordable housing industry since 1990. To date, we have financed approximately 50,000 low to moderate income housing units through commitments of over $3 billion in debt and equity to these types of projects. Additionally, over $800 million in flexible and non-traditional financing has been invested in other community revitalization efforts through our New Markets Tax Credit program. Pillar, a division of SunTrust, is a direct lender for multifamily, manufactured housing and healthcare properties, serving clients across the U.S. in 14 major markets. The company’s lending platform consists of Fannie Mae, Freddie Mac and HUD products. Donna Kelce Senior Vice President SunTrust Community Capital, LLC
[email protected] | 407-237-5019 www.suntrust.com Justin Ginsberg Commercial RE Banker Pillar Finance
[email protected] | 212-326-3125 www.pillarfinance.com
TCAM
EXHIBITOR | BOOTH 406
TCAM is an independent investment manager, providing asset management, advisory and consulting services to owners
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and funders of affordable housing. TCAM’s clients include owners, lenders, investors, guarantors and syndicators. They are banks, investment banks, insurance companies, corporations, foundations, city and state housing agencies, housing authorities, investment funds and developers.
TIDWELL
EXHIBITOR | BOOTH 111
Tidwell Group, LLC is a full-service accounting and consulting firm with expertise serving clients in all aspects of the real estate industry throughout the United States. Our experienced professionals serve all asset classes within the affordable housing, conventional real estate, and not-for-profit industries. Within the affordable housing industry our expertise ranges from low income housing tax credits, bond and conventional financing, HUD compliance and reporting and USDA-Rural Development compliance and reporting. Our focus is developing long term client relationships through value driven results.” Brent Barringer Office Managing Partner - Birmingham
[email protected] | 334.663.4523 www.tidwellgroup.com
US BANK
SILVER SPONSOR
U.S. Bank Community Development Corporation is an active direct investor in Low-Income Housing, New Markets, Historic, and Renewable Energy Tax Credits with a portfolio exceeding $27.5 billion. Our resources and expertise allow us to work closely with development teams and provide a full menu of competitive construction and permanent loans, as well as LIHTC, historic and solar equity for the construction and rehabilitation of rental housing. We are committed to the betterment of communities across the United States. Beth Stohr Director New Production— Affordable Housing Tax Credit Investments
[email protected] | 314-335-2626 U.S. Bancorp Community Development Corporation 1307 Washington Ave., Suite 300 St. Louis, MO 63103
WALKER & DUNLOP
EXHIBITOR | BOOTH 105
Walker & Dunlop is one of the largest commercial real estate finance companies in the United States providing financing and investment sales to owners of multifamily and commercial properties. Our comprehensive suite of financing solutions allows us to originate loans for our own balance sheet and investment partnerships, or for sale to Fannie Mae, Freddie Mac, HUD, life insurance companies, banks and CMBS providers.
WELLS FARGO
SILVER SPONSOR
At Wells Fargo, we work hard to help our customers and communities succeed. As one of the nation’s largest affordable housing lenders and investors, we have a deep understanding of the industry and use that knowledge to develop competitive financial solutions for your project. Whether you need access to capital markets, construction or permanent financing, credit enhancements, or equity through the sale of tax credits, Wells Fargo can help you reach your financing goals. Alison Halley
[email protected] | 612-667-1292 wellsfargo.com/affordablehousing
Kyle M. Hansen Community Lending Manager
[email protected] | 612-303-3683 U.S. Bancorp Community Development Corporation WNC & ASSOCIATES EXHIBITOR | BOOTH 210 800 Nicollet Mall—5th Floor Minneapolis, MN 55402 WNC, founded in 1971 and headquartered in Irvine, California, is a nationwide syndicator of Low-Income Housing Tax Credits (LIHTC). WNC has acquired over $8.3 billion of assets totaling 1,300+ properties in 47 states and the U.S.
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Virgin Islands. WNC’s broad LIHTC experience includes state, historic, NMTC and Brownfield credits. Michael Byrd Vice President - Originations
[email protected] | 612-651-0020
YARDI SYSTEMS
EXHIBITOR | BOOTH 420
Yardi software supports affordable housing providers with compliance solutions for all major subsidies, including Low Income Housing Tax Credits and HUD programs. Built on the Voyager 7S platform, the Yardi Affordable Housing Suite™ provides mobile access on all major web browsers, including those on handheld devices. Yardi provides back-office solutions for accounting, property management, and compliance as well as resident-facing software for online housing applications, payment processing, maintenance requests, renters insurance, and much more. Boone Atkins
[email protected] www.yardi.com
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SPONSOR & EXHIBITOR PROFILES Creative solutions, tailored to fit your financial needs. We collaborate with every client, colorfully weaving together industry expertise, creative solutions, and an entrepreneurial approach to best fit your needs and empower you to do what you do best. FHA MAP Fannie Mae DUS® Freddie Mac Small Balance Balance Sheet Direct Lending Bond Financing* USDA Section 538
redcapitalgroup.com ahflive.com | 39 *Services provided by Red Capital Markets, LLC (Member FINRA/SIPC) and its registered representatives. DUS® is a registered trademark of Fannie Mae.
