Institute for Responsible Housing Preservation
Preserving Affordable Housing: Transforming Communities
The Roosevelt Hotel – January 18, 2017
8:00 AM—9:00 AM Breakfast and Registration
9:00 AM—10:15 AM Washington DC Update
Moderator: Steve Wallace
Gasson/Moss/Muha/Sussman
A comprehensive review of affordable housing and tax credit legislative and policy initiatives on Capitol Hill and HUD, including President-elect Trump’s plans for affordable housing, 2017 HUD appropriations and the potential for tax reform.
10:15 AM—10:30 AM Break
10:30 AM—11:30 AM Equity and Debt: The Latest Financing Trends
Moderator: Alex Viorst
Kelcher/Maxwell/Napolitano/Smith
Debt and equity providers will offer an update on the trends in the post-election marketplace, including equity pricing predictions, interest rates, investor outlook/concerns and FHA.
11:30 AM – 12:15PM
Private Equity in Affordable Housing Deals
Moderator: Aaron Yowell
Gropper/Harrison
Private equity investors and affordable housing developers are increasingly finding productive ways to work together. We will discuss both the challenges and opportunities in using these innovative deal structures to spur affordable housing preservation.
12:15 PM—1:30 PM Complimentary Luncheon
1:30PM – 1:45pm Election Reflections and Impact on Affordable Rental Housing
Chuck Edson
Senior counsel Chuck Edson will share his thoughts on the 2016 election and its impact on the affordable housing preservation industry moving forward in a new political environment.
1:45 PM—2:45 PM New York State/New York City Housing Officials
Moderator: Deborah VanAmerongen
Enderlin/Goddard/Park/Zucker
Senior state and city housing officials discuss how these innovative agencies in New York are responding to the challenge of doing more with less and working to preserve vital affordable housing.
2:45 PM—3:45PM View from HUD
Moderator: Steve Wallace
Davis/Sokolow
Senior HUD officials from Washington and New York will discuss new policy initiatives in affordable housing preservation including Section 8, RAD and the HUD reorganization.
3:45 PM – 4:00 PM Break
4:00PM – 5:00PM Preservation Transactions: Getting It Done!
Moderators: John Kelly and Joe Lynch
Camerata/Flaherty
A candid discussion of doing deals in New York and elsewhere in the current environment. Discussion points include structuring a preservation transaction and a review of the key issues in preserving the aging federal and state assisted housing portfolio.
5:00 PM—6:30 PM Networking Reception
Co-Chairs
Alex Viorst, Prudential
Stephen J Wallace, Nixon Peabody LLP
Invited Speakers
Susan Camerata, Wavecrest Management Team Ltd
Tom Davis, HUD
Charles L Edson, Nixon Peabody LLP
Eric Enderlin, HDC
Tim Flaherty, Flaherty Salmin CPAs
David Gasson, Boston Capital
Deborah Goddard, EVP for Capital, NYCHAdv
Rick Gropper, Camber Property Group
Louis A Harrison, Belveron Partners
Angela Kelcher, Fannie Mae
John Kelly, Nixon Peabody LLP
Joe Lynch, Nixon Peabody LLP
Thomas Maxwell, RBC Capital Markets
Bob Moss, CohnReznick
Denise Muha, National Leased Housing Association
Steve Napolitano, Boston Financial
Molly Park, NYC Department of Housing Preservation and Development
Shaun Smith, FreddieMac
Arden Sokolow, HUD
Deborah VanAmerongen, Nixon Peabody LLP
Aaron Yowell, Nixon Peabody LLP
Marian Zucker, New York State Homes and Community Renewal