INSTITUTE for RESPONSIBLE HOUSING PRESERVATION Presents

INSTITUTE FOR RESPONSIBLE HOUSING PRESERVATION presents Preserving Affordable Housing: Challenges and Opportunities

Day One – September 27, 2017 8:00 – Registration and Continental Breakfast

8:30a-9:45a Washington Update Moderator: Wallace Cadik/Gasson/Muha/Sussman Our Capitol Hill and HUD experts will present a comprehensive review of affordable housing and tax credit legislative and policy initiatives, including pending LIHTC legislation, potential tax reform, status of FY2018 HUD appropriations bills, implementation of unlimited distributions for LIHPRHA deals, vouchers for maturing FHA loans and other emerging preservation trends and policies.

9:45a-10:45a The View From HUD Moderator: Sussman/Wallace Castro HUD officials are invited to discuss new policy initiatives and how to work with HUD multifamily as it reorganizes its offices and streamlines its processes.

10:45a-11:00a Break

11:00a-12:00p The Complexities of Renewing your Section 8 Contract Moderator: Wallace Cushman/Muha/Sussman A comprehensive review of ongoing changes and updates (published and unpublished) to the Section 8 renewal guide including early termination of Section 8 contracts, increased distributions, exception rents, and post rehab rents - even day 1 post rehab rents.

12:00p-1:00p Market Outlook and Preservation Opportunities Moderator: Wallace Davis/Petro/Thielen A look at the national affordable rental housing markets, emerging opportunities and trends to preserve the LIHTC and HUD portfolios.

6:15p -7:30p Networking Reception Join all faculty and attendees at a networking reception. INSTITUTE FOR RESPONSIBLE HOUSING PRESERVATION presents Preserving Affordable Housing: Challenges and Opportunities

Day Two – September 28, 2017

8:00 – Registration and Continental Breakfast

9:00a-10:00a Understanding HUD/FHA – A Practitioner’s Guide Moderator: Snyder Campbell/Lephew/Liou/Viorst An overview of West Region production, MAP guide underwriting, mortgage insurance premium changes, permitted scope of repair/replacement reserve schedule; environmental/HEROS and property conditions report/CAN e-tool requirements’ legal aspects related to land use, HAP contract, prepayment requirements. This panel provides current information for your existing portfolio and future acquisitions.

10:00a-11:00a Financing Your Preservation Deal Moderator: Viorst Kelcher/Neumann/Smith Debt providers will offer an update on the trends in the 2017 marketplace, including equity pricing, interest rates, lender requirements, and Fannie/Freddie issues.

11:00a-11:15a Break

11:15a-12:00p REACS, Flags and 2530s: Strategies to Keep Your Deal Moving Forward Moderator: Price Gutierrez/Precourt HUD has a renewed focus on physical and financial compliance and how to report it on the 2530 form and Active Partners Performance System (APPs). This panel will look at the new REAC Compilation Bulletin, strategies for compliance, as well as compliance points for Enterprise Income Verification (EIV) and financial audits. Our speakers will review how that effects the new HUD 2530/APPs regulations and how to deal with new protocols and standards for flags.

12:00p-1:00p Rental Assistance Demonstration Program (RAD) Update Moderator: VanAmerongen Arthur/Patton/Reardon Our panelists will discuss the intricacies and updates of the RAD program which provides new project based subsidy - including project based vouchers and project based rental assistance - to leverage private resources to preserve public housing, mod rehab and RAP/Rent Supp properties. CHAIR Stephen J Wallace, Nixon Peabody LLP

INVITED SPEAKERS Rebecca Arthur, Novogradac & Company LLP Emily Cadik, Enterprise Community Partners Ed Campbell, Nixon Peabody LLP Frank Castro, HUD Nate Cushman, Nixon Peabody LLP Paul Davis, Affordable Housing Advisors of Marcus & Millichap David Gasson, Boston Capital/Housing Advisory Group Tatiana Gutierrez, Nixon Peabody LLP Angela Kelcher, Fannie Mae J R Lephew, Partner Engineering and Science, Inc. Tony Liou, Partner Energy Denise Muha, National Leased Housing Association Kent Neumann, Eichner Norris & Neumann PLLC Richelle Patton, Tapestry Development Group Jessica Petro, Sarah’s Circle Scott Precourt, US Housing Consultants Richard Price, Nixon Peabody LLP Michael Reardon, Nixon Peabody LLP Shaun Smith, Freddie Mac Anson Snyder, Barings Multifamily Capital Monica Sussman, Nixon Peabody LLP Ronne Thielen, R4 Capital Deborah VanAmerongen, Nixon Peabody LLP Alex Viorst, Prudential