Novogradac & Company LLP Announces Its Credit & Bond Financing for Affordable Housing Conference May 17-19 in Dallas

Apr 11, 2001, 01:00 ET from Novogradac & Company LLP

    DALLAS, April 11 /PRNewswire/ -- Novogradac & Company LLP will host its
 Credit & Bond Financing for Affordable Housing Conference, May 17-19 at the
 Omni Mandalay Hotel in Dallas.
     Over the last year, the affordable housing industry has undergone enormous
 change.  Responding to intense constituent pressure, lawmakers passed
 legislation that increased the low-income housing tax credit (LIHC) and
 private activity bond caps by about 40 percent.  Meanwhile, both rental
 housing production programs experienced major policy and administrative
 changes.
     Novogradac & Company LLP's Credit & Bond Financing for Affordable Housing
 Conference will examine how these changes will affect affordable housing in
 future years.  "The cap expansions marked a major victory for those in need of
 affordable housing," said Michael J. Novogradac, CPA, managing partner at
 Novogradac & Company LLP, a national certified public accounting and
 consulting firm that specializes in affordable housing.  "We will explore how
 this increase, coupled with a slowing economy and the IRS' harder line on
 affordable housing, may affect how we build affordable housing."
     The conference will feature keynote luncheon speaker Daisy Stiner,
 executive director of the Texas Department of Housing and Community Affairs,
 the agency responsible for allocating $27 million in LIHCs this year.
     The conference will assemble developers, policymakers, attorneys, lenders,
 and state and local housing officials to explore how to put together a
 successful affordable housing transaction.  New session topics include the
 New Markets Tax Credit, mixed-income/mixed-use developments, and the energy
 crisis' impact on affordable housing.
     The Credit & Bond Financing for Affordable Housing Conference is sponsored
 by PW Funding/Kasper Mortgage Capital, a national Fannie Mae DUS and FHA
 lender specializing in affordable housing transactions; Simpson Housing
 Solutions, LLC, one of the nation's largest affordable housing developers and
 investors in tax credit communities; Fulbright & Jaworski LLP, a national
 full-service law firm with an active tax-exempt bond practice; and EZCloser, a
 web-based transaction management firm.
     San Francisco-based Novogradac & Company LLP is a national certified
 public accounting and consulting firm that specializes in affordable housing.
 With offices in San Francisco; Atlanta; Austin, Texas; Kansas City, Mo.; and
 Washington, D.C., the firm provides a full spectrum of attest, tax, valuation,
 market research and consulting services to affordable housing developers,
 syndicators, lenders and investors.
 
 

SOURCE Novogradac & Company LLP
    DALLAS, April 11 /PRNewswire/ -- Novogradac & Company LLP will host its
 Credit & Bond Financing for Affordable Housing Conference, May 17-19 at the
 Omni Mandalay Hotel in Dallas.
     Over the last year, the affordable housing industry has undergone enormous
 change.  Responding to intense constituent pressure, lawmakers passed
 legislation that increased the low-income housing tax credit (LIHC) and
 private activity bond caps by about 40 percent.  Meanwhile, both rental
 housing production programs experienced major policy and administrative
 changes.
     Novogradac & Company LLP's Credit & Bond Financing for Affordable Housing
 Conference will examine how these changes will affect affordable housing in
 future years.  "The cap expansions marked a major victory for those in need of
 affordable housing," said Michael J. Novogradac, CPA, managing partner at
 Novogradac & Company LLP, a national certified public accounting and
 consulting firm that specializes in affordable housing.  "We will explore how
 this increase, coupled with a slowing economy and the IRS' harder line on
 affordable housing, may affect how we build affordable housing."
     The conference will feature keynote luncheon speaker Daisy Stiner,
 executive director of the Texas Department of Housing and Community Affairs,
 the agency responsible for allocating $27 million in LIHCs this year.
     The conference will assemble developers, policymakers, attorneys, lenders,
 and state and local housing officials to explore how to put together a
 successful affordable housing transaction.  New session topics include the
 New Markets Tax Credit, mixed-income/mixed-use developments, and the energy
 crisis' impact on affordable housing.
     The Credit & Bond Financing for Affordable Housing Conference is sponsored
 by PW Funding/Kasper Mortgage Capital, a national Fannie Mae DUS and FHA
 lender specializing in affordable housing transactions; Simpson Housing
 Solutions, LLC, one of the nation's largest affordable housing developers and
 investors in tax credit communities; Fulbright & Jaworski LLP, a national
 full-service law firm with an active tax-exempt bond practice; and EZCloser, a
 web-based transaction management firm.
     San Francisco-based Novogradac & Company LLP is a national certified
 public accounting and consulting firm that specializes in affordable housing.
 With offices in San Francisco; Atlanta; Austin, Texas; Kansas City, Mo.; and
 Washington, D.C., the firm provides a full spectrum of attest, tax, valuation,
 market research and consulting services to affordable housing developers,
 syndicators, lenders and investors.
 
 SOURCE  Novogradac & Company LLP