Federal Reserve Bank of San Francisco

Community Development

Low Income Housing Tax Credits Simplified

Tuesday, July 19, 2011
Wells Fargo Conference Center
100 W. Washington Street
Phoenix, AZ 85003
8:00 am - 12:00 pm

Federal Reserve Bank of San Francisco, Salt Lake City Branch
120 South State Street (SW corner of 100 South and State Street with entrance on State Street)
Salt Lake City, UT
8:00 am - 12:00 pm

Contacts

Jan Bontrager, Regional Manager
Federal Reserve Bank of San Francisco
(415) 974-3370

Susan Howard
Office of the Comptroller of the Currency
(818) 240-5175

Over the past 20 years, the Low Income Housing Tax Credit (LIHTC) has addressed the nation’s affordable housing needs by financing nearly two million low-income units.

The Office of the Comptroller of the Currency, the Federal Home Loan Bank of Seattle, the Federal Home Loan Bank of San Francisco, and the Federal Reserve Bank of San Francisco are pleased to sponsor a half-day seminar on Low Income Housing Tax Credits. We invite CRA Officers, CFOs, and for-profit and non-profit organizations involved in multi-family lending and related tax credit investments to join us for a clear and succinct explanation of the LIHTC program.

The presenters, including developers, syndicators, accountants, and regulators will address the following topics:

  • What is a LIHTC? The Basics of Tax Credits
  • Who Uses Tax Credits? The Developer’s Perspective
  • Investing in a LIHTC Fund: The Mechanics and Benefits of a LIHTC Investment
  • Why Financial Institutions Invest in LIHTCs: The Regulatory Perspective
  • Federal Home Loan Bank of Seattle’s Community Lending Programs
  • Types of Developments and Available Funding Resources

Who should attend?
CRA Officers, CFOs, and for-profit and non-profit organizations involved in multi-family lending and related tax credit investments

 

Sponsors

  • Office of the Comptroller of the Currency
  • Federal Home Loan Bank of Seattle
  • Federal Home Loan Bank of San Francisco
  • Federal Reserve Bank of San Francisco