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Upcoming Event
Sponsored by the Office of the Comptroller of the Currency, the Federal Home Loan Bank of San Francisco with the support of the Federal Reserve Bank of San Francisco
Thursday, October 23, 2008
8:30 a.m. – 12:00 p.m.
8:15 a.m. – Breakfast
8:30 a.m. – Registration
9:00 a.m. to 12:00 p.m. – Training
Parking is available at several public lots across the street at the corners of Olympic Blvd. and Grand Avenue or Olympic and Olive Street. For identification: registrants are asked to provide a picture ID and to please not bring a camera phone.
There is no charge, but advanced registration is required to gain access to premises. Space is limited, please register by before noon on October 20, 2008. Registration systems will automatically shut off after this time.
Questions: Contact Melody Winter Nava, 213-683-2932. |
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| Event Description |
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The Office of the Comptroller of the Currency, the Federal Home Loan Bank of San Francisco and the San Francisco Fed are sponsoring a half day forum on Low Income Housing Tax Credits at the Fed in Los Angeles. Please join us for a clear and succinct explanation of the LIHTC program presented by developers, syndicators, accountants, and regulators. The intended audience is bankers and nonprofit organizations involved in multifamily lending and related tax credit investments.
AGENDA
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| 8:15 a.m. |
Registration/Breakfast |
9:00 a.m. |
Welcome/Melody Winter-Nava, Regional Manager, Federal Reserve Bank of San Francisco, and Barry Wides, Deputy Comptroller Community Affairs, OCC |
9:10 a.m. |
What is a LIHTC? The Basics of Tax Credits
Terence Kimm, CPA, Reznick Group, P.A. |
9:40 a.m. |
Who Uses Tax Credits? The Developer’s Perspective
Ben Phillips, Vice President and Regional Manager, Mercy Housing |
10:00 a.m. |
Affordable Housing Program (AHP) and Community Investment Program (CIP): How a Bank Can Sponsor Both
Jim Yacenda, Vice President, Federal Home Loan Bank of San Francisco |
| 10:20 a.m. |
Break |
| 10:30 a.m. |
Investing in a Low Income Housing Tax Credit Fund
Sy Garban, Senior Vice President Institutional Investments, WNC & Associates |
| 10:50 a.m. |
Why Banks Invest in LIHTCs-The Regulatory Perspective, Barry Wides, OCC |
| 11:10 a.m. |
Q&A Session |
| 11:55 a.m. |
Closing Comments, Barry Wides, OCC |
| 12:00 p.m. |
Adjourn |
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