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HUD Multifamily Housing Compliance Conference: What Every Tax
Credit Investor, Loan Servicer and Borrower Needs to Know
The Westin Arlington Gateway
Arlington, VA
May 10 - 11, 2007
Who Should Attend
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Owners and Managers
of HUD-insured or HUD-subsidized multifamily housing projects.
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Lenders and Investors
with financial interests in HUDmultifamily properties.
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Public Housing Authority Officials
engaged in property management and financial accounting.
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Attorneys and Accountants advising owners, managers, lenders
and investors with interests in HUD-assisted and/or -insured housing projects.
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Why You Should Attend
While HUD programs have been a significant foundation to multifamily properties
for the past 70 years, recent activity in the Department has attracted new
borrowers and lenders. At the same time, HUD's official and unofficial
requirements - what is commonly known as HUD "lore" - have increased
exponentially resulting in successful programs burdened with criticism and
violation enforcement from the Department. This charged environment costs
borrowers and lenders thousands of dollars as they are forced to demonstrate
compliance or are fined for what some industry observers would classify as
merely "technical violations."
This seminar will provide a basic description of HUD multifamily programs and
compliance requirements for new borrowers, as well as offer tips for more cost
effective asset management.
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The Speakers
Cash Gill
Vice-President
Operations & Management
Gill Group
Dexter, MO
Richard S. Goldstein, Esq. [
bio ]
Partner
Nixon Peabody LLP
Washington, DC
Jonathan W. Greenbaum, Esq. [
bio ]
Partner
Nixon Peabody LLP
Washington, DC
Matthew James
Greystone & Co., Inc.
New York, NY
Michael G. Johnson
Vice President
Wells Fargo
McLean, Virginia
Harry J. Kelly, Esq. [
bio ]
Partner
Nixon Peabody LLP
Washington, DC
Kelly Kramer, Esq. [
bio ]
Partner
Nixon Peabody LLP
Washington, DC
Richard Michael Price, Esq. ** [
bio ]
Partner
Nixon Peabody LLP
Washington, DC
Michael H. Reardon, Esq. [
bio ]
Partner
Nixon Peabody LLP
Washington, DC
Neil J. Rosen
NJR Real Estate Consulting Services LLC.
Virginia Beach, VA
Anthony Ruvolo [
bio ]
Nixon Peabody LLP
Washington, DC
Karen K. Smith, CPA
Reznick Group, P.C.
Bethesda, MD
Monica Hilton Sussman, Esq. ** [
bio ]
Partner
Nixon Peabody LLP
Washington, DC
**Planning Committee
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Agenda
Thursday, May 10, 2007
8:00 A.M.
Registration and Networking Breakfast
9:00 A.M.
The Basics: A History of HUD, FHA and Low Income Housing Tax Credits Compliance
and Enforcement Tools
This panel will address potential civil and criminal pitfalls, including civil
money penalties, Limited Denial of Participation (LDP), suspension and
debarment, False Statements, recapture and other basics with respect to HUD and
Low Income Housing Tax Credit (LIHTC) programs.
10:30 A.M.
Coffee Break
10:45 A.M.
Previous Participation Clearance: Current Issues for the 2530/APPS Processes
Any new HUD multifamily transaction starts with an electronic s ubmission for
each company and most - or all - of its officers through the HUD Form 2530
process. This is a gatekeeper regulation process that affects developers,
syndicators, investors, management companies and consultants. This session will
address the where, why and how of processing through the Active Participants
Process System (APPS) and reporting and resolving flags with the Multifamily
Participation Review Committee (MPRC).
12:15 PM
Complimentary Networking Lunch
1:30 PM
HUD Business Agreements as Non-Procurement Government Contracting: How
Government Contract Aspects Affect Your Real Property Rights
It's your project, but is it really? This session will address audit and
accounting basics as well as how and when to use project funds, other loans,
repayments, fees and distributions.
3:00 PM
Coffee Break
3:15 PM
Nonrecourse HUD Deals
So you closed your nonrecourse HUD deal. Now what? And is it really nonrecourse?
This session will focus on:
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The Real Estate Assessment Center (REAC)
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Management Inspections
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Criminal and drug activity
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Owner issues for site
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Market and other financial shortfalls
4:15 PM
Tax Credit and HUD Programs Rent and Income Levels
This session will focus on:
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Rent Increases
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Housing Assistance Payment (HAP) Renewal, Assignment
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Use Agreement
5:15 PM
Transfers of Physical Assets: Changes in Control of the Project Owner
This session will focus on Housing Assistance Payment (HAP) Assignments and how
the new HUD "lore" will affect your future.
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Other changes in control of the project owner
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HAP Assignments
5:45 PM - 7:00 PM
Networking Cocktail Party for all Participants and Speakers
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Friday, May 11, 2007
9:00 A.M.
Networking Breakfast
9:30 A.M.
Overarching Federal Requirements
HUD agreements usually incorporate a wide range of additional federal
obligations. This session will provide a foundational understanding of fair
housing, accessibility, occupancy, lead-based paint and labor standards.
11:00 AM
Coffee Break
11:15 AM
When Bad Things Happen To Good People: Case Studies in Obstacles and
Opportunity
This session will examine the "dos" and "don'ts" when working with HUD asset
management, the Departmental Enforcement Center (DEC), the Inspector General
(IG) and the U.S. Attorney. It will also examine the potential penalties and
HUD Enforcement today.
12:15 PM
Conclusion of Program
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Instructional Information
Course level: This seminar is designed for individuals with at least a
basic knowledge of HUD-assisted properties and is intended as an overview of
current policies and practices.
Prerequisites:Other than a practical familiarity with the topic under
discussion, there are no formal pre-requisites for this program, nor
is any specific advanced preparation required.
Teaching Methods: All sessions will be presented by on-site speakers and
will include individual presentations, panel discussions, question-and-answer
periods and workshops. A book of reference materials will be distributed to
each registrant during the program.
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Accreditation
IPED, Inc. will seek approval for continuing legal education credits on an
as-needed basis. Please indicate on your registration form if you need these
credits. State bar associations have the final authority on the acceptance of
individual courses, and IPED will do everything to ensure these requirements
are met when seeking approval.
IPED, Inc. is registered with the National Association of State Boards of
Accountancy (NASBA) as a sponsor of continuing professional education on the
National Registry of CPE Sponsors. State boards have final authority on the
acceptance of individual courses for CPE Credits. Complaints regarding
registered sponsors may be addressed to the National Registry of CPE Sponsors,
150 Fourth Avenue North, Nashville, TN 37219-2417,
www.nasba.org.
In accordance with the standards of the National Registry of CPE sponsors this
course has been granted 10 CPE Credits.
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Registration Information
IPED, Inc. accepts the following forms of payment: Visa, Mastercard and check. American
Express is not accepted. Payments must be made by check or credit card
in advance of the program. Registration and payment must be received by May 3,
2007 to ensure your place is held at the conference. There are no exceptions to
this policy.
Fees and payment
$695 General Registrant $595 Non-Profit Organizations (please provide proof of
501(c)(3) status)
Register by April 20, 2007 and save $350.00!This discount cannot be combined
with group discounts.
Recommended Dress: Business Casual Attire
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Group discounts
For 3-5 attendees, deduct $50 per person from the applicable rate. For 6 or more
attendees, deduct $100 per person. To receive this rate, you must register all
individuals together in one transaction. This discount cannot be combined with
early registration discount. If you have any questions please call
202-331-9230.
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Conference Site and Hotel Information
The Westin Arlington Gateway
801 North Glebe Road
Arlington, VA 22203
888-627-7076 / 703-717-6200, www.westin.com
IPED, Inc. has secured a block of rooms exclusively for IPED attendees and
speakers at the conference hotel for a rate of $229 per night for a single or
double occupancy through April 30, 2007. Reservations made after April 30 will
be taken on a space-available basis only and rates may vary. To secure the
special seminar rate, we highly recommend you book early. Please reference IPED
when making your reservations. For reservations, please contact the hotel
directly at 888-627-7076 or 703-717-6200.
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Cancellation Information
Cancellations must be made in writing and must be received in the IPED office no
later than 10 business days prior to the conference. A $150 administrative fee
will be deducted from all refunds received in writing 10 business days prior to
the conference. Any cancellations received less than 10 business days prior to
the conference, or any confirmed registrants who fail to attend, will be
charged the entire registration fee. Option: If you have paid
for a conference but find you are unable to attend and have missed the date for
a refund, IPED will allow you to transfer your payment and registration to a
future IPED conference for a $50 transfer fee. We will honor your original
payment and registration for any conference within 6 months of the date of the
original conference. If you have comments, ques¬tions or concerns, please call
202-331-9230.
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Artwork at top of page: Cover illustration © Annsunnyday; Agency: Dreamstime.com
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| Price each: |
General: $345.00 thru April 20th
Non-profit: $297.50 thru April 20th |
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Total
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General: $345.00 thru April 20th
Non-profit: $297.50 thru April 20th
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