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Survey Results

89% of attendees surveyed rated our conference better than other event of its kind

100% of attendees surveyed felt their learning objectives were met

99% of attendees surveyed found the materials to be relevant and accurate

CDE22%

Law20%

Development13%

Banking/Finance13%

Other CommunityDevelopment 2%

Lending 2%Government 2%

Investing 5%

Accounting 10%

Consulting 11%

Attendeesby

Industry Role

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Thank You to Our Co-Hosts and Sponsors

Co-Hosts

Sponsors

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NMTC 101: The Basics(subject to change)$325 with conference registration, $395 workshop only

Wed., Jan. 21, 2015, 9 a.m. – 4:15 p.m.

8 – 9 a.m.Registration and Breakfast9 – 9:30 a.m.Panel/Material Introduction, Including Audience Introductions9:30 – 10 a.m.Program and Background10:00 – 10:45 a.m.The Players and the Process10:45 – 11 a.m.Networking Break11 – 11:45 a.m.Introduction to CDEs11:45 a.m. – NoonSubstantially All and QEIsNoon – 1 p.m.Lunch Provided

1 p.m. – 1:30 p.m.Substantially All and QEIs (continued)1:30 – 2:15 p.m.Qualified Low-Income Community Investments2:15 – 2:30 p.m.Networking Break2:30 – 3 p.m.Qualified Active Low-Income Community Businesses3. – 3:15 p.m.Low-Income Communities3:15 – 3:30 p.m.Introduction to Recapture3:30 – 4:15 p.m.Case Study: The Leveraged Transaction

Advanced NMTC Concepts(subject to change)$325 with conference registration, $395 workshop only

Wed., Jan. 21, 2015, 9 a.m. – 5 p.m.

8 – 9 a.m.Registration and Continental Breakfast9 – 9:30 a.m.Overview of What Structures are Out There9:30 – 9:45 a.m.Why it Matters Where Fees and Expenses are Paid9:45 – 10 a.m.Calculating the Net Benefit10 – 10:45 a.m.QALICBs: Real Estate v. Operating Business10:45 – 11 a.m.Networking Break11 – 11:30 a.m.How to Prove True Debt11:30 a.m. – NoonManaging Exit StrategiesNoon – 1 p.m.Lunch

1 – 2:15 p.m.Managing Exit Strategies (continued)2:15 – 2:45 p.m.Overview of Original Issue Discount (OID)2:45 – 3 p.m.Networking Break3 – 3:30 p.m.Twinning with State Deals3:30 – 4 p.m.QALICB Portion of a Business – How Do I Qualify?4 – 4:30 p.m.Strategies to Overcome Common Problems with QALICB Status4:30 – 5 p.m.Q&A

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Conference Agenda (subject to change)

Thursday, Jan. 22, 20158 – 9 a.m.Registration and Networking Breakfast

9 – 9:15 a.m.

Welcome Address

Owen Gray Novogradac & Company LLP

9:15 – 9:30 a.m.Keynote Address

Rosa Martinez Associate Program Manager, CDFI Fund

9:30 – 10:30 a.m.Washington WireAs tax reform discussions continue to take shape, learn who the key players are in Congress, and hear how to make the case for the NMTC. Plus, panelists will provide an update on the status of current legislative proposals to extend the NMTC.

Michael Novogradac Novogradac & Company LLP

Alison Feighan Rapoza Associates

Jeff McMillen Akin Gump Strauss Hauer & Feld LLP

10:30 –10:45 a.m.Break

10:45 a.m. – NoonInvestor RoundtableInvestors will discuss their perspectives on the current state of new markets investing. What is investor appetite as we head into 2015, a growing economy and the changes on Capitol Hill?

John Sciarretti Novogradac & Company LLP (Moderator)

Tracy Burton Wells Fargo

Seth Bosworth Capital One

En Jung Kim Chase

Thomas Oldenburg US Bancorp CDC

Mary Thompson Bank of America Merrill Lynch

Noon – 1:30 p.m.Luncheon

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Conference Agenda (subject to change)

Thursday, Jan. 22, 2015

Breakout Session 11:30 – 2:30 p.m.NMTC Case StudyAs the saying goes, experience is often the best teacher. In that spirit, panelists will present a case study review of a real-world new markets tax credit investment. Walk through the deal’s challenges and solutions to identify strategies and best practices that can be applied to your next new markets development.

Brad Elphick Novogradac & Company LLP

Elaine DiPietro Enterprise Community Investment Inc.

Scott Hammel Husch Blackwell LLP

Joel Superfon Dudley Ventures

2:30 – 2:45 p.m.Break

2:45 – 3:45 p.m.Not-for-Profit ConsiderationsPanelists will explain educating the Board on NMTCs and explaining why it’s not “free money.”

Mike Kressig Novogradac & Company LLP

Beth Bergman Bergman and Allderdice

Darryl Jacobs Ginsberg Jacobs LLC

Brian Weaver Stinson Leonard Street

3:45 – 4 p.m.Break

4 – 5 p.m.Preparing for NMTC Allocation AwardsAwards are expected to be made in spring 2015. Learn from the experts what you can do now to secure allocation for your project.

Nicolo Pinoli Novogradac & Company LLP

Steve Kramer US Bancorp CDC

Timothy Karp Chase

Kandi Jackson NTCIC

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Conference Agenda (subject to change)

Thursday, Jan. 22, 2015

Breakout Session 21:30 – 2:30 p.m.Twinning Renewables and NMTCsFind out which renewable energy tax credits work best with the NMTC. Panelists will discuss how they are structured, community impact considerations and more.

Matt Meeker Novogradac & Company LLP

Thomas Stephens Dentons

Michael Goldman Nixon Peabody LLP

2:30 – 2:45 p.m.Break

2:45 – 3:45 p.m.Small Business Loan Funds Find out who is doing small business loan funds, the challenges they’re facing and solutions they’ve found.

Thomas Boccia Novogradac & Company LLP

David Gibson PNC Bank

Merrill Hoopengardner Advantage Capital Group

Jared Minkoff Lathrop & Gage

Bob Stephan Perkins Coie LLP

3:45 – 4 p.m.Break

4 – 5 p.m.

NMTC Compliance Hot TopicsJoin experts of the NMTC industry for a roundtable discussion about the most pressing issues and hot topics regarding NMTC compliance. This is your chance to leverage the expertise of the panel and ask your compliance questions.

Frank Buss Novogradac & Company LLP

David Brenner Husch Blackwell LLP

Laurel Tinsley McCormack Baron Salazar

Dana Weiss Squire Patton Boggs (US) LLP

5 – 7 p.m.Harborside Reception

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Conference Agenda (subject to change)

Friday, Jan. 23, 2015

8 – 9 a.m.Registration and Continental Breakfast

9 – 9:15 a.m.Keynote Address

California State Assemblyman Jose Medina, D-Riverside

9:15 – 10:15 a.m.Lessons Learned in 2014Now that 2014 is behind us, hear experts discuss the top lessons learned over the past year. Attendees will have the opportunity to offer their top lessons learned to compare with the experts.

Rebecca Darling Novogradac & Company LLP

James Howard Dudley Ventures

Scott Lindquist Dentons

Neil Faden Manatt Phelps & Phillips

10:15 – 10:30 a.m.Break10:30 – 11:30 a.m.Measuring Community Impact vs. Economic Impact Learn what community impact vs. economic impact is, how they are measured and how to use data from each.

Gregory Clements Novogradac & Company LLP

Kermit Billups Greenline Ventures

David Grubman Novogradac & Company LLP

Amy Laughlin Low Income Investment Fund

Steve MacDonald SDS Group

11:30 a.m.Conference Concludes

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Hotel InformationRoom ReservationPlease call 1.800.HILTONS to make a reservation and identify yourself as an attendee of the New Markets Tax Credit Conference to secure the discounted rate.

A limited block of rooms will be held until Jan. 2, 2015.

Reservations made after Jan. 2, 2015 will be accepted on a space-available basis only and cannot be guaranteed at the discount rate.

Hilton San Diego Bayfront 1 Park BoulevardSan Diego, CA 92101

Telephone: 1.800.HILTONSRoom Rate: $259/night, plus taxCutoff Date: Dec. 20, 2014

Room Rate Hotel Cutoff Date Cancellation Policy

$259 per night, plus tax

Jan. 2, 2015 48 hours within confirmed check-in

Hotel Reservation Cancellation PolicyA first night’s deposit is required for all reservations. This deposit is refundable for reservations cancelled within 48 hours of the confirmed check-in.

Special AssistanceOur conference facilities are in compliance with the Americans with Disabilities Act (ADA). Please contact Jennifer Payne at 415.356.7977 or jennifer.payne@novoco.com if you require assistance.

Registration Information

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NMTC 101: THE BASICS

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ADVANCED NMTC CONCEPTS

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Registration Cancellation PolicyAll cancellations must be made in writing and must be received no later than ten (10) days before an event. A $100 administrative fee will be deducted from all refunds. We regret that we cannot refund cancellations made within 10 days of the conference or to registrants who do not attend the conference. Confirmed registrants who fail to attend and do not cancel will be charged the entire registration fee.

AccreditationNovogradac & Company LLP 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 of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417. Website: www.nasba.org.

Pre-Conf. Workshop RatesWith Conference

Registration Workshop Only

NMTC 101: The Basics $325 $395Advanced

NMTC Concepts $325 $395

Conference RatesEarly Bird After Early

Bird On-Site

Corporate $595 $695 $725

Nonprofit $495 $595 $725