Affordable Housing Finance Conference
Registration Info | Hotel Info | Contact Info | Agenda Sponsors | Registration |


March 21-22, 2013Smith's Affordable Housing Finance Conference

Westin Beach Resort

Fort Lauderdale, Florida

 

 

SMITH’s Research & Ratings will host its 21st annual Housing Bond Finance Conference at The Westin Beach Resort in Fort Lauderdale, Florida.

Clearly, the challenges to today’s housing finance industry remain daunting. SMITH's Affordable Housing Conference explores the many issues facing the market and helps participants develop actionable solutions.

The overarching questions are: Where are there opportunities for housing sector investors and how will the affordable housing sector look going forward.

Since 1992, SMITH’S Research & Gradings has been covering the U.S. affordable housing market SMITH’S Affordable Housing Conference is one of the longest running symposiums on this subject so vital to all American and the American economy.

Register

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Who Should Attend?

  • State & Local Housing Finance Officers

  • Directors of Taxable & Tax-Exempt Fixed-Income

  • Portfolio Managers

  • Credit Analysts at Investment Firms

  • Wall Street Analysts

  • Rating Agency

  • Financial Advisors

  • Bond Counsel

  • Accounting Firms

  • Bond Insurance

  • GIC Providers

SMITH’s Research & Gradings

SMITH’s Research and Gradings was founded by Terence Smith in 1992 to provide independent research and third-party analysis for institutional investors. SMITH’s has become a bellwether research company, often predicting significant trends and spotlighting controversial subjects sometimes months before they come to light elsewhere.

 


Sponsors and Exhibitors


Silver Level Sponsor Dinner Sponsor
Wells Fargo BofA Merrill Lynch
Bronze Level Sponsor                        Cocktail Sponsor
Moody's Investors Service  

 Mintz Levin

Sponsors
RBC Capital Markets                Standard & Poor's


Registration Information

Registration Fees

 

Standard Regsitration

$945 per person General.
$330 Issuer/Governmental Rate.
$415 Investors


Registration fee includes course materials, breakfast, lunch, and breaks during the conference.

Payment by credit card, company check or personal check is required prior to the conference.

 

Register

Discounts
Groups of 3 Standard or more receive a reduced rate of $850 per person. Groups of 3 or more State/Local issuers - $297 per person.
Groups of 3 or more Investors $375 per person.



Cancellations
Cancellations are subject to a $100 service fee. Cancellations will be accepted up to 30 days prior to the Conference in order to receive a refund.
Cancellations after the 30 day cut-off will receive a registration credit toward a future SMITH’s conference program. Credits will be issued at the original registration rate and will be valid for 12 months. Registration credit requests must be received by the last day of the conference.
 
Substitutions
Substitutions from your company will be accepted any time prior to the conference.

As a SMITH's Conference attendee, you will receive a complimentary edition of SMITH's Research & Gradings — the leading independent source for credit opinions.

 

Program Cancellation
In the event that SMITH's Research & Gradings cancels a scheduled program, all registrants will be notified in writing. Registration fees will be refunded. In the event that a conference is cancelled, SMITH's Research & Gradings cannot be held liable for non-refundable transportation costs. In the case of inclement weather, or acts of God, if the seminar takes place, the registration is not refundable.

 

Complaint Resolution
Address any complaints to Pamela Kilbourn, SMITH's Research & Gradings, 10001 Georgetown Pike, P.O. Box 1195,

Great Falls, VA 22066

Email to pamkilbourn@smithsresearch.net or phone 571-299-4954. Complaints will be handled in as timely a manner as possible.
 

Privacy Policy & Records Retention
SMITH's values your privacy. SMITH's retains information submitted during the registration process with regard to your name, company and contact information. Credit card information is destroyed once the transaction has been processed. We will never willfully sell, lease, or rent any of your personally identifiable information to any third party
 

Dress Code
Business Casual.

Register by Phone: (571) 299-4954,

                    Email: smiths@smithsresearch.net or

                    Mail: SMITH's Research & Gradings, 10001 Georgetown Pike, P.O. Box 1195, Great Falls, VA 22066.

Payment: We accept company or personal checks; MC, Visa
and Discover credit cards or, via PayPal using all major credit or debit cards.

 Register



Hotel
Westin Beach Resort

321 North Fort Lauderdale Beach Blvd.

Fort Lauderdale, Florida 33304
Phone: (954) 467-1111

http://www.westinftlauderdalebeach.com

A block of rooms is being held for our group until February 20, 2013 at a rate of $256 per night.

For reservations, please contact the hotel at: 1-888-627-7108 or make reservations online at the Westin Beach Resort website for Smith's Housing Conference by clicking here: Hotel Reservations

Overflow hotel (1.5 miles from Westin):

Sheraton Fort Lauderdale Beach Hotel;

1140 Seabreeze Blvd., Fort Lauderdale, FL 33316

$239 per night for 3/20 and 3/21. Block ends 3/6

https://www.starwoodmeeting.com/Book/smithsresearchSheraton

 

Alternatively, W Fort Lauderdale Hotel is 1 block away:

http://www.wfortlauderdalehotel.com

 


Contact Information

Phone: (571) 299-4954
Email: smiths@smithsresearch.net

Web: www.smithsresearch.net

Mail: TMS Holdings, Inc.,
10001 Georgetown Pike, P.O. Box 1195

Great Falls, VA 22066

 


Conference Agenda

Smith's 2013 Affordable Housing Finance conference

 

 

Thursday, March 21, 2013

 

8:30am

CONFERENCE REGISTRATION

 

8:45am

WELCOME REMARKS

 

Terence Smith

SMITH's Research & Gradings

 

9:00am the State of Affordable Housing Market
Many factors are affecting the affordable housing finance market including loan performance, variable rate rollovers, liquidity, interest rates and foreclosures. We'll take a look at market conditions, key credit concerns and the financial performance of the state housing agencies.

Florence Zeman
Associate Managing Director
Moody's Investors Service

Howard Zucker
Partner
Hawkins, Delafield & Wood LLP


9:45am

Living in a Post-MRB Bond World
State HFAs must continue to make the most of federal programs while looking for new opportuntiies. Panelists will discuss TBA mortgage programs as well as other ways they are coping with challenges to their traditional business models. Where is the silver lining in today's housing market? Panelists will discuss some unique programs developed for state HFAs.

Cleon Butterfield
Chief Financial Officer
Utah Housing Corporation

John Sager
Chief Financial Officer
Idaho Housing & Finance Association

Donald Peterson
Managing Director
Raymond James & Associates

Peter Weiss

Executive Director

JPMorgan

Valerie White
Senior Director
Standard & Poor's Ratings Services
 

11:00am COFFEE BREAK

 

11:15am POLITICS AND AFFORDABLE HOUSING
Discussion of the effects of the sequester and possible budget “grand bargains” on the future of affordable housing finance.  Tax reform and the future of tax-exempt bonds and low income housing tax credits. Ongoing initiatives at the SEC, CFPB and MSRB.


Charles E. Carey
Member
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC

Brian Hudson
Executive Director and CEO
Pennsylvania Housing Finance Agency



12:00pm

LUNCHEON

 

SMITH's Annual Affordable Housing Finance
Lifetime Achievement Awards Presentation

 

 

 

1:30pm A look inside the beltway and the district
Panelists will give a "feet on the ground" discussion of how the affordable housing group at Freddie Mac is tying into local and state lending programs and providing support for Treasury program components. We'll also hear about low income tax credits and how tax reform will likely impact housing bonds.

Susan Dushock - Moderator
Senior Vice President & Municipal Analyst
Sun Trust Private Client Group

Richard Appleton
Senior Director
Single Family Affordable Lending
Freddie Mac

Peter Lawrence
Senior Director, Public Policy & Government Affairs
Enterprise Community Partners, Inc.


 

2:30pm COFFEE BREAK

 

2:45pm

Alternative Investment Vehicles
Panelists will discuss include a discussion of the decision process between selling production in to the TBA market versus selling bonds and in particular pass-through bonds. 

Cory Hoeppner
Managing Director
RBC Capital Markets

David Adams
Finance Manager

Colorado Housing and Finance Authority

David Jones
Financial Advisor
CSG Advisors

Hazim Taib
Chief Financial Officer/Assistant Treasurer
Illinois Housing Development Authority

Rob Tietz
Finance & Funding Manager
Iowa Finance Authority

 

3:45pm If it's no longer about credit,
what does it mean for traditional Munis?


State HFA single family housing bonds offer a significant relative value opportunity for investors. With the worst of the single family credit quality problems behind them, investors are focusing more on structure and redemption considerations versus credit. Panelists will discuss the structured housing products being offered through state HFAs, prepayments and refundings. They will also discuss implications for the market and traditional buyers.

Paul Jungquist, CPA, CFA
Vice President, Fixed Income Credit Analyst and
Senior Fixed Income Portfolio Manager
Sit Investment Associates

Thomas Kozlik

Director & Municipal Credit Analyst
Janney Montgomery Scott

Timothy Milway
Director, Senior Analyst
BlackRock



4:30pm Day One Concludes

5:30pm Transportation to COCKTAILS and Dinner
At the Chart House


6:00pm COCKTAILS - Sponsored by: Mintz Levin
Dinner -
Co-Sponsored by: BofA Merrill Lynch

   
 

Friday, March 22, 2013

 

7:30am

REGISTRATION

Continental Breakfast

 

 
8:45am hfa pORTFOLIO pERFORMANCE AND hOUSING mARKET tRENDS
We'll start the day taking a deeper look at State HFA trends and portfolio performance. Panelists will discuss housing market trends and the outlook for municipal credit quality and real estate.

Terence Smith - Moderator
CEO
SMITH’S Research & Gradings

John Craford

Executive Vice President
Connecticut Housing Finance Authority

Charles Giordano
Senior Director
Fitch Ratings

Kurt van Kuller
Managing Director, Credit Division for the Americas
The Bank of Tokyo-Mitsubishi, UFJ, Ltd



 
10:00am COFFEE BREAK

 

10:15am Seeing Green: Incorporating Sustainable Features in Traditional Housing
Panelists will discuss some unique programs focusing on incorporating sustainable features in traditional multifamily and single family programs. These include green features such as passive solar design, and utilizing native plants for landscaping in an effort to reduce carbon footprint and lower bills for tenants.

Julie Egan
Portfolio Manager
Community Capital Management

Patricia Jennings Braynon
Director
Housing Finance Authority of Miami-Dade County

Tony Del Pozzo
Vice President
Related Urban Development Group

Barbara VanScoy
Chief Impact Investment Officer and Co-Founder
Community Capital Management



 

 
11:00am Is your Recovery Under way?  
With a multitude of risks and opportunities present in the housing sector, there are signs of recovery and there is cause for optimism. Panelists will discuss the impact of natural disasters and efforts to mitigate those events going forward. We'll also take a look at market dynamics in the multifamily sector, how multifamily projects are performing, and opportunities for revitalization to further growth.  SMITH's accurately predicted the crash of the speculative real estate bubble, its impact on the economy and unemployment, banks, and the federal government's bailout programs. Last year, SMITH's spoke about the light at the end of the tunnel and the "Beginning of the End." Now, learn what's next.

Ellen Duffy
SVP for Debt Issuance & Finance
New York City Housing Development Corporation

Terence Smith
CEO
SMITH’S Research & Gradings



12:00pm CONFERENCE ADJOURNS
 

Registration
 

 

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