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


March 22-23, 2012Smith's Affordable Housing Finance Conference

Westin Beach Resort

Fort Lauderdale, Florida

 

 

SMITH’s Research & Ratings will host its 19th 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

wordpress visitors


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


Sponsors
 Bank of America Merrill Lynch

 

  Raymond James & Associates
Moody's Investors Service   RBC Capital Markets


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, 20 Poe Court, Fairfield, CT 06825
Fax to 203-659-4773; email to pamkilbourn@smithsresearch.net or phone 203-362-2154. 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: (203) 362-2154,

                    Fax: (203) 659-4773,

                    Email: smiths@smithsresearch.net or

                    Mail: SMITH's Research & Gradings, 20 Poe Court, Fairfield, CT 06825.

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: 1-888-627-7108

http://www.westinftlauderdalebeach.com

A block of rooms is being held until February 20, 2012 for SMITH’s Research & Ratings at a rate of $249 per night. Please contact the hotel directly for reservations.

 

 


Contact Information

Phone: (203) 362-2154
Fax: (203) 659-4773
Email: smiths@smithsresearch.net

Web: www.smithsresearch.net

Mail: TMS Holdings, Inc.,
20 Poe Court, Fairfield, CT 06825


Conference Agenda

Smith's 2012 Affordable Housing Finance conference

 

 

Thursday, March 22, 2012

 

8:30am

CONFERENCE REGISTRATION

 

8:45am

WELCOME REMARKS

 

Terence Smith

Editor & Publisher

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.

Kurt van Kuller
Head of Public Finance, Credit Division for the Americas
The Bank of Tokyo-Mitsubishi, UFJ, Ltd

Timothy Milway
Director, Senior Analyst
BlackRock

Florence Zeman
Associate Managing Director
Moody's Investors Service

9:45am Current Happenings In Housing Legals
The Dodd–Frank Wall Street Reform and Consumer Protection Act, a product of the financial regulatory reform agenda, was signed into law in 2010. New disclosure and reporting requirements for HFAs is the biggest disclosure-related issue affecting housing bonds since 15c2-12. This panel will examine proposed SEC rules and how the Act's provisions on ABS will be applied to municipals.

Charles E. Carey
Member
Mintz Levin


Charles Jarik
Partner
Chapman & Cutler LLP


Howard Zucker
Partner
Hawkins, Delafield & Wood

 

10:45am COFFEE BREAK
Sponsored by: Moody's Investors Service

 

11:15am LIFE AFTER THE NIBP PROGRAM
The extension of the NIBP through 2012 has given a bit of relief to state housing agencies with surplus single-family NIBP allocation. 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.

Dan Rosen - Moderator
Managing Director
Bank of America Merrill Lynch

John Craford
Executive Vice President
Connecticut Housing Finance Authority

Timothy Sullivan
Chief Financial Officer
Massaschusetts Housing Finance Authority


12:00pm

LUNCHEON

 

SMITH's Annual Affordable Housing Finance
Lifetime Achievement Awards Presentation

 

Richard Froehlich

Chief Operating Officer, Executive Vice President and General Counsel

New York City Housing Development Corporation

 

1:30pm A look inside the beltway and the district
Loan limits; Policies, Conservatorship; Treasury; Federal & Public Policy Questions.

Brian Hudson
Executive Director & Chief Executive Officer
Pennsylvania Housing Finance Agency

Christopher Chafizadeh
Managing Director, Head of Public Finance New Business
National Public Finance Guarantee
 

 

 

2:15pm

CASE STUDY:
Structuring Housing Bonds Under Current Market Conditions

Helen Feinberg
Managing Director

Housing Finance Group
RBC Capital Markets

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

Melanie Weathers
Bond Administrator
Florida Housing Finance Corporation
 

 

3:00pm COFFEE BREAK

 

3:15pm  Analytical Roundtable
Disclosure remains a key component in the housing sector. Panelists will discuss current market practices and what issuers can do to provide adequate disclosure. The discussion will also focus on what questions issuer’s feel that investors need to ask.

Robin Ginsburg
Managing Director
Raymond James & Associates

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

Julie Egan
Senior Vice President & Portfolio Manager
Community Capital Management

Thomas Kozlik
Director & Municipal Credit Analyst
Janney Montgomery Scott

4:15pm CONFERENCE WRAP-UP

4:30pm Day One Concludes

6:00pm Transportation to Dinner

6:30pm Dinner - bIMINI bOATYARD
Co-Sponsored by: BofA Merrill Lynch

   
 

Friday, March 23, 2012

 

7:30am

REGISTRATION

Continental Breakfast

Sponsored by: Raymond James & Associates

 
8:30am 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.

Charles Giordano
Senior Director
Fitch Ratings

Michael Koessel
Director & Head of Housing Group
Citigroup

Terence Smith
Editor & Publisher
SMITH’S Research & Gradings
 
9:30am Alternative Structures
Where is the silver lining in today's housing market? Panelists will discuss some unique programs developed for state HFAs such as portfolio restructurings, multifamily programs, and building energy efficient single family homes.

Cleon Butterfield
Chief Financial Officer
Utah Housing Corporation

John Sager
Chief Financial Officer and Executive Vice President
Idaho Housing & Finance Association

 

 
10:15am COFFEE BREAK

 

10:30am Multifamily Housing
In an environment with reduced demand for single family deals, there may be opportunities for multifamily programs. Panelists will discuss market dynamics in the multifamily sector. We will take a look at how multifamily projects are performing and opportunities for revitalization and further growth.

Mark Fairley
Finance and Investment Manager
Iowa Finance Authority

Rich Froehlich
Chief Operating Officer, Executive Vice President and General Counsel
New York City Housing Development Corporation

Mary Kenney
Executive Director
Illinois Housing Development Agency





11:15am What's Next: Finding Liquidity in an Illiquid Market
There are a number of near-term challenges facing the housing market including LOC business, three-year facility charges, finding a replacement for the TCLP liquidity and the VRD market. In addition, questions surround the implementation of Basel 3 and its impact on the housing sector.

Nicholas Fluehr
Managing Director
Wells Fargo Securities

Cory Hoeppner
Director
RBC Capital Markets



 
12:00pm CONFERENCE ADJOURNS
 

Registration
 

 

image