Smith's Affordable Housing Finance Conference
Smith's Affordable Housing Conference starts at the doorstep of single-family and multifamily homes on Main Street.
It extends to everyone on Wall Street, plus lenders at mutual funds, hedge funds, insurance companies and commercial banks.
Smith's has served as the information portal for finance professionals at State and Local Affordable Housing Finance Agencies for 30 years, where they can access the latest accounting, legal, product and financial developments.
If it's important to you, it's a focus of Smith's Affordable Housing Finance Conference.
Sponsors
Gold Luncheon
Silver
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Bronze
Dinner
Cocktail
Breakfast
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To find out how your firm can maximize its presence at Smith's Affordable Housing Finance Conference with a Sponsorship Package,
please contact Pamela Kilbourn at (571) 299-4954
Smith's Affordable Housing Finance Conference
Smith's Affordable Housing Conference starts at the doorstep of single-family and multifamily homes on Main Street.
It extends to everyone on Wall Street, plus lenders at mutual funds, hedge funds, insurance companies and commercial banks.
Smith's has served as the information portal for finance professionals at State and Local Affordable Housing Finance Agencies for 30 years, where they can access the latest accounting, legal, product and financial developments.
If it's important to you, it's a focus of Smith's Affordable Housing Finance Conference.
Sponsors
Gold Luncheon
Silver
Bronze
Dinner
Cocktail
Breakfast
To find out how your firm can maximize its presence at Smith's Affordable Housing Finance Conference with a Sponsorship Package,
please contact Pamela Kilbourn at (571) 299-4954
Thursday, March 16, 2023
8:00 am
REGISTRATION
Continental Breakfast
Sponsored by: Fitch Ratings
8:45 am
WELCOME
Terence Smith, Chairman & CEO — Smith's Research & Gradings
Damon Burns, President & CEO — Finance New Orleans
9:00 am
AFFORDABLE HOUSING MARKET OUTLOOK — HOW BONDS CAN BUILD VOLUME DURING RISING RATES
Panelists will discuss national trends in the affordable housing sector post-pandemic, including key credit factors such as technical supply and demand, higher interest rates, and funding downpayment assistance programs.
Joe Monitto, Director — BofA Securities (Moderator)
Ralph M. Perrey, Executive Director — Tennessee Housing Development Agency
Shannon Harner, Executive Director — Nebraska Investment Finance Authority
Paul Jungquist, CFA, CPA, CGMA, Senior Vice President and Senior Portfolio Manager — Sit Fixed Income
Rachael McDonald, Associate Managing Director — Moody's Investors Service
9:45 am
FOCUS ON SINGLE FAMILY — IS THIS THE NEW NORMAL?
Much has changed in the last year. Rates are higher, mortgage production is lower, and there are lingering supply and affordability issues. Questions remain — How has the HFA model been impacted? Is this the new normal?
Alan Jaffe, Managing Director — Jefferies LLC (Moderator)
Marian Zucker, Sector Leader, Public Finance Housing — S&P Global Ratings
Andrew Nestlehut, Director, Capital Management — Illinois Housing Development Authority
Thomas Bryan, CPA, Chief Financial Officer — Colorado Housing and Finance Authority
10:30 am
COFFEE NETWORKING BREAK
11:00 am
LEGAL DEVELOPMENTS
Panelists will discuss the latest legal developments in the housing sector. The conversation will pay particular attention to compliance and reporting requirements.
Charles Carey, Member — Mintz (Moderator)
Kevin Murphy, Partner — Hawkins Delafield & Wood LLP
Matt Page, Member — Mintz
Gregory Borys, Executive Director — Morgan Stanley
12:00 pm
LUNCHEON
Sponsored by: Jefferies LLC
2022 Lifetime Achievement Award Presentation
— Cris White, Executive Director and CEO — Colorado Housing and Finance Authority
1:30 pm
TRENDS IN MULTI-FAMILY HOUSING
Although there are great pressures on the affordable multi-family housing segment, housing agencies and their bond programs have a stable outlook — in fact, there is tremendous demand for multi-family paper. Panelists will discuss trends in multi-family housing, programs and innovative tools being used to meet market needs.
Ellen Duffy, Executive Vice President for Debt Issuance and Finance — New York City Housing Development Corporation
Christopher Donald, Executive Director/CEO — DC Housing Finance Agency
Damon Burns, President & CEO — Finance New Orleans
Chris Moriarty, Managing Director Public Finance — Stifel
Adam Cray, Vice President — CSG Advisors
2:30 pm
BY THE NUMBERS — HOUSING TECH TALK
Looking at key housing market metrics such as pricing spreads, bond yields, rates and prepayment speeds, panelists will take a deep dive on the numbers.
Vikram Shah, Director — Barclays (Moderator)
Mitch Gallo, Director — RBC Capital Markets
Benjamin Madorsky, President and Chief Compliance Officer — cfX Incorporated
Peter Clerc, Managing Director — Evercrest Advisors
Joseph Tait, Managing Director — Raymond James
3:15 pm
COFFEE NETWORKING BREAK
3:45 pm
MIDDLE INCOME HOUSING: WHAT'S NEXT?
The need for affordable housing to serve the "missing middle" remains strong. Panelists will discuss their evolving structures, projects in the pipeline, and what comes next.
Justin Cooper, Partner — Orrick
John Stoecker, Financial Advisor — California Municipal Finance Authority
Nihara Gunasekera, Vice President — Jefferies LLC
4:30 pm
DAY ONE CONCLUDES
6:30 pm
COCKTAILS AND DINNER
Antoine's
713 Saint Louis Street
New Orleans, Louisiana
Cocktail Reception
Sponsored by: Mintz
Dinner
Co-Sponsored by: BofA Securities
Smith's Research & Gradings
Friday, March 17, 2023
8:00 am
REGISTRATION
Continental Breakfast
Sponsored by: Fitch Ratings
8:45 am
WHAT'S AHEAD?
Since its inception in 1992, Smith's has been at the leading edge, focusing on event risk factors and possible outcomes for the future. With three decades of data and experience, Smith's offers event-driven research that goes well beyond traditional measures of credit quality and risk.
Terence Smith, CEO — Smith’s Research & Gradings
9:15 am
AFFORDABLE HOUSING DEMAND HIGHLIGHTS NEED FOR GREATER COMMUNITY DEVELOPMENT LENDING
Panelists will discuss the importance of community development loans in light of the strong demand for affordable housing. The panel will look at how CDFIs meet the needs of working families, essential workers and the low income, as well as the credit characteristics of the institutions.
Damian Busch, Director — Barclays (Moderator)
Karen Fitzgerald, Senior Director, Committee Chairperson — Fitch Ratings
Valerie D. White, Senior Executive Director — LISC NY | Local Initiatives Support Corporation
Alan R. Hoffman, Senior Vice President & CFO — Century Housing
Chuck Wall, Chief Financial Officer — Renaissance Community Loan Fund
Andrew Zimmerman, Director, Portfolio Manager - Mortgage Investments — IMPACT Community Capital
10:00 am
COFFEE NETWORKING BREAK
10:30 am
ESG IS HERE TO STAY
ESG continues to be an important factor in the investment process and continues to make in-roads in the Affordable Housing Sector. Using recent deals as case studies, panelists will discuss how ESG bonds are labeled, the ins and outs of self-verification vs. using a third party and ESG as a credit consideration.
Tim Sullivan, Managing Director, Head of New England Region and Housing Finance —UBS Financial Services (Moderator)
Paul Scola, Senior Director of Finance and Bond Compliance — MassHousing
Alán Bonilla, Director, Lead Analyst, Sustainable Finance — S&P Global Ratings
11:15 am
A VIEW FROM THE BUYSIDE
Buyers have a variety of reasons and ways of investing in the housing sector — including taxable, tax-exempt, return on investments, distressed situations, and social good. Panelists will discuss how housing investments fit into their portfolio and the buyside perspective on the sector.
Richard Schwam, CFA, Vice President — AllianceBernstein
Barbara VanScoy, Portfolio Manager — Heron Foundation
Richard Arnott, Director — Freddie Mac
12:00 pm
CONFERENCE ADJOURNS
Registration Fees
$1,450 per person Standard Rate: (Broker/Dealer & Underwriting Firms, Sell-Side Firms, Commercial Banks, Financial Advisors, Attorneys, Credit Enhancers, Corporate Trust, Rating Agencies)
$750 per person Investor Rate: (Mutual Funds, ETFs, Hedge Funds, Asset Managers, Portfolio Managers)
$450 per person Issuer/Governmental Rate
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 event.
Group Discounts
Groups of 3 or more Standard Rate — $1,305 per person.
Groups of 3 or more Investors — $675 per person.
Groups of 3 or more Issuer/Governmental Rate — $405 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 paid 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.
Program Cancellation
In the event that Smith's Research & Gradings cancels a scheduled program, all registrants will be notified in writing via email.
Registration fees will be refunded. In the event that the scheduled program is canceled, 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 scheduled program takes place, the registration fee is not refundable.
Complaint Resolution
Address any complaints to Pamela Kilbourn, Smith's Research & Gradings, 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 Research & Gradings values your privacy. Smith's retains information submitted during the registration process with regard to your name, company and contact information. We will never willfully sell, lease, or rent any of your personally identifiable information to any third party
As a Smith's Conference attendee, you will receive a complimentary edition of Smith's Research & Gradings — the leading independent source for credit opinions.
Registration
Business Casual
Register by Phone: (571) 299-4954;
Email: smiths@smithsresearch.net ;
Online: Smith's Store
Mail: TMS Holdings, Inc., P.O. Box 1195, Great Falls, VA 22066
Payment
Payment is required prior to the conference. We accept company or personal checks; MC, Visa, American Express and Discover credit cards or, via PayPal using all major credit or debit cards.
Westin New Orleans
100 Iberville Street
New Orleans, LA 70130
(504) 566-7006
Hotel Website
Sold Out -- Please contact Smith's if you require assistance for alternative hotel suggestions.
