AUSTIN – July 23, 2018 – Coats Rose is pleased to have four attorneys speak at the 2018 Texas Housing Conference hosted by the Texas Affiliation of Affordable Housing Provides (“TAAHP”) at the Fairmont Hotel in Austin, Texas July 23-25, 2018. Ronald A. Bell and Kelly Longwell will speak as panelists on the recent tax reform and the effects on the affordable housing market. Scott Marks will speak as panelist on annual changes to the Texas Qualified Allocation Plan (QAP), which are a key driver in the types and location of housing tax credit developments. Barry J. Palmer will speak as panel moderator on the latest developments in the U.S. Department of Housing and Urban Development’s Rental Assistance Demonstration (“RAD”) program.
- Ron Bell will speak, as a panelist, on “Tax Reform: What You Need to Know,” at the Texas Affiliation of Affordable Housing Providers (TAAHP) 2018 Texas Housing Conference. This panel will cover tax reform and its impact current and future developments. Items covered include interest expense deductibility, depreciation, income averaging, pass-through deductions, and opportunity funds. Participants will leave with an understanding of the intricacies and nuances of tax reform and the impact on multifamily and affordable housing.
- Kelly Longwell will speak, as a panelist, on “The Highlights of Tax Reform” at the Texas Affiliation of Affordable Housing Providers (TAAHP) 2018 Texas Housing Conference. This power panel consists of housing advocates who not only walked the halls of Congress during the Tax Cut and Jobs Act but have measured its impact after passage- hear about the march forward to fix the 4% credit and increase resources across the board- and what developers can do to increase equity resources. The story behind our success this year has laid the groundwork with key members of Congress; but the road ahead has changes in the making as we speak. There will be turnover in the Tax Writing committees in November – who will be left to hold our torch?
- Scott Marks will speak, as a panelist, on “Changes the QAP,” at the Texas Affiliation of Affordable Housing Providers (TAAHP) 2018 Texas Housing Conference. Annual changes to the Texas Qualified Allocation Plan (QAP) are always a key driver in the types and location of housing tax credit developments. This panel offers perspectives from the Texas Department of Housing and Community Affairs (TDHCA) as well as leaders in the development and consulting communities related to affordable housing policy in Texas. Panelists will discuss the priorities of TDHCA in the development of the 2019 QAP, proposed changes for 2019, and the implications of changes on the competitive landscape within the housing tax credit program. The panel will also host a Q & A to answer your questions and give insight into what the future holds.
- Barry Palmer will serve as moderator for the “RAD: The Latest Update” panel at the Texas Affiliation of Affordable Housing Providers (TAAHP) 2018 Texas Housing Conference. This RAD panel will provide an update on RAD transactions closed to date and discuss new and creative ways that PHAs are using to make deals work. The panel will discuss the latest developments in RAD including the increase in the unit cap and the Section 18 disposition notice allowing 4% deals to be done on a 75% RAD/25% PBV basis with tenant replacement vouchers. The panel will discuss major issues that they have worked through and practical problems to think about in planning a RAD conversion.