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2019 Opportunity Zones Spring ConferenceApril 25-26Hyatt Regency Denver atColorado Convention Center

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Survey results from the Novogradac

2018 Opportunity Zones Conference

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Thank You to Our Co-Hosts and SponsorsCO-HOSTS

SPONSORS

STRATEGICGROUP OF COMPANIES

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Conference Agenda (agenda subject to change)

THURSDAY, APRIL 25

8-9 AM

Registration and Breakfast

GENERAL SESSIONS9-9:15 AM

Welcome AddressThe opportunity zones (OZ) incentive is a little more than a year old. Hear our panel of experts share insights about the latest Treasury regulations, what might happen in the new session of Congress and the future of the OZ incentive.

� John Sciarretti, Novogradac

9:15-9:45 AM

Keynote Address �Daniel Kowalski, U.S. Department of the Treasury

9:45-10:45 AM

The Washington ReportThe opportunity zones (OZ) incentive is a little more than a year old. Hear our panel of experts share insights about the latest Treasury regulations, what might happen in the new session of Congress and the future of the OZ incentive.

�Michael Kressig, Novogradac

� John Lettieri, Economic Innovation Group

�Alfonso Costa Jr., U.S. Department of Housing and

Urban Development

�Shafron “Shay” Hawkins, Office of Sen. Tim Scott,

R-SC

� Ja’Ron Smith, White House Office of Legislative Affairs

10:45-11 AM

Networking Break

11 AM-NOON

Fund Sponsors SpeakWhat types of transactions are interesting to sponsors of opportunity funds? Our panel explains how sponsors view OZ developments and what you need to know for success.

� John Sciarretti, Novogradac

�David Lissek, Caliber Companies

�Kevin Shields, Griffin Capital Company, LLC

�Doug Wolf, Opportunity Asset Group

� Jim Sorenson, Sorenson Companies

NOON-1:30 PM

Luncheon

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Conference AgendaTHURSDAY, APRIL 25

TRACK 1: OPPORTUNITY FUNDS1:45-2:45 PM

StructuringExperts share about structuring issues, including single-asset funds vs. multiple-asset funds, REITs, crowdfunding, structuring the exit and more. Learn what structure works best for you.

�Gregory Clements, Novogradac

� Jason K Cordon, Sixty West

�Neil Faden, Manatt, Phelps & Phillips LLP

� Erik Hayden, Urban Catalyst

� Jill Homan, Javelin 19 Investments

�Ricky Novak, Strategic Group of Companies

2:45-3 PM

Networking Break

SPECIALTY BREAK SPONSORED BY

3-4 PM

PPMs and Risk FactorsGet a deeper understanding about tax and legal obstacles, responsibilities and guarantees when it comes to private placement memorandums.

�Stephen Tracy, Novogradac

� Thane Hodson, Butler Snow LLP

�Daniel Cullen, Baker & McKenzie LLP

�Scott Lindquist, Dentons

4-4:10 PM

Networking Break

4:10-5 PM

Fund Level Asset Management & ReportingLearn from the experts about various types of asset management and reporting requirements in the OZ incentive, including compliance, valuation and more.

�Diana R. Letsinger, Novogradac

�Reid Thomas, NES Financial

�Greg Nelson, OZ Impact Management LLC

�Kyle Walker, Agora AltX

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Conference AgendaTHURSDAY, APRIL 25

TRACK 2: OPPORTUNITY ZONE BUSINESSES1:45-2:45 PM

Real EstateGet an overview of the OZ market in real estate and a deeper understanding of how to structure around development risk, the suitable asset classes and stages, the use of vacant land, and more, all from experts who know.

�Brad Elphick, Novogradac

�Margaret Anadu, Goldman Sachs

�Demian Costa, Weller Development Company

� Elizabeth Feldmeir, Thompson Coburn LLP

�Adam Sanders, Rosenberg & Estis PC

� Julia Shin, Enterprise Community Investment Inc.

2:45-3 PM

Networking Break

3-4 PM

Operating BusinessesOur panel discusses suitable business types for OZs; issues for startups, expansions and move-ins; dealing with intangibles; and modifications to traditional private equity transactions.

�Michael Kressig, Novogradac

� Joseph Darby, Sullivan & Worcester LLP

�Chris Schultz, Launch Pad

�Brian Paul Phillips, The Pearl Fund LP

4-4:10 PM

Networking Break

4:10-5 PM

Combining OZs with Tax CreditsGain insight into blending affordable housing, workforce housing and opportunity zones incentives, including modifications to typical syndication structures, modification to arrangements, monetizing the incentive and more.

�Dirk Wallace, Novogradac

� Fred Copeman, Boston Financial Investment

Management LP

�Merrill Hoopengardner, NTCIC

�Cynthia Parker, BRIDGE Housing

�Dionne Savage, Savage & Associates Law Group PC

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Conference AgendaTHURSDAY, APRIL 25

TRACK 3: TECHNICAL TAX IMPLICATIONS1:45-2:45 PM

Deep Dive into OZ Guidance Part IHear experts discuss key issues from Treasury’s OZ guidance, including eligible gains, the 90 percent asset and 70 percent substantially all tests, and regulatory safe harbors.

�Nicolo Pinoli, Novogradac

�Michael Sanders, Blank Rome LLP

� Thomas Morton, Pillsbury Winthrop Shaw Pittman LLP

� Joseph Bredehoft, Husch Blackwell LLP

�Amy Tranckino, Sheppard Mullin

2:45-3 PM

Networking Break

3-4 PM

Deep Dive into OZ Guidance Part IIOur panel discusses vacant land, leases, the 50 percent active gross income test and related-party purchases while taking a look at Treasury guidance for OZs.

�Matt Meeker, Novogradac

�Kristin DeKuiper, Holland & Knight

�Carol Mihalic, Kutak Rock LLP

� Forrest Milder, Nixon Peabody LLP

�Marc Schultz, Snell & Wilmer LLP

4-4:10 PM

Networking Break

4:10-5 PM

Deep Dive into OZ Guidance Part IIIWrap up the deep dive with a discussion of tax implications of debt and program integrity issues that arise from the OZ guidance.

� John Sciarretti, Novogradac

�Steve Mount, Squire Patton Boggs

� Jerry Breed, Miles & Stockbridge PC

�Glenn Graff, Applegate & Thorne-Thomsen P.C.

5-6:30 PM

Networking Reception

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Conference AgendaFRIDAY, APRIL 26GENERAL SESSIONS8-9 AM

Registration and Breakfast9-10 AM

How Communities can Capitalize on Opportunity ZonesGain insight from our panelists on how communities can develop public-private strategies, how to bring the right stakeholders together and best strategies to leverage local assets. Also hear reports of some early best practices.

�Peter Lawrence, Novogradac

�Stephanie Copeland, The Governance Project

�Craig Nolte, Federal Reserve Bank of San Francisco

�Beth Bafford, Calvert Impact Capital

10-10:10 AM

Networking Break10:10-11 AM

Maximizing the Impact of Opportunity ZonesLearn how to create the greatest benefit in

opportunity zones and demonstrate success, including how to understand the opportunities and need, how to establish evidence of outcomes and the best ways to evaluate and report.

�Matt Yunker, Novogradac

�George Ashton, Strategic Investments, LISC

� John Cochrane, US Impact Investing Alliance

�Rachel Reilly, Economic Innovation Group

11-11:10 AM

Networking Break11:10-NOON

State of the States and MoreHear ground-level reporting to gain an understanding of conforming and nonconforming states, as well as getting a broader grasp of state-level incentives that pair with the OZ.

� Tom Boman, Novogradac

� Jason Watkins, Novogradac

� Jana Persky, Office of Economic Development and

International Trade

�Kenneth C. Holt, Department of Housing and

Community Development

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Conference RatesEARLY BIRD

BEFORE APRIL 2STANDARD

AFTER APRIL 2ON-SITE ONLINE REGISTRATION

CORPORATE $675 $775 $800REGISTER

NONPROFIT $575 $675 $700

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.

EARLY BIRD CONFERENCE REGISTRATION RATES EXPIRED. REGISTRATION IS STILL AVAILABLE.

Hotel ReservationA limited block of rooms will be held until April 2, 2019. After April 2, 2019, they will be accepted on a space-available basis only and cannot be guaranteed at the discounted rate.

HYATT REGENCY DENVER AT COLORADO CONVENTION CENTER $215 PER NIGHT, PLUS TAX BOOK YOUR HOTEL

SPECIAL ASSISTANCEOur conference facilities are in compliance with the Americans with Disabilities Act (ADA). Please contact Leslie Mason at 240.235.1706 or leslie.mason@novoco.com if you require assistance.

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Sponsorship and ExhibitsEngage, inform & influence customers and prospects with Novogradac & Company LLP’s conference sponsorships. Novogradac & Company LLP’s conferences offer a powerful method of engagement and immediate return on investment, whether your marketing goal is brand or product awareness, thought leadership, qualified lead generation, sales acceleration or retention.

Contact Carol Hough at carol.hough@novoco.com or 415.223.6145

OZ SERVICES

cpas@novoco.com | www.novoco.com | www.opportunityzonesresourcecenter.com

An established Opportunity Zones leader with expert technical knowledge of key tax, accounting, valuation, transaction structuring and compliance issues.