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Legislative Future of Low-Income Housing Tax Credit, Gap Fillers Slated for Discussion at Novogradac 2024 Housing Tax Credit Finance Conference in Las Vegas

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Novogradac Event Dec. 5-6, 2024, to Address Financing, State of State Credits, Developer Hot Topics and More

SAN FRANCISCO, Nov. 6, 2024 /PRNewswire-PRWeb/ — Legislative pushes impacting the low-income housing tax credit (LIHTC) and how the 2024 general election shaped them are planned for discussion Dec. 5-6, 2024, at the Novogradac 2024 Housing Tax Credit Finance Conference at the Four Seasons in Las Vegas. Other topics slated for discussion include gap fillers in the capital stack, the state of state LIHTCs, developer hot topics and more.

“How the election played out will have a major impact on what comes next for the low-income housing tax credit on a federal level,” said Jeff Nishita, a partner in Novogradac’s San Francisco office and conference chair.

“How the election played out will have a major impact on what comes next for the low-income housing tax credit on a federal level,” said Jeff Nishita, a partner in Novogradac’s San Francisco office and conference chair. “It’s a good time to meet with other professionals and industry experts to hear their thoughts on the direction the credit may take in the lame-duck session and under the forthcoming Congress.”

Other sessions on the agenda include panels on debt, asset management and acquisition-rehabilitation transactions. The full agenda can be found here.

The conference is sponsored by Enterprise, Hunt Capital Partners, KeyBank, PNC, R4 Capital and Yardi.

In addition to the panel topics, Novogradac will host three pre-conference workshops on Dec. 4, 2024. The LIHTC Basics Workshop will help attendees learn such fundamental details as LIHTC participants, structures, timelines and more. The Running the Numbers Workshop will explore the sources and uses of a development, taxable income and considerations when looking at return to investors. The Year 15 Workshop will look at the options developers and managers face such as the option to buy out the limited partner, resyndicate the property, refinance and more.

About Novogradac
Novogradac, which has been in business for 35 years, has grown to more than 750 employees and partners with offices in more than 25 cities. Tax, audit and consulting specialty practice areas for Novogradac include affordable housing, community development, historic rehabilitation and renewable energy. For additional information on Novogradac’s personnel and areas of expertise, visit http://www.novoco.com or call (415) 356-8000.

Media Contact

Events Desk, Novogradac & Co. LLP, (415) 356-7970, events@novoco.com, www.novoco.com

View original content:https://www.prweb.com/releases/legislative-future-of-low-income-housing-tax-credit-gap-fillers-slated-for-discussion-at-novogradac-2024-housing-tax-credit-finance-conference-in-las-vegas-302297136.html

SOURCE Novogradac & Co. LLP

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Oberon Securities Advises Keens Steakhouse in Sale Transaction

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November 23, 2024

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Oberon Securities acted as exclusive advisor to Keens Steakhouse in the sale transaction.

NEW YORK, Nov. 23, 2024 /PRNewswire-PRWeb/ — Oberon Securities, a New York-based middle market investment banking firm, acted as exclusive advisor to Keens Steakhouse in the sale transaction announced yesterday.

With more than 70 senior bankers serving businesses across the country and around the world, Oberon is one of the fastest growing New York City based middle-market investment banking firms. Its clients benefit from the market credibility associated with the firm’s longstanding relationships with many of the nation’s largest and most prestigious institutional investors. Oberon’s approach has generated numerous long-term, multi-transaction client engagements and attracted investment bankers who have spent their careers working with middle-market companies.

Media Contact

Steven Alschuler, Oberon Securities, 1 917-647-2151, steve@alschulerpr.com, https://oberonsecurities.com/

View original content to download multimedia:https://www.prweb.com/releases/oberon-securities-advises-keens-steakhouse-in-sale-transaction-302314708.html

SOURCE Oberon Securities; Oberon Securities

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Specified Technologies Inc. Unveils Firestop Clash Management and Locator Updates

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4 hours ago

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November 23, 2024

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SOMERVILLE, N.J., Nov. 23, 2024 /PRNewswire/ — Specified Technologies Inc. has announced their latest Firestop Clash Management (FCM) and Firestop Locator (FSL) releases. FCM automates the process of locating and assigning firestop solutions to conditions within Autodesk® Revit®, enabling firestop novices to find firestop solutions like a firestop expert. In this latest release, STI has further expanded the capabilities of FCM by integrating it with their firestop documentation and compliance tool, Firestop Locator (FSL). FSL enables contractors and facilities’ teams to document the status, location, and products used for any and all fire life safety services across a building.

In the latest update for FSL, teams can now create custom items to track any service on their project beyond the base six (Penetration, Joint, Extinguisher, Door, Damper, and Barrier). Teams can also modify the base six items to include project specific inspection and maintenance requirements and any other details that they would like to be tracked.

With this new integration, decisions made during the design phase of a building using FCM are seamlessly passed into FSL during the construction phase, giving implementation teams a jump start on work to be done. This integration also improves data integrity and eliminates the guesswork in the field of determining what firestop systems and products are to be used where.

“We’re proud of the latest releases of FCM and FSL and look forward to continuing to support the fire life safety community,” says Justin Pine, Sr. Manager of Software & Services.

Specified Technologies Inc. promotes life and building safety by developing innovative fire protection systems and accompanying digital tools that help stop the spread of fire, smoke, and hot gases. Our SpecSeal® and EZ Path® product lines are engineered for easy installation and deliver powerful performance, often resulting in lower installed costs. Since firestopping is our only business, we concentrate all our resources on providing the highest quality, fully tested, innovative firestopping solutions.

Contact: Jess Bern; jbern@stifirestop.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/specified-technologies-inc-unveils-firestop-clash-management-and-locator-updates-302314629.html

SOURCE Specified Technologies, Inc.

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ZICC: Internet Experts Pay Attention to the Development of Artificial Intelligence

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5 hours ago

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November 23, 2024

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BEIJING, Nov. 23, 2024 /CNW/ — During the Wuzhen Summit of the World Internet Conference, ZICC interviewed Internet experts from all over the world.

Lampros Sterg, UNESCO Chair in AI & Data Science, said that AI can accelerate social progress, but it needs to be used properly to avoid its negative effects in order to benefit citizens and society. Latif Ladid, the president of the IPv6 Forum, called for the establishment of a global governance system to allow artificial intelligence technology to serve humanity for good. South Korean computer scientist Kilnam Chon shared insights on AI’s positive role in healthcare. He urged global efforts to ensure AI safety and prevent its misuse in weapons. Indian entrepreneur Bibin Babu said he believes that AI will not replace humans, but will create more new jobs.

View original content to download multimedia:https://www.prnewswire.com/news-releases/zicc-internet-experts-pay-attention-to-the-development-of-artificial-intelligence-302314745.html

SOURCE ZICC

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