SAN FRANCISCO - Novogradac & Company LLP is hosting a Community Based Investing Conference in St. Louis, November 2-4, 2005, at the Renaissance Grand Hotel. The industry's leading professionals, including bank, insurance company and social investment foundation representatives, fund managers and venture capitalists, will convene to discuss the many aspects and issues surrounding equity funds and community based investing (CBI).

"This conference provides a valuable meeting place for those professionals whose goal is to bring investments and economic opportunity to distressed communities; to gather and discuss the nature, reach and impact of CBI, address the challenges and rewards of community based investing and, foremost, to provide the opportunity to learn from each other's experiences," says Michael J. Novogradac, CPA, managing partner in the San Francisco office of Novogradac & Company LLP.

Professionals attending the Community Based Investing Conference will examine reasons to start an equity fund; identify who the players are; report on the state of community based investing nationally; explore the reasons for investing in double/triple bottom line funds; identify key investor policies; hone in on fund managers' focus on business investments; delve into the role of venture capital, public policy and research; and look at proven success stories.

The conference is co-hosted by US Bank, ESIC Realty Partners, Advantage Capital Partners and the Missouri Department of Economic Development.

San Francisco-based Novogradac & Company LLP is a national certified public accounting and consulting firm that specializes in community development and affordable housing coast to coast. With headquarter offices in San Francisco; the firm has offices in Metro Atlanta, Ga., Washington, D.C. and Kansas City, Mo., as well as offices in Austin, Texas; Long Beach, Calif., Dover, Ohio and Boston, Mass. Novogradac & company LLP provides a full spectrum of attest, tax, valuation, market research and consulting services to community development and affordable housing developers, syndicators, lenders and investors.

Conference details and the complete agenda can be found at www.novoc.com/Events.

For more information about Novogradac & Company LLP's events and products, visit www.novoco.com/Events or contact Jane Bowar Zastrow at 415.356.8034, or email jane.zastrow@novoco.com.

Novogradac & Company LLP

Novogradac & Company LLP

Novogradac & Company LLP has clients in a broad range of industries with an emphasis in the real estate and service sectors. The firm offers value-added services and solutions based on innovative thinking and effective implementation. The firm has the resources necessary to provide outstanding professional services and is dedicated to meeting client needs in a thorough, efficient and creative manner. The firm takes care to fully understand the nature of the client's business and can provide tax and accounting advice as needed throughout the process. Novogradac & Company LLP brings almost 20 years of experience in the accounting industry. The firm offers cost-effective audit, tax and consulting services to clients, most notably in the real estate industry, but also for a variety of industries, including but not limited to not-for-profits, government agencies, development and construction companies, real estate investment companies and securities firms.

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