Published 03-18-04
Submitted by Novogradac & Company LLP
Designed to benefit sponsors, fund managers, investors and others engaged in profitable and effective community investing, East and West: Innovations in Community Equity Finance at the Baltimore Marriott Inner Harbor explores the formation and operation of successful funds, how foundations create relationships with community-based groups, the roles and goals of fund managers and sponsors, how to build inner city land assembly funds, the use of grant making and below-market and market-rate debt and equity investments, and how developers and investors can collaborate for success. Victor L. Hoskins, Secretary, Maryland Department of Housing and Community Development will present the conference's keynote address.
This Novogradac & Company LLP conference is co-hosted by Economic Innovation International Inc., a management-consulting firm specializing in strategic economic development in this country and overseas, and the Maryland Department of Housing and Community Development. Since 1970, Economic Innovation International has created more than $50 billion of new development finance institutions in North America, Europe and the Pacific Rim. In the past five years the firm has helped create more than $500 million of privately capitalized venture capital funds that generate a risk adjusted market rate of return for investors and measurable job and wealth creation for residents of low- and moderate-income neighborhoods. The Maryland Department of Housing and Community Development, created in 1987, is a cabinet-level state agency committed to expanding homeownership, strengthening communities, and protecting the state's cultural heritage. DHCD's programs focus on increasing affordable work-force housing, revitalizing neighborhoods, and preserving Maryland's historic sites and traditions.
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 offices in San Francisco and Long Beach, Calif.; Atlanta, Ga.; Austin, Texas; Kansas City, Kan.; Washington, D.C.; and Dover, Ohio, the firm provides a full spectrum of attest, tax, valuation, market research and consulting services to community development and affordable housing developers, syndicators, lenders and investors.
For more information about Novogradac & Company LLP's events and products, visit www.taxcredithousing.
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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