SAN FRANCISCO, CALIF. - A surge in social activism has made "double bottom line" funds an increasingly viable form of community based investing. Civic organizations, community activists and government agencies are partnering with for-profit private equity funds to produce market rate returns, all the while revitalizing inner-city neighborhoods. At Novogradac & Company LLP's Community Based Investing Conference: Best Practices for Double Bottom Line Results in San Francisco, Calif. on November 11-12, 2004, the industry's leading professionals will discuss these and other issues surrounding one of the fastest-growing areas of the financial industry.

Designed to benefit developers, lenders, accountants, attorneys, redevelopment agencies, fund managers, key investors and community and local development officials, Community Based Investing Conference: Best Practices for Double Bottom Line Results will gather at the Omni San Francisco Hotel, November 11 and 12, to explore the opportunities and rewards of investing in the revitalization of distressed communities. Rocky Delgadillo, Los Angeles City Attorney, will present the conference's keynote address.

Community Based Investing Conference: Best Practices for Double Bottom Line Results is co-hosted by Economic Innovation International and Portland Family of Funds A Community Investment Bank and co-sponsored by Phoenix Realty Group.

Novogradac & Company LLP is a national certified public accounting and consulting firm headquartered in San Francisco, with offices in Metro Atlanta, Ga., Washington, D.C. and Philadelphia, Pa.; as well as offices in Long Beach, Calif.; Overland Park, Kan.; Austin, Texas; Dover, Ohio; and Boston, Mass. The firm maintains clients in a broad range of industries with an emphasis in the real estate and service sectors. It provides national clients with a full spectrum of audit, tax, valuation, litigation support, and general consulting services to publicly and privately held enterprises.

For more information about Novogradac & Company LLP's Community Based Investing Conference visit www.taxcredithousing.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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