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Dykema to Co-Host Novogradac Historic Tax Credit Conference in Detroit

Two-Day Session in Mid-September to Provide Practical Insights into Investor Issues, Deal Structuring and Legislative Climate

August 2, 2013

Members of Dykema’s Tax and Real Estate Groups will attend and participate in the Novogradac Historic Tax Credit Conference, to be held September 19-20, 2013 at the MGM Grand Casino and Hotel in Detroit. Dykema is co-hosting this conference, which is expected to attract more than 200 leading industry practitioners, including developers, investors, policy makers and attorneys.

Rochelle Lento, a Detroit-based attorney in Dykema’s Real Estate Group whose practice focuses on affordable housing development and economic development transactions, will be on the co-host panel; and Tony Ilardi, a Bloomfield Hills-based attorney in Dykema’s Tax Group, whose practice focuses on economic development utilizing various tax incentives, will be on a panel on the Historic Boardwalk case.

Since its enactment as part of the 1986 Tax Reform Act, the Federal Historic Rehabilitation Tax Credit—a tax incentive to encourage preservation of historical buildings—has helped revitalize communities, created millions of jobs and leveraged billions in private investment capital. This conference will provide attendees:

  • An in-depth look at investor issues and solutions/strategies for small transactions;
  • A review of various ways to finance Historic Tax Credit projects, including the use of EB5 funds and other non-traditional sources of capital
  •  Helpful insights into the practical and technical issues of Historic Tax Credit projects;
  • An examination of the key legislative issues in the Historic Tax Credit arena
  • A look into the benefits and challenges of “twinning credits”: combining Historic Tax Credit with New Markets Tax Credit
  • A discussion of the Historic Boardwalk Case: its implications and impact upon future growth

To learn more about this conference, or to register, click here.