On Tuesday, January 31 and Wednesday, February 1, 2023, the Affordable Housing Tax Credit Coalition held its 2023 Annual Meeting in Scottsdale, Arizona at the Omni Scottsdale at Montelucia. Attendees benefited from educational sessions on the most pressing issues facing the Low-Income Housing Tax Credit (Housing Credit), remarks from special guests, including Arizona Governor Katie Hobbs, and networking opportunities. AHTCC members also elected AHTCC officers for 2023, discussed the agenda for the year ahead, voted on the AHTCC’s 2023 legislative priorities, and engaged in committee meetings.
See highlights of the event, including featured panels and the AHTCC’s 2023 Legislative and Regulatory Priorities, below.
Congratulations to the 2023 AHTCC Officers
Each year at the AHTCC Annual Meeting, the AHTCC votes to approve the new slate of AHTCC officers. Congratulations to the 39 members of the AHTCC Board of Directors below who will serve as officers in 2023 and thank you for your support of the AHTCC. Learn more about the AHTCC officers here.
President: Ryan Sfreddo, Red Stone Equity Partners
Chairman: Matt Josephs, Local Initiatives Support Corporation
First Vice President/Legislative Committee Chair: Dudley Benoit, Alliant Capital, Ltd.
Secretary: Julie Sharp, Merchants Capital
Treasurer/Membership and Finance Committee Co-Chair: Bryan Keller, RubinBrown LLP
Vice Presidents:
- Membership and Finance Committee Co-Chair: Ronne Thielen, R4 Capital LLC
- Marketing and Communications Committee Co-Chair: Stacie Nekus, KeyBank
- Marketing and Communications Committee Co-Chair: Paula Prahl, Dominium Development & Acquisition
- Legal and Technical Advisory Committee Chair: Alan Cohen, Holland & Knight, LLP
- Executive Committee At-Large Members:
- Nancy Amstadt, RBC Capital Markets
- Stacie Nekus, KeyBank
- Michael Novogradac, Novogradac & Company LLP
- Phillip Stoffregen, Pedcor Companies
- Presidents Emeritus:
- Todd Crow, PNC Real Estate
- Ronne Thielen, R4 Capital LLC
- Thom Amdur, Lincoln Avenue Capital
- Bennett Applegate, Applegate & Thorne-Thomsen
- Iris Bashein, Bank of America Merrill Lynch
- Tony Bertoldi, CREA, LLC
- Richard Burns, The NHP Foundation
- Maria Bustria-Glickman, U.S. Bancorp Community Development Corporation
- Ed Campbell, WNC, Inc.
- Jack Casey, Meridian Investments, Inc.
- Larry Curtis, WinnDevelopment
- Brett Geiger, J.P. Morgan
- Rob Golden, Capital One
- Debra Guerrero, The NRP Group
- Scott Hoekman, Enterprise Housing Credit Investments
- Todd Jones, Boston Financial
- Alisa Kennedy, Dentons
- Jeffrey Kittle, Kittle Property Group
- Bart Mitchell, The Community Builders, Inc.
- Beth Mullen, CohnReznick LLP
- Matthew Mullen, Nixon Peabody LLP
- Heather Perry, Dauby O’Connor & Zaleski LLC
- Joe Purcell, The Michaels Organization
- Tom Tomaszewski, The Annex Group
- Jeffrey Weiss, Hunt Capital Partners
- Steven Whyte, Vitus
- Tricia Yarger, Fairstead
- John Zeiler, Hudson Housing Capital LLC
AHTCC Adopts 2023 Legislative and Regulatory Priorities
Since 1988, the AHTCC has been at the forefront of efforts to protect, strengthen, and expand the Housing Credit. In 2023, we will continue fighting for legislative proposals to increase Housing Credit production, including lowering the 50 percent test and increasing the Housing Credit allocation; promoting Housing Credit regulatory flexibilities; and protecting Housing Credit investment in efforts like Community Reinvestment Act reform and the Pillar II rules implementing a global minimum tax. Click here to view our updated 2023 priorities.
Remarks from Arizona Governor Katie Hobbs
Governor Katie Hobbs addressed the 2023 Annual Meeting and participated in a Q&A session with attendees. She was recently elected as the 24th governor of Arizona last November and was sworn into office on January 2, 2023. Previously, she served as the 21st secretary of state of Arizona from 2019 to 2023, in the Arizona Senate from 2013 to 2019, and in the Arizona House of Representatives from 2011 to 2013.
Remarks from Mayor Kate Gallego, City of Phoenix
Mayor Kate Gallego addressed the 2023 Annual Meeting. She has served as mayor of the City of Phoenix since 2019. She is the second elected female mayor in Phoenix history. Prior to her service as mayor, she previously served on the Phoenix City Council from 2014 to 2018.
Remarks from Mayor Corey Woods, City of Tempe
Mayor Corey Woods addressed the 2023 Annual Meeting. He has served as mayor of the City of Tempe since his election in March 2020. He previously served on Tempe City Council from 2008 to 2016, where he championed initiatives in the areas of affordable housing and human services.
Video Remarks from Representative David Schweikert (R-AZ-1)
Rep. Schweikert, who has served in Congress since 2013, serves on the House Ways and Means Committee, and was a co-sponsor of the Affordable Housing Credit Improvement Act (AHCIA) of 2021, provided video remarks to welcome attendees to the 2023 Annual Meeting. In his video, Rep. Schweikert emphasized the importance of bipartisan advocacy in order to secure more and better affordable housing.
Recorded Remarks from Senator Kyrsten Sinema (I-AZ)
Senator Kyrsten Sinema (I-AZ), who has served Arizona since 2019 and was a co-sponsor of the AHCIA of 2021, also provided recorded remarks for the 2023 Annual Meeting. In her remarks, Sen. Sinema emphasized her support for the Housing Credit, and reiterated the critical need to boost our nation’s supply of housing by expanding the program.
2023 Annual Meeting Panels
Legislative Update and 2023 Strategy
Moderated by Emily Cadik, AHTCC Chief Executive Officer, with panelists Melissa Francis, Venn Strategies, and Ryan Sfreddo, Red Stone Equity Partners and AHTCC Board President.
Regulatory Issues Impacting the Housing Credit
Moderated by Beth Mullen, CohnReznick, with panelists Michael Novogradac, Novogradac & Company LLP; Shannon Ross, Housing Partnership Network; and Jennifer Schwartz, National Council of State Housing Agencies.
Housing Issues Impacting Arizona and the Southwest
Moderated by Brian Swanton, Gorman & Company, with panelists Cindy Stotler, Arizona Department of Housing; David Clower, Raza Development Fund; and Joe Keeper, Native American Connections.
Green Affordable Housing
Moderated by Thom Amdur, Lincoln Avenue Capital, with panelists Peter Lawrence, Novogradac & Company; Maureen Reichert, RubinBrown LLP; and Chris Jillings, Cinnaire.
Development Hot Topics
Moderated by Debra Guerrero, The NRP Group, with panelists Cathe Dykstra, Family Scholar House; Milton Pratt, The Michaels Organizations; and Linda Mandolini, Eden Housing.
The Housing Credit Market in 2023: Equity and Investor Issues
Moderated by Dudley Benoit, Alliant Capital and AHTCC First Vice President, with panelists Stacie Nekus, KeyBank; Tony Bertoldi, CREA LLC; Iris Bashein, Bank of America; and Larry Baerveldt, U.S. Bancorp Community Development Corporation.
Bipartisan Advocacy in the 118th Congress
Moderated by Caroline Zonts, AHTCC, with panelists Joshua Yurek, Midwest Housing Equity Group; Kevin Dowling, Venn Strategies; Jennifer Bowman, Michigan State Housing Development Authority; and David Gasson, MG Housing Strategies and the Housing Advisory Group. The panel outlined key ways AHTCC members can help us advocate, offered actionable steps to help demonstrate the impact of the Housing Credit, and provided insight on how to make your advocacy most effective in the year ahead. For advocacy assistance or further information about this panel, please reach out to us.
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