An Orientation to the Capital Markets: New Avenues for the Changing Context of Community Development Finance
May 19, 2005
Houston

Sponsored by the Federal Reserve Bank of Dallas and Wall Street Without Walls [PDF].

Note: For an in-depth look at the community development industry’s potential for greater scale, sustainability and impact, see “Community Development Finance: Challenges, Choices, Change,” Federal Reserve Bank of Dallas Banking and Community Perspectives, Issue 1, 2005.

Agenda

8:00 a.m.		Registration and Breakfast
8:30 a.m.		Welcome and Overview
		Donald Bowers Assistant Vice President Federal Reserve Bank of Dallas Houston Branch
		John Nelson Co-director, Wall Street Without Walls Washington, D.C.
		Cheryl Fitzgerald Managing Director, Fannie Mae Foundation Washington, D.C.
		Introduction to the Capital Markets "101"[PDF] Glossary of Terms [PDF]
8:45 a.m.		State of Community Development Finance and Support in Texas and “Burning Issues”
		Reymundo Ocañas President Texas Association of Community Development Corporations Austin Martha Brown Policy Analyst Texas Association of Community Development Corporations Austin "Building a Future: The Contributions of Community Development Corporations in Texas" [PPT]
		Frank Fernandez Director of Programs Austin CDC (now PeopleFund) Austin “Texas Community Development Landscape: Can We Do More with Less?” [PPT]
		Kathleen Starr Senior Program Officer F.B. Heron Foundation New York “New Frontiers in Mission-Related Investing” [PDF]
9:30 a.m.		Defining the Capital Markets and Applications in Texas
		Linda McMahon Senior Vice President JPMorgan Chase Dallas “Preserving and Developing Our Communities” [PDF]
		Ron Wiley President Southern Dallas Development Corp. Dallas “Mission Statement and Organizational History” [PDF]
		Paul Deslongchamps Managing Director and Chief Investment Officer Waveland Ventures Milwaukee, Wis. “Investing in Emerging Domestic Markets” [PPT]
		Charles Tansey Senior Advisor, Office of the CEO NeighborWorks America Washington, D.C. “Surviving & Growing in This Environment” [PDF]
		Moderator Gregory Stanton Co-director Wall Street Without Walls New York
11:00 a.m.		Break
11:15 a.m.		Big Ideas for the Lone Star State: How Texas CDFIs and CDCs Can Improve Access to the Capital Markets
		Chris Conley President Nonprofit Capital, LLC Stamford, Conn. “Facilities and Non-profit Bond Financing” (Overview of Community Health Facilities Fund) [PDF]
		Claudette Kanola Director of Training and Technical Assistance Community Reinvestment Fund Minneapolis, Minn. "Aggregation Models for Scale and Sustainability"
		Jim Reid Executive Director Texas Mezzanine Fund Dallas "An Orientation to the Capital Markets" [PPT]
		Moderator Gregory Anderson Senior Vice President Advest New York "Commercial Real Estate and Public Finance"
12:30 p.m..		Luncheon Panel Innovations in Community Development Finance: Credit Enhancement, Financing ITIN/Immigrant Mortgages and Developing a CED Financial Guarantee
		Mary Sanchez Account Executive World Savings Bank Dallas "Mortgage Innovations"
		Greg Stanton Co-director Wall Street Without Walls New York “Orientation to the Capital Markets for Financing Community and Economic Development” (Includes Review of the Capital Access Pilot Programs) [PPT]
		Charles Tansey Senior Advisor, Office of the CEO NeighborWorks America Washington, D.C. "Capital Exchange and CARS Rating System: Building Performance Data for the Future"
		Moderator Wayne Marsden Senior Advisor, Wall Street Without Walls Washington, D.C.
1:45 p.m.		Breakout Sessions: Advancing the Deal: Making Your Overall Product Mix Profitable
		Business Loans Till Phillips National Advocate for Rural Affairs (retired) Small Business Administration Fort Worth “An Exploration of a Secondary Market for Small Business Loans” [PDF]
		Charles Tansey Senior Advisor, Office of the CEO NeighborWorks America Washington, D.C.
		Affordable Housing Loans and ITIN Mortgages Wayne Marsden Senior Advisor Wall Street Without Walls Washington, D.C.
		Commercial Development and Facilities Financing Gregory Anderson Senior Vice President Advest New York
		Chris Conley President Nonprofit Capital, LLC Stamford, CT
3:00 p.m..		Report Out of Group Discussions: Issues, Findings and Next Steps
		Moderator John Nelson Co-Director Wall Street Without Walls Washington, D.C.
3:30 p.m.		Closing Remarks
		Alfreda B. Norman Community Affairs Officer Federal Reserve Bank of Dallas

• Speaker Bios [PDF]
• Till Phillips' bio[PDF]

Other Resources

• Asset Securitization [PDF]
• Increasing the Stock of Affordable Housing [PDF]
• Mapping for Change: Using Geographic Information Systems for Community Development [PDF]
• The New Markets Tax Credits Program: A CEOs for Cities Briefing Paper [PDF]
• New Markets Tax Credits: Charting the Course [PDF]
• Successful Community Development Finance Transactions [PDF]
• Unblocking Obstacles to Capital Markets for Community Development Lenders [PDF]