News & Events - Page 7 of 8 - Strength Matters

New Webinar – Nov. 15 – Tax Paper #2 Partnership Allocations for LIHTC Deals – An Introduction to IRC §704(b)

Presenter, Dan King of CohnReznick, will discuss the recent Strength Matters publication Partnership Allocations for Low-Income Housing Tax Credit Deals – An Introduction to IRC §704(b).

Join us on Wednesday, November 15, 2017 2:00-3:00 PM Eastern Time. Register in advance for this webinar here: https://zoom.us/webinar/register/WN_e0MzHnAhSY2Fc3v1atOyyw

New Publication: Real Estate Sales between Related Entities

The second paper in our Financial Discussion series looks at two questions around the sale of real estate between related entities:

Financial Discussions papers Icon

Accounting by Buyer and Seller Upon Disposition/Acquisition of a Property
Revenue Recognition for Excess Cash Paid by the Buyer to the Seller Upon Sale

Covering GAAP analysis of the questions, CPA recommendations and CFO response

Read the new Financial Discussion paper

December Boot Camp in Washington DC

The next Strength Matters Boot Camp will be in Washington DC as part of NeighWorks Training Institute, between December 11-12, 2017.

Register Now

Email [email protected] with questions.

Strength Matters Boot Camp is designed to provide an overview of the accounting and financial reporting issues faced by a nonprofit housing enterprise. Accounting professionals working in this field require industry-specific information. The course also offers CPE credit. Examples of topics covered in this course:

The accounting differences unique to each entity type, such as limited partnerships.
Funding sources unique to the industry, such as HUD, Low Income Housing Tax Credits and other programs. Funding requests from these and commercial sources are examined both in lecture format and through case study.
Project surplus cash calculations and the loan and regulatory agreements to be considered.
Using materials published by Strength Matters, participants also focus on financial reporting issues that arise throughout the life cycle of an affordable housing property, from predevelopment through year-15 buyouts and beyond.

September Boot Camp in Oakland, CA

The next Strength Matters Boot Camp will be in Oakland, California, on September 28-29, 2017.

Register Now

Email [email protected] with questions.

The accounting differences unique to each entity type, such as limited partnerships.
Funding sources unique to the industry, such as HUD, Low Income Housing Tax Credits and other programs. Funding requests from these and commercial sources are examined both in lecture format and through case study.
Project surplus cash calculations and the loan and regulatory agreements to be considered.
Using materials published by Strength Matters, participants also focus on financial reporting issues that arise throughout the life cycle of an affordable housing property, from predevelopment through year-15 buyouts and beyond.

Logging into the new Strength Matters website – How to Set or Reset Your Account Password

Welcome to the new Strength Matters website!

If you're already a subscriber of Strength Matters, you will need to reset your password in order to login in the new website. Please follow the steps below and email [email protected] if you need assistance.

Visit StrengthMatters.net/login
Click the "Lost Password" option
Enter your email address in the box and click Get New Password
After you have entered your email, you'll be redirected back to the login screen.
Please check your email for an email from Strength Matters with a link to click to reset your password.
The link will take you to a page with a pre-generated new password, you can also enter your own password in the box. After you've picked a password click Reset Password.
Next, you'll see the following message if you've successfully reset your password.
Click Log in to access the login page where you'll need to enter your email address and new password.

New Series – Discussion Issue 1: Grants to Nonprofit Sponsors for Real Estate Development

Discussion Issue 1: Grants to Nonprofit Sponsors for Real Estate Development

The Strength Matters Financial Professionals group presents the first paper in a new series. The paper discusses financial reporting issues around Grants to Nonprofit Sponsors for Real Estate Development. Separated into two subtopics:

Accounting for grants received by nonprofit sponsors on behalf of related party real estate development projects, and
Accounting for notes receivable by a nonprofit sponsor recorded when grant funds are loaned to a related party real estate development project.

Read Now

Save the Date – 2017 Annual Meeting

Please mark your calendars for the Strength Matters® 10th Annual Meeting to be held September 18-19, 2017* at the Embassy Suites in Denver, Colorado.

This gathering of premier nonprofit and mission-oriented for-profit real estate companies, as well as key investment partners, will mark 10 years of industry transformation, map trendlines that emerged from the unprecedented 2007-2008 financial meltdown, and scan the horizon for opportunities to grow our industry’s leadership in the decade ahead.

*We’ll start at 2 p.m. on Monday, Sept. 18, and end on Tuesday, Sept. 19, at 3 p.m.

Invitations will be sent mid-July, but mark your calendar today.

Webinar – How to Increase the Clarity & Quality of Your Financial Statement Footnotes

How to Increase the Clarity & Quality of Your Financial Statement Footnotes

Wednesday, February 22, 2017 2:00 PM (ET)

Need advice on preparing superior-quality footnotes? This webinar will cover:

Learn more about insights that can help ensure your footnotes don’t become inordinately long, repetitive and difficult to comprehend.

Join us for this webinar presented by Lindquist, von Husen & Joyce LLP Partner Scott Seamands with Allison Adduci of Preservation of Affordable Housing (POAH) and Ingrid Avots of Community Housing Capital.