Affordable Housing Investors Council

2026 Fall Affordable Housing Summit

Brown Palace Hotel
Denver, CO

October 13–15, 2026

Download PDF Version of the Agenda

Select any session with an arrow to view the full description and speakers.

Tuesday, October 13

9:00 am – 12:00 pm
AHIC Board of Governors Meeting (Governors Only)
10:00 am
Registration Opens
11:00 am – 2:00 pm
Emerging Leaders Property Tour and Luncheon (Registration Required)
11:00 am – 12:00 pm – Property Tour
12:00 pm – 12:30 pm – Transportation to Hotel
12:30 pm – 2:00 pm – Buffet Lunch at Hotel
Separate registration required. Open to any AHIC Investor Representative with 7 years or less of experience in LIHTC investing. Registration for the Fall Summit not required. RSVP here.
12:00 pm – 2:00 pm
Open Networking Time (Lunch on Your Own)
2:00 pm – 2:30 pm
Welcome
2:30 pm – 3:30 pm
Denver’s Housing Reset: What Supply Growth Means for Affordability and Investment

Denver’s housing market is entering a new phase. After a historic wave of apartment construction increased vacancies and softened rents, absorption is accelerating and the development pipeline is shrinking, while affordability challenges remain. This panel will explore what these shifts mean for LIHTC investors and developers, how Denver is approaching downtown recovery, and what a completed office-to-affordable-housing conversion can teach other markets.

Moderator: Vivek Sah, PhD, Director | Professor, University of Denver, (Co) Director – Affordable Housing Program, Franklin L. Burns School of Real Estate and Construction Management
Speakers:
  • Scott Rathbun, President, Apartment Appraisers & Consultants
  • Kourtny Garrett, President/CEO, Downtown Denver Partnership
  • Eric Hecox, SVP | Finance & Administration, Shea Properties
3:30 pm – 4:00 pm
Break
4:00 pm – 6:00 pm
Peer-to-Peer Roundtables

Explore topics of your choosing with fellow investors, syndicators and developers. Two one-hour sessions offer you a unique opportunity to have small-group dialogue on current industry trends and topics, including asset management, underwriting, multi-investor fund issues, the legislative and regulatory environment, organizational hot topics and more.

6:00 pm – 7:30 pm
Welcome Reception at the Hotel Dinner on Your Own
Use our curated Denver Restaurant Guide to plan your dinners. Identifies Michelin-star and other award-winning restaurants.

Wednesday, October 14

8:00 am – 9:30 am
Networking Breakfast
AHIC Committee Meetings — committees gather at 8:30 am
9:30 am – 10:00 am
Washington Update

Emily Cadik, CEO of the Affordable Housing Tax Credit Coalition, will provide an update on the evolving federal policy landscape for affordable housing. With two landmark housing bills enacted in the past two years — the One Big Beautiful Bill Act, which expanded the Housing Credit, and the recently passed ROAD to Housing legislation — the discussion will focus on how these new laws are being implemented, what guidance or regulatory action may still be needed, and what comes next on the housing legislative agenda. Emily will also address the renewed focus on Community Reinvestment Act reform, including the recent OCC and FDIC proposed rulemaking and its potential implications for bank investment in the Housing Credit.

Speaker: Emily Cadik, CEO, The Affordable Housing Tax Credit Coalition
10:00 am – 10:30 am
Housing Isn’t Always Enough: What LIHTC Investors Can Learn from Frontline Service Providers

LIHTC investors understand the deal, but are often far removed from the resident experiences that shape whether an affordable housing community succeeds. Beth Southorn, Executive Director of LifeSTEPS, will share what frontline service providers see after lease-up — health challenges, financial shocks, trauma, isolation, and other pressures that can threaten housing stability.

The session will explore the connection between housing and health, the gap between resident-services commitments and actual delivery, and why important resident realities may never reach investors. It will encourage investors to look beyond whether a property has a service plan and ask whether services are adequately funded, responsive to resident needs, integrated with property operations, and contributing to stronger resident and property outcomes.

Speaker: Beth Southorn, Executive Director, LifeSTEPS
10:30 am – 11:00 am
Break
11:00 am – 12:00 pm
Open Forum

Join us for a candid, collaborative conversation about the issues shaping our industry. We’ll surface key themes from the Roundtables, take live and pre-submitted questions, and invite attendees to share what’s challenging, encouraging or surprising in today’s market. This is your chance to speak up — and help shape AHIC’s focus going forward.

12:00 pm – 1:30 pm
Lunch and (Optional) Book Club

The AHIC book club is a highlight of the Fall Summit and an opportunity for networking beyond the usual conference small talk. This year’s book is Golden Gates by Conor Dougherty, which chronicles America’s housing crisis from its West Coast epicenter. No RSVP required. Just read the book and join the conversation over lunch.

1:30 pm – 2:30 pm
Inside the LIHTC Investor Market: Strategy, Scale, and Stress Points

Join AHIC investor members and syndicator partners for a candid discussion of today’s LIHTC market. Panelists will discuss how they are evaluating opportunities, managing risk, and adapting strategies amid credit expansion, the 25% bond test, portfolio performance pressures, staffing constraints, technology changes, and evolving deal structures.

Moderator: Matt Reilin, President and CEO, National Equity Fund
Speakers:
  • Catherine Cawthon, President and CEO, OCCH
  • Matthew Engler, Managing Director, Community Lending & Investments, Wells Fargo
  • Tammy Thiesen, Managing Director, Head of Originations & Syndications, RBC
  • Susan Thomas, SVP, Head of Fifth Third CDC, Fifth Third
2:30 pm – 3:00 pm
Break
3:00 pm – 4:00 pm
Affordable Housing Market Signals: Where the Data Points Next

Drawing on Yardi Matrix’s comprehensive affordable housing database, Jeff Adler will examine what the latest data reveals about the affordable housing market in 2026. The session will explore where affordable and market-rate housing are beginning to compete, which markets are showing affordability pressure or softness, and what emerging trends may mean for underwriting, preservation risk, asset management, and investment strategy.

Jeff will translate national and market-level data into practical takeaways for LIHTC investors, syndicators, and developers navigating a changing operating environment.

Speaker: Jeff Adler, Vice President, Yardi Matrix
4:00 pm – 5:00 pm
How Developers Are Managing Costs, Capital Scarcity, and LIHTC Expansion

Developers are facing elevated construction costs, insurance and interest rates as well as soft-funding gaps, lower equity pricing, investor selectivity, and competition for limited capital. The panel will explore which deals still work, which deals are being paused and what strategies developers are employing to adapt to today’s market conditions.

Moderator: Katie Such, Head of Regions Affordable Housing, Regions Bank
Speakers:
  • Connor Larr, Co-Founder and Partner, Ulysses Development Group
  • Joe Manning, SVP, Capital Markets, Lincoln Avenue Communities
  • Deidre Schmidt, President and CEO, CommonBond Communities
  • Doug Snyder, Vice President, Regional Real Estate Development, Volunteers of America
5:30 pm – 6:00 pm
Transportation to Dinner
6:00 pm – 9:00 pm
Closing Dinner at the History Colorado Center

Thursday, October 15

8:00 am – 12:00 pm
Developers + Investors Leadership Breakfast (AHIC Leadership Only)
8:00 am – 10:30 am
Optional: Property Tour of The Rose on Colfax (Separate Registration Required)

Tour Mercy Housing Mountain Plains’ 82-unit LIHTC family community, built on the site of a former strip club in Denver’s East Colfax neighborhood. The development combines affordable family housing, a co-located early childhood education center, resident services, and neighborhood reinvestment on a prominent urban corridor.

No cost to participate, but separate registration required. Learn more and RSVP here.