Following the release in late July of Proposed and Temporary Regulations by the IRS on the long awaited 50(d) issue that affects the structuring of historic tax credit transactions, Novogradac's 2016 Historic Tax Credit Conference on September 20-22 was certainly a well timed event. The Conference, which was very well attended, covered the 50(d) issues, as well as other pertinent tax credit issues. I attended the Conference and felt that it was a well presented, thought provoking, and beneficial industry event. The City of Cleveland, and it's people are very welcoming, the revitalized downtown area was comforting and warm. It was good to see colleagues and friends from the tax credit industry, to re-connect with others, and to share some laughs, good food and wine.