A. Ann Hered - Denver, CO

Overview

Ms. Hered is a partner in the firm’s Denver office who concentrates in federal income tax issues, especially the structuring of complex financing involving New Markets Tax Credits. She has participated in the structuring of complex NMTC transactions using nontraditional sources of leverage (including Qualified School Construction Bonds and loans under the HUD 108 program), taking advantage of other available federal tax credits such as the Section 48 Energy Credit, and involving multiple community development entities and investors. Ms. Hered has represented clients on diverse projects, including large mixed use development, green construction, distributed solar, and charter schools.

• Counsel to a financial institution for the renovation of historic downtown buildings for use as hotel, commercial and residential rental properties through a combination of New Markets Tax Credits and the Gulf Opportunity Zone Bonds.
• Represented a community development entity in the structuring and negotiating of a New Markets Tax Credit loan for the renovation of an historic downtown building in Denver.
• Represented a community development entity with the financing of a medical facility using a combination of New Markets Tax Credit and Recovery Zone Facility Bonds.
• Represented a community development entity with a project to install solar panels on top of schools and government buildings which were paid for by a combination of New Markets Tax Credits, federal tax credits for solar energy and state rebates for alternative energy generation.