When you’re underwriting a residential development in Tennessee, the timing and cost of public infrastructure hits your returns hard. But there is a way to soften the blow.

Tennessee Infrastructure Development Districts (IDD) let you replace high-cost equity and inflexible third-party debt with long-term, non-recourse  tax-exempt bond financing for public roads, water, sewer, and drainage all repaid through annual special assessment  payments that transfer to homebuyers at closing. The result: a lower blended cost of capital, improved IRR, and a reduced debt/equity requirement.

The professionals at Launch Development Finance Advisors bring 40+ years of special district experience to the table. We serve as the private sector’s representatives in matters of public infrastructure finance, guiding clients through IDD bond sizing, formation, assessment methodologies, and bond issuance. In short, we act as your company’s IDD department.