Texas Special District Financing for Developers
Your Back Office Special District Department
You know how to develop. You know how to sell lots and/or homes. The piece that bleeds time is the public-finance work; planning the financing, preparing pro-forma cash flows; establishing the district, issuing bonds, assembling reimbursement documents and processing reimbursement requests.
This is exactly what Launch Development Finance Advisors does.
One firm, every financing vehicle, every market in Texas.
I’ve attached our Texas Financing Factory™ handout. The table outlines our full scope of services mapped against the most common Texas district — PID, MUD, MMD, WCID / ID, TIRZ, 380 381 Agreements and the MUD Forward Financing Launch Bond® .
A few highlights:
- Market-Driven Bond Sizing — Our financing model runs all major Texas Districts including: PID, PID/TIRZ, MUD and Launch Bond® so that we can outline the pros and cons of each district.
- Pro-Forma Cash Flow Modeling with District Financing — We often assist our client prepare pro-forma cash flows including the impact of District financing(s). It’s what your equity partner will want to see.
- Favorable Financing Language in Annexation and Development Agreements — Most of the special district value is locked in (or lost) at this stage. We make sure it is locked in.
- Reimbursement Tracking & Processing through The Launch Reimbursement System™ — We get your construction costs back faster, with less back-and-forth.
- The Launch Bond® — Our forward-funding structure for MUDs. We invented the concept. Everyone else, merely imitators.
