Tax-exempt securities issued by municipal and state authorities to support low-interest rate mortgage loans for qualified individuals, typically first-time home buyers.
A Municipality Utility District (MUD) is a special purpose district designed to provide utility services such as water, sewage, drainage, and sometimes other services to a limited geographic area. Established as a municipality rather than a private entity, MUDs can leverage lower interest rates available to municipal bonds to finance infrastructure development.
Tax Increment Financing (TIF) is a public financing method that municipalities use to subsidize redevelopment, infrastructure, and other community-improvement projects in distressed areas. The aim is to stimulate economic development and increased property tax revenues.
