With demand for new homes at a fever pitch across Texas, developers of master-planned communities can spend tens of millions of dollars to lay out roads, water and sewer lines, treatment plants and the like.
Now, a new tool is helping to accelerate the repayment of funds shelled out for infrastructure improvements. And with almost $700K in financing under its belt, Launch Development Finance Advisors’ forward-funding bond program is already spawning other Lone Star State imitators.