Special-Taxing-District-Friendly Jurisdictions in Texas
The unprecedented demand for land, lots and homes have pushed the existing infrastructure in Texas to maximum capacity. This requires the need for significant capital investment on the part of the private sector.
While most jurisdictions are supporting of special purpose taxing districts, over 60 jurisdictions in Texas are allowing the use of Public Improvement Districts (“PIDs”) which allow developers to fund the construction of public improvements through the use of non-recourse, long-term, tax-exempt bonds.
For a more information or a list of jurisdictions in Texas that have allowed for the creation of PIDs contact Steven Saules at [email protected].
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