Harvey Highlights Houston Mud Bond Development Funding
5 Pages Posted: 13 Jul 2018 Last revised: 29 Apr 2020
Date Written: 2018
Historic flooding from Hurricane Harvey struck many Houston housing developments whose infrastructure was funded with municipal utility district (MUD) bonds. The tax-exempt debt has been widely used in the Houston area, and in the stormâ€™s aftermath, MUD bond issuance has come under review with the possibility investors may seek greater future compensation.
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