Land & Developer Impact Fee Financing
Providing developers, municipalities, and schools the opportunity to construct, acquire, and provide additional community facilities to foster growth in their community.
Land Secured Development Bonds and Developer Impact Fee Financing
Weist Law works with land owners and developers to issue a variety of land-secured bonds ("LSDBs"), including Mello-Roos Community Facility District Bonds, and Assessment District Bonds to finance public infrastructure improvement projects (as well as impact fees) secured by residential and commercial real estate.
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LSDBs are often used to finance public infrastructure components of new residential and commercial projects. LSDBs are secured by the pledge of taxes or assessments.
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Developer Impact Fees can also be financed by forming a community facilities district or an assessment district and levying taxes or assessments on individual land parcels. Weist Law is local counsel for CalMuni PFA, which has a pooled tax-exempt bond financing program that can finance developer impact fees and public improvements for private developments.
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