Modeled example: Houston-area new homes with MUD financing versus without

A 3-step interactive comparison. Step 1: Without MUD, home price about 475,000 dollars, infrastructure embedded in price. Step 2: With MUD, home price about 250,000 dollars, bonds fund infrastructure. Step 3: Compare monthly payments and income to qualify. Source: ABHR and CBAS modeling.

Without MUD Financing

Infrastructure often embedded in price

~$475,000

home price (modeled)

~$3,652 / mo total

Income to qualify ~$156,500

With MUD Financing

Tax-exempt bonds fund infrastructure

~$250,000

home price (modeled)

~$2,235 / mo total

Income to qualify ~$95,800

Step 1: Without MUD financing, infrastructure costs are often built into the home price, leading to higher purchase prices and income requirements.