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
With MUD Financing
Tax-exempt bonds fund infrastructure
~$250,000
home price (modeled)
~$2,235 / mo total
Step 1: Without MUD financing, infrastructure costs are often built into the home price, leading to higher purchase prices and income requirements.