Your Partner for Special District Financing
To build in Texas, you need access to capital and a financing partner committed to seeing your projects succeed. Baird’s special district team has over 90 years of combined experience helping land developers, architects and other special district professionals build up Texas’ communities. Let us show you the difference an independent and employee-owned financing firm can make for your business.
Why Special District Financing?
Building community infrastructure for such services as water supply, sewer and drainage, as well as parks and street lighting, isn’t just expensive – it requires much of the funding upfront. So what options do developers have?
They can secure private financing, which can incur higher interest costs and longer reimbursement times, or substantially raise the prices of the units, which can deter buyers. But more and more, developers are funding their projects through the public sale of tax-exempt municipal bonds.
Through the sale of muni bonds, developers can:
- Get reimbursed throughout the project rather than at its completion
- Spread out their costs over the lifecycle of the utility’s improvements
- Reduce the amount of capital they need to begin new development
With a deep bench of experienced professionals, Baird has the expertise and relationships needed to help developers access capital quickly and effectively. Contact us today and let us show you how we can help your business.
Baird’s Special District Team
We are a leading Municipal Advisor for municipal utility districts, special districts and water authorities across Texas. Our team of five bankers and nine financial analysts/support bankers have nearly a century of experience and provide clients with resources and innovative financing ideas tailored to this unique sector. Our specialized expertise in this area and clients-first philosophy have helped build more than 375 different districts and authorities at every level of development across Texas.
Jan Bartholomew, a Managing Director for public finance in Houston, talks about the importance of having a mentor and how the world has changed during her career – for the better.