Episode 92 – The Rise of Texas MMDs with Ross Martin of Winstead PC (Part 2)
In episode 92 of the Land to Lots™ Podcast, Part 2 of Carter’s conversation with Ross Martin of Winstead PC continues the discussion around Municipal Management Districts in Texas and the broader considerations developers evaluate when selecting the right district structure for their projects. Carter and Ross explore how different district tools may apply under various circumstances and the factors that influence those decisions.
The conversation also touches on the advantages and limitations of MMDs, the types of financing approaches used in the market, and the practical lessons that come from working with special districts over many years. Ross shares his perspective on how the industry has evolved, the guidance he received early in his career, and the issues that continue to shape district financing in Texas today.
In this episode, you’ll learn:
- How Ross advises clients when deciding between MMDs, PIDs, PID and TIRZ structures, or in-city MUDs.
- How those recommendations change when a project is located in unincorporated county areas.
- The core advantages of using an MMD for infrastructure financing and long-term project management.
- The limitations of an MMD and the circumstances in which another district type may be a better fit.
- The most innovative financing structures Ross has encountered and why they were successful.
- Ross’s biggest learning experience related to MMDs and how it informs his current practice.
- The most significant changes in the private sector’s use of special districts over the past 20 years.
- The best professional advice Ross received early in his career and how it shaped his work.
- The issues within district financing that still keep him up at night.
Show Notes:
Ross Martin – Contact Information
O – 214.745.5353
W – https://www.winstead.com/People/Ross-Martin
Plus: Whenever you’re ready, here are 4 ways Launch Development Financing Advisors™ (Launch) can help you with your project:
- Prepare a Texas MUD Forward Funding Launch Bond Analysis® for your Project – If you have a project in Texas with a MUD, MMD or similar district contact Carter Froelich carter@launch-dfa.com and have Launch prepare an initial complimentary Launch Bond analysis for your project.
- Add Favorable Financing Language to Annexation and/or Development Agreements – Create certainty and flexibility related to your project’s infrastructure financing by having Launch professionals prepare handcrafted favorable financing language for inclusion in your Annexation and/or Development Agreement. Contact Carter Froelich carter@launch-dfa.com for more information.
- Perform The RED Analysis™ on your Project – We have developed a unique process at Launch called The RED Analysis™ in which we perform a diagnostic review of your project to determine possible ways to Reduce, Eliminate and Defer infrastructure construction costs in order to enhance project returns. Contact Carter Froelich carter@launch-dfa.com for more information.
- Track Your Reimbursable Costs Utilizing The Launch Reimbursement System™ (“LRS™”) – Never lose track of your district eligible reimbursable costs and have Launch manage your district’s costs reimbursement tracking, preparation of electronic reimbursement submittal packages and processing of your reimbursement requests with the district, jurisdiction and/or agency. Contact Curry Froelich curryf@launch-dfa.com for more information.
Complimentary Offers for Land to Lots™ Listeners
Complimentary Land to Lots Book
Complimentary Bond Sizing Analysis
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Connect with Carter Froelich
Connect With Launch Development Finance Advisors
Carter Froelich – 480-828-9555 / carter@launch-dfa.com
Carter Froelich hosts the Land to Lots™ podcast powered by Launch Development Finance Advisors. Carter shares how he and his team help their clients finance infrastructure, reduce costs, and mitigate risks all with the goal of enhancing project profitability.
