Supercharging Texas Project Returns: The PID/TIRZ Part 2

In this two-part series, Carter and Tim Green of Coats Rose, explore the financing power of adding a Tax Increment Reinvestment Zone (TIRZ) to a public improvement district (PID) and what this combination can do to enhance a project’s overall capital structure and returns.

Here’s a glimpse of what you’ll discover in this two-part episode:

  • What’s a PID and a TIRZ?
  • How can the PID and TIRZ function together?
  • What impact does the TIRZ have the project’s equivalent property tax rate?
  • How does a TIRZ increase the bonding capacity of a PID?
  • What can be funded by the PID/TIRZ?
  • Why would a city want to provide a developer with a PID/TIRZ combination?
  • Review the show notes to see an example of a project with just a PID and one with a PID/TIRZ combination.

I hope that you enjoy the podcast and remember to Dig Deep and Build Strong!Here are the more in-depth notes to accompany the podcast for today: Project DOS Podcast Show Notes

Complimentary Bond Sizing Analysis: