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Special Districts Pave the Way for Major Residential Developments in North McKinney

by | Dec 17, 2024 | 0 comments

Two significant residential developments are on the horizon for north McKinney, each involving the creation of special purpose districts to facilitate infrastructure financing. The Honey Creek project has already established a municipal management district (MMD), while the Colmena Ranch development is in discussions with city officials to potentially form a similar district. These MMDs are instrumental in supporting large-scale projects by providing special financing mechanisms for necessary infrastructure. Click below to read the complete article on Community Impact.

Read the full article on Community Impact

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