TIP is an experienced group of consultants who work with developers and homebuilders in the State of Texas to help finance infrastructure by leveraging their future Municipal Utility District (MUD) reimbursements. Since completing the first MUD receivable financing in 2021, TIP has helped raise more than $1.4B of non-recourse debt to fund construction and reimburse developers for infrastructure projects across the state.
Non-recourse financing that leverages future MUD reimbursements to generate proceeds today
This financing does not impact traditional MUD issuance processes or consultant teams
Typical all-in borrowing costs range of 7-11%
In total principal raised
Completed transactions
Homes benefitted
Speed – TIP has a vetted and tested transaction process that provides efficient and transparent execution.
Experience – The TIP team has completed 30+ transactions totaling over $1.3B in principal.
Funding Options – TIP has the ability to fund construction of eligible public improvements or reimburse for costs already in the ground.
Fully Non-Recourse – Only MUD bond proceeds secure the financing.
Custom Structuring – Every transaction is tailored to your project and financing goals.
*Source: Refinitiv. Deal count of non-rated, tax-exempt municipal utility district receivable transactions, January 1, 2024 - September 29, 2025