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Milo Farms

Fort Bend County, Texas

Milo Farms is a proposed 413-acre primarily residential development located entirely within Fort Bend County MUD No. 231 (the "District") and unincorporated Fort Bend County, TX, which is about 45 miles southwest of downtown Houston. At full build-out, the project will include 1,254 single-family detached lots, two parks, two amenity centers, and potential commercial development and open space. The project is being developed by Rooted Development.

Par Amount

$30,166,103

Coupon

7.750%

Closing Date

07/15/2025

Debt Structure

Capital Appreciation Bonds

Pledged Revenue

Proceeds from the sale of bonds from Fort Bend County Municipal Utility District No. 231

Use of Proceeds

Funding of eligible public improvements

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