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Federal Reserve Bank of Dallas
Southwest Economy
Harvey Highlights Houston MUD Bond Development Funding
Laila Assanie
Michael Weiss

Historic flooding from Hurricane Harvey struck many Houston housing developments whose infrastructure was funded with municipal utility district (MUD) bonds. The tax-exempt debt has been widely used in the Houston area, and in the storm’s aftermath, MUD bond issuance has come under review with the possibility investors may seek greater future compensation.

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Laila Assanie & Michael Weiss, "Harvey Highlights Houston MUD Bond Development Funding" , Federal Reserve Bank of Dallas, Southwest Economy, issue Q2, pages 3-7, 2018.
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