Transaction Details

Par Amount:

$14,284,430

Interest Rate:

7.000%

Closing Date:

June 18, 2026

Debt Structure:

Capital Appreciation Bonds

Pledged Revenue:

Proceeds from the sale of bonds from Wildwood Municipal Utility District. The Series 2026 Bonds are on parity with the Series 2025 A-1 and A-2 Bonds.

Use of Proceeds:

Reimbursement of eligible public improvements

Silverleaf

Wildwood County

  • SilverLeaf is a 479-acre primarily residential development located 17 miles east of downtown Austin and 13 miles west of Bastrop.
  • The project is being developed by MA Partners.
  • At full build out, the project is anticipated to include 1,004 single-family detached homes, 142 units of multi-family, and 13.6-acres of commercial development. The project also includes a new elementary school which is anticipated to open for the 2027-2028 school year.
  • ‍At the time of issuance:
    • 28% of the lots were finished.
    • 61% of lots were sold or under contract with third-party homebuilders.
    • 1% of the homes were complete or under vertical construction.
    • 21% of the reimbursable budget had been spent with $22.5M of reimbursable costs currently outstanding to the Developer.

‍