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Texas Infrastructure Program Closes Five Development Financings in Three Months

Houston, July 16, 2025 (GLOBE NEWSWIRE) -- The Texas Infrastructure Program (TIP), a team of consultants that work with developers to leverage their future MUD reimbursements, announced the closing of five transactions throughout the last 3 months. TIP transactions such as these provide developers with non-recourse, early-stage financing that helps fund the construction of public infrastructure projects in new communities across the state. Gaining momentum with 10 successful closings thus far in 2025, TIP continues to innovate in this market by partnering with developers to push the envelope of what's possible with this tool.

"The TIP team is the most experienced in the state of Texas, having successfully completed several transactions in every major metropolitan area," says Michael Libera, Managing Director at SAMCO Capital Markets. "These five most recent financings not only highlight our efficient process and experienced team but further showcase our ability to collaborate with clients to meet their unique, project specific goals and timelines."

Financing Highlights

Briarwood and Park Place, two new community developments located east of Austin in the City of Elgin, were completed in a single pooled TIP transaction. Briarwood, a 205-acre community, will include over 900 homes, 6 acres of commercial development, over 33 acres of parks and open space, and a 2.7-acre lakefront amenity center. Park Place, a 76-acre mixed-use development, will offer 234 townhomes, 300 multi-family units, a 37-acre park, and an 18-hole disc golf course. This pooled transaction totaled $17.5 million and was secured in partnership with Ashton Gray Development.

Northspur, located east of Dallas in the City of Terrell, is a 700-acre primarily residential development with plans for over 1,500 homes, an amenity ...