What is a CDD?
Otherwise known as a Community Development District, a CDD ensures an exceptional quality of living for our Yellow Bluff Landing residents. Our CDD provides the management and financing infrastructure needed to support the maintenance of our community, so our residents can enjoy many benefits not offered by other communities. The CDD – a recognized legal body – can obtain tax-free bonds to expand development and meet the growing needs of our homeowners.
Responsibilities of a CDD
Yellow Bluff Landing's CDD covers a variety of community services, including:
- Storm water management
- Potable and irrigation water supply
- Sewer and wastewater management
- Street lights
- Retention ponds
- Roads, curbs, and traffic signs
- Entrance walls, fences, and signage
CDD Benefits for Residents
Yellow Bluff Landing's bondholders have assumed the cost of funding this one-of-a-kind community in exchange for 30 years of income in annual interest payments. The CDD ensures that the unique value and high-quality of living that Yellow Bluff Landing residents enjoy will endure for decades to come. Some of these benefits include:
- Reduced home prices
- Reduced mortgage payment
- Lower HOA fees
- Deductable/escrowed CDD costs
- Lower county tax base
