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Community Facilities Districts

Fannie Mae

Updated 10-31-2026

Community Facilities Districts

Localities that have been empowered by state law to levy special taxes on their residents to fund the capital costs of a wide variety of public improvements (such as roads and sewer services), as well as the ongoing operation and maintenance costs of a limited number of public services (such as schools, police and fire protection services, libraries, etc.) that benefit the community.

Fannie Mae Glossary of Terms

Fannie Mae · p. 7

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