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Beyond the Bank: Leveraging Municipal Products in the Capital Stack

  • RBC Capital - Suite 3600 609 Main Street Houston, Texas, 77002 United States (map)

Join us on October 16, 2026, from 11:00 AM–1:00 PM CDT for a Lunch & Learn hosted by RBC Capital Markets, featuring Leslie Cook, Director.

Developers know the deal: you build the water, sewer, drainage, and roads up front, and the MUD pays you back over time as homes get built and the district sells bonds. What’s harder to plan for is when that money actually shows up — and what to do with the gap in between. Leslie Cook of RBC Capital Markets will walk through how MUD bonds and other municipal financing options fit alongside your equity, bank loans, and infrastructure spending, and what drives the timing of reimbursements: how much the district can borrow, where interest rates are, and when it makes sense to go to market.

Key Takeaways

  • How to build MUD reimbursements into your project’s financing plan

  • What the district’s borrowing limits, interest rates, and bond timing mean for your cash flow and returns

  • When to loop in your financial advisor and the rest of the project team

Lunch Provided. RSVP Required.

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September 16

Land Banking & Development Capitalization: How the Capital Stack Is Changing

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November 11

Looking Ahead: Texas's 90th Legislative Session