What is Mello-Roos?
Home Page
Rental Search
Personal Info
Info Request
Homes For Sale
Area Information
Additional Info
Do you qualify for your property tax base to be transferred?
Buyers Request Form
Sellers Request Form
What is Mello-Roos?
Capital Gains
Truth-In-Lending Questions & Answers
Identity Fraud
New Options of Holding Property Title
Inspect Your Furnace Before the Chill
What is title insurance?
Understanding Your Credit Score!
Leases - Available
What's My Home Worth?
Free Real Estate Reports
Dream Home Finder
Home Buying Info
15 Reasons Why I Should be Your Real Estate Agent
Different Types of Real Estate Home Loans
For Sale by Owner Real Estate Info
Free E-mail Property Updates
Free Market Update
Free Real Estate Newsletter
Home Gardening Info
Home Improvement
Home Moving Assistance
How Much Real Estate Can You Afford
Just for Kids
My Real Estate Link Partners
Real Estate and Mortgage Glossary
Real Estate Mortgage Programs
Real Estate Refinancing Information
Real Estate Tax Info
Selecting your next home
Tourism and Travel
Why Select me to Help You Sell Real Estate
Why Select me to Represent you when Buying Your Next Home
Real Estate Mortgage Calculators
Real Estate and Consumer Info
Real Estate and Community Bulletin Board
Free Property Updates
My Listings
Property Search - Residential
Property Search (California RETS - Rental)
Property Search (California RETS - Mobile Home)
Property Search (California RETS - Land/Lot)
Property Search (California RETS - Residential Income)


How It Works

  1. A Mello-Roos Community Facilities District (CFD) is formed. Mello-Roos is a method of financing government entities (cities, counties, school districts and other special districts) to fund the cost of public improvements. Before government entities can froma CFD, they must wither obtain permission from area landowners or hold an election of registered voters within the CFD.
  2. The municipality sells bonds on behalf of the CFD.  These bonds are sold to private investors who purchase them for tax-free interest income. The money raised through the bond sales becomes the debt obligation of the CFD.
  3. Bond proceeds are used to pay for public improvements within the CFD. The types of improvements, which can be funded by a CFD, are much broader than those types of improvements, which can be funded by traditional assessment districts. For example, schools, police stations, fire stations and libraries can be constructed with CFD bond proceeds, as well as roadways, wter lines, and other traditional types of public improvements. CFD's can also be formed for purposes of public facility maintenance.
  4. Money is repaid to bondholders through the Mello-Roos special tax. The service for the bonds is repaid by the levy of a special tax on property within the CFD. The amount of the special tax is determined by each CFD's Special Tax Formula, and may vary between property types. The special tax revenue is used to pay back the investment, repay principal and interest to bondholders. Taxation and repayment continues each year for the life of the bond issue, usually 20 to 40 years.



Bennion Deville Homes
27941 La Paz Road Suite A • Laguna Niguel, CA 92677
Phone: (949)463-1394 • CA BRE# 01312208
Committed to Your Real Estate Needs

Laguna Niguel , Aliso ViejoDana Point, Laguna BeachSan Juan Capistrano

Copyright © 1997-2017 Superlative Inc. All Rights Reserved.