[BrianL99]

Originally Posted by justjim

OP, our Son has a MBA in finance. A few years ago ,after a couple visits to The Villages, I remember him saying that The Villages business model is the best he has seen. “They have taken the Community Development legislation (CDD) and used it to its potential”, he said. Good for them.

They've gone above and beyond the intentions of the CDD legislation and expanded its potential, far beyond what was envisioned by the creators of the CDD framework.

https://www.**************.com/2020/...-the-villages/ ("Taylor, who later defected to KD Premier Realty, said in training she learned it was “heavily” discouraged to encourage people to pay off the bond.

“I could see a reason for The Villages to not want me telling them that because the interest rate, to the best of my understanding, is paid back to The Villages. Which is the train of thought, looking back on it now, why they would have encouraged us, as sales representatives, to tell people not to pay the bonds off,” she testified in the deposition.")

IRS Decision on Florida Community Development Districts: Commercial Is Out; Residential May Be In | The National Law Review

IRS relentless in probe of Villages bond transactions

IRS decision on Villages' tax-exempt bonds worries residents

Villages Settles Lawsuit | POA of The Villages