Public Improvement District (PID) 22, established in 2023, supports the large-scale master-planned development, Veale Ranch on Fort Worth’s west side. The district is funded through projected assessments levied up to a maximum tax rate equivalent of $3.15 per $100 of assessed value (when combined with overlapping taxing jurisdictions).
PID 22 is designed to support approximately 6,000 single-family homes, 11 million sq ft of multi-family housing, and 18.5 million sq ft of commercial space. In coordination with an overlapping Tax Increment Reinvestment Zone (TIRZ), the district will fund roads, utilities, drainage, landscaping, parks, and other public improvements that go beyond standard city services. These improvements are critical to enabling and sustaining long-term residential and commercial development across this transformational area.
PID Management
- Management Company: Municap Inc.
- PID Manager: Abdi Yassin (866)648-8482
PID Documents