Typically its done for open space or use for community property (ie. fire station location or other county use) and typicaly would assist in increasing tax base.  

Thank you all for the replies, love this community!

Hey Jack,Welcome to the Bigger Pockets community!

Hi Brant, glad to have you as part of this community! 

Welcome to the community and be ready for a huge amount of information at your finger tips.

Have you tried contacting a local community bank? 

I've already been hearing about all the communities and mini cities that they are planning on opening around it as well.

Hey BiggerPockets Community,As we kick off 2025, I’m curious to hear from investors across the board—what strategies are you focusing on this year, where are you implementing them, and why?

The FHA rules/regs (in particular the FHA self-sufficiency test) are applied the same across all markets, and I know for a fact that in rural communities across the country, and big cities that are not particularly desirable places to live, it's not a deal-breaker, I am not commenting on those areas. 

@Nick Connors Welcome to the Community.