Mello-Roos is a special tax assessment to homeowners in a neighborhood to repay bonds in their community. Mostly a Mello-Roos will be used to help pay for new schools, parks, and recreation centers.
Mello-Roos has been given a negative connotation because it brings your monthly payment up, however many people are aware that statistics show that areas with a Mello-Roos have low crime rates and have highly desirable new schools. Mello-Roos is normally found in newer housing tracts built from 1994-present.
Last modified: December 11, 2017