While the acronym sounds more like a virus, if it works, CFD's will likely be welcomed as beneficial to Osceola residents as bumble bees are to plants. A common facilities district or CFD has been implemented by two exclusive communities within the Greater Poinciana area so far: Crescent Lakes and Cypress Woods.
Cypress Woods' CFD was created in 2007. Crescent Lakes' was implemented just last year, after the community apparently terminated its homeowners association, HOA, by force. For communities throughout Osceola being managed by HOA's now ransacked by rampant foreclosures, abandoned homes, disappearing tax bases, and the malfeasance associated with newly depressed communities, CFD's have the unique ability to form teeth. HOA's dues, for example, could be collected by a CFD instead of an HOA and, if not paid, a CFD could place liens against properties, which HOA's are not empowered to do.