Shivaram and Kiran are buying a home in a new subdivision. Due to all of the subdivisions in the area, a new elementary school is being built. Additionally, a new area park is planned. Shivaram and Kiran have been informed the taxes on their new home are substantially higher than their previous property. Why

The Mello-Roos Community Facilities Act of 1982

Explanation:

The Community Facilities Act enacted in 1982 with the motive to generate the alternative method of financing required to improve every type of services with respect to schools, areas, etc

Here in the question, it is mentioned that there is plan of new area park and also the new home taxes are more than the last property they have. This is done due to this above act

hence, the same is to be considered

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.

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