A CDD, or Community Development District, is a local unit of special-purpose government, established by Chapter 190 of the Florida Statute. CDDs do not have any regulatory powers as a county or city does. Instead, these zones are backed by a special-purpose bond that is established by the community’s developer. CDDs are a cost-effective way of financing the development of a new community’s services and initial infrastructures, like sewers, roads, water supply, common area grading, utilities, ponds and recreational amenities.