Caitlin Devitt has covered the municipal bond market since 2008. She began her journalism career at the Herald Newspapers on the South Side of Chicago, starting as a reporter and rising to Managing Editor. While at The Bond Buyer, she covered the Detroit bankruptcy among other Midwest-based stories. Devitt joined Debtwire Municipals in 2016, where she covered the high-yield municipal bond market for five years, before returning to the Bond Buyer as Senior Infrastructure Reporter. She lives in Chicago with her family.
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Maryland blames a "post-pandemic market" for cost increases lifting the light rail line's price tag to $9.28 billion. The system is to open four years late in 2026.
January 21 -
Cities led the American recovery last year, Yellen told mayors at the U.S. Conference of Mayors winter meeting.
January 19 -
If Congress opts for a continuing resolution instead of a full-year appropriation, transportation lobbyists said they would ask for an exception so that IIJA funds can begin to flow.
January 18 -
The investment could repair 15,000 bridges across the country and requires states to set aside at least 15% for local bridges.
January 14 -
The latest round of federal aid is not enough to move the needle over the long term.
January 13 -
The new water resources act comes as the Army Corps of Engineers' civil works program is set to see the largest influx of funding in its history.
January 13 -
With an insolvent Highway Trust Fund, alternatives to the federal fuel tax are more important than ever.
January 11 -
If it clears the legal hurdle, the company that owns the $30 billion project may seek a $12 billion Railroad Rehabilitation and Improvement Financing loan.
January 10 -
It would mark only the third transit P3 in the country and would be under pressure to deliver without the problems that dogged the other two.
January 6 -
The proposed guidance, which restricts new highway capacity projects, may be applied to legacy programs like TIFIA as well.
January 4
