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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The infrastructure package features $5.4 billion to fight wildfires. Issuers like California's Yuba Water Agency say the money is a game changer.
May 5 -
The federal government regulates vehicles, while states generally regulate drivers, an unofficial division that creates confusion.
May 3 -
The legislative clock is ticking as midterm campaigning ramps up, but the lame duck session offers a fresh opportunity.
May 2 -
The West Virginia Democrat has been critical of Biden's goal of a speedy transition to electric vehicles, in part because of China's dominance of the battery market.
April 29 -
Transportation Secretary Pete Buttigieg heard concerns from both sides of the aisle during his latest appearance on Capitol Hill.
April 28 -
The Chicago Transit Authority and the Port of Long Beach are among the first public agencies to sign the Equity in Infrastructure Project's pledge.
April 26 -
The new academic center housed at the University of Maryland is developing P3 industry standards and a peer exchange program for state infrastructure czars.
April 25 -
Nebraska is a pay-as-you-go state, which some say has stalled completion of its 600-mile expressway system.
April 22 -
The future is uncertain and population shifts may take decades, but city officials need to start preparing for climate-driven migration now, says a new report.
April 21 -
Having completed its first flood management P3, the Army Corps is embarking on a pair of P3 financings to restore urban ecosystems.
April 20 -
Surface transportation groups like AASHTO want a phased implementation of the IIJA's Buy America policy.
April 18 -
"If you clean it, they will come," says an EPA official as new federal environmental funding helps cities revamp old industrial areas into new neighborhoods.
April 12 -
Competitive grant programs like INFRA can help address the country's infrastructure needs, but it's important that states and cities understand how to apply.
April 7 -
By dampening corporate interest in tax incentives, the new global minimum tax would hurt low-income housing and drive up issuer borrowing costs, a group of 29 organizations said in the letter to Yellen.
April 6 -
The $10 billion bill taps five buckets of ARPA funds, including $877 million allocated for local governments.
April 5 -
The twice-annual call for unsolicited proposals is part of what the state dubs one of the most ambitious P3 transportation programs in the country.
April 4 -
Governors and lawmakers are calling for gas tax holidays amid rising fuel prices, but House Speaker Nancy Pelosi is not on board.
April 1 -
Senate Republicans said the $10 billion COVID bill is paid for with unspent funds from previous pandemic bills, but it appears to avoid tapping state ARPA funds.
March 31 -
U.S. companies that will be affected by the new global minimum tax hold about 80% of the tax-exempt interest reported by all companies, business groups said.
March 30 -
The first tranche of federal dollars are seen as a down payment on what's billed as the most urgent infrastructure project in the U.S.
March 29
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