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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Bringing on private partners early to help design a project through a progressive development agreement can reduce uncertainties and mean more accurate pricing.
December 10 -
County executives said they need to protect against flooding, sea level rise, erosion and other climate change-related damage.
December 9 -
The National Association of Counties, which has been a chief supporter of the measure, said it would renew its push in the new year.
December 8 -
The measure would allow issuers to tap unused pandemic aid for transportation, infrastructure and disaster aid relief.
December 7 -
States could be forced to return stimulus aid if the Treasury Department finds the funds were used to offset tax cuts.
December 6 -
With the ink drying on the new Infrastructure Investment and Jobs Act, eyes now turn to the implementation of one of the largest infrastructure programs in American history.
December 3 -
Muni advocates say they want a lawmaker with local government experience to take over as influential chair of the House Committee on Transportation and Infrastructure.
December 2 -
States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.
December 1 -
Rising rates and rising inflation are key concerns for municipal bond buyers.
November 30 -
The House is expected to introduce another temporary government funding bill this week before turning to the debt ceiling issue.
November 29 -
If enacted, Build Back Better would promote economic growth and likely have a limited impact on inflation, ratings agencies say.
November 24 -
States are spending more money on highways, translating into improvements across many performance measures.
November 23 -
The new tax-exempt private activity bond categories for broadband and carbon capture projects are designed to avoid straining state volume cap.
November 22 -
McKinsey partners had access to material nonpublic information about Puerto Rico while overseeing an internal fund's investment decisions that included the sale of $1 million of Puerto Rico bonds, the SEC said.
November 19 -
President Joe Biden's $1.7 trillion bill passed the House after months of debate and without any of the municipal bond market's priorities.
November 19 -
The U.S. DOT wants to make applying for grants in the $1.1 trillion infrastructure bill as easy as possible. More than 40 new programs will be created under the new law.
November 18 -
Treasury may have some leeway when interpreting the new tax and buysiders say it's unlikely to hurt demand even if it becomes law.
November 16 -
President Joe Biden Monday signed into law a $1.1 trillion infrastructure bill.
November 15 -
The inability to advance refund has cost issuers up to $10 billion since 2020, according to Municipal Market Analytics, a figure lobbyists hope will help make their case.
November 12 -
By lowering the amount of private activity bonds needed to finance low-income housing, the provision would free up PABs volume for other projects.
November 11
