Thomas Nocera joined The Bond Buyer in 2022 to cover the Northeast region. He began his career in local journalism, covering crime, politics, business, and the culture of New York City's most populous borough, Brooklyn. During the pandemic, Thomas covered the national healthcare industry for the Guardian News and later worked with the GroundTruth Foundation to report on protest movements in New York in addition to the state of a federally managed refugee resettlement program struggling in the wake of the U.S. withdrawal from Afghanistan. Thomas received a masters degree from Columbia University's Graduate School of Journalism and is a former fellow of the Overseas Press Club Foundation.
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The state Senate passed a $56 billion budget that included provision for middle-class tax cuts and credits similar to those Gov. Maura Healey has been seeking.
June 1 -
City officials believe the structure of the $100 million issuance will help assuage investors concerned with inflation, high interest rates, and the specter of recession.
May 31 -
Tennessee joins the ranks of governments and utilities pursuing development of a scalable nuclear reactor.
May 26 -
The state-supported deal with Ørsted for a $1.6 billion wind farm off of Atlantic City's Coast is awaiting federal Record of Decision this summer.
May 23 -
Gov. Brian Kemp announced projects that will receive $225 million in funds from a program created under the American Rescue Plan Act.
May 22 -
High inflation and high costs for construction and borrowing add to a strained labor market complicating some planned municipal issuances.
May 19 -
Kroll Bond Rating Agency upgraded Connecticut's general obligation bonds to AA-plus, citing improved finances and a recent package of fiscal guardrails.
May 19 -
The bill would bar the state from doing business with companies that apply ESG to investment decisions and/or "boycott" favored industries.
May 16 -
Despite a slump in state revenue figures, a Massachusetts Senate committee approved tax relief along the same lines Gov. Maura Healey proposed earlier.
May 12 -
Fiscal '24's capital financing program leans on a mix of state and federal debt and over $900 million in bonds.
May 9 -
State Senate Ways and Means Committee chair Patrick O'Connor said Gov. Maura Healey's tax proposals would remain largely untouched.
May 8 -
Continued commitments to meeting long-term liabilities under Gov. Phil Murphy were cited as key in a slew of recent bond rating upgrades for the Garden State.
May 5 -
Three public finance veterans and one industry hopeful took the stage Wednesday in Manhattan to accept awards at the forum's 32nd Annual Awards Dinner.
May 4 -
Sale of the tax-exempt notes is expected on May 9 and proceeds will support improvements to educational technology in school's statewide.
May 2 -
The electric automaker was promised $15 billion of bond proceeds and other incentives to set up shop in Jasper County, Georgia. It can walk away from the state-backed deal up until Monday.
April 28 -
The Metropolitan Council approved a deal that will bring $1.26 billion of bond funding to the new stadium, replacing a venue that still has outstanding debt.
April 26 -
The $3.3 billion Transportation Modernization act allows for P3s for roadway development, a first for the state.
April 20 -
The bill follows the same lines as Gov. Maura Healey's tax relief package proposed in February, but comes with a smaller price tag.
April 17 -
S&P raised Massachusetts' general obligation long-term credit rating to AA-plus from AA.
April 14 -
A New York judge ordered an affiliate of the owner of the mall to pay $389 million to junior lenders on a construction loan.
April 14
