The Latest

Affordable housing got a boost this week when the City Council approved tax-exempt financing for a commercial real estate firm's purchase and renovation of a large apartment complex on the city's western edge.

The municipal bond market and its participants are ready for what they are hoping is a busier and better week than the last.

Federal formula aid and grants have been cut off for providers ranging from small rural agencies to the nation's biggest mass transit systems.

The Sacramento Housing and Redevelopment Agency plans to issue up to $25 million in tax-exempt mortgage revenue bonds to finance the renovation of 74 low-income housing units in south Sacramento. The financing does not include the addition of any new affordable housing units.

Consumers’ inflation expectations held for the short-term, but ticked up for three years, as respondents expect the unemployment rate to climb.

Tim Schaefer will remain California's deputy director of public finance under Fiona Ma.

Illinois and Chicago will be this week's headliners as the state comes under new leadership while the city sells the biggest municipal bond deal of the week — a $551 million offering from the Sales Tax Securitization Corp.

Guam made spending cuts and raised taxes to offset losses created by federal tax law changes passed in late 2017.

Indiana Gov. Eric Holcomb's proposed two-year budget holds the line on spending to boost state's rainy day fund.

A city task force has restored nearly $40 million in unreconciled cash accounts that was driven largely by duplicate debt service entries.