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The deal is secured with gaming revenue and includes a public-private partnership.

Congress has created recovery bonds for specific disasters in the past, and the CDFA wants the tool to become a permanent private activity bond category.

Moody's also upgraded other Florida locality bonds recently as a result of a revised cities and counties rating methodology.

Municipal investors can expect just shy of $10 billion of new issues from which to choose the first full week of October and the fourth quarter, led by a $1.5 billion taxable general obligation bond offering from New York City. Connecticut is bringing $935 million of general obligation bonds.

Enright's passion for infrastructure and complicated deals led him to the cutting edge of municipal financing strategies.

Research shows that financing sport facilities with public debt often doesn't pay off, the Tax Foundation says.

Santa Cruz, on California's coast, was particularly hard hit by flooding in 2023. In addition to the the I-Bank loan, the city secured a federal loan.

Public policy students will mingle with current municipal finance pros at an upcoming University of Chicago Harris School career forum.

Ports enjoy some of the strongest financial medians among transportation infrastructure assets.

Fears of a Hawaiian Electric bankruptcy abated after a settlement was announced that would cap the utility's liability for the Maui wildfire under $2 billion.