Infrastructure

The shortfall underscored advocates' calls to provide more dedicated funding to the statewide transit provider.

Protecting the tax-exempt status of municipal bonds and reviving Build America Bonds are priorities for the New Partnership on Infrastructure.

The mass transit agency is staring at a prolonged fiscal calamity with further federal support at a standstill and its $51.5 billion capital program in jeopardy.

Student housing projects financed through public-private partnerships face a far more lethal blow if the coronavirus pandemic prevents college campuses from opening this fall.

Uneasiness about the markets and the RPF process during coronavirus pushed the transit authority's oversight board to retain the commuter rail operator.

The program enables public colleges to enter into P3s but experts said the program is likely on hold because of COVID-19 uncertainties.

Highlights of a House Democrat legislative package include a new series of taxable direct-pay bonds that would start with a federal 42% subsidy for interest expenses.

Saddled with debt and its revenues now pummeled by the coronavirus, the agency faces a possible lawsuit over the austerity-related toll collector layoffs.

The Senate minority leader told advocates to lean on 21 key Republicans. "Everyone has friends and family in other states," he said.

The Move America Forward Act would permanently reinstate Build America Bonds, advance refundings and expand the issuance of private activity bonds.