Infrastructure

Lawmakers authorized more than $23 billion of borrowing and approved a $45 billion six-year capital plan.

The New York City Housing Development Corp. intends to issue up to $1.1 billion of multi-family housing revenue bonds and provide roughly $27 million of additional financing.

The tortured construction of Hartford's Dunkin' Donuts Park — marked by soaring costs for the city, the firing of the developer and a year delay in opening — has receded a bit in memory as the ballpark and its home team, the Yard Goats, host a third season, drawing fans even during a particularly rainy spring.

Center for an Urban Future is calling for an additional $100 million for the city's parks budget, and strategies from concession sales to developer contributions with zoning amendments.

The public-private partnerships will finance projects in Belle Chasse and Lake Charles.

The decision to release the plan signals a resolve on the part of at least some lawmakers to prioritize infrastructure legislation even though President Trump recently announced he won’t work with top congressional Democrats as long as he’s under investigation by them.

Financing would hinge on two major variables: the success of Hudson Yards-type value capture outside Manhattan, and aid from the federal government.

Congestion pricing and other promised streams still leave unanswered questions for New York's transit agency.

State and local governments would be able to issue tax-exempt PABs not subject to state volume caps if at least 95% or more of the net proceeds are used for green infrastructure.

Natalie Cohen and Lynne Funk Posner discuss climate change — from floods to hurricanes to Superfund sites — and how these issues affect state and local governments.