Infrastructure

As Congress prepares work on an infrastructure package, the transportation secretary endorsed private funding through pensions and endowment funds.

If an infrastructure bill is to happen local leaders will have to be "squarely in the middle of it," Columbia, S.C. Mayor and U.S. Conference of Mayors president Stephen Benjamin said at the National Muni Bond Summit.

Its $1.5 billion unrated deal will be sold to qualified institutional buyers to finance Florida’s privately owned passenger train project.

Airport officials want an increased Passenger Facility Charge to pay back bonds, and say federal funding isn’t enough to pay for upgrades.

FEMA denied California reimbursement for a portion of Oroville Dam repairs, saying the state failed to maintain it.

Neighbors, who specializes in P3s, is a partner in the firm’s Atlanta office.

The first installment on a $650 million highway borrowing plan, including major projects in New Orleans and Baton Rouge, won easy approval Thursday from the State Bond Commission.

Atlanta officials are facing another potential challenge to how the city has conducted business at Hartsfield-Jackson International Airport, even as they try to tamp down a state push to take over the airport.

Plans call for four Metro-North Railroad stations along an underused rail line in the East Bronx, with an eye toward real-estate value capture.

The deal received $3 billion in orders, allowing the finance team to trim yields.