Infrastructure

Urban planners argue for the unlocking of public assets through an asset trust, an idea largely untested in the U.S.

The authority, which runs New York City's subways and buses, faces uncertainty about external funding and its bonding options.

President Trump’s call for $1 trillion in federal public infrastructure investment appears to have foundered, even as the national debt has accelerated, posing increased threats to the cost of state and local financing of public infrastructure.

Variables range from the effect of the federal tax bill on advance bond refundings to external support for a subway improvement plan.

Transportation officials want tax reform to include funding for the Highway Trust Fund and infrastructure as part of the larger package.

The structure the airport used combines the advantages of a bond issue with those of a private bank loan, an official said.

Alternative strategies include general obligation borrowing to offset limited bonding capacity in the special transportation fund.

First on the list is an infrastructure plan we can embrace fully – with clearly identified and unencumbered revenue streams from the Federal level.

Over two months after Hurricane Maria devastated Puerto Rico, the island’s government still hasn’t received any of the $4.9 billion of short-term loans promised in the storm aid package Congress passed at the end of October.

President Donald Trump plans to keep pushing his legislative agenda in 2018 by releasing his long-promised infrastructure proposal in early January, a senior administration official said.