Infrastructure

The District of Columbia Water and Sewer Authority plans a first-of-its kind environmental impact bond using a "pay for success" model to finance infrastructure to manage stormwater runoff.

Tennessee officials hope to avoid a $60 million cut in federal road funding over state's new under-21 DUI law.

Minnesota highway officials say road conditions will worsen without solution to growing revenue gap.

The market stars aligned for Berkeley, Calif., to land what participants call exceptional pricing for a parking revenue bond deal.

The National Development Council closed its $32 million parking system transaction with Scranton, Pa.

States will experiment with alternatives to the gasoline tax using funding from first round of federal grants.

Japan will contribute $2 million to study a $10 billion magnetic levitation rail line between Baltimore and Washington.

Federal aid will alleviate financial challenges for southern Louisiana parishes affected by this month’s flooding, but the disaster remains a credit negative for the state and local governments, Moody's Investors Service said/

Congressional critic of California's $9 billion of state bonds for high-speed rail wants to repurpose the funding.

Amtrak countersued the Massachusetts Bay Transportation Authority over $30 million for track maintenance between Boston and Rhode Island.