Infrastructure

The All Aboard Florida private passenger train project has received a $1.75 billion federal private activity bond allocation along with conditions that impose a tight timeframe to issue the debt..

President Obama called for bipartisan support for a multiyear transportation funding bill without providing specifics on pay for it.

Michigan Gov. Rick Snyder urged voters to approve a May 5 ballot referendum calling for an increase in the state sales tax to raise $1.2 billion in new road funding during his state of the state address Tuesday.

A calm environment atypical for January, low interest rates and the floating rate note enabled New York's MTA to upsize its bond sale, said finance manager Patrick McCoy.

New Mexico Gov. Susana Martinez urged lawmakers to set aside $180 million for highway bond projects over the next three years while cutting business taxes and boosting spending on education.

Seattle's Sound Transit gets a $1.3 billion federal loan to revive voter-approved $4 billion light rail project stalled by revenue drop.

New York Gov. Andrew Cuomo outlined an ambitious transportation and infrastructure agenda, including major improvements to New York City's two airports.

The Florida Department of Transportation has launched plans for a series of Interstate express lanes to be built in the Tampa Bay area.

Newly installed Illinois Gov. Bruce Rauner's executive order halting new contracts puts a hold on some pending contracts planned by the state's tollway agency and planning work on the proposed Illiana toll road.

After a record year of debt issuance, the Texas Transportation Commission expects a significant reduction in borrowing costs for its Central Texas Tollway System as it issues $1.8 billion of refunding bonds.