Infrastructure

Colorado's Regional Transportation District has already broken ground on its new North Rail Line that will be financed with $431 million of debt going to market Thursday.

Recent improvements in airline profits are credit positive for airport bonds and may lead to increased capital investments, Well Fargo says.

Senate Appropriations subcommittee approved legislation that would keep federal highway funding at 2014 levels next year while increasing transit spending by $310 million.

San Francisco Mayor Ed Lee released his spending plan for the next two years, which includes a $500 million general obligation bond, and investing $94 million in affordable housing projects.

HUD's post-Sandy program awarded combined $540 million for a 10-mile berm along Manhattan's Lower East Side, a living breakwater along Staten Island's shore and protection for the Hunts Point food market and Long Island waterways.

House GOP leaders propose cutting Saturday mail deliveries and use the savings to fund highway projects.

Sen. Chris Murphy, D-Conn., will propose a 12 cent per gallon increase in the federal gasoline tax to support highway and transit projects.

The Southern California Logistics Airport Authority is using tax increment distribution revenue to cure most bond defaults, but will default on new payment, according to a document posted on EMMA.

A bill introduced in the Senate mirrors legislation pending in the House proposal to remove the state volume cap on private activity bonds issued for water utility projects.

The Federal Transit Administration awarded about $167 million to the Port Authority of New York and New Jersey and $67 million to New Jersey Transit to help both agencies continue rebuilding and replacing after Hurricane Sandy.