Infrastructure

It's a time of change, challenge and opportunity in the infrastructure and P3 space, Patrick Harder said.

States are increasingly turning to public-private partnerships with developers to create new workforce housing so residents can afford to live where they work.

"We believe in this," Transportation Secretary Pete Buttigieg said.

The Hall of Fame initiative celebrates individuals whose careers have left an indelible mark, while the Rising Stars program recognizes the muni finance leaders of tomorrow. Nominations for the 2024 classes will be accepted until Friday, May 31. This will be the final deadline.

The most recent open solicitation period, last October, yielded three proposals.

"The financial and engineering industries need to align to get the owners to do what it is they need to do to make sure it's a durable asset," said Maria Lehman, immediate past president of ASCE.

Gary Hall, President of the Infrastructure & Public Finance Division at Siebert Williams Shank & Co., joins Bond Buyer Executive Editor Lynne Funk to talk about the importance of the muni industry in financing the country's extensive infrastructure needs -- from ports and airports to bridges and energy solutions.

Water systems will have five years to comply, although the Biden administration estimates only between 6% and 10% of systems will need to treat.

Utah's Seven County Infrastructure Coalition has asked the U.S. Supreme Court to review an appeals court ruling that led to the loss of federal permits for a proposed bond-financed railway that would transport crude oil.

The T&I Committee is holding hearings on another landmark infrastructure bill.