Infrastructure

Republicans critical of the infrastructure law won't be able to stop the flow of federal funds, even if they win the House.

Fitch also affirmed the A rating on $800.3 million of senior lien seaport revenue bonds Miami-Dade County issued on behalf of its seaport department.

The suit, filed on behalf of community groups and area residents, alleges New York state officials skirted the law when negotiating a deal with developer Vornado Realty Trust in 2018.

The North Carolina Medical Care Commission got the green light to issue $105.1 million of tax-exempt revenue bonds to fund a five-story building that will house 71 independent living apartments.

With midterms over, the action now turns to lame-duck legislation that may impact the muni market.

The $2.1 billion project could appear on the May 2023 ballot if the Tempe City Council approves it and potential petition drives launched to require voter approval are successful.

Federal emergency aid, while protecting against downgrades and defaults in areas hit by extreme weather, won't bail out areas that face less visible climate effects like rising heat.

A lack of standards from regulators and ratings agencies leaves municipal credit analysts "on their own" when it comes to evaluating climate-related risks.

The county plans to expand the existing Metromover to create a transit corridor that will connect the cities of Miami and Miami Beach without riders having to transfer.

Utah's first debt affordability study said while pay-as-you-go funding for capital projects is preferred, an economic downturn could lead to more debt issuance.