Maryland

Maryland will seek a federal grant for subsea rail tunnel in Baltimore after striking out in the first round.

Transit advocates see Baltimore's proposed Red Line as key part of multi-state rail link.

Maryland tax revenues are expected to miss previous projections by $783.1 million over the next two fiscal years, the state’s Board of Revenue Estimates said last week.

The Baltimore City Council on Monday approved a $660 million bond deal to transform the Port Covington neighborhood, making it the largest tax increment financing district in city’s history.

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

The proposed $6.9 billion Port Covington development project in Baltimore would include the largest tax increment financing district in the city’s history and would be financed in part with $660 million of bonds backed by the increased property tax revenues.

Maryland and Federal Transit Administration officials want a federal judge to restore funding for the $5.6 billion Purple Line light rail public-private partnership project that was shut down by court order in early August.

Disappointing public pension investment fund returns released recently by Maryland and Virginia may be representative of a more nationwide trend, pension experts warned.

Northeast issuers sold $57.4 billion of municipal bonds in the first half of 2016, a 3% increase from the first six months of 2015, according to Thomson Reuters data.

Maryland’s $5.6 billion Purple Line P3 in jeopardy after federal judge halts the project over ridership worries.

A proposed six-month delay in construction of Purple Line could jeopardize P3 project, Maryland official says.

Maryland’s Purple Line rail P3 gets official notification of an $875 million low-interest federal loan.

Construction of Maryland's Purple Line P3 rail project will be financed with PABs and a low-interest TIFIA loan.

Almost $1.2 billion of debt that will finance work on Maryland’s Purple Line P3 rail project is rated at BBB-plus by Fitch.

The state of Maryland will hold a competitive sale of $1.036 billion of tax-exempt state general obligation bonds June 8, according to the state treasurer’s office.

The Baltimore Board of Finance has approved $535 million of TIF bonds for a $5.5 billion waterfront development project.

Maryland is seeking a federal FASTLANE grant to expand a subsea rail tunnel that moves freight at the Port of Maryland.

Maryland legislators have overridden Gov. Larry Hogan’s veto of a bill requiring ranking of transportation projects.

Maryland Stadium Authority received an AA grade from Fitch Ratings for $320 million of Baltimore City Public Schools construction and revitalization program revenue bonds scheduled to be issued later this month.

The Maryland Board of Public Works on Wednesday approved a $5.6 billion, 36-year contract with a consortium of companies to design, build, operate and maintain a 16.2 mile light rail line that will link two counties in Maryland as well as connect to Amtrak, MARC and local bus services.