Northeast

California, Massachusetts and New York came closest to utilizing their volume caps for PABs in 2018, according to a recent survey by the Council of Development Finance Agencies.

New York City raised its target for contracts with Minority and Women-Owned Business Enterprises by $5 billion by fiscal year 2025.

In Massachusetts, cannabis regulation fuels a corruption investigation; in Rhode Island, it pits the executive branch against the legislature.

Paige Cognetti will fill out the term of Bill Courtright, who resigned and pleaded guilty to corruption charges.

Gov. Phil Murphy’s administration is exploring a large bond sale to fund equipment upgrades for the commuter rail and bus system.

The merger has closed to create Siebert Williams Shank, the top ranked women- and minority-owned investment bank in the U.S.

The New Jersey Department of the Treasury released $53.7 million of $104.8 million in suspended transitional aid.

New York State's fifth-largest city will sell $152 million of general obligation bonds.

The city and its Transitional Finance Authority issued $6.18 billion of long-term bonds, according to the comprehensive annual financial report.

An agreement forged by New Jersey Transit for a new county and state-funded North Brunswick train station may signal a new partnership model for the agency.