Northeast

A $28 million bond transaction using a unique form of tax increment financing to raise funds for a development district in Prince Georges County, Md. recently won an award by Council of Development Finance Agencies.

The Housing Partnership Development Corp. has received an excellence award from the New York Association for Affordable Housing.

Former Chicago Transit Authority manager John Dalton will oversee the long-delayed Green Line extension project in Greater Boston, the MBTA announced.

Ram Raju will resign as the head of New York City’s embattled Health + Hospitals unit, effective Nov. 30.

The Southeastern Pennsylvania Transportation Authority’s bondholders face only minimal risks from a six-day transit strike in Philadelphia that ended early Monday, according to Moody’s Investors Service.

TSASC Inc. has scheduled a $1 billion sale of tobacco settlement bonds on Nov. 16 after a one-day retail period.

Hofstra University received a one notch upgrade to A2 by Moody’s Investors Service.

Providence, R.I., Mayor Jorge Elorza said his city's three-notch upgrade from Fitch Ratings, to A-minus from BBB-minus, reflects a move in the right direction.

New York State's tax collections dipped $1.3 billion in the first half of the 2016 fiscal year that began April 1, according to State Comptroller Thomas DiNapoli.

A new funding agreement for New Jersey’s Transportation Trust Fund has reignited the long-sought extension of a light rail project linking Hudson and Bergen counties.