Northeast

Rhode Island received 27 applications for an initial $25 million in Efficient Building Fund financing, says state General Treasurer Seth Magaziner.

A new bill introduced in the New Jersey State Senate is aimed at advancing key roadway and clean energy projects in the Garden State through two infrastructure banks.

Next week’s planned $500 million green-bond issuance by New York MTA is significant on several fronts, said a capital markets climate change expert.

President Obama’s proposed fiscal 2017 budget includes $84 million for improvements on New York MTA’s Canarsie Line, said, U.S. Transportation Secretary Anthony Foxx.

New York City’s outyear budget gaps are greater than the estimates from Mayor Bill de Blasio’s budget team, according to an analysis by city Comptroller Scott Stringer.

New York Gov. Andrew Cuomo’s proposed fiscal 2017 budget maintains a controlled spending policy, according to Standard & Poor’s.

Philadelphia’s Temple University is allocating a $1 million study to examine building a new on-campus football stadium.

Orrick, Herrington & Sutcliffe has promoted two public finance attorneys to partner.

Patrick McCoy, the finance director New York’s Metropolitan Transportation Authority, was elected president of the Government Finance Officers Association.

A grim Pennsylvania Gov. Tom Wolf urged lawmakers to plug a $2 billion budget deficit that he said has bond rating agencies poised for more downgrades.