Northeast

FEMA is providing its largest grant ever -- $3 billion—to the New York City Housing Authority to repair and protect 33 developments severely damaged during Hurricane Sandy.

A New York City agency failed to properly monitor contractors after Hurricane Sandy and paid $6.8 million to them for flawed or incomplete, Comptroller Scott Stringer said in an audit.

Atlantic City, N.J. has received a 60-day extension on a $40 million state loan due on March 31 on the heels of an emergency manager report that suggested bond restructuring as a possible solution to boost the struggling city's finances.

New York City's budget forecast in the coming years is "sound", but still faces risks that could alter estimates, according to a new report from the Independent Budget Office.

Long Island's Suffolk County struck an agreement with New York State to not expand its correctional facility this year resulting in long-term savings for the local government.

The Rapid Bridge Replacement Project is Pennsylvania's initial P3 and the first nationwide to bundle multiple bridges into a single procurement.

The Atlantic City, N.J. emergency manager’s suggestions for tackling the city's fiscal crisis are a credit negative as they open the door to default, according to Moody's Investors Service.

Massachusetts Treasurer Deborah Goldberg proposes to overhaul the Pension Reserves Investment Management board’s custom proxy voting guidelines.

Pennsylvania Gov. Tom Wolf is creating a competitive procurement process for selecting bond counsel, calling the move vital to overhauling state government.

With no solution in sight for fully funding New York MTA's capital program, the Citizens Budget commission watchdog group presents a funding alternative.