Northeast

Housing developer AvalonBay Communities Inc. and partners will pay $2.2 million to settle a two-year-old discrimination case brought by the U.S. Justice Department regarding a bond-financed multifamily project in New York City.

Harrisburg could gain $60 million by the end of the year as the Harrisburg Parking Authority in December plans to restructure all of its $105 million of outstanding debt and pass new-money proceeds to the city.

Pittsburgh will not receive $451.6 million in a 50-year parking-lease agreement with a private operator, as its City Council Tuesday rejected the plan.

The New Jersey Turnpike Authority board this month is expected to vote to eliminate employee bonuses and payouts, toll-free work commutes, and other practices that have cost the agency $43 million in nearly four years.

A Rhode Island judge Monday upheld the constitutionality of the law allowing the state to appoint a receiver to take over the finances of troubled Central Falls.

The Port Authority of New York and New Jersey is considering a two-part financing structure with a private developer that would design, build, finance, and maintain a new Goethals Bridge, according to the request for qualifications for the project.

The Essex County Improvement Authority is looking for underwriters for an $89 million real-estate lease-back bond deal with Newark that will help New Jersey’s largest city balance its fiscal 2010 budget.

New York’s Metropolitan Transportation Authority plans to competitively price $347 million of Triborough Bridge and Tunnel Authority bonds Wednesday.

Gilt-edged Delaware this week will sell nearly $300 million of general obligation debt, including $175.2 million of taxable Build America Bonds and qualified school construction bonds to help finance capital projects.

The Pittsburgh City Council is poised next week to reject a $451.6 million offer for its parking system that would, if completed, raise revenue needed to ward off a state takeover of the city’s pension system, which is only 30% funded.