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City department heads are being asked to identify projects that would be eligible for federal funding.
September 28 -
ReThinkNYC, battling entrenched transit and real-estate interests in its call for a unified network, cites economic development gains and capital savings.
August 27 -
Ridership displacement, remote work and online shopping amplify pre-pandemic challenges such as large capital plans.
July 1 -
A volatile U.S. Treasury market and month-end positioning are pressuring municipal yield curves.
June 22 -
The short end of the yield curve faced pressure from a cheaper UST five-year. As the flattening trend in UST takes hold, demand for duration will also spill over into the tax-exempt space, with long-dated munis continuing to outperform, analysts say.
June 18 -
Kroll analysts say federal aid helped the city avoid tapping deficit financing to pass a balanced budget.
June 16 -
Mayor Eric Garcetti wants to exponentially increase spending to reduce homelessness as reports emerge that previous efforts aren't keeping pace.
April 22 -
American Relief Plan funds may also spare the city's reserves, but officials are waiting on the fine print from Washington to see what they can actually do.
March 25 -
The American Rescue Plan provides $1.6 billion in transit dollars to a region stretching from Los Angeles to Anaheim.
March 19 -
Flexibility in federal funding programs that would allow cities to target what they consider their highest priorities is key.
March 2