Infrastructure

The infrastructure grants are bolstered by bond financing.

Mega projects in Boston and Philadelphia top the list.

The board has requested comment on additional disclosures that state and local governments would need to provide in financial statements but faces a long timeline for implementation.

Some cities with lots of lead pipes, like Chicago, will get more time.

Congress has created recovery bonds for specific disasters in the past, and the CDFA wants the tool to become a permanent private activity bond category.

Ports enjoy some of the strongest financial medians among transportation infrastructure assets.

A low drama committee may experience some upheaval if Republicans maintain control of the House following the Novermber elections.

The audit comes as Republicans seek to cut funding to Amtrak's funding in the northeast.

Bonds will finance construction of the South Coast Rail Project, which will restore commuter rail service between Boston and southeastern Massachusetts.

The MTA's biggest-ever capital plan focuses mostly on upkeep for the system. But it's more than $33 billion short of funding for the five-year program.