Infrastructure

Nearly $29 billion of the $30 billion cap has been allocated, said Morteza Farajian, director of the Department of Transportation's Build America Bureau.

Pausing federal funding creates another hardship for municipalities who are also reeling from infrastructure grants being clawed back by the U.S. Department of Transportation.

At The Bond Buyer's infrastructure conference, panelists speculate about the reliability of federal funds under the current administration.

The ever-rising cost of projects is the number one financial challenge for municipalities, according to the latest survey from the National League of Cities.

The U.S. Department of Transportation announced it has achieved a hiring goal for new air traffic controllers as the threat of a government shutdown looms in the background.

The nearly-complete offshore wind power generation project can resume construction while it fights a stop-work order from the Trump administration.

Advocates have floated similar measures repeatedly over the course of several administrations with no luck.

The administration wants the project "to be a model of how to build quickly and cost effectively," Transportation Secretary Sean Duffy said.

For the 24th year, The Bond Buyer editorial board will identify and recognize the year's most outstanding municipal finance transactions. The final deadline for nominations is Friday, October 17.

Infrastructure like vertiports may be financed with municipal bonds.