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.

Lawmakers passed California Gov. Gavin Newsom's expansive energy package, including a bill to extend the state's cap-and-invest program.

With an insolvent Highway Trust Fund, toll revenue and PABs are increasingly important for transportation financing, lobbyists said.

From leases for floating wind farms to projects nearly finished with construction, no offshore generation project is safe from the Trump administration.

The Trump administration's immigration policies are "undermining the country's ability to build infrastructure and construction programs," the Associated General Contractors of America said.

With Congress back in session the lobbying for infrastructure funding is heating up.

The bill enjoys the support of local government and public utility groups.

The state has teed up a $21.5 billion, six-year transportation budget as it deals with the fallout from federal workforce cuts, a credit downgrade, and a feud with the Trump administration.

Transit expert and former MTA head "Train Daddy" Andy Byford is in charge of the $7 billion renovation.

The memo, which was sent to members of Congress, recommends a second round of reconciliation that would include the repeal of the municipal bond "tax exclusion."

The state authority building the passenger rail project says it has a clear path to "achieving commercial success at the earliest stage."