Infrastructure

CDFA is advocating for a holistic solution from Congress to address private activity bond challenges.

The municipal bond market is closely watching proposals from the House and the Senate to overhaul the SALT federal deduction cap.

California faces a $117 billion highway repair backlog and the highest gas tax in the country. The question is whether the fuel-tax funded SB 1 is doing enough.

A study by the Reason Foundation attempts to solve the problem of paying both tolls and fuel taxes on the same highway and offers a blueprint for how states can allocate toll revenue.

A new program would pump $5 billion of loans into the state's ports.

Key institutional players like banks and insurance companies may have less incentive to buy tax-exempt munis if the provision becomes law.

Gov. Kathy Hochul's thrusts include the MTA Open Data Act; state Comptroller Thomas DiNapoli launched a federal COVID-19 funding tracker.

The lack of inclusion of the muni market's priorities in the reconciliation framework sends a strong signal they're unlikely to be included in the final legislation.

Its deep water and access to dollars position it well, a climate expert said.

Transportation and transit projects would be eligible uses of ARPA funds under the bill, which also extends the deadline to spend the funds.

If commuters continue to work from home more often than in the office, their normal spending patterns on things like coffee and lunch will shift and impact business districts, neighborhoods and ultimately tax revenues.

The fast pace of the Democratic negotiations may act in muni market's favor.

Options for the beleaguered transit authority include expanding its commuter rail base and cracking down on fare evasion.

State officials say they’re getting it right with their latest plan to fix a crumbling, swerving stretch of Boston highway.

The $1 trillion spending bill could boost GDP by 0.2% by 2031.

The $1.27 billion Ohio River Crossing toll bridge between Kentucky and Evansville, Indiana, will bring new jobs and boost the region's economy, officials say.

Congress has until Halloween to reach not only a deal on a bipartisan infrastructure bill, but also a reconciliation deal. Without both, key muni priorities could vanish, says GFOA lobbyist.

New York, New Jersey and Connecticut are at odds over how to split COVID relief money and the federal government won't step in.

The hires come as Congress is expected to pass a massive infrastructure bill that includes P3 provisions.

States so far have taken the lead in mileage-based user fee programs, which would now be taken up on the federal level for the first time.