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Agency says it's the highest general obligation bond rating it has received in 47 years.
December 14 -
The Build Back Better Act contains provisions that could help states finance additional affordable homes.
November 30 -
By lowering the amount of private activity bonds needed to finance low-income housing, the provision would free up PABs volume for other projects.
November 11 -
Mayors are urging Congress to preserve major housing support in the reconciliation bill.
September 29 -
$2.75 billion is available to build permanent housing for unhoused people, California Gov. Gavin Newsom said at a press conference.
September 10 -
It is most certainly an issuers' market as rates are low, credit spreads continue to tighten, money pours into municipal bond mutual funds at record levels and a net negative supply of more than $11 billion.
January 29 -
A 'perpetual calm' continues to fall over the municipal market as inflows into municipal funds, combined with the shortage of traditional tax-exempt supply, is directing most aspects of daily market activity.
January 22 -
Refinitiv Lipper reports another multi-billion week of inflows, the domino effect from such strong flows is that secondary selling doesn’t need to be so active, creating fewer opportunities for new inquiry, analysts say.
January 21 -
The Federal Reserve Bank of Philadelphia's manufacturing index fell to a seventh- month low, while jobless claims hit a three-month high.
December 17 -
The rising number of COVID-19 cases and the restrictions imposed to stop its spread, led to a pullback in consumer spending and has a regional service sector reeling.
December 16