Industries

California Sen. Dave Cortese proposed the bill as the state grapples with a shortage of affordable housing.

Hunt Memorial Hospital District's distressed finances led to downgrades to Ba3 by Moody's Ratings and B-plus by S&P Global Ratings, with both giving it a negative outlook.

Medicaid cuts and tariffs are expected to pressure already struggling small rural and urban hospitals, including 18 in California that borrowed from the state.

The resignation of the troubled mass transit system's CEO gives MARTA an opportunity to improve operations and to select projects to focus on.

With Chicago-area transit's fiscal cliff looming, the area's transit agencies are searching for revenue fixes and prepping for two key milestones this fall.

The rating agency cited the MTA's congestion pricing program, ridership recovery, healthy liquidity levels, and continued state support for the higher rating.

The Virginia Port Authority will sell bonds to finance upfront rent payments for the privately owned Virginia International Gateway.

The rating agency cited stong debt service coverage and modest leverage.

Provisions of the One Big Beautiful Bill Act are beginning to take effect as the FHFA has doubled the cap on Low Income Housing Tax Credits, which should boost the issuance of private activity bonds.

Mayors and city leaders are using a combination of bond financing and public private partnerships to build and preserve affordable housing while working with a patchwork of regulations and facing opposition.