Private activity bonds

Native American Tribes are culling through new rules from the U.S. Treasury Department that could boost economic development.

The National Association of State Treasurers officially announced new leadership for 2026, including new president Michigan State Treasurer Rachael Eubanks.

Late last month, PureCycle Technologies amended the indenture and loan agreement for the bonds issued for its Ironton, Ohio, project.

Some industry observers are expecting a continuing rise in public private partnerships as the total value of infrastructure assets under management is up.

Advocates for improving inland port infrastructure in the House and Senate are pushing bipartisan bills aimed at funneling more dollars from the Port Infrastructure Development Program to facilities on the Great Lakes as opposed to East and West coasts.

State tax policy is playing a role in the location of data centers which have turned into a lightning rod attracting debt financing, local opposition, and federal involvement.

The dramatic downgrade projects a default by January 2027 on bonds issued to finance the Miami-to-Orlando passenger train service.

The House Finance Committee is making good on a promise to address housing affordability by advancing a bill that increases the public welfare investment cap to 20% from 15%.

This is the first upgrade of bonds supported by assets currently or formerly in the Puerto Rico government's hands since the passage of PROMESA in 2016.

The transaction, which supports the Navajo community in Ganado, Arizona, represents a major landmark in furthering Native American health care infrastructure, overcoming hurdles tribal governments typically face in issuing municipal debt to open a replicable path to market other indigenous health systems can follow.

The project was the Georgia's first revenue-risk P3 and lays the groundwork for future express lane P3s.

The massive I-285 East express lanes project in metro Atlanta will be procured in two phases.

Ten winners across five regions and five additional categories will be celebrated Dec. 2 in New York City, where one will be crowned the overall Deal of the Year.

The Fargo-Moorhead Metropolitan Area Flood Risk Management Project had a deadline Friday for bondholder consent to a settlement resolving construction disputes.

The federal budget bill lowered the percentage of private-activity bonds needed for affordable housing projects to qualify for 4% tax credits, but it hasn't been the boon expected.

Meanwhile, the Brightline West train project has floated a possible debt exchange ahead of its own mandatory redemption later this month.

The state is gearing up to grow its space industry as the federal government starts allowing tax-exempt private activity bond financing for spaceports.

If approved, the $6 billion federal RRIF loan would be "quite positive at this juncture," an investor said.

Bond attorneys are pondering language governing tax-exempt bonds used to finance spaceports.

Bond lawyers, municipalities, and transportation officials are moving towards greater use of public private partnerships for infrastructure projects bogged down by capital constraints and high risk.