Private activity bonds

The private activity bonds would be used to help finance the planned Virgin Trains USA line to Victorville, Calif., from Las Vegas.

Attorneys for Indian River County, the Department of Transportation and Virgin Trains will appear before the U.S. Court of Appeals for the District of Columbia.

The U.S. Department of Housing and Urban Development said Thursday it is expanding the Rental Assistance Demonstration program to Section 202 PRAC units that house senior citizens.

The governor declared the $2.1 billion Mobile River project "dead” after it a local planning organization voted it down.

The Council of Development Finance Agencies recommends that conduit issuers cover their costs by imposing fees.

Proceeds will finance a 6.7-mile section of the North Tarrant Express to add four toll lanes to a section of Interstate 35 north of downtown Fort Worth.

Republican Rep. Tim Burchett of Tennessee touts his bill as “a good example of giving businesses an incentive to lower carbon emissions without forcing it upon them with regulations.”

The U.S. Energy Information Administration estimates there are 990,000 electric vehicles on the road this year and that number will grow to 1.5 million next year and 2.17 million in 2021.

A strong economy has resulted in more success for tolled managed lanes than many skeptics anticipated.

Morgan Stanley will price the flexible-rate deal with a 1.95% coupon, according to pre-sale pricing guidance.