Private activity bonds

Maryland blames a "post-pandemic market" for cost increases lifting the light rail line's price tag to $9.28 billion. The system is to open four years late in 2026.

The Internal Revenue Service has released guidance providing temporary relief for low-income housing tax credit and private activity bond-financed properties due to the ongoing threat of COVID-19.

Inflation, labor shortages and implementation uncertainties loom as the Infrastructure Investment and Jobs Act moves into center stage next year.

Industry advocates want to preserve allocation of private activity bonds to the states and help Congress understand the benefits of advance refunding.

The odds of non-housing projects receiving private activity bond funding in California are slimmer as state officials focus on its housing crisis.

The Build Back Better Act contains provisions that could help states finance additional affordable homes.

The new tax-exempt private activity bond categories for broadband and carbon capture projects are designed to avoid straining state volume cap.

By lowering the amount of private activity bonds needed to finance low-income housing, the provision would free up PABs volume for other projects.

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

The growing P3 sector would enjoy a boost across many markets, including rural broadband, under P3-friendly provisions in the bipartisan infrastructure bill.