Private activity bonds

Avoidable inmate deaths in jails allegedly staffed by untrained guards represent a headline and financial risk for counties in Texas.

“State, local governments and their constituents need Congressional help," BDA said in new testimony.

The clarification allows dozens of otherwise stalled housing projects around the nation to move ahead with financing that includes a combination of tax exempt multifamily PABs and the 4% federal housing tax credit.

Owners of the privately owned passenger train project plan to ask the Florida Development Finance Corp. to approve more bonds Friday.

The Public Buildings Renewal Act would authorize $5 billion in private activity bonds for the construction or rehabilitation government-owned buildings.

Presidential candidate Sen. Amy Klobuchar rolled out her trillion dollar infrastructure plan, supporting Move America and Build America bonds.

As Congress prepares work on an infrastructure package, the transportation secretary endorsed private funding through pensions and endowment funds.

Its $1.5 billion unrated deal will be sold to qualified institutional buyers to finance Florida’s privately owned passenger train project.

Federal transportation officials authorized another $950 million in private activity bonds for Brightline, also known as Virgin Trains USA.

NABL suggested expanding private activity bonds to a new category for public roads, tunnels, and bridges.