Private activity bonds

The bonds will partially fund the Playhouse Square Foundation's 34-story luxury downtown apartment tower.

The U.S. Department of Transportation told All Aboard Florida that it now has until Dec. 31 to sell the $1.15 billion of bonds.

The private developer building the new passenger terminal in Everett, Washington, used $50 million of tax-exempt bonds.

The Walton Family Foundation provided seed funds to create two “innovative” financing vehicles for charter school facilities.

Lawmakers in the 27-member Florida delegation in the House are divided about whether more private-activity bonds should be used for Brightline's 235-mile passenger rail line.

Facing a May 31 deadline to issue the $1.15 billion of PABs, All Aboard Florida asked the federal transportation agency for extra time to sell the debt.

As Infrastructure Week ends, it’s sad to note that in the one area where all agree something must be done, there has been no progress.

Authority officials say it's business as usual at the authority amid several probes that followed the termination of Dave Jamison.

April was a pretty good month for the municipal bond market following the 30% drop in first quarter issuance, said a market expert.

The timing of federal grants is an issue because that funding was used as a basis by the U.S. Transportation Department to authorize the use of tax-exempt PABs by the private owner for financing the proposed rail line between Miami and Orlando.

Municipal bonds are financing a new Alabama zoo that will move hundreds of animals out of a hurricane danger zone.

One Democrat said the controversy showed the difficulty President Trump faces selling his plan to spur $1.5 trillion in infrastructure investment with an expansion of private activity bonds.

The revenue procedure implements a proposal in President Trump's infrastructure plan that will help facilitate public-private partnership arrangements.

The bankruptcy process could take 18 to 36 months to sort out, one municipal analyst said.

The bonds sold for the air cargo handling facility were rated BBB.

Some of the oomph for multifamily housing bonds comes from additional federal funding for public housing agencies which are partners in these bond deals while the remainder comes from programmatic changes in the law.

Detroit's affordable housing plan would give developers access to private activity bonds associated with Michigan’s 4% tax credit program.

The newly updated Congressional Research Service report may be used as a resource by lawmakers if infrastructure legislation with private activity bond provisions is introduced.

Democrats are frustrated that President Trump's infrastructure plan would require state and local governments to come up with the majority of funds for infrastructure projects.

NABL favors shortening to seven from 14 days the advance notice requirement for a public hearing about the issuance of PABs.