Private activity bonds

The owners of Florida’s private passenger train project want to beat the Jan. 1 expiration date of a private activity bond allocation.

The 2017-2018 plan contains one new item — private activity bond guidance.

Bond attorneys expressed dismay the public notice requirement would remain 14 days.

Multifamily housing bond issuance more than doubled in 2016 to $14 billion.

The proposed rules would be updated to cover all PABs and recognize electronic communications.

The previous peak in PAB issuance was $14.5 billion in 2010, CDFA said.

Posey County, Ind., agreed to give a developer tax increment revenues to repay its bonds.

The remaking of 10 miles highway through Denver and its suburbs is the largest project in Colorado Department of Transportation history.

NABL calls for changes in bond-related tax laws and rules to spur infrastructure financing.

PAB allocation procedures differ among states; IRS only tracks these bonds on a per project basis.