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States will share $1.15 billion of federal funding for freight-related highway projects in fiscal 2016.
March 7
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A labor-owned insurance company based in Washington, D.C.-based, has pledged $25 million in low-cost loans to aid the removal of lead in Flint, Mich.s contaminated water supply, the citys mayor said Sunday.
March 7
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Since 2010, over 64,000 new beds on more than 100 different campuses across the country have been financed, built and are being maintained by the private sector.
March 7
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Water contamination-related lawsuits filed in Chicago and Flint, Mich. stand to influence the sector nationally as the cases draw more scrutiny to the dangers associated with older lead pipe-based systems, Fitch Rating says in a new report.
March 4 -
Washingtons historic Arlington Memorial Bridge over the Potomac will be closed in 2021 without $250 million of repairs.
March 4
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In the week ended March 3, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index rose three basis points to 4.08% from 4.05% in the previous week. The BB40 Index is based on the price of 40 long-term bonds.
March 3 -
An investment banker hired as an expert witness in lawsuits challenging All Aboard Floridas passenger train service said tax-exempt financing is critical to funding the $3.5 billion project, although the private company says thats not true.
March 3
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Municipal bond trading volume fell 13% during 2015 while the overall number of trades remained relatively stable, continuing a pattern that stretches back to 2007, according to data released Thursday by the Municipal Securities Rulemaking Board.
March 3 -
A Senate bill would remove the state capacity limits for tax-exempt private activity bonds to fund P3 water utility infrastructure projects.
March 3
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The number of credit rating upgrades for states was nearly double the number of downgrades in 2015, according to an annual report released by Standard & Poors Tuesday.
March 2 -
Stability in key sectors of the municipal bond market, as well as low volatility, low risk, and a mild potential for capital appreciation will fuel solid demand for the asset class in 2016, according to John Miller, who manages or co-manages about $20 billion of munis at Nuveen Asset Management.
March 2
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Group says National Parks Service could whittle down much of its $12 billion maintenance backlog with public-private partnerships.
March 2
