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HUD's post-Sandy program awarded combined $540 million for a 10-mile berm along Manhattan's Lower East Side, a living breakwater along Staten Island's shore and protection for the Hunts Point food market and Long Island waterways.
June 2 -
House GOP leaders propose cutting Saturday mail deliveries and use the savings to fund highway projects.
June 2
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Local Michigan general obligation bonds and Chicago debt represent pockets of risk in an otherwise-improving municipal bond market, Charles Schwab said Friday.
June 2
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Weekly municipal bond volume is forecast to jump to $6.5 million in the coming week, providing a measure of relief to a supply-starved market.
June 1 -
Fitch Ratings warned it would cut its rating on $5.7 billion of Detroit's water and sewer debt to as low as D if the bankruptcy court approves the city's current plan of debt adjustment.
May 30 -
Sen. Chris Murphy, D-Conn., will propose a 12 cent per gallon increase in the federal gasoline tax to support highway and transit projects.
May 30
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A House representative has introduced a bill to an 11-bill package tied to Detroit's bankruptcy that would allow the city's mayor to sit on a key oversight board.
May 30
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A bill introduced in the Senate mirrors legislation pending in the House proposal to remove the state volume cap on private activity bonds issued for water utility projects.
May 30
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Emergency Manager Kevyn Orr said Detroit would be more attractive to Wall Street than ever once the bankrupt city emerges from Chapter 9 bankruptcy later this year.
May 30
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The Bond Buyer's muni bond indexes mostly strengthen in the week ending May 29.
May 30 -
Municipal mutual funds reported inflows declined to $634.5 million in the week ended May 28 from $663.6 million of inflows the week before.
May 30 -
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Qualified 501(c)(3) bonds are a financing tool that can be used to grow nonprofits' clean-energy infrastructure and reduce their energy expenditures, the Clean Energy and Bond Finance Initiative said in a recently released paper.
May 29 -
P3s are useful financial tools, not magical risk-free solutions, for increased state funding of transportation projects, NASBO says.
May 29
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Detroit's attorneys said they are in the midst of an effort to put a price tag on the city's art collection following repeated requests from bond insurers and other financial creditors.
May 28
