Economic Development – Local Agencies/Organizations

District of Columbia; $229 million Federal Highway Grant Anticipation Revenue Bonds

Jan 28, 2020 | Economic Development - Local Agencies/Organizations, Infrastructure, Municipal Bonds, Transportation - Highways/Tollways

- by Robert Crump The District of Columbia (the District) is expected to issue $229 million in Federal Highway Grant Anticipation Revenue Bonds to close out this first month of the new year. Proceeds from the sale of the Bonds will be used to finance a portion of...

Featured Bond, 12/2: Metro Pier and Exposition Authority (Illinois) to issue $923 Million in Refunding Bonds

Dec 4, 2019 | Economic Development - Local Agencies/Organizations, Municipal Bonds, State Treasury and Debt Adminstration, Urban Planning/Real Estate/Ec. Dev. - General Sites

by Robert Crump The Metro Pier and Exposition Authority (the Authority) is scheduled to issue $923,210,000 in Refunding Bonds in order to refinance its debt on outstanding bonds. The negotiated sale is planned for sale on December 4th with Goldman Sachs and Morgan...

Featured Bond – New York Housing Finance Authority $100 million

Oct 15, 2019 | Economic Development, Economic Development - Local Agencies/Organizations, Economic Development - State Agencies/Organizations, Economy, Housing/Land Use - County Housing Authorities, Real Estate

New York State Housing Finance Authority is scheduled to issue $100 million in Affordable Housing Revenue Bonds in two series to provide mortgage loans and fund housing construction in the state. The Bond is scheduled for sale on October 17th with JP Morgan, Bank of...

Use of Foreign Trade Zones and Economic Development Projects to Help Deal with Financial Challenges and Lack of Sufficient Tax Revenues

Sep 20, 2018 | Economic Development, Economic Development - Local Agencies/Organizations, Municipal Finance, Municipal Finance - General

by James E. Spiotto, Co-Publisher of MuniNet The new reality of tariff wars and 20% surcharges on foreign manufactured parts and goods The tax reform of 2018 created a 20% surcharge on foreign manufactured goods or parts coming into the United States. Recent U.S....

Spiotto on the Benefits of Economic Development and Stimulus from Needed Infrastructure Improvements to Deal with Tax Policies, Issues, Leverage Problems, Financial Distress and Unfunded Pension Obligations

Aug 13, 2018 | Economic Development - Local Agencies/Organizations, Fiscal Distress, Infrastructure, Municipal Bankruptcy, Municipal Finance

We cannot avoid economic cycles but history of financial stability points the way In the U.S.A., financial challenges and difficulties in balancing a government budget are not so much caused by the desire to spend more than tax revenues currently generate but rather...