Muni Disclosure Responsibility Would Shift to Issuers in Draft Bill
Rep. Gwen Moore, D-WI, has drafted a bill that would reorient the entire municipal securities disclosure regime by making state and local government issuers or borrowers, rather than their underwriters, responsible for the disclosure of bond-related information.
WI Launches Statewide PACE Program
PACE Wisconsin delivers the benefits of PACE financing cost-effectively throughout the state. The program offers an open-market solution for building owners and promotes economic development in participating Wisconsin communities.
Milwaukee Brings First Water Bonds Since 1958
Milwaukee's $10 million competitive sale of water revenue bonds Thursday will mark the city's first publicly offered issuance under the credit since 1958 as it launches a shift to more borrowing for water projects.
$10.9M WHEFA Bond Financing Helps Skaalen Retirement Services
Bond financing facilitated by WHEFA will be used to help Skaalen Retirement Services finance the construction and equipping of a new 33-unit residential care apartment complex of approximately 41,100 square feet on their existing campus in Stoughton, Wisconsin.
FIRE Development Corp Receives $45M NMTC Allocation
The $45 million award to West Allis is among $7 billion in New Markets Tax Credits awarded Thursday by the U.S. Department of the Treasury's Community Development Financial Institutions Fund. This year, 238 organizations applied for the credits, and 120 received awards.
Kaufmann Ranks WI Second for Mainstreet Entrepreneurship
The index used three different metrics to grade states: the percentage of adults in a state who own a business, the survival rate of businesses in their first five years of existence, and the proportion of businesses that have 50 or fewer employees.
Governor Walker Announces $10M for Rural Development
The plan is called the Rural Economic Development Initiative, designed to help businesses create more jobs in rural areas for low and moderate income persons. The second component supplies housing for people to work in an area. The third component ties to worker training.
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