Indiana offered an incentive package valued at $7 million over ten years – a tiny amount relative to the expected annual cost savings ($65 million) expected to be achieved in Mexico. It is an amount hardly worth mentioning in the financial context of Carrier parent United Technologies.

Three years into the dramatically overhauled incentive program, nearly two dozen private firms have received $1.3 billion worth of credits to build in Camden. That's out of a total $4 billion approved statewide so far.

The Community Development Financial Institutions Fund announced it was awarding an unprecedented amount of tax credits to investors focused on job creation and other economy boosters in communities hit hard by poverty. The amount of the credits, known as New Markets Tax Credits, totaled $7 billion, with about 60 percent of that going to urban areas.

The report by the Joint Legislative Audit and Review Commission warns that the partnership has left the state vulnerable to fraud by failing to establish policies for awarding incentive grants to new and expanding businesses or requiring them to perform to their requirements, despite giving out nearly $400 million in incentive grants over the past 10 years.

For municipal bond investors, the private sector's increasing role in financing public transportation projects may provide an opportunity. Here's a primer on how P3s work and how the muni bonds used to finance these projects could potentially offer yield and diversification opportunities.

The effort to build a new western headquarters for the National Geospatial-Intelligence Agency (NGA) in north St. Louis is moving forward. The U.S. Department of Defense is allowing the city to enter an option agreement with the U.S. Army Corps of Engineers for the property where the facility will be built. It also allows the city to issue some $108 million in bonds for the project.

Rep. Richard Neal, a MAMBA cosponsor and long-time supporter of municipal bonds, has been named ranking minority member of the powerful House Ways and Means Committee.

 Rep. Gwen Moore, D-Wis., 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.

The Federal Highway Administration will open an investigation into a civil rights complaint that could derail Colorado's plan to finance a $1.7 billion expansion of Interstate 70 in Denver as a public-private partnership.

During the final CDFA // BNY Mellon Development Finance Webcast Series of 2016, our expert speakers will provide a look into the activities, operations, management and success stories of their high performing DFA. Don't miss this opportunity to learn from the best DFAs in the country.

>>> SEARCH HEADLINES