After private activity bonds were nearly eliminated in 2017, Congressional Republicans and industry groups turn their attention toward PABs once again as the infrastructure debate heats up.

The Marshall EDA is seeking an exception from the Marshall City Council to loosen their revolving loan fund requirements. EDA officials argue that stringent requirements on who can receive RLF dollars makes it a challenge to use the fund.

A new Save-A-Lot will provide access to fresh foods for many in one of Oklahoma City's food deserts and is being supported by a tax increment finance district. Honor Capital, a veteran-owned small business that aims to eliminate food deserts across the country, initiated the deal.

Council approved a resolution request the Beckley Building Commission to authorize the issuance of tax exempt lease revenue bonds of up to $5 million for construction of a new fire station in Beckley.

States can issue up to $37.55 billion in new tax-exempt private activity bonds in 2018, 5.2% more than last year, after these bonds barely escaped termination in the recently enacted tax overhaul legislation.

Starting this year, the Department of Economic and Community Development (DECD) will accept applications from other companies that want to use their stranded credits in exchange for making major investments in buildings, infrastructure and Connecticut-based venture funds.

Grants totaling $5.57 million were awarded by the Minnesota Department of Employment and Economic Development to clean up or investigate contamination at 13 sites in Minnesota. The funding will result in redevelopment projects that create or retain 890 jobs and increase the local tax base by $5.17 million. 

Detroit invests in programs that support start-ups and entrepreneurs of all kinds; it does so in a region where startup costs pale compared with those elsewhere in the country. The ultimate hallmark of the burgeoning start-up culture, though, is what's happening between the people.

The California Governor's Office of Economic Development (GO-Biz) has begun taking applications for the second round of the FY 2017-2018 California Competes Tax Credit program ("Cal Competes"). The application window is just three weeks, with the deadline to apply on Monday, January 22, 2018. 

Freezing floodwaters that engulfed downtown Boston prompted Mayor Martin Walsh to call for resilience measures including a seawall along Boston Harbor. In September, the Massachusetts Bay Transportation Authority issued tax-exempt sustainability bonds as part of a $574 million competitive sale.

A first round of Parkways Authority bonds — $120 million to $125 million of the $500 million of total bonds authorized — will be ready to go to market in late April or early May, West Virginia Parkways General Manager Greg Barr said.

The Iowa Fertilizer Co. LLC is seeking a tender exchange for up to $435 million of bonds from two maturities in its nearly $1.2 billion 2013 issue that funded construction of its nitrogen fertilizer production plant. The exchange would ease near-term payment pressures.

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