According to the St. Louis Post-Dispatch, the state's stadium authority plans to use projected tax dollars to pay off bonds backed by the state's credit rating to finance the last piece of the downtown stadium construction.

Stern Brothers & Co. covers Municipal Volume Continues to Decline, Variable Rate Market Update, and Moody's Annual Higher Ed Survey Shows Slow Growth Future in this month's Municipal Market Update.

SEC, FINRA, and MSRB announced the opening of registration for the Compliance Outreach Program for Municipal Advisors that will take place in Philadelphia on Feb. 3, 2016, and be webcast live on the SEC website.

The fundamental goals, law and management, loans vs. bonds, project monitoring, funds dispersal, and financial security of PACE programs are described by David Rogers of FBT Project Finance Advisors LLC.

Hillary Clinton is calling for $275 billion in federal infrastructure spending and the creation of an infrastructure bank. According to Bloomberg, the proposed infrastructure bank will administer part of the Build America Bonds program.

The Real Estate Rama reports that the Connecticut Housing Finance Authority (CHFA) plans to offer up to $60.3 million in Tax Exempt Bonds to finance six affordable multifamily rental developments.

This Notice under § 54C(a) of the Internal Revenue Code provides related guidance on the following: (1) application requirements for requests for volume cap allocations; and (2) the method that the Department of the Treasury and the IRS will use to allocate the remaining volume cap.

The IRS issued a notice that will make it easier for Indian tribal governments to use tribal economic development bond volume cap for draw-down loans.

The Bond Buyer Reports that President Obama signed a five-year $305B transportation funding bill, allocating $225B for mass transit and highway improvements through fiscal 2020.

Underwriters of municipal bonds have an obligation to perform due diligence on the issuer and any other individual or entity that may be required to make payments on the bonds as they come due.

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