The future of the Kenai Peninsula Borough's aging school infrastructure could end up in the hands of borough voters this fall. The Kenai Peninsula Borough School District Board of Education earlier this month gave their stamp of approval to a $65.5 million bond package that would address capital projects at school sites throughout the district.

Governor Janet Mills and MaineHousing announced the launch of a $20 million program to tackle Maine's housing shortage by expanding the availability of affordable rental housing across rural Maine. The Rural Affordable Rental Housing Program will provide funding to build smaller affordable rental housing units.

The North Carolina Local Government Commission recently approved $1.5 billion in financing requests from across the state, including about $900 million for airports in Charlotte and Asheville. The LGC is chaired by State Treasurer Dale Folwell and staffed by his office, and it's tasked with monitoring the financial well-being of more than 1,100 local government units.

The Carmel City Council's finance committee took a closer look May 4 at plans to redevelop the former AT&T building in Midtown with a mixed-use development. The city is considering authorizing up to $20.5 million in developer-backed tax increment financing bonds to help fund the project, with developers set to receive 95 percent of TIF revenues for the life of the bond, up to 25 years.

A House panel narrowly passed a bill that aims to prevent metro district developers from working both sides of a financing arrangement in which they initially approve the sale of government construction bonds on a project and then purchase them for themselves. Following several hours of testimony on House Bill 22-1363, members of the House Transportation & Local Government voted, 7-6, to send the measure to the full body for consideration.

The need for reliable and affordable internet access has become increasingly important as the economy becomes more dependent on internet access, particularly during the last two years due to the COVID-19 pandemic. As part of the new Infrastructure Investment and Jobs Act, $65 billion was allotted for broadband infrastructure, and the legislation added a new qualified broadband projects category for use with the private activity bond program.

U.S. Department of Agriculture (USDA) announced $17.5 million through the Water & Waste Disposal Loan & Grant Program for the City of Vergennes' water and wastewater infrastructure project. The investment will combine with $7.5 million in leveraged funds secured through the Environmental Protection Agency (EPA) and Vermont Department of Environmental Conservation.

Blockchain, thanks to bitcoin's proof of work consensus mechanism, does not have the best reputation for protecting the environment, but the Bank for International Settlements' Innovation Hub is working on a new framework for green bonds that makes use of the technology.

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