The U.S. Department of Transportation (USDOT) is making significant progress on its massive project backlog, clearing 529 infrastructure grants worth more than $2.9 billion. Transportation Secretary Sean P. Duffy says this announcement comes as the department is facing a backlog of thousands of unobligated projects that have been announced in recent years. USDOT has cleared […]
The city of Philadelphia has passed the landmark Housing Opportunity Made Easy (H.O.M.E.) Plan, investing $2 billion to preserve, build and restore 30,000 housing units. Affordable housing has been one of the most pressing concerns for city residents for years as the housing crisis continues to worsen. The average cost of living has risen in […]
The Texas Legislature has passed a landmark bill catalyzing Texas’ developing nuclear industry and ushering in a new era of energy leadership. House Bill 14 establishes the Texas Advanced Nuclear Energy Office (ANEO) alongside a $350 million investment in next-generation nuclear deployment and development. Gov. Greg Abbott, who has voiced his vocal approval of the […]
The Iowa Board of Regents approved multiple infrastructure projects across all three universities during a meeting last week. A cornerstone of these planned projects includes modernization of a several vital facilities along with an emphasis to civic education. The Commons, the original student union of the University of Northern Iowa, was built in 1932 and […]
Train service between Santa Cruz, California, and Pajaro could cost up to $4.3 billion to build, according to an executive summary of an upcoming report from the Santa Cruz County Regional Transportation Commission (RTC). Potential benefits of creating a rail line with nine stations between the two cities include providing a better connection point to […]
The New Jersey Turnpike Authority (NJTA) will hold a public hearing regarding a $6.2 billion replacement project for the New Jersey Turnpike Newark Bay Bridge. Following the project’s approval, the hearing, scheduled for June 18, will be the last remaining opportunity for public input. The plan is part of a larger $10.6 billion project to […]
Montclair State University in New Jersey is selling $66.1 million in general obligation bonds (Series 2025 A) to fund various capital renewal and replacement projects across campus. The funds will also refund part or all of the university’s 2015 D revenue bonds. The bond sale opened June 12, at approximately $100.95 with a yield-to-worst of […]