New York State is planning to use more than $1 billion in housing bonds and subsidies to build approximately 3,000 affordable homes throughout the state. The 15 projects receiving funding are part of a five-year, $25 billion comprehensive housing plan that will build or preserve 100,000 affordable homes across the state. New York State Homes […]
Arizona Gov. Katie Hobbs signed a bill on June 27 approving $500 million in public funding to renovate Chase Field, home of Major League Baseball’s Arizona Diamondbacks. The legislation allocates $750 million in combined public and private funding for the renovations, with $250 million coming from the Diamondbacks franchise. The remaining $500 million will come […]
Howard County, Maryland, is making a significant infrastructure investment with a new $365 million capital improvement plan (CIP) for fiscal 2026. The budget was approved unanimously and draws $79.4 million in bond funds, $78.4 million in PAYGO funding and a mixture of low-interest loans and state or federal grants. Some of the largest allocations in […]
The U.S. Department of Transportation (DOT) is announcing revisions to existing federal environmental policy that seek to standardize regulations and streamline the implementation of road, transit, energy and other key infrastructure projects. DOT’s three new revisions, announced Monday by DOT Transportation Secretary Sean P. Duffy, target the federal National Environmental Policy Act (NEPA) and are […]
The Texas Water Development Board (TWDB) is bolstering water and wastewater projects across the state with a financial assistance program totaling more than $122 million. The funds are designed to aid the construction of water supply, wastewater treatment, flood mitigation and water conservation projects. TWDB is the Texas state agency tasked with collecting and analyzing […]
The Illinois Housing Development Authority (IHDA) Board approved approximately $63 million in federal and state tax credits for affordable housing developments in 11 counties statewide. IHDA will source the funds through $24 million in federal Low-Income Housing Tax Credits (LIHTC) and $39 million in federal and state subordinate resources. LIHTC is a federal tax incentive […]
New York Gov. Kathy Hochul announced $21 million in funding on June 25 to improve resiliency against weather events in Westchester County. The funding comes from the Restoration and Flood Risk category of the state’s $4.2 billion Clean Water, Clean Air and Green Jobs Environmental Bond Act of 2022. The program supports flood protection and […]