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“Because of the broad, bipartisan support we have built for the LIHTCs, we believe there is a real opportunity to include housing credit provisions in the forthcoming major tax legislation,” said Emily Cadik, CEO, Affordable Housing Tax Credit Coalition. AHTC The Trump administration is sending out signals about how it intends to address the nation’s

Search and rescue operations in Los Angles Wednesday in the wake of the Palisades Fire. Bloomberg News Fitch Ratings placed four credits — led by the city of Los Angeles the Los Angeles Department of Water and Power — on rating watch negative, citing the region’s wildfires. Fitch also placed two utilities tightly linked to

Rep. Jason Smith, R-Mo., chairs the House Ways and Means Committee weighing the tax-exemption’s fate. The House Ways and Means Committee is considering the total elimination of tax-exempt bonds, according to a 51-page list of targeted programs, policies and plans for a reconciliation bill obtained Friday by The Bond Buyer. It’s a wide-ranging and tentative

<img src=”https://public.flourish.studio/visualisation/21179756/thumbnail” width=”100%” alt=”chart visualization” /> Municipals improved Wednesday amid a large new-issue slate, though underperformed a U.S. Treasury rally, after the consumer price index showed a slowdown in inflation. The CPI came in below expectations, while the core CPI, which strips out the more volatile costs of food and energy, was softer than expected.

Dr. Bob Froehlich, John Rogers, Jr. and Diane Swonk took the stage at the Executives’ Club of Chicago’s Annual Economic Outlook panel Tuesday.Executives’ Club of Chicago The Fed may have two more rate cuts in store this year, there is a floor forming under the Treasury bond market, a short recession is a possibility, and

<img src=”https://public.flourish.studio/visualisation/21148409/thumbnail” width=”100%” alt=”chart visualization” /> Municipal yields continued to climb higher Monday as U.S. Treasuries were weaker and equities ended mixed. Municipal yields were cut one to eight basis points, depending on the scale, while UST yields rose, pushing 10-, 20- and 30-year yields to yearly highs. “Fixed income is beginning 2025 where it

When Alfred H. Williams got his start in the industry, the only way to know what was in the market was the “blue list.” “Most people had their blue list delivered to their office,” said Glenn Williams, Williams’s son. “Along with the morning paper, we had a blue list on our front porch.” Williams’s dedication

“We are using funds from the BIL to make historic investments in our nation’s airports to address a backlog of needs and accommodate growing air travel demand,” said U.S. Transportation Secretary Pete Buttigieg. ”These investments, some already completed and many more still underway, ensure the traveling public will have safer and more accessible and efficient airports for

Daniel Wiles retired from Los Angeles County in December, but continues to serve on the Municipal Securities Rulemaking Board.MSRB Daniel Wiles has lived in southern California for more than two decades, but it hasn’t altered the ingrained humility of the Minnesota native. Wiles, who retired — mostly — from a long municipal finance career at

East High School in Denver. Moody’s Ratings upgraded Denver Public Schools’ general obligation ratings ahead of an $806 million bond sale later this month.Adobe Stock Denver Public Schools will sell more than $800 million of bonds later this month, buoyed by a ratings boost from Moody’s Ratings, which cited the district’s strong management for the

John Miller joined the boutique firm First Eagle Investments in late 2023 where launched a high-yield fund that climbed to $5 billion the first year with returns of almost 12%.First Eagle First Eagle Investment’s new high-yield municipal bond fund ballooned from scratch to more than $5 billion in its first year — and generated market-beating