The “Lifting Our Communities through Advance Liquidity for Infrastructure (LOCAL Infrastructure) Act” (the “LOCAL Infrastructure Act”) and the “American Infrastructure Bonds Act of 2020” (the “AIBs Act”) were recently...more
7/24/2020
/ Coronavirus/COVID-19 ,
Federal Aid ,
Infrastructure Financing ,
Local Revenues ,
Municipal Bonds ,
Municipalities ,
Power Infrastructure ,
Proposed Legislation ,
Relief Measures ,
State and Local Government ,
Tax-Exempt Bonds
On May 18, 2020, the Federal Reserve Bank of New York (the “Reserve Bank”) released application materials for the Municipal Liquidity Facility (the “Facility”) established in connection with the Coronavirus Aid, Relief, and...more