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The bank would be modeled in part on the Reconstruction Finance Corporation created during the Great Depression, said the bill's sponsor, Rep. Danny Davis, D-Ill.
June 29 -
The Board of Education approved a fiscal 2024 budget amid warnings about the need for more state help to manage a gap of up to $700 million in fiscal 2026.
June 29 -
San Diego city leaders are in the early days of assembling a P3 that could transform six city blocks with fresh space for city workers and affordable housing.
June 29 -
With no agreement on how to structure a historic property tax cut, Gov. Greg Abbott ordered state lawmakers back for a second special session.
June 29 -
U.S. District Judge Laura Taylor Swain ordered the Oversight Board propose a new plan of adjustment by July 14.
June 28 -
The new toll on vehicles entering large swathes of Manhattan will be a key part of the MTA's future capital plan.
June 28 -
The city is uncoupling Greenville's economic development arm from the local government, with the goal of spurring private sector investment in the city of 72,000.
June 28 -
Road projects make up more than half of the winning applicants, with transit accounting for another 16%.
June 28 -
Getting project grant agreements in place, which formally releases the federal funds, is taking more time than expected.
June 28 -
"We believe pensions have an elevated probability of stressing the state and local governments' budgets even as Illinois has made supplemental contributions above the statutorily required amounts," S&P Global Ratings analyst Joseph Vodziak said.
June 27