$200 Million Affordable Housing Bond Gets On Ballot in Palm Beach
Four out of 6 Palm Beach County commissioners this week voted in favor of including a $200 million affordable housing bond on voters’ November ballot. If approved by voters, the money will be used to finance the construction of condominiums, rental units, family...
San Francisco Narrowly Rejects $400 Million Infrastructure Bond
San Francisco voters narrowly rejected a $400 million transit infrastructure bond last week. Two-thirds voter approval was needed for the measure, called Proposition A, to be passed. However it only garnered a 65.1% vote share as of Monday, June 20. San Francisco...
Water Agency Ratings Changes Roundup: June 2022
Fitch Ratings recently updated its ratings on various water agencies in California, Oregon, and Texas. Water District of Southern California was given the rating of ‘AA+’ on its senior lien and subordinate lien water revenue bonds and term bonds, and bank...
Port Authority Credit Rating Changes Roundup: May 2022
Fitch Ratings and Moody’s had recently updated the ratings of several port authorities in America. Port Authority of New York and New Jersey’ (PANYNJ) was given an ‘A+’ rating on its 230th, 231st, and 232nd consolidated bonds. With regard to...
Ratings Roundup: New Fitch Ratings on Four Airports
Fitch Rating recently assigned the ratings on the following airports in the city of Atlanta, Long Beach, Charlotte, and Fresno. Hartsfield-Jackson Atlanta International Airport (ATL) was given ‘AA-‘ rating on its senior lien airport general revenue bonds,...