Two pieces of historic legislation passed in the last three years has the White House and Congress committing more money to public projects and infrastructure than any presidential administration going back to the New Deal—nearly a century. Virtually all industries, from transportation to healthcare to housing to broadband, are being transformed as a result. And as state and local governments find ways to participate, state-sponsored financing vehicles such as bond banks, green banks, and/or financing authorities can help them fill an important financing void.

• Publication date: February 2024
• Author: Posner Matt