Aug 4, 2024 — NSDC, in partnership with the Public Finance Network, is developing a database of municipal projects across the nation that have been financed with municipal bonds. The goal is to have 3 to 4 projects in each congressional district.
As indicated earlier, there are rumblings that Congress may take action on a major tax package in 2025, which could impact the state and local government’s ability to utilize tax-exempt financing and further reduce or eliminate the direct-pay subsidy bonds due to sequestration or other federal budget matters. The Built By Bonds initiative is to build a website housed on the Government Finance Officers Association’s (“GFOA”) website to show members of Congress how projects financed by state and local government utilizing tax-exempt municipal bonds have benefitted the communities they represent.
The information submitted will be overlaid on a map, with a brief project description.
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