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Federal Reserve Announces Expansion of Eligible Issuers for MLF Program

USA - June 16 2020 On June 3, 2020, the Federal Reserve Board announced an expansion in the number and type of Eligible Issuers authorized to use the Municipal Lending…

Arthur E. Anderson II, David N. Gustin, Kay McNab, Lisa Medina Williams.

New York Federal Reserve Releases Municipal Liquidity Facility Application and Form Documents

USA - May 20 2020 On May 18, 2020 the New York Federal Reserve released additional information regarding the Municipal Liquidity Facility (MLF) program, including (i)…

Arthur E. Anderson II, David N. Gustin, Kay McNab, Lisa Medina Williams.

Federal Reserve Board Expands the Scope and Duration of the Municipal Liquidity Facility

USA - April 29 2020 This alert updates and replaces an April 10, 2020, alert based on an April 27 Federal Reserve Board announcement that expanded the scope and duration…

Arthur E. Anderson II, David N. Gustin, Kay McNab, Lisa Medina Williams.

Treasury Approves New Municipal Liquidity Facility to Aid States, Counties and Cities

USA - April 10 2020 On April 9, 2020, U.S. Treasury Secretary Steven T. Mnuchin approved the establishment of a Municipal Liquidity Facility (MLF) aimed at helping the…

Alan C. Cason, Arthur E. Anderson II, Cheryl O'Donnell Guth, John J. Semeniak, Kay McNab, Kenneth M. Neighbors, Lisa Medina Williams, Mark A. Kromkowski, Mary Nash K. Rusher, Michael W. Graff Jr..

Opportunity Zone Fundraising and Public Comment Update for 2019

USA - June 28 2019 The advent of Opportunity Zones (OZ) offers players in the private finance and real estate communities a new way to enjoy tax incentives while…

Dennis W. Mensi, Gregory A. Riegle, Jon G. Neal, Mark A. Kromkowski.