Infrastructure negotiations are ongoing in Washington D.C.
American Public Power Association President and CEO Joy Ditto says the association would like to see tax-exempt financing improvements in an infrastructure deal.
“Increasing the small-issuer exception threshold from $10 million to $30 million would roughly double the number of smaller utilities that could borrow directly from banks to finance capital investments,” she says. “This reduces the cost of borrowing and could give some smaller borrowers access to capital.”
She tells Brownfield Biden’s budget includes an increase in funding for USDA’s Rural Utilities Service to help rural communities transition to newer technologies.
