WASHINGTON, Feb. 26 -- Sen. Catherine Cortez Masto issued the following press release:
Today, U.S. Senators Catherine Cortez Masto (D-Nev.) and Todd Young (R-Ind.) introduced the Municipal Investment and Neighborhood Transformation (MINT) Act to support community development projects across the country. This legislation would allow Federal Home Loan Bank (FHLBank) member institutions to support local development authorities by credit enhancing tax-exempt bonds for non-housing related community development projects. This legislation was introduced in the House of Representatives by Congressmembers Lisa McClain (R-Mich.-09) and Sam Liccardo (D-Calif.-16).
"For too long, communities across the country have had a hard time raising the funds t...