The U.S. Department of Treasury has released an update on the Build America Bonds program, including state-by-state data. The Build America Bonds program is a new financing tool created by the American Recovery and Reinvestment Act to allow state and local governments to obtain much-needed funding to support economic and community development projects. According to the report, there has been $17.4 billion in Build American Bond issuance and 34 states are participating in the program. read more…