Maryland lost its AAA bond rating, which means higher borrowing costs and a hit to the state’s creditworthiness.

A housing program, which the state provides an annual bond allocation to Maryland’s jurisdictions, is again being utilized in ...

The downgrade means that when the state raises money for construction projects by issuing bonds, it will pay back investors ...

Moody’s downgrades Maryland’s bond rating to Aa1, citing economic underperformance and federal policy risks that may raise ...