March 19, 2025 — The Nassau County Interim Finance Authority (NIFA) has filed a motion to dismiss a meritless lawsuit by the Nassau Health Care Corporation (NHCC), which seeks to vacate NIFA’s declaration of a control period over NHCC and other relief related to NIFA’s purported failure to provide adequate financial oversight of NHCC.
March 06, 2021—The Nassau Interim Finance Authority (NIFA) submitted a strategic report, prepared by leading global professional services firm, Alvarez & Marsal (A&M), to Nassau County Executive Laura Curran and the Nassau Health Care Corporation
February 23, 2021—The Nassau County Interim Finance Authority (NIFA), announced today that Mohsin Y. Meghji has been appointed to serve as one of the seven members of its Board of Directors, effective immediately.
January 22, 2021—The Nassau County Interim Finance Authority (NIFA) recently approved the largest refinancing in the County’s history, which will provide $435 million of budget relief in fiscal years 2021 and 2022.
August 18, 2020—Nassau County Interim Finance Authority (NIFA) recently issued its mid-year report detailing several paths forward to help the County navigate out of its ongoing budgetary challenges.
December 7, 2015 – The Nassau County Interim Finance Authority (NIFA) Directors voted to reject the County’s revised 2016 budget and impose a modified budget, including quarterly reviews, during a meeting on December 4.
November 23, 2015 – The Nassau County Interim Finance Authority (NIFA) Directors unanimously rejected the proposed Nassau County four-year financial plan, the first year of which is the budget for FY 2016, during a meeting on November 19th.
September 20, 2013 – This morning the United State Court of Appeals for the Second Circuit unanimously overruled the lower Federal Court’s decision favoring the unions in their wage freeze litigation against NIFA and the County.
September 9, 2013 - The Board and staff of NIFA have yet to receive a copy of the proposed agreement with the Police Benevolent Association (PBA) despite its apparent approval by the office of the County Executive and its submission by the leadership of the PBA to their board of governors.
February 14, 2013 - Judge Wexler, of the United States District Court, has issued a decision in the wage freeze lawsuit brought by certain unions against NIFA and the County.
