The Rancho Cucamonga Redevelopment Agency, established in 1986, is located in Rancho Cucamonga, California, and is dedicated to revitalizing the local community through economic development initiatives. The agency focuses on enhancing public infrastructure, promoting business growth, and increasing affordable housing options within the city.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RCMDEV 6.26% 2031-09-01 USDRancho Cucamonga Redevelopment Agency | United States | 2031-09-01 | 6.262 | 4.63 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The agency began issuing bonds in 1990 to finance redevelopment projects, with a notable issuance of $25 million in 2012 for the revitalization of the historic areas within the city. Current yields on the agency's bonds are competitive with industry standards, reflecting a strong investment grade. A significant highlight includes the agency’s successful $15 million green bond issuance in 2020, aimed at funding sustainable infrastructure projects, which received positive attention from investors seeking environmentally responsible investments.