The Successor Agency to the Redevelopment Agency of the City of San Jose was established to oversee the winding down of redevelopment activities following the dissolution of California’s redevelopment agencies. Located in San Jose, California, its primary purpose is to manage existing redevelopment bonds and other financial obligations for the benefit of the community. The agency offers services related to the administration of bond proceeds and development projects that contribute to local economic growth.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SJSDEV 3.08% 2025-08-01 USDSuccessor Agency to the Redevelopment Agency of the City of San Jose | United States | 2025-08-01 | 3.076 | 3.05 |
| SJSDEV 3.13% 2028-08-01 USDSuccessor Agency to the Redevelopment Agency of the City of San Jose | United States | 2028-08-01 | 3.125 | 3.64 |
| SJSDEV 3.18% 2026-08-01 USDSuccessor Agency to the Redevelopment Agency of the City of San Jose | United States | 2026-08-01 | 3.176 | 3.74 |
| SJSDEV 3.23% 2027-08-01 USDSuccessor Agency to the Redevelopment Agency of the City of San Jose | United States | 2027-08-01 | 3.226 | 3.61 |
| SJSDEV 3.25% 2029-08-01 USDSuccessor Agency to the Redevelopment Agency of the City of San Jose | United States | 2029-08-01 | 3.250 | 3.69 |
| SJSDEV 3.38% 2034-08-01 USDSuccessor Agency to the Redevelopment Agency of the City of San Jose | United States | 2034-08-01 | 3.375 | 4.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the agency has issued various bonds, starting with its first issuance in 2013, aimed at financing specific redevelopment projects within the city. Notably, the Series 2013 bonds were crucial for funding infrastructure improvements and affordable housing initiatives, achieving current yields that are competitive within the municipal bond market. Additionally, the agency has taken strategic steps to ensure its bonds are attractive to investors, including including refunding series and offering tax-exempt features. Recent developments indicate that the agency is poised to issue new bonds in 2024 to further stimulate urban revitalization efforts.