The City of San Diego’s Successor Agency works with City departments, the Successor Agency Oversight Board, County of San Diego, San Diego Housing Commission and the state’s finance department comptroller’s office to manage and complete the contractual obligations of the former Redevelopment Agency (RDA). The Successor Agency is also responsible for creating, implementing and supporting initiatives aligned with the City’s Economic Development Strategy as well as the City’s Strategic Plan.
Projects of the former RDA continue to be active and include funding affordable housing and enhancing and upgrading public infrastructure. The projects are listed in the Recognized Obligation Payment Schedule (ROPS). ROPS includes bonds, loans required to be repaid following a payment schedule that includes required terms of repayment; mandatory payments by the federal government; existent obligations to the state or obligations set by state law; settlements or binding judicial decisions that bind the Agency; legally binding and obligatory agreements or contracts; necessary contracts or agreements in order to continue administration or procedures of the Agency.
Beginning Dec. 7, 2020, the City of San Diego is seeking qualified real estate developers interested in providing future multifamily affordable housing developments within the City of San Diego. The deadline for responses is Jan. 29. 2021.