City Considers Bond Financing for View at Julian

San José is considering approval of an exception to its bond policy to allow the California Municipal Finance Authority to issue up to $125 million in tax‑exempt multifamily housing revenue bonds for the View at Julian project by JEMCOR Development Partners, LLC. The financing will support construction of a 300‑unit affordable multifamily rental development on West Julian Street.

Scope & details

The full contract record, as filed.

Contract amount

$90,000,000, not to exceed $125,000,000 (bond issuance amount)

Contract type

FINANCIAL_SERVICES

Renewal

Single bond issuance authorization; no renewals or extensions described.

Document type

Agenda

Source document

City of San Jose City Council Meeting Agenda February 2024

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Occupational Safety and Health Standards Board Agenda 2026-07-16

AMENDED

Department of Industrial Relations, CaliforniaJul 16, 2026

City of San Jose City Council Meeting Agenda February 2024

APPROVED

City of San Jose, California$90,000,000, not to exceed $125,000,000 (bond issuance)Feb 13, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of San Jose?

Jemcor Development Partners Llc was awarded this financial services contract by City of San Jose, as recorded on February 13, 2024. The contract value is $90,000,000, not to exceed $125,000,000 (bond issuance amount).

How much is the Jemcor Development Partners Llc contract with City of San Jose worth?

The Jemcor Development Partners Llc contract with City of San Jose is valued at $90,000,000, not to exceed $125,000,000 (bond issuance amount), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of San Jose City Council Meeting Agenda February 2024 (Agenda), dated February 13, 2024 from City of San Jose. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jemcor Development Partners Llc hold?

Jemcor Development Partners Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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