New Jersey lawmakers are working to expand the abilities of the Capital City Redevelopment Corp., including the power to issue bonds and notes.

The agency was created in 1988 and oversees redevelopment in the capital district in Trenton. To date, it has served as a small-business loan provider and helped facilitate development for the Trenton Marriott Hotel and Conference Center and the Wells Fargo regional headquarters, among other projects.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.