Authors Posts by NYCHDC

NYCHDC

The New York City Housing Development Corporation (“HDC”) provides a variety of financing programs for the creation and preservation of multi-family affordable housing throughout the five boroughs of New York City.  HDC is implementing Mayor Bloomberg’s New Housing Marketplace Plan to build and preserve 165,000 units of affordable housing over ten years. The New Housing Marketplace Plan is the largest municipal affordable housing effort in the nation’s history.  HDC’s programs are designed to meet the wide-range of affordable housing needs of the City's economically diverse population.

Contact:
Christina Sanchez
Phone: (212) 227-2644

Standard & Poor’s Affirms “AA” Issuer Credit Rating on New York City Housing Development...

New York, July 10, 2008. – Standard & Poor’s Ratings Service has affirmed its “AA/Stable” issuer credit rating on New York City Housing Development...

HDC Approves $45 million for Future Mixed-Income Development -185 rental units in East Harlem

New York, N.Y., June 11th, 2008 – The New York City Housing Development Corporation (“HDC”) today approved up to $45 million in tax-exempt bonds...

HDC’s New Affordable Cooperative Housing Program – 180 Apartments to Be Sold At Low,...

New York, N.Y., June 11th, 2008 – The New York City Housing Development Corporation (HDC) today approved $35,265,000.00 million in taxable bonds for the...

Housing Development Corp. Issues $225,000,000 in Bonds for 2,846 Units of Affordable Housing

NEW YORK, N.Y., June 11th, 2008 – The New York City Housing Development Corporation (HDC) issued $225,000,000 of tax-exempt and taxable Multi-Family Housing Revenue Bonds...

Housing Development Corp. issues $300,575,000 in Bonds for 2,130 Units of Affordable Housing And...

NEW YORK, N.Y., April 24, 2008 – Today, The New York City Housing Development Corporation (HDC) issued $300,575,000 of tax-exempt and taxable Multi-Family Housing...

227 Affordable Units in The Bronx – La Casas Development located in the South...

NEW YORK, N.Y., April 30, 2008 – Today, The New York City Housing Development Corporation (HDC), closed a $36,880,000 tax-exempt construction and acquisition loan...

HDC Approves LEED Silver-certified Residential Building for Queens College Campus

New York, N.Y., April 15th, 2008 – The New York City Housing Development Corporation (HDC) closed on $72,000,000 in tax-exempt bonds for the construction...

HDC Loan Preserves One of New York City’s Largest Affordable Housing Developments

New York, N.Y., April 9th, 2008 – The New York City Housing Development Corporation (HDC) closed on $73,900,000 in tax-exempt bonds for the...

HDC Closes on a 904-Unit Frank Gehry Designed Tower in Lower Manhattan

NEW YORK, N.Y., March 28, 2008 – Today, The New York City Housing Development Corporation (HDC) closed a $680 million construction loan with an...

Popular Government & Nonprofit Press Releases

Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card...

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit,which reported that total household debt increased by $114 billion (0.9%) to $12.84 trillion in the second quarter of 2017. There were modest increases in mortgage, auto and credit card debt (increasing by 0.7%, 2% and 2.6% respectively), no change to student loan debt and a modest decline in balances on home equity lines of credit (decreasing by 0.9%).

Recent Government & Nonprofit Press Releases

Total Household Debt Increases, Driven by Mortgage, Auto and Credit Card...

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit,which reported that total household debt increased by $114 billion (0.9%) to $12.84 trillion in the second quarter of 2017. There were modest increases in mortgage, auto and credit card debt (increasing by 0.7%, 2% and 2.6% respectively), no change to student loan debt and a modest decline in balances on home equity lines of credit (decreasing by 0.9%).