Financing affordable homes for New Yorkers.

Homepage hero slide
Image courtesy of SLCE Architects
New York City
Image courtesy of SLCE Architects
1880 Rendering
Image courtesy of SLCE Architects
1880 Rendering
Image courtesy of SLCE Architects
Collin Powell Apartments
Collin Powell Apartments

Mission Statement

The New York City Housing Development Corporation (HDC) seeks to increase the supply of multi-family housing, stimulate economic growth and revitalize neighborhoods by financing the creation and preservation of affordable housing for low-, moderate-, and middle-income New Yorkers.

Find

Affordable Housing
Learn More

Invest

In Affordable Housing
Learn More

Develop

Affordable Housing
Learn More

Manage

Affordable Housing
Learn More
See Current Bond Sale

$240,035,000 | 2025 Series C, D

Housing Impact Bonds (Impact Resolution)
Retail Pricing:
9/15/2025
| Institutional Pricing:
9/16/2025

The Latest

Rendering of BACA affordable housing, building. By Aufgang Architects
Rendering of BACA affordable housing, building. By Aufgang Architects
News
Most Pro-Housing Administration in City History: Mayor Adams, Gilbane Development, Blue Sea Development, Artspace Break Ground on 283 Affordable Homes, New Arts Center in Brownsville
Sep 9, 2025
city and private representatives cutting the ribbon on new affordable housing
city and private representatives cutting the ribbon on new affordable housing
Press Release
City and Project Partners Celebrate Completion of 216-Unit Affordable Housing Development in Brownsville, Brooklyn
Aug 7, 2025
Morrisania River Commons
Morrisania River Commons
News
As Part of Housing For Health Initiative, NYC Health+Hospitals Announces Major Step Forward with Morrisania River Commons Housing Development
Aug 6, 2025
Mayor Adams Administration Produced Record Number of Affordable Rental Units in Fiscal Year 2025
Mayor Adams Administration Produced Record Number of Affordable Rental Units in Fiscal Year 2025
News
Most Pro-Housing Administration in City History: Mayor Adams’ Administration Shatters Affordable Housing Records (Again)
Aug 1, 2025
mayor adams and partners posing with shovels in front of building
mayor adams and partners posing with shovels in front of building
Press Release
City and Partners Break Ground at 1709 Surf Avenue, Capping Off Transformation of Historic Coney Island
Jul 28, 2025
Building A Good Credit Score
Building A Good Credit Score
Press Release
Mayor Adams Launches Rent Reporting Pilot to Help Tenants Build Credit Through Monthly Rental Payments
Jun 26, 2025
Where we live logo
Where we live logo
News
City Advances Next Where We Live NYC Plan—Drafting Blueprint for New York City’s Fair Housing Future
Apr 30, 2025
Cityscape 2
Cityscape 2
Press Release
The City Builds on Progress to Get New Yorkers Housed Faster with New Marketing Handbook Changes
Apr 29, 2025
Cityscape 2
Cityscape 2
News
Following Major Housing Achievements, The City’s Housing Agency Welcomes New Leadership
Mar 25, 2025
hpd reps giving testimony at table in front of committee
hpd reps giving testimony at table in front of committee
News
Testimony of the New York City Department of Housing Preservation and Development to the New York City Committee on Housing & Buildings
Mar 25, 2025
See All News