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New Program Termsheets

Termsheets New Program Termsheets are Available Now

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Apply for Affordable Housing Online

Housing Connect   NYC Housing Connect lets New Yorkers fill out a single online application that can be saved and edited, and used to apply to multiple new affordable housing lotteries. Please visit www.nyc.gov/housingconnect

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Housing New York: A Five- Borough, Ten-Year Plan

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All New Yorkers deserve a safe and affordable place to live, in a neighborhood that provides opportunities to succeed. Mayor de Blasio has made the goal of providing every New Yorker with safe, affordable housing a top priority of his administration, and has committed the City to “build or preserve nearly 200,000 affordable units, and help both tenants and small landlords preserve the quality and affordability of their homes.” ...Read More

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News

affordablehousing.jpg   HDC President Gary Rodney makes Crain’s Class of 2015 40 Under 40 list

After receiving nominations from more than 450 firms, Crain’s spent months selecting this year’s class of 40 Under 40 honorees. From a gifted ballerina to a charismatic marketing guru, these individuals represent the most talented, driven and dynamic professionals under the age of 40 who are working in New York City today. As has been the case in recent years with the rise of local startups, the entrepreneurial spirit runs deep among these individuals. ... Read More

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NYC Housing Development Corporation To Introduce Sustainable Neighborhood Bonds Nation’s premier municipal issuer in the multifamily bond market introduces new category of social bonds for affordable housing

NEW YORK, N.Y., May 28, 2015 – Subject to Board approval, the New York City Housing Development Corporation (HDC) expects to price its inaugural Sustainable Neighborhood Bonds transaction under its Multi-Family Housing Revenue Bonds program during the week of June 15, 2015. Building upon the strength of the municipal market in Green Bonds and the growing interest in socially targeted investing, HDC is creating a new category of bonds to finance socially beneficial projects, specifically the new construction and preservation of affordable housing projects that contribute to the stability and economic diversity of neighborhoods across New York City. This is the first social bond for affordable housing in the United States.....Read More

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2013 Annual Report

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The Power of Housing: Quality affordable housing is not only an essential need, it is a powerful force that improves the lives of generations of families, enhances the quality of communities, and supports overall economic development. The City of New York has a proud track record of creating and implementing innovative affordable housing strategies and programs that transform and strengthen neighborhoods, create meaningful jobs and opportunity for thousands of New Yorkers. Over the course of the year HDC issued a total of approximately $1.9 billion in bonds in support of affordable housing. The Corporation, in fact, was ranked number one by Thompson Reuters SDC, the leading data resource of the municipal bond industry, among all municipal housing bond issuers nationally in 2013. This feat is made all the more remarkable given that the rankings reflect issuers with statewide single and multifamily programs, while HDC’s activity is exclusive to New York City’s multifamily market. View the PDF Version of the 2013 Annual Report

 

Below is a list of HDC-financed developments that are currently accepting applications for available apartments. Click here to download a map of open lotteries