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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   NYC Housing Development Corporation Ranked Number One Issuer of Multifamily Affordable Housing Bonds In 2014
More Than $1.9 Billion in Bonds Issued — 8,152 Units Financed in 2014

NEW YORK, N.Y., February 5, 2015 – As Mayor Bill de Blasio continues to ramp up production and preservation efforts under his historic affordable housing plan, one of the principal financial engines behind the plan is rising to that challenge as the nation’s premier municipal entity in the multifamily bond market.

The New York City Housing Development Corporation (HDC) is working closely with The New York City Department of Housing Preservation and Development (HPD) to implement Mayor Bill de Blasio’s Housing New York: A Five-Borough, 10-Year Housing Plan... Read More

 


N.Y. City Housing Agency Targets More Success

As New York City Mayor Bill de Blasio continues to ramp up his affordable housing plan, one of the main financial engines of the initiative has set out to match the challenge for a second year running.
"We got off to a great start in 2014," said Gary Rodney, president of the New York City Housing Development Corp., which issued $1.93 billion of bonds last year, ranking it first on the Thompson Reuters list of multifamily bond issuers for the third straight year...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

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HDC Green Building

NYCHDC logo   HDC has launched a new green financing program to facilitate eligible energy improvements and clean heat conversions.The Program for Energy Retrofit Loans (PERL) will provide financing for capital improvements that assist building owners in their efforts to comply with Local Law 87 and DEP rules enacted pursuant to Local Law 43, which are essential components of PlaNYC’s Greener, Greater Buildings Plan.  Please see the Corporation’s “Green Building” tab to learn more about this new program and other efforts by the Corporation to contribute to energy efficiency and clean energy in New York City
 

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