Press Releases

To view up-to-date information on auction rate securities, please visit www.dacbond.com. Please note that you are leaving HDC's website at your own risk.

2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |

December 2, 2010
HDC, HPD and Blue Sea Development Join Forces to Replace Stolen Computer Equipment At PS 35

December 1, 2010
HDC Board Approves Funding for 11 Affordable Housing Developments

November 18, 2010
City Celebrates Ribbon-Cutting for New Multi-Family Development in Brooklyn

November 18, 2010
HPD Commissioner Cestero, HDC, Phipps Houses Hail Completion Of 323 New Units Of Affordable Housing In Melrose Section Of The Bronx

October 29, 2010
Lower Eastside Girls Club (LESGC) Celebrates Construction Of Its New Home, New Affordable Apartments, Retail And Community Space

October 26, 2010
City Partners Celebrate Groundbreaking for Affordable Housing at Elliott Chelsea for Low to Moderate & Middle-Income Residents

October 25, 2010
HPD Commissioner Cestero, HDC President Jahr, BRP Companies, Goldman Sachs Celebrate Groundbreaking Of New Affordable Residential And Retail Development In Bedford Stuyvesant

October 14, 2010
HDC, HPD, MET Council Celebrate Groundbreaking Of New Senior Housing In Queens

October 1, 2010
HDC Board of Directors Approves $151.2 MM To Further Commitment In New Housing Marketplace Plan

September 22, 2010
HPD Commissioner Cestero, HDC President Jahr, L+M Development Partners Inc., Dunn Development Corp., and Pratt Area Community Council Break Ground On Navy Green Development

September 16, 2010
HDC President Jahr, HPD, And MJM Construction Join Elected Officials To Break Ground On State-Of-The-Art “Green” Affordable Housing In The South Bronx

September 9, 2010
General Colin L. Powell Joins HPD Commissioner Cestero, HDC President Jahr, Bluesea Development, Habitat For Humanity – New York City In South Bronx To Cut Ribbon At New Affordable Co-Op Named In His Honor

July 22, 2010
The Dermot Company, Inc. Closes Construction Financing For Affordable Housing Project Containing 78 Rental Units And New Headquarters For The Lower Eastside Girls Club With NYC Department Of Housing Preservation And Development, NYC Housing Development Corporation, Bank Of America, JP Morgan Chase, Carver & Grosvenor Investment Management

July 19, 2010
HPD Commissioner Cestero and HDC President Jahr Announce 14,767 Units of Affordable Housing Financed in FY10

July 13, 2010
Golddman Sachs Partners with New York City Agencies To Finance Community Development in Bedford-Stuyvesant Brooklyn

July 7, 2010
City Officials Celebrate the Completion of Beacon Towers and Beacon Mews in Ribbon Cutting Ceremony

June 7, 2010
HDC Board of Directors Approves $45 Million in Tax-Exempt Bonds For the Financing of Beekman Tower

June 7, 2010
HDC Boarrd of Directors Approve the Financing of 1,622 Affordable Units in 14 Projects Throughout NYC

June 7, 2010
HDC Board of Directors Approves $45 Million in Tax-Exempt Bonds To Finance New Mixed-Income Construction in Chelsea

June 2, 2010
NYC Housing and Development Leaders Celebrate Opening of New $40 Million Affordable Housing Complex in Brooklyn

May 27, 2010
City Planning Commissioner Burden, HPD Commissioner Cestero, HDC President Jahr, Builder/Developer Jeffrey Levine, Brooklyn Borough President Markowitz and Councilmember Stephen Levin Celebrate Completion of the Largest Affordable Inclusionary Zoning Development to Date

May 25, 2010
HDC President Jahr & The Bluestone Organization Unveil 50 Unit Affordable Housing Development in Rego Park Queens Named In Honor Of the Late Andrew S. Hodes

May 6, 2010
El Jardin De Selene Ribbon Cutting Marks Completion of Leed®-Gold Development in the Bronx

May 3, 2010
HPD Commissioner Cestero And HDC President Jahr Celebrate NYC Affordable Housing Day With Events In All Five Boroughs:
Manhattan: Join Congressman Rangel, Deputy Mayor Lieber To Visit True Colors

Bronx:  Mayor Bloomberg, HUD Secretary Donovan, Speaker Quinn, Commissioner Cestero And Other Officials Announce 100,000 Units Of Affordable Housing

Queens: Join Deputy Mayor Lieber And Residents Of Big Six At Ribbon Cutting Ceremony To Celebrate The Preservation Of Nearly 1,000 Affordable Homes

Brooklyn: Honor The Riverdale Osborn Towers Community On Citywide Affordable Housing Day For Its $39 Million Transformation

Staten Island: Join NYCHA Chairman John Rhea And Residents Of Markham Gardens At Ribbon Cutting Ceremony To Celebrate The Completion Of New Rental Homes  

April 8, 2010
HDC Approves $16 Million in Tax-Exempt Bonds to CUNY Graduate Housing Development

April 8, 2010
HDC Board of Directors Approves $28 Million for the Financing Of Avenue D Apartments

March 29, 2010
HPD Commissioner Cestero & HDC President Jahr Announce New Bronx Development Deal

March 15, 2010
Mayor Bloomberg, HUD Secretary Donovan and NYCHA Chairman Rhea Announce More Than $400 Million In Public And Private Funding And $65-$75 Million In Annual Federal Funding To Support More Than 20,000 Public Housing Units.

March 10, 2010
Brooklyn Affordable Housing Development to Install the Largest Residential Photovoltaic System in New York City

February 24, 2010
HDC Board Approves Bond Issue to Support NYCHA Federalization Transaction

January 15, 2010

HPD Commissioner Cestero Joins Chair Of White House Council on Environmental Quality for Tour of First Housing Development to Receive Federal Funding for Green Retrofit Program

January 11, 2010
HPD Commissioner Cestero, HDC President Jahr Announce L+M Development Partners to Begin Rehabilitation of a Section 8 Rental Building in Harlem

January 06, 2010
HDC & HPD Close Financing Deal on 193 Affordable Green Homes in Central Harlem