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.
Since 1971, HDC has provided innovative financing solutions to support the ever-evolving housing needs of our city. We invite you to explore our 50th Anniversary 2021 Annual Report, which features an interactive historical timeline highlighting key milestones of the past five decades.