Invest in Affordable Housing

HDC’s bond proceeds facilitate investments in our communities by financing the development of multi-family affordable housing.  HDC is proud to be consistently ranked as the top issuer of affordable multi-family housing bonds in the nation. 

Established in 1993, HDC’s Multi-Family Housing Revenue Bond Resolution (Open Resolution) is HDC’s largest single asset. HDC issues bonds under the Open Resolution, in addition to several stand-alone programs and pooled resolutions, to finance affordable housing developments. In January 2020, HDC launched the Housing Impact Bond Resolution (Impact Resolution), a new investment vehicle used to finance loans for the benefit of New York City’s public housing stock.  

"HDC's Sustainable Development Bonds foster the development of more equitable and affordable communities. The investments we make in our neighborhoods today, will benefit New Yorkers for generations to come."
Eric Enderlin,
HDC President
HDC is ranked
issuer of Multi-Family Housing Bonds.
In 2022, HDC issued more than
in bonds and other debt obligations, ranking among the top 25 overall municipal issuers in the nation.

Debt Issuance

Access current bond sale information and Official Statements.

Sustainable Development Bonds

Learn about Sustainable Development Bonds (SDBs) and view SDB Annual Reports

Financial Statements

View Combined Financial Statements and Other Information.
Credit Ratings
AA & Aa2
The New York City Housing Development Corporation is rated AA by S&P and Aa2 by Moody’s.
Credit Ratings
AA+ & Aa2
The New York City Housing Development Corporation Open Resolution is rated AA+ by S&P and Aa2 by Moody’s
Credit Ratings
The New York City Housing Development Corporation Housing Impact Bond Resolution is rated Aa2 by Moody’s

To learn more about 
investing in affordable housing 
call us at (212) 227-5500