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.