Meet HDC

Our Mission

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.

HDC is the nation’s largest municipal Housing Finance Agency and is charged with helping to finance the creation or preservation of affordable housing under Mayor Bill de Blasio’s Housing New York 2.0 plan. HDC also serves as a key financing partner in the rehabilitation of our city’s public housing stock under the NYCHA 2.0 Permanent Affordability Commitment Together (PACT) initiative.

Since 2003, HDC has financed more than 186,000 housing units using over $25 billion in bonds and other debt obligations and provided in excess of $3 billion in subsidy from corporate reserves and other available funds held by the corporation. HDC ranks among the nation’s top issuers of mortgage revenue bonds for affordable multi-family housing on Thomson Reuter’s annual list of multi-family bond issuers. In each of the last five consecutive years, HDC’s annual bond issuance has surpassed $1.6 billion. 

Our Portfolio

Brooklyn

Brooklyn

More than

57,000

Affordable Homes

Over

142,000

New Yorkers served

Queens Map

Queens

More than

20,000

Homes

Over

50,000

New Yorkers served

Manhattan Map

Manhattan

More Than

95,000

Affordable Homes

Over

237,000

New Yorkers served

The Bronx Map

The Bronx

More Than

88,000

Affordable Homes

Over

220,000

New Yorkers served

Staten Island Map

Staten Island

More Than

4,600

Affordable Homes

Over

11,500

New Yorkers served

Our Leadership Team

Click a tile below to learn more about members of HDC's leadership team and Board of Directors.

Moira Skeados

Moira Skeados

Senior Vice President, Deputy General Counsel and Secretary
Elizabeth Strojan

Elizabeth Strojan

Senior Vice President for Administration and External Affairs & Chief of Staff

Careers

Learn more about working at HDC and open positions.

Subsidiaries

Learn more about the HDC subsidiaries that help us in achieving our mission.

Annual Reports

Explore current and historical Annual Reports.

Public Meetings

Find notices of public hearings and information on upcoming and archived public meetings.

Newsroom

View latest press releases, success stories, and learn about featured developments.

Public Reports

View documents about HDC that are publicly available.