New York City Housing Development Corporation Email Format
BankingNew York, United States201-500 Employees
The New York City Housing Development Corporation is a city-level public finance authority focused on expanding affordable housing in New York City. It finances the creation and preservation of multi-family housing for low-, moderate-, and middle-income New Yorkers, supporting neighborhood revitalization and local economic growth. The organization issues bonds and provides subsidies and low-cost loans to develop and preserve housing across a range of sizes and ownership models, evolving beyond its original focus on large rental developments; it was established in 1971 by the New York State Legislature as an independent financing entity separate from the city's capital budget.