New York City Housing Development Corporation

Banking

Headquarters: 110 William Street, 10th Floor, New York, NY, United States, 10038

Phone: (212) 227-5500

Website: www.nychdc.com

Founded: 1971

Employees: 51-200

Stock Exchange: NA

SIC Code: 6799

About New York City Housing Development Corporation

HDC seeks to increase the supply of multi-family housing, stimulate economic growth and revitalize neighborhoods by financing th ... e creation and preservation of affordable housing for low- , moderate- , and middle-income New Yorkers. In 1971, the New York State Legislature created the New York City Housing Development Corporation (HDC) as a supplementary and alternative means of supplying financing for affordable housing that was independent from the City's capital budget. At first HDC concentrated on providing financing for large-scale rental developments but now issues bonds and provides subsidy and low-cost loans to develop and preserve a variety of housing, ranging from large to small and rental and homeownership. The flexibility built into HDC’s authorizing statute allows it to amend its programs and goals in response to the changing economic climate. As a result, HDC has become the leading local housing finance agency in the nation, outperforming many of the nation’s largest banks in the volume and dollar amount of bonds issued. In the 2012 calendar year, HDC was ranked third nationally in Affordable Housing Finance magazine’s annual rating of the top issuers of multi-family bonds, having issued more than $1.8 billion in bonds; more than Bank of America Merrill Lynch, JP Morgan Chase and Capital One, among others. In addition, HDC has devoted more than $1.8 billion in direct subsidy from its corporate reserves to deepen affordability of the residential developments it supports. For more information on the projects and programs we support, please visit our Press Room. Show more

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Frequently Asked Questions Regarding New York City Housing Development Corporation

Where are New York City Housing Development Corporation’s headquarters?

New York City Housing Development Corporation’s headquarters are in 110 William Street, 10th Floor, New York, NY, United States, 10038

What is New York City Housing Development Corporation’s industry?

New York City Housing Development Corporation is in the industry of: Banking,Real Estate

What is New York City Housing Development Corporation’s phone number?

New York City Housing Development Corporation’s phone number is (212) 227-5500

What is New York City Housing Development Corporation’s official website?

New York City Housing Development Corporation’s official website is www.nychdc.com

What is New York City Housing Development Corporation’s SIC code?

New York City Housing Development Corporation’s SIC: 6799

How many employees are working in New York City Housing Development Corporation?

New York City Housing Development Corporation has 51-200 employees

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