HDC’s Board Approves $850 M in Tax-Exempt Multi-Family Housing Revenue Bonds
By NYCHDC -

NEW YORK, NY – December 3, 2009 – (RealEstateRama) — The New York City Housing Development Corporation (HDC) Board of Directors voted today to approve $850 million in tax-exempt and taxable Multi-Family Housing Revenue Bonds for the construction and permanent financing for affordable housing developments in New York City.


More info...

SHARE
Avatar
NYCHDC
http://www.nychdc.com/

The New York City Housing Development Corporation (“HDC”) provides a variety of financing programs for the creation and preservation of multi-family affordable housing throughout the five boroughs of New York City.  HDC is implementing Mayor Bloomberg’s New Housing Marketplace Plan to build and preserve 165,000 units of affordable housing over ten years. The New Housing Marketplace Plan is the largest municipal affordable housing effort in the nation’s history.  HDC’s programs are designed to meet the wide-range of affordable housing needs of the City's economically diverse population.

Contact:
Christina Sanchez
Phone: (212) 227-2644

RELATED ARTICLESMORE FROM AUTHOR

Previous articleHDC’s Board Approves $43M in Taxable Multi-Family Mortgage Revenue Bonds & Cooperative Housing Mortgage Revenue Bonds
Next articleHomebuyer tax credit extended