MAYOR DE BLASIO ANNOUNCES REVISED AFFORDABLE HOUSING LOTTERY RULES

Mayor Bill de Blasio and Department of Housing Preservation and Development (HPD) Commissioner and Housing Development Corporation (HDC) Chair Vicki Been announced today a series of new affordable housing lottery rules designed to ensure that City-assisted affordable housing reaches the New Yorkers who need it most


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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

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