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NYC Housing Development Corporation

NYC Housing Development Corporation

$6B

Financed

25

Closed

8M

Area

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FINANCED
LENDER
Jeffrey R. Blau Of Related Companies Secures $60.9M Loan From NYC Housing Development Corporation
Condo
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FINANCED
LENDER
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FINANCED
LENDER
Vaya Development Secures $483.3M Loan For Nine Multifamily Buildings In East Harlem
MultiFamily$140 PPSF3.5M sqf
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FINANCED
LENDER
Stephen A. Schwarzman Of Blackstone Group Secures $550M Refinance Loan For 8 Spruce Street
Condo$711 PPSF773.2K sqf
Will Silverman
Grant Frankel
+ 2

About

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. 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... Read More

Top Deals

FINANCED
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Rick Gropper Of Camber Property Group Secures $605M Construction Loan For Linden Plaza In Brooklyn
New York | MultiFamily | PPSF: $114
01/30/2025
FINANCED
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New York | Condo | PPSF: $711
Grant Frankel
Ethan Pond
+ 1
12/06/2024
FINANCED
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Kentucky | MultiFamily | PPSF: $140
12/18/2025

Focus

Loan


Markets

New York


On the web

Website

LinkedIn


FAQs

NYC Housing Development Corporation has financed 25 deals.

NYC Housing Development Corporation's most recent deal was on April 16, 2025.

NYC Housing Development Corporation's largest deals include a loan of $605,000,000.00 for 735 Lincoln Avenue.

Member since: April 2023