General Info

Established in 1971, The New York City Housing Development Corporation is one of the leading companies that issues bonds for multifamily affordable housing units in the United States. It offers a variety of financial and mortgage services. The corporation provides a range of apartments for low- and middle-income families. The New York City Housing Development Corporation administers Senior Housing Preservation, Mitchell-Lama Preservation and Coop Conversion programs. It also offers various apartments on a rental basis. The corporation organizes various community events and meetings. The New York City Housing Development Corporation operates a subsidiary, New York City Residential Mortgage Insurance Corporation, which aides the creation of affordable housing through various banks and other financial institutions.