Index

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New Program Termsheets

   

New Financing Application

   
Termsheets     New Financing Application    

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Apply for Affordable Housing Online

Housing Connect   NYC Housing Connect lets New Yorkers fill out a single online application that can be saved and edited, and used to apply to multiple new affordable housing lotteries. Please visit www.nyc.gov/housingconnect

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2017 Annual Report

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Building on Success – 2017 Annual Report. In 2017, HDC marked many significant milestones - from breaking ground on new construction and preservation projects and welcoming residents to their new homes at ribbon cutting ceremonies, to introducing new programs and initiatives that helped HDC finance nearly 14,000 homes over the course of the year. This report provides a snap shot of some of the key highlights of 2017, reflecting our ongoing efforts to invest in new housing that strengthens the core of our neighborhoods, to extend the quality and affordability of the existing housing stock to keep more people in their communities, and to reach a greater number of the City’s seniors, homeless, and other vulnerable households to ensure New York remains a place of opportunity for all.  View the 2017 Annual Report.

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Housing New York 2.0

Housing New York 2.0  

Mayor Bill de Blasio released Housing New York 2.0, expanding the City’s housing plan to reach a goal of 300,000 affordable homes created or preserved by 2026.  Building on four successful years under the original plan, the accelerated pace will be achieved through the implementation of several new initiatives outlined in the “2.0” report…Read More

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Housing New York: Three Years Of Progress

HNY Housing New York - Three Years of Progress  

City officials have released a progress report describing the policies and programs advancing the goals of the Mayor’s Housing New York Plan. Three years in, a record-breaking 62,506 affordable residences have been financed toward the ten-year 200,000 goal ...Read More

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Housing New York: A Five- Borough, Ten-Year Plan

MayorHousing Plan  

All New Yorkers deserve a safe and affordable place to live, in a neighborhood that provides opportunities to succeed. Mayor de Blasio has made the goal of providing every New Yorker with safe, affordable housing a top priority of his administration, and has committed the City to “build or preserve nearly 200,000 affordable units, and help both tenants and small landlords preserve the quality and affordability of their homes.” ...Read More


News

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CITY OFFICIALS, LOCAL ELECTED OFFICIALS AND COMMUNITY STAKEHOLDERS CELEBRATE THE COMPLETION OF CROSSROADS PLAZA IN THE BRONX

BRONX, NY [June 3, 2019]– Today, New York City Department of Housing Preservation and Development (HPD) and New York City Housing Development Corporation (HDC) joined Douglaston Development and project partners to celebrate the completion of Crossroads Plaza. Built on the site of an abandoned gas station and an unused vacant parcel, this three-building, mixed-income, mixed-use development provides 425 affordable units, a 20,000-square-foot pedestrian plaza, three commercial spaces totaling 60,000 square feet and a children’s playground. Currently, the commercial spaces feature a Universal Pre-Kindergarten program and The New York Foundling...Read More

HDC BOARD APPROVES BOND AND SUBSIDY FINANCING FOR 17 AFFORDABLE DEVELOPMENTS ACROSS NEW YORK CITY

NEW YORK, NY [May 31, 2019]– Following approval by its Board of Directors at a meeting on May 30, the New York City Housing Development Corporation (HDC) announced plans to issue up to $1.09 billion in multi-family housing revenue bonds and provide approximately $27 million in additional financing, which in total will fund the new construction and preservation of 5,182 affordable homes across 17 developments in the Bronx, Brooklyn, Queens, and Manhattan...Read More

CITY OFFICIALS, LOCAL ELECTED OFFICIALS AND COMMUNITY STAKEHOLDERS BREAK GROUND ON CATON FLATS IN FLATBUSH, BROOKLYN

BROOKLYN, NY [May 16, 2019]– Today, New York City Economic Development Corporation (NYCEDC), Department of Housing Preservation and Development (HPD), Housing Development Corporation (HDC), BRP Companies and project partners broke ground on Caton Flats, a mixed-use development that will contain 255 100% affordable apartments, 20,000 square-feet of community space and a permanent, state-of-the-art home for the revitalized and expanded Flatbush Caton Market, a 20-year-old indoor marketplace through which a variety of Caribbean merchants can operate year-round...Read More