New York City Housing Development Corporation

The New York City Housing Development Corporation (HDC) is a public benefit corporation that focuses on improving affordable housing in New York City. It provides financing and resources to support the development and preservation of affordable apartments. The HDC works with developers and non-profit organizations to create and maintain housing that is accessible for low- and moderate-income residents. By issuing bonds and offering loans, the HDC helps ensure that more New Yorkers can find safe and affordable places to live, contributing to the city's overall housing stability and community development.