NYC Housing Development Corporation Ranked Number One Issuer Of Multifamily Affordable Housing Bonds In 2012 And Again Ranks In Nation’s Top Five Affordable Housing Lenders
RealEstateRama   -   Real Estate   -   Government   -   Nonprofit   -   Web

    NYC Housing Development Corporation Ranked Number One Issuer Of Multifamily Affordable Housing Bonds In 2012 And Again Ranks In Nation’s Top Five Affordable Housing Lenders

    -

    NEW YORK, N.Y. – April 2, 2013 – (RealEstateRama) — The New York City Housing Development Corporation (HDC) has posted another record-breaking year, ranking first on Thomson Reuters list of multi-family bond issuers and third in Affordable Housing Finance Magazine’s annual ranking of affordable housing lenders. From January through December 2012, the Corporation issued $1.065 billion in bonds and provided more than $1.8 billion in financing that was raised from the sale of bonds and the provision of other corporate subsidies. Over the course of the year, HDC financed the construction and/or preservation of 11,400 apartments

    Previous articleGovernor Scott Walker Proclaims April as New Homes Month
    Next articleCBRE SELLS MULTI-HOUSING PROPERTY ON SOUTH BEACH FOR $425 PSF