New York City Housing Development Corporation

Finances and preserves affordable multi‑family housing via bonds and loans in New York City.

293 employees

10 open positions

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Residential

Commercial

Government

Energy

About New York City Housing Development Corporation

Since 2003, it has financed over 201,000 homes with more than $28 billion in bonds and over $3 billion in subsidies. They hold AA+/Aa2 credit ratings, reflecting strong financial discipline and investor confidence.

Its flagship 'Open Resolution' issues billions in tax

exempt multi

family housing bonds to fuel affordable housing projects.

Typical projects range from new construction to preservation, spanning senior, family, formerly homeless, and mixed

income housing.

Its work revitalizes neighborhoods across all five boroughs—financing public

private partnerships in Brownsville, Hunts Point, Staten Island, and more.

Culture & Values

Financing the creation or preservation of affordable housing under Housing New York plan

Issuing mortgage revenue bonds to support affordable multi

family housing

Aligning bond financing with Social Bond Principles and Sustainability Bond Guidelines

Using Enterprise Green Communities Criteria for environmental quality in developments

Investing in public

private partnerships to revitalize neighborhoods across NYC

Quick Info

Company Size293 employees

Open Positions10 jobs available

IndustriesResidential, Commercial, Government +1 more

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Key Highlights

201,000 homesHomes FinancedSince 2003, the entity has financed over 201,000 affordable housing units across New York City.

$28 billionBonds IssuedOver $28 billion in tax-exempt multi-family housing bonds have been issued through the Open Resolution program.

5,000 unitsPreserved HousingThrough the PACT initiative with NYCHA, 5,000 public housing units were preserved in 2023 alone.

AA+/Aa2Credit RatingsThe entity holds AA+/Aa2 credit ratings, reflecting strong financial discipline and investor confidence.

2019 BondsIntroduced Sustainable Development BondsThese bonds were introduced to finance affordable housing projects that are both socially beneficial and environmentally conscious.

60-70% Energy SavingsEnergy-efficient senior housing projectThe Passive House senior housing project uses significantly less energy than standard buildings, incorporating stormwater reuse features.

2015 BondsSustainable Neighborhood BondsThese bonds finance affordable housing projects that adhere to environmental and sustainability standards.

Open Positions

10 jobs available

.Net DeveloperDevelop and enhance .NET/Angular web applications for NYC affordable housing platform.

Intermediate (4-7 years)

6 days ago

Project Manager, Engineering & ArchitectureManage inspections, repairs, and construction monitoring for NYC affordable housing assets.

New York, NY