The New York City Housing Development Corporation (NYCHDC), established in 1968 and headquartered in New York City, plays a vital role in addressing the affordable housing crisis in the region. This public benefit corporation is dedicated to financing the development and preservation of affordable housing for low and moderate-income residents through innovative financing mechanisms.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NYCHSG 3.32% 2034-11-01 USDNew York City Housing Development Corp. | United States | 2034-11-01 | 3.317 | 5.13 |
| NYCHSG 3.72% 2039-11-01 USDNew York City Housing Development Corp. | United States | 2039-11-01 | 3.720 | 5.31 |
| NYCHSG 3.77% 2044-11-01 USDNew York City Housing Development Corp. | United States | 2044-11-01 | 3.770 | 5.37 |
| NYCHSG 3.89% 2029-11-01 USDNew York City Housing Development Corp. | United States | 2029-11-01 | 3.890 | 5.24 |
| NYCHSG 4.10% 2038-11-01 USDNew York City Housing Development Corp. | United States | 2038-11-01 | 4.103 | 4.86 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, NYCHDC has been a prominent issuer of bonds, with its first bond issuance occurring in 1971, which enabled it to raise significant capital for housing projects. Notable bond series include the 2018 issuance of $200 million in social bonds, which targeted specific affordable housing developments. As of 2023, NYCHDC bonds are yielding competitively in the market, and their structure often features lower interest rates than typical municipal bonds, enhancing their appeal to investors seeking social impact alongside financial returns.