New York City Housing Development

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Established in 1971, The New York City Housing Development Corporation is one of the leading companies that issues bonds for multifamily affordable housing units in the United States. It offers a variety of financial and mortgage services. The corporation provides a range of apartments for low- and middle-income families. The New York City Housing Development Corporation administers Senior Housing Preservation, Mitchell-Lama Preservation and Coop Conversion programs. It also offers various apartments on a rental basis. The corporation organizes various community events and meetings. The New York City Housing Development Corporation operates a subsidiary, New York City Residential Mortgage Insurance Corporation, which aides the creation of affordable housing through various banks and other financial institutions.