TITLE

N.Y.C. Agency Sets Two-Part, $30 Million Deal for Bronx Housing Projects

AUTHOR(S)
Whalen, Robert
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/19/2006, Vol. 356 Issue 32363, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of New York City Housing Development Corp. (NYCHD) to sell about 30 million dollars of variable-rate debt for a pair of multifamily housing projects in Bronx, New York City. The deal was set under the company's Low-Income Affordable Marketplace Program and was part of Mayor Michael Bloomberg's housing development program. NYCHD provides a 15 million dollar bond-financed loan to an affiliate of Atlantic Development LLC.
ACCESSION #
20597497

 

Related Articles

  • NEW YORK: The Last Liberty Bond. Phillips, Ted // Bond Buyer;3/3/2008, Vol. 363 Issue 32827, p9 

    The article reports on the approval of the final Liberty bond deal by the New York City Housing Development Corp. The report notes that the bonds will be issued on behalf of Forest City Ratner Cos., the firm that plans to build a 76-story apartment tower in lower Manhattan. The apartment tower...

  • N.Y.C. HDC Could Borrow for Affordable Housing Conversions. PHILLIPS, TED // Bond Buyer;7/9/2009, Vol. 369 Issue 33146, p6 

    The article offers information on the significance of the Housing Asset Renewal Program to the people in New York City. It mentions that the scheme would furnish subsidies to developers of unsold condominiums, unrented apartments, and stalled constructions of houses for moderate and...

  • Affordable housing comes to Brooklyn. Murray, Leslie Ann // New York Amsterdam News;7/12/2007, Vol. 98 Issue 29, p6 

    The article reports on the affordable housing in Noble Drew Ali Plaza in New York City. The five-building housing project was purchased by Principals of Omni New York LLC, a company which committed to repair the buildings, including new safety and security. To maintain the housing's...

  • N.Y.C. Housing Agency Seeks $300M of New Volume Cap. Phillips, Ted // Bond Buyer;4/8/2008, Vol. 364 Issue 32852, p4 

    The article reports that the New York City Housing Development Corp. (HDC) is seeking about $300 million of additional bond volume cap from the state. The agency has allocated all of its remaining share for 2008 with the authorization of $142.9 million of bonds subject to the cap. According to...

  • N.Y. City Housing Agency Targets More Success. Burton, Paul // Bond Buyer;2/06/2015, p1 

    The New York City Housing Development Corp., a key financial engine to Mayor Bill de Blasio's affordable housing plan, again tops a list of multifamily bond issuers.

  • Report: N.Y.C.'s HDC May Not Meet 42,000-Unit Affordable Housing Target. Phillips, Ted // Bond Buyer;11/12/2007, Vol. 362 Issue 32752, p31 

    The article reports that New York City Housing Development Corp. (HDC) may not able to finance the housing needed by Mayor Michael Bloomberg for its affordable housing plan. HDC aimed to produce 42,000 units of houses to meet the requirement of Bloomberg. The Independent Budget Office (IBO)...

  • N.Y.C. Housing Agency Preparing $77 Million Sale of Liberty Bonds. McDonald, Michael // Bond Buyer;6/4/2003, Vol. 344 Issue 31649, p6 

    This article focuses on the plan of New York City Housing Development Corp. (HDC) to sell 77.5 million dollars in Liberty bonds in July, 2003 as part of an 82 million dollar multi-family mortgage revenue bond deal to finance a mortgage for the redevelopment of a building in lower Manhattan. The...

  • N.Y.C. HDC to Increase Housing Preservation Deals. Phillips, Ted // Investment Dealers' Digest;5/8/2009, Vol. 75 Issue 18, p13 

    The article reports on the New York City housing preservation that the New York City Housing Development Corp. (HDC) finances on the difficult conditions in the market. It notes the affordable housing projects that the HDC is building with federal Mitchell-Lama's coordination. It points that...

  • Developer Hopes for Liberty Cash. McKaig, Ryan // Bond Buyer;2/24/2003, Vol. 343 Issue 31578, p1 

    Reports on the plans of New York-based New York City Housing Development Corp. to issue $215 million of debt to finance a residential tower in Manhattan, New York. Location and structure of the tower; Plans to issue Liberty bonds raise the debt; Purpose of creating Liberty bond program by the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics