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NYC Housing Corp to Sell $121.5M in Bonds for Housing Developments
ByAinvest
Tuesday, Sep 16, 2025 1:14 pm ET1min read
New York City Housing Development Corporation is selling $121.5 million in bonds to fund housing developments. The bonds, rated Aa2 by Moody's and AA+ by S&P Global Ratings, will be used to finance mortgage loans for projects including Rialto West, Ilse Hoffman House, and Innovative Urban Village. Proceeds will also go towards commercial space and mixed-income developments. The retail order period begins on September 22, with institutional pricing set for September 23.
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