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New York City Housing Development Corporation | Financing Mixed-Income Developments (Forward Securitization and M2 Program)

Published on August 4, 2020
New York City Housing Development Corporation | Financing Mixed-Income Developments (Forward Securitization and M2 Program)

HDC’s Forward Securitization Tool and M2 Program work together in the creation of mixed income developments that help to ensure income diverse neighborhoods. HDC adapted an innovative forward securitization strategy that creates cost-effective future lending capacity. All units created via the M2 program are required to be affordable with a blend of low-, moderate-, and middle-income level units.

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