New York City Housing Development Corporation Resolution Authorizing the Issuance of Housing Impact Bonds, 2026 Series B 2026-05-28
DTC Provides Book-Entry Services for 2026 Series B Bonds
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Description
The Depository Trust Company (DTC) is designated as the book-entry securities depository for the 2026 Series B Bonds, maintaining custody and facilitating all ownership transfers and payments through its nominee, Cede & Co.
Contract Details
Vendor
THE DEPOSITORY TRUST COMPANY (DTC)
Agency
NYC Housing Development Corporation (HDC), NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 28, 2026
Contract Term
For duration of the bonds' registration in book-entry form
Renewal Info
DTC's service continues as long as bonds remain in book-entry form and DTC is the chosen depository. A change requires notification to DTC and arrangement of alternative depository or certificate issuance.
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Related Contracts
Issuing Agency
NYC Housing Development Corporation (HDC)
Public Authority
New York, NY
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