New York City Housing Development Corporation Resolution Authorizing Issuance of Housing Impact Bonds 2026-06-14
NYC HDC to Appoint Placement Agents for Bonds
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Description
NYC HDC approved appointment of one or more placement agents to facilitate private placements of Housing Impact Bonds, 2026 Series. Fees are capped by bond type and paid at closing.
Contract Details
Contract Amount
Compensation not to exceed 0.75% (Variable Rate) or 1.75% (Fixed/Long-Term Rate) of bonds plus expenses
Vendor
PLACEMENT AGENT(S) (TO BE APPOINTED)
Agency
NYC Housing Development Corporation (HDC), NY
Contract Type
FINANCIAL_SERVICES
Document Date
June 14, 2026
Contract Term
Upon/before closing of bond issuance (as determined in Placement Agreement)
Renewal Info
Each bond issue requires new placement agent appointment and agreement; not auto-renewing.
Issuing Agency
NYC Housing Development Corporation (HDC)
Public Authority
New York, NY
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