NYC HDC Investment Report 2026-05-28
Valley Bank Demand Deposit Supports HDC Liquidity
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Description
Valley Bank holds nearly $400 million in HDC funds in a competitive demand deposit arrangement.
Contract Details
Contract Amount
$397,551,107
Vendor
VALLEY BANK
Agency
NYC Housing Development Corporation (HDC), NY
Contract Type
FINANCIAL_SERVICES
Document Date
May 28, 2026
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Public Authority
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