Tag Archives: Housing Development Fund Corporation

NYC’s HDFC Co-op Apartments: So affordable and yet so unattainable!

A classic Catch-22 of NYC real estate when an apartment is affordable and yet economically unattainable! This is the plight for many in New York under the guidelines of what is known as H.D.F.C., or Housing Development Fund Corporation. While this co-op program that began during the severe economic downturn in the 1970’s (remember Municipal Assistance Corporation or […]