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New York Issues $289 Million in Bonds to Rehabilitate 41 Low-Income Housing Properties

Investment Sale Proceeds to Help Fund Upgrades at 1,718 Apartments Receiving Federal Section 8 Assistance
Wise Tower at 117 W. 90th St. in Manhattan is the largest project slated for renovation. (CoStar)
Wise Tower at 117 W. 90th St. in Manhattan is the largest project slated for renovation. (CoStar)
CoStar News
December 7, 2020 | 11:17 P.M.

The New York City Housing Development Corp. has issued $289.1 million in sustainable development bonds that will help finance the preservation and rehabilitation of 1,718 housing units in 41 city-owned public housing buildings throughout Manhattan.

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