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HPD vs HDC Co-op Apartment in NYC

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  • HPD vs HDC Co-op Apartment in NYC

    My friend got the below from the property manager of a building that's for sale. What exactly is the difference between HPD vs HDC vs HDFC?

    Hello – Please note that this is an HDC property – not an HPD, for this site does not have a mortgage with HPD does with HDC – I have attached the application along with an income guide – note unit 3D is at 165% Median income – 1 person my earn up to $120.615.00
    2 persons may earn up to $137,775 combined income – be aware the persons cannot earn one penny over the amounts indicated – must be their primary residents – HDC will review application as well as board – client will be approved by both – application and all documents required are to be submitted together – as required on specific docs must be notarized
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