Certification

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds. Rigorous scientific criteria ensure that it is consistent with the 2 degrees Celsius warming limit in the Paris Agreement. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

New York State Housing Finance Agency

New York State Housing Financing Agency offers financing to both non-profit and for-profit developers to build new and maintain existing affordable rental housing for families across the State of New York.

HFA expects that the housing projects financed with the proceeds of its Green Bonds will meet or exceed certain ENERGYSTAR energy efficiency standards and thereby qualify as "Low Carbon Buildings" under the Climate Bond Initiative's criteria. 

The first bond in the program was announced by New York State Governor Cuomo, and he highllighted the energy efficiency goals of the program.

 

The bonds 2016 Series H and 2017 Series A financed 643 housing units across 4 counties in New York State.

The bond 2017 Series D financed 274 housing units in 2 different counties in New York State.

The bond 2017 Series H financed 425 housing units in 3 different counties in New York State.

The bond 2017 Series J financed 188 housing units in 2 different counties in New York State.

The bond 2017 Series K financed 460 housing units in 2 different counties in New York State.

The bond 2018 Series B financed 378 housing units in 2 different counties in New York State.

The bond 2018 Series D financed 537 housing units in 2 different counties in New York State.

The bond 2018 Series F financed 619 housing units in 4 different counties in New York State.

The bond 2018 Series H financed 681 housing units in 5 different counties in New York State.

The bond 2018 Series I financed 785 housing units in 6 different counties in New York State.

The bond 2019 Series D financed 552 housing units in 3 different counties in New York State.

 

 

Overall EMMA page for Issuer

EMMA is "Electronic Municipal Market Access", a service prvoided by the Municipal Securities Rulemaking Board (MSRB), for US municipal bonds.

 

DATE OF ISSUE NAME OF BOND TYPE OF INSTRUMENT SIZE MATURITY COUNTRY OF ISSUE

CLIMATE BONDS

SECTOR CRITERIA

VERIFIER'S REPORT

(note 1)

ANNUAL REPORT FURTHER INFORMATION
December 2016

Affordable Housing Revenue Bonds

2016 SERIES H

Securitised bonds USD 45.1m many tranches, up to 33 years USA

Low Carbon Buildings

 (Residential)

Pre issuance report

Post issuance report

Annual reporting via EMMA  

Press Release: Governor Cuomo Announces  Green Bonds

EMMA page

EMMA Official Statement

January 2017

Affordable Housing Revenue Bonds

2017 SERIES A

Securitised bonds USD 53.995 many tranches, up to 32 years USA 

Low Carbon Buildings

 (Residential)

 

Post issuance report

Annual reporting via EMMA

EMMA page

EMMA Official Statement

March 2017

Affordable Housing Revenue Bonds

2017 SERIES D

Securitised bonds USD 56.2m many tranches, up to 32 years USA

Low Carbon Buildings

 (Residential)

 

Post Issuance Report

Annual reporting via EMMA

EMMA page

EMMA Official Statement

June 2017

Affordable Housing Revenue Bonds

2017 SERIES H

Securitised bonds USD 78.4m many tranches, up to 32 years USA

Low Carbon Buildings

 (Residential)

 

Post Issuance Report

Annual reporting via EMMA

EMMA page

EMMA Official Statement

September 2017

Affordable Housing Revenue Bonds

2017 SERIES J

Securitised bonds USD 40.9m many tranches, up to 33 years USA

Low Carbon Buildings

 (Residential)

 

Post Issuance Report

Annual reporting via EMMA

EMMA page

EMMA Official Statement

November 2017

Affordable Housing Revenue Bonds

2017 SERIES K

Securitised bonds USD 115m many tranches, up to 33 years USA

Low Carbon Buildings

 (Residential)

 

Post Issuance Report

Annual reporting via EMMA

EMMA page

EMMA Official Statement

April 2018

Affordable Housing Revenue Bonds

2018 SERIES B

Securitised bonds USD 68.9m many tranches, up to 33 years USA

Low Carbon Buildings

 (Residential)

 

Post Issuance Report

Annual reporting via EMMA

EMMA page

EMMA Official Statement

May 2018

 Affordable Housing Revenue Bonds

2018 Series D

Securitised bonds USD 99m many tranches, up to 33 years USA

Low Carbon Buildings

 (Residential)

 

Post Issuance Report

Annual reporting via EMMA

EMMA page

EMMA Official Statement

June 2018

 Affordable Housing Revenue Bonds

2018 Series F

Securitised bonds USD 117m many tranches, up to 35 years USA

Low Carbon Buildings

 (Residential)

 

Post Issuance Report

Annual reporting via EMMA

EMMA page

EMMA Official Statement

October 2018

Affordable Housing Revenue Bonds

2018 Series H

Securitised bonds USD 136m many tranches, up to 33 years USA

Low Carbon Buildings

 (Residential)

  Annual reporting via EMMA

EMMA page

EMMA Official Statement

December 2018

Affordable Housing Revenue Bonds

2018 Series I

Securitised bonds USD 188m many tranches, up to 35 years USA

Low Carbon Buildings

 (Residential)

   

EMMA page

EMMA Official Statement

March 2019

Affordable Housing Revenue Bonds

2019 Series D

Securitised bonds USD 125.4m many tranches, up to 33 years USA

Low Carbon Buildings

 (Residential)

   

EMMA page

EMMA Official Statement

June 2019

Affordable Housing Revenue Bonds

2019 Series H

Securitised bonds USD 49.25m many tranches, up to 33 years USA

Low Carbon Buildings

 (Residential)

     
July 2019

Affordable Housing Revenue Bonds

2019 Series L

Securitised bonds USD 9.6m up to 4 years USA

Low Carbon Buildings

 (Residential)

     

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

note 1: As this is a programmatic certification, the pre issuance verification report is the same for all subsequent bonds after the first one