The New York City Housing Development Corp. received an additional private-activity bond volume cap allocation of $57.5 million from the state last week to allow it to issue debt for affordable housing developments this month.

The HDC plans to ask the state for another allocation under the volume cap by the end of the year, spokesman Aaron Eckerle said. Volume under the cap is allocated by the state by calendar year and unused amounts from the previous year can be carried forward into the next.

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