Alfred DelliBovi, the head of the Federal Home Loan Bank of New York and a lion of housing finance, submitted his resignation Thursday after 21 years as president.

A former deputy secretary at the Department of Housing and Urban Development, DelliBovi will step down from the FHLB on April 1, the bank said. He announced in October that we would depart sometime in 2014 and paved the way for Jose Ramon Gonzalez to succeed him.

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