Since 1974, The Community Preservation Corporation (CPC) has held the belief that housing is central to transforming underserved neighborhoods into thriving and vibrant communities. Throughout the years, we've partnered with government, community stakeholders, borrowers and others to find and advance solutions to the housing problem. Please join us all year long as we celebrate our 50th anniversary by highlighting the projects, people, and communities that have made CPC what it is today. To learn more about CPC visit https://communityp.com/ #CPC50th #50YearsofImpact #50YearsofInnovation
The Community Preservation Corporation
Real Estate
New York City, New York 6,350 followers
Contact CPC to discuss financing your next multifamily building construction, acquisition, refi, or rehab project.
About us
The Community Preservation Corporation (CPC) was launched in 1974 through a joint agreement between the City of New York and its leading commercial banks to restore and rebuild New York’s aging neighborhoods. CPC itself was an innovation when it was founded, and we carry that founding spirit with us as we operate today. Join us all year long as we celebrate our 50th anniversary (#CPC50th) by highlighting how the CPC has evolved and expanded our reach to become a consistent source of capital to underserved housing markets throughout New York City and in communities across the state. Our deep, strategic relationships with government agencies, community groups, banks, and other investors has positioned CPC as a trusted partner who works hand-in-hand with housing providers to create customized financing solutions. CPC has financed more than 225,000 affordable housing units to date. With roughly $14.4 billion in public and private investments, our work has helped revitalize countless neighborhoods and provided quality housing for low-income families, senior citizens, and individuals with disabilities.
- Website
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http://www.communityp.com
External link for The Community Preservation Corporation
- Industry
- Real Estate
- Company size
- 51-200 employees
- Headquarters
- New York City, New York
- Type
- Nonprofit
- Founded
- 1974
- Specialties
- NYS Mortgage Lender, NYC Benchmarking, Green Financing, One-Stop Financing Solutions for Multifamily Housing Developers, Supportive Housing, Permanent Financing, Downtown Revitalization, Construction Financing, Freddie Mac Seller/Servicer, and FHA Multifamily Accelerated Processing (MAP) approved lender
Locations
Employees at The Community Preservation Corporation
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Shelynda Brown
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Monique D Jefferson, SPHR, SHRM-SCP
Chief People Officer | CHRO | Board Member | Executive Compensation and Succession Management | Strategic Business Advisor | Transformation |…
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William Cassidy CPA
Financial Executive | Treasury Operations | Financial Analysis | Financial Planning | Forecasting | Financial Reporting | Certified Public Accountant…
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Nicholas Barron
Communications Lead for CPC Climate Capital
Updates
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The Housing Problem #podcast is back for Season 4! You don't want to miss the first-ever "Hot Take" episode zeroing in on what it means to have a presidential candidate make the #housingcrisis a key piece of her economic platform:
We’re back for another season of The Housing Problem podcast! While our first guest interview of season 4 is a few weeks away, there’s so much going on in #housing both locally and nationally that we couldn’t stay away. In our first ever “Hot Take” episode kirk and I break down what it means to have Vice President Kamala Harris joining the #YIMBY club by bringing the national #housingcrisis front and center in her campaign. What would it be like to have a YIMBY in the White House? Will housing be part of the next #presidentialdebate? Check out our Hot Take and stay tuned for more!
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Join us on Wednesday, September 11th at 2pm ET for a #LessonsLearned #webinar! Members of our Climate Friendly Homes Fund (CFHF) team will talk through valuable lessons they’ve learned from providing grants to existing 5-50-unit buildings in New York with a focus on replacing older, less energy-efficient systems with all-electric, high-performance #heating, #cooling, and hot water systems. The CFHF team will highlight milestones and obstacles and how they have adapted to accommodate different challenges of the program, as well as share some detailed case studies on committed and closed projects. You won’t want to miss this! Register today to join us on 9/11: https://lnkd.in/eysrwtJQ #AffordableHousing #EquitableHousing #EnergyEfficientHousing #SustainabilityWebinar #Heatpumps #ElectricHeating #ClimateFriendlyHomesFund #CFHF #Decarbonization #Emissions #CleanEnergy
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CPC is looking forward to Upstate NYSAFAH! We’ll be at the Buffalo Convention Center on September 12th and are eager to showcase our newest products and projects! We’re looking forward to connecting with industry peers and leaders, sharing innovative solutions, and discussing the future of affordable housing. Stop by our booth to learn more about the work we’re doing to preserve and create affordable housing upstate and across the country. Register for Upstate NYSAFAH here: https://lnkd.in/d65nfsSU See you there! #AffordableHousing #EquitableHousing #EnergyEfficientHousing #UpstateNYSAFAH2024 #AffordableHousingConference
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The Community Preservation Corporation has been officially certified as a Most Loved Workplace! 🏆❤️ This recognition is a testament to the positive impact we’re making together and the dedication we have for our mission. A huge thank you to our staff, partners, and everyone who believes in our mission of expanding access to #affordablehousing. Your commitment, enthusiasm and hard work is why we’ve been given this honor. Learn more here: https://lnkd.in/ddH-ygiE
The Community Preservation Corporation - Most Loved Workplace®
mostlovedworkplace.com
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CPC was proud to be at the ribbon cutting for the Eckhardts building in East Buffalo! The building sat unused for 18 years before Cedarland Development Group stepped up to renovate and convert the 50,000-square-foot structure into a mixed-use development. CPC provided a $7.8 million construction loan, as well as a $3.2 million State Of New York Mortgage Agency (SONYMA)-insured permanent loan financed through our partnership with the New York State Common Retirement Fund. Today, the revitalized building boasts 28 #affordablehousing units and a free Head Start #childeducation program, bringing new life to the former retail store. We’re honored to be a part of this great project—one that Governor Hochul recognized as a #transformational project in Buffalo’s Broadway-Fillmore neighborhood as part of a $10 million Downtown Revitalization Initiative award. Congratulations to all on this impactful project, including Empire State Development; New York State Homes & Community Renewal; Cedarland Development LLC; Erie County, NY and Community Action Organization of Western New York. Read more in our press release, here: https://lnkd.in/d76XgF8s #EquitableHousing #EnergyEfficientHousing #GovernorsAward #BuffaloRealEstate #NYRealEstate #NYDevelopers #BuffaloDevelopers #RetirementFund
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Have you heard The Housing Problem, a podcast by our CEO Rafael E. Cestero and Monadnock Development's kirk goodrich? You can listen to the complete Season 3 now! https://lnkd.in/eRc2Trxw #AffordableHousing #EquitableHousing #EnergyEfficientHousing #Podcast #HousingPodcast #TuneIn #AffordableHousingPodcast #SteamNow
Marino is excited to share that all episodes of The Housing Problem podcast, Season 3, are now streaming. We’re proud to support this insightful series, which features engaging interviews with former US HUD Secretaries Julian Castro and Shaun Donovan, City Council Speaker Adrienne Adams, NYC Director of City Planning Dan Garodnick, Related Companies CEO Jeff Blau, and more. To catch up on this season’s compelling discussions, visit https://lnkd.in/eRc2Trxw
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Our CPC Climate Capital team recently visited an #affordable senior housing development that is highly energy efficient and powered by #solar and #geothermal. We’re excited to finance sustainable projects like these across the country and lay the groundwork to help America provide healthier, more climate-friendly #multifamily housing. Stay tuned to this page for upcoming updates about working with #CPCClimateCapital! #WeAreClimateUnited #GGRF #AffordableHousing #EquitableHousing #EnergyEfficientHousing
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CPC celebrates Women’s Equality Day! Previously known as Suffrage Day, #WomensEqualityDay commemorates the 1920 passage of the 19th Amendment, which granted women the right to vote. This milestone was the result of decades of activism and advocacy. However, the right to vote did not become a reality for most BIPOC women until after the passage of the Voting Rights Act of 1965, which outlawed discriminatory voting practices. While fair elections and equitable access to voting persist as issues today, Women’s Equality Day is a time to honor the activism and advocacy of the women’s rights movement and recognize the work still ahead to achieve gender equality in the U.S. and globally. #WomensEqualityDay2024
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We were thrilled to be at the ribbon cutting of Sierra Murray’s first project! A CPC #ACCESSIncubator graduate, Sierra grew up in the historically redlined Sheridan Hollow neighborhood of #Albany and always knew that she wanted to make a difference in her own community. With the help of a construction loan from CPC, Sierra has now completed a gut rehabilitation of two #affordable apartments at 269 Sheridan Avenue—and has already welcomed the new residents to their new homes! And Sierra is just getting started; she owns other properties in the area that she aims to revitalize as well. Congratulations, Sierra! We can’t wait to see what you do next. Thank you to all who made this possible. Watch an interview with Sierra here: https://lnkd.in/e_aiMaGw #AffordableHousing #EquitableHousing #EnergyEfficientHousing #AlbanyRealEstate #AlbanyDevelopers #BIPOCDevelopers #WomenDevelopers #EmergingDevelopers #EmpowerDevelopers #ACCESSProgram #GutRehab #ConstructionLoan #SheridanHollow #RibbonCutting
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