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
Immobilien
New York City, New York 6,302 followers
Contact CPC to discuss financing your next multifamily building construction, acquisition, refi, or rehab project.
Über uns
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
- Industrie
- Immobilien
- Größe des Unternehmens
- 51-200 Mitarbeiter
- Hauptsitz
- New York City, New York
- Typ
- Nonprofit
- Gegründet
- 1974
- Spezialitäten
- 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
Standorte
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
Aktualisierungen
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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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Last week, the US Environmental Protection Agency (EPA) granted Climate United its $6.97 billion award from the National Clean Investment Fund. Now, it’s time to act! We’re hitting the ground running and want you to #joinourteam. CPC is hiring for multiple roles dedicated to #ClimateUnited, including: 🟢 AVP, Manager of Education & Outreach 🟢 Chief Underwriter 🟢 VP, Market Development & Partnerships 🟢 Attorney–Compliance Learn more about our open roles here: https://lnkd.in/eQTMy5_P #JobAlert #HiringAlert #JoinOurTeam #NowHiring #OpenPosition #ApplyNow #ApplyHere #NewJobOpportunity #WeAreClimateUnited #CPCClimateCapital #AffordableHousing #EquitableHousing #CleanEnergyHousing #GGRF #NCIF #IRA #CleanJobs #CleanEnergy #GreenLending #GreenFinance #NYCRealEstate #NYRealEstate #NYHousing #AVP #EducationandOutreach #CheifUnderwriter #MarketDevelopment #Partnerships #ComplianceAttorney
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Don't miss Lawrence G. Hammond, Senior Vice President, Director of ACCESS at the National Black & Latino Economic$ Summit! His session, Greenhouse Gas Reduction Fund for Small Business Growth, is at 2:15pm today! We hope to see you there. #GGRF #WeAreClimateUnited #EmpowerBIPOCDevelopers #EmergingDevelopers #CleanEnergy #EnergyEfficientHousing #EquitableHousing #AffordableHousing #EconomicsSummit #ACCESS
Senior Vice President/Director of CPC ACCESS at The Community Preservation Corporation/Empowerment Strategist
I am speaking at 2024 National Black & Latino Economic$ Summit. Please check out my talk if you're attending the event! - via #Whova event app
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This afternoon, join CPC’s Wilhelmena Norman-Hernandez, Vice President, Manager of Community Impact for ACCESS, at the “Ecosystem for Real Estate Excellence: Building a Profitable Housing Development Model” session at the 2024 National Black and Latino Economic$ Summit! The session begins at 2pm—we’ll see you there!
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Reflecting on 50 years of progress, CPC proudly celebrates Nehemiah Spring Creek, a multiphase initiative from the City of New York and East Brooklyn Congregations (EBC). From its abundance of parks to the Spring Creek Educational Center to the expanded Gateway Shopping Center, we're thrilled to witness the ongoing #revitalization of this vibrant community. Almost 20 years in the making, Phase One of Nehemiah Spring Creek Homes finally came to fruition in June 2009. In partnership with the City of New York and EBC, CPC was honored to provide the financing for the wonderful new community within the scenic Gateway Parks district. 184 units of affordable housing, including 69 single-family homes, 29 two-family homes, and 19 three-family homes, were created as part of Phase One of the projects. This influx of safe and affordable living spaces for the residents of #EastBrooklyn has stabilized the community, and as further development continues 1,200 new #affordable #rental units are expected. It’s been a privilege to see this project deliver on its promise to transform 45 acres of former wetlands and a landfill into a modern and model suburban, mixed-income, smart-growth community. Please follow along 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 and our innovative approach to serving communities in need, visit https://communityp.com/ #CPC50th #50YearsofInnovation #50YearsofImpact
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