The Community Preservation Corporation (CPC)

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The Community Preservation Corporation (CPC) CPC offers capital products for multifamily construction, acquisition, refinance, and rehab.

CPC is a nonprofit affordable housing and community revitalization finance company that transforms underserved neighborhoods into thriving, vibrant communities.

CPC’s inaugural Investor Summit brought together leaders from across government, finance, housing development, and inves...
10/21/2026

CPC’s inaugural Investor Summit brought together leaders from across government, finance, housing development, and investment around a shared goal: expanding what’s possible in affordable housing.

The Summit was an opportunity to introduce investors and partners to the breadth of what CPC has become and to showcase what we’ve built together: our expertise, creativity, track record, partnerships, and ability to find solutions to some of the most complex housing challenges.

Thank you to Eric Enderlin, Bryan Kelly, Edward Skyler, Randolph C. Snook, RuthAnne Visnauskas, Richard Roberts, and Peter Cannava for sharing their perspectives, and to everyone who joined us at Glasshouse Chelsea in New York City. This is just the beginning of the conversation!

10/07/2026

What happens when public, private and community partners come together to tackle one of Central New York’s biggest challenges?

In this , CenterState CEO’s Ben Sio sits down with Nicholas Petragnani, Jr., of The Community Preservation Corporation (CPC) to discuss The Housing Central New York Fund. It’s a $150 million initiative created by Empire State Development and CenterState CEO to help expand the region’s housing supply. Administered by CPC, the fund provides low-cost financing to qualified developers building mixed-income rental housing and attainable for-sale homes. Watch further to learn how teamwork is making housing opportunities a reality as Central New York continues to grow.

🏙️ Find CPC at Climate Week NYC! 🌎 brings together leaders from across housing, finance, sustainability, and resilienc...
09/16/2026

🏙️ Find CPC at Climate Week NYC! 🌎

brings together leaders from across housing, finance, sustainability, and resilience, and CPC is proud to be part of the conversation.

Join our experts as they explore some of the most pressing challenges and opportunities facing communities today:

đź“Ť Sadie McKeown, Head of Innovation
🔹 Unlocking Trillions at the Frontier of Community Resilience Investment, hosted by CohnReznick
Panel - From Census Tracts to Capital Stacks: How Opportunity Zones Will Create Investable Corridors to Attract Billions of Dollars for Community Climate Resilience and Economic Development
🗓️ September 21 | 3:00 - 4:00 PM

🔹 Environmental Sustainability & Climate Innovation, hosted by 1BusinessWorld
Panel - The Future of Buildings and Energy Systems: Efficiency, Intelligence, Flexibility and Resilience
🗓️ September 21| 3:00–8:00 PM

đź“Ť Lindsay Robbins, Senior Director, Market Innovation & Sustainability
🔹 Decarb Summits Climate Week Kickoff
Panel - Navigating NYC Building Compliance and Decarbonization
🗓️ September 17 | 9:10 - 9:50 AM

đź“Ť Bennett Hilley, Senior Director, Climate Lending & Investing
🔹 The Resilience Dividend: Proving Climate Adaptation Pays, hosted by American Family Ventures
🗓️ September 23 | 3:30 - 6:30 PM

We’ll see you there!

CPC is proud to close a $2.9M Freddie Mac (TAH) Forward loan to support the refinance of The William Schma House, a 48-u...
08/19/2026

CPC is proud to close a $2.9M Freddie Mac (TAH) Forward loan to support the refinance of The William Schma House, a 48-unit permanent supportive housing community in the Edison Neighborhood of Kalamazoo, Michigan.

This transformative project will provide stable, affordable housing and recovery-focused support services for individuals and families working to rebuild their lives. Developed by Edison Community Partners in collaboration with Integrated Services of Kalamazoo and the Kalamazoo County Problem-Solving Courts, the development will offer housing paired with on-site services designed to promote long-term stability and success.

We are grateful to our partners for their vision, collaboration, and commitment to expanding housing opportunities that strengthen communities and change lives. Congratulations to all involved!

We’re hiring at CPC! The Community Preservation Corporation is growing, and we’re looking for mission‑driven talent to j...
08/16/2026

We’re hiring at CPC!

The Community Preservation Corporation is growing, and we’re looking for mission‑driven talent to join us across our various teams.

For more than 50 years, CPC has been a leader in addressing disinvestment, expanding affordable housing, and strengthening communities. As the largest CDFI solely dedicated to multifamily housing, we’ve invested over $16 billion to create and preserve more than 247,000 homes across New York and beyond—and we’re just getting started.

Explore open roles and help us build the future of affordable, resilient housing: https://hubs.la/Q04t5FZm0

We're excited to share that CPC Mortgage Company's Andrew Pettit, Senior Manager of Agency Production, will be joining i...
08/12/2026

We're excited to share that CPC Mortgage Company's Andrew Pettit, Senior Manager of Agency Production, will be joining industry leaders from National Equity Fund for the upcoming webinar, "Capital Diversification Strategies: Enhancing Yield and Certainty in Affordable Housing Investments," on October 8th, 2026.

Andrew will share insights on leveraging Agency debt and permanent lending solutions to strengthen affordable housing capital stacks, support recapitalizations, and deliver successful outcomes from application through closing.

Register today and join the conversation on innovative financing strategies for affordable housing investments: https://hubs.la/Q04sPR6F0

We’ll see you there!

08/12/2026

A major investment in affordable housing preservation in Michigan!

CPC Mortgage Company recently structured a $42.1 million financing package to support the rehabilitation of Parkside Estates and Demby Terraces, preserving all 315 affordable homes and enhancing quality of life for residents.

Read the full story: https://hubs.la/Q04sPvgy0

We're thrilled to share that The Rise has been selected as a finalist for the Affordable Housing Finance Readers' Choice...
08/11/2026

We're thrilled to share that The Rise has been selected as a finalist for the Affordable Housing Finance Readers' Choice Awards!

CPC is proud to be part of this transformative development in Brownsville, Brooklyn, alongside our partners at Xenolith Partners, United for Brownsville, and the Women's Prison Association - WPA.

As a mission-driven lender, CPC is honored to help finance projects like The Rise that expand access to high-quality, affordable housing in communities that have long faced disinvestment. The development delivers 72 affordable homes, including 47 units of permanent supportive housing, ensuring that residents have both stable housing and access to the resources they need to succeed.

With trauma-informed design, mental health services, workforce development programs, and a future rooftop urban farm, The Rise was created to be a place of opportunity and belonging.

We're honored to see this project recognized and would love your support. If you're an Affordable Housing Finance subscriber, please consider voting for The Rise in the Readers' Choice Awards and help spread the word by sharing this post with your network.

Read more about The Rise and vote here: https://hubs.la/Q04szw6J0

Central New York is growing, and so is its need for housing. That's why CPC is administering the $150M Housing Central N...
08/06/2026

Central New York is growing, and so is its need for housing. That's why CPC is administering the $150M Housing Central New York (HCNY) Fund.

HCNY is designed to help developers advance mixed-income rental housing and attainable homeownership projects across Cayuga, Cortland, Madison, Onondaga, Oswego, and Oneida counties.

By providing 6% subordinate debt financing, HCNY helps bridge funding gaps created by rising construction and capital costs and keeps projects moving forward.

Applications for funding requests are now open! Learn more and apply: https://hubs.la/Q04s9qJz0

We're proud to support the closing of a transformative mixed-use, transit-oriented development that will bring 296 mixed...
08/05/2026

We're proud to support the closing of a transformative mixed-use, transit-oriented development that will bring 296 mixed-income homes, neighborhood retail, and publicly accessible open space to White Plains, NY. CPC's Building Innovation team provided $10M in financing to help advance this shovel-ready project and accelerate the delivery of much-needed housing in Westchester County.

Located directly across from the North White Plains Metro-North Station, the all-electric development will expand housing opportunities for residents across a range of income levels while creating a more connected, sustainable, and vibrant community.

Thank you to our partners at New York State Homes & Community Renewal, BRP Companies, Merchants Capital, Basis Investment Group, and everyone who helped bring this exciting project to life!

Read more: https://hubs.la/Q04r_szd0

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New York, NY

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+12128695300

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