One-Stop Financing Solutions for Multifamily Housing Developers

Do You Own a Small Multi-Family Building & Seek Long Term Financing? If so, CPC & Freddie Mac’s Small Balance Loan offering may be the ideal fit for you.
Mayor de Blasio & Comptroller Stringer announce a partnership to establish a $350M fund to support affordable housing New fund will allow CPC to provide lending capital to housing developers for the acquisition, construction, rehab & preservation of affordable housing in NYC and NYS.
Poughkeepsie, NY This newly constructed development contains 71 affordable apartments for seniors, the homeless, and disabled veterans.
Bronx, NY L-R: DJ Kool Herc, former HPD Commissioner Visnauskas, WFHA principal John Crotty and CPC President & CEO Rafael Cestero celebrate the rebirth of 1520 Sedgwick Ave.
Port Washington, NY A partnership with the NYS Common Retirement Fund enabled CPC to provide this low-income Long Island complex with a $10.15M fixed-rate loan to help finance energy efficient components.
Pendell Commons Located in Poughkeepsie, this new 73-unit affordable housing community will provide affordable housing for families and seniors.
Eastern Parkway, Brooklyn Over three decades, CPC has financed over $400M in 250+ projects for over 8,000 housing units along Eastern Parkway and the surrounding area.
McKinley Square A significant CPC accomplishment can be seen with the development of the McKinley Square neighborhood in the South Bronx.
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How Can We Help?

Permanent, Freddie Mac, refinancing and rehab loans available in New York.

Start-to-finish support and technical assistance for borrowers

Over $8 billion invested; more than 157,000 affordable units financed since 1974

Working with public, private and non-profit developers

No deal too large, small or "unconventional" for consideration

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Past Work

See Our Work

April 29

CPC Closes $40M Freddie Mac Loan to Refi Mitchell-Lama Project

CPC recently closed a $40M loan with funding through Freddie Mac to refinance Cathedral Parkway Towers, a 309-unit Mitchell-Lama project on West 110th Street. The...

“Amber Grove is an outstanding example of excellence in affordable housing...Congratulations to CPC, Jonah Mandelbaum and the other dedicated public and private partners. Thanks to their collaborative efforts, New Windsor seniors will be able to live independently, comfortably, and with access to the services and amenities they need.”

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HCR Commissioner/CEO Darryl C. Towns

CPC is one of a select group of Freddie Mac seller-servicers able to offer their new Small Balance Loan offering.
Under this new offering, CPC and Freddie Mac will collaboratively meet the financial needs of small rental multifamily properties by providing long-term capital.
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