We believe that housing is central to transforming underserved neighborhoods into thriving and vibrant communities.

$10.5 billion
Dollars Invested
193,000
Units Created
965,000
People Housed
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At CPC, we utilize our deep, strategic relationships with government agencies, local community groups, banks, and other lenders to create customized loan opportunities for our customers. Use our Loan Finder Tool to see which loan products might be a fit for your project.
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Unmatched Impact
The Community Preservation Corporation (CPC) was formed in 1974 in response to the property abandonment and blight issues facing New York City at the time. Founded by a group of commercial banks to invest in the preservation of rental housing stock in stable, working-class neighborhoods, CPC’s lending was designed to stem the broader tide of neighborhood decline in the city. The organization built on its successful multifamily housing and neighborhood revitalization lending model in NYC, and expanded north in the early 1990s in response to unmet housing capital needs in the Hudson Valley and upstate New York.

Since inception, CPC’s creative financing solutions have supported critical projects in neighborhoods across New York State and beyond, resulting in wide-reaching physical, economic and social impacts that improve communities and people’s lives.

Use the interactive map to explore the regions that we have served over the years.
Sustainability
Financing Energy Efficient Buildings
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Underwriting Efficiency Handbook
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As an affordable tenant-owned- and operated building, keeping costs to a minimum, but not at the expense of our comfort or safety, has always been a priority of residents here. Working with The NYC Pension Funds, CPC and all of the other private and public housing and financing agencies, we have been able to accomplish that. With these upgrades, we can look forward to living in a more environmentally sensitive and economically sensible building for many more years.
Willie Mae Anderson
Treasurer of The United Tenants Association of Cathedral Parkway Towers and Manager of Cathedral Parkway Towers
We are fortunate to have had the opportunity to work with The Community Preservation Corporation. Each of your staff members played an important role in restoring our ability to respond to the need for quality, affordable housing in our community.
Sharon Hutchinson
Executive Director, Auburn Housing Authority
As a downtown developer working in both Syracuse and Rochester, Franklin Properties looks for partners who share our vision for restoring landmark architecture and creating great places where people want to live. CPC and the Common Retirement Fund have been valuable partners through the years in providing the necessary investment to bring these developments to life. Our work would not be possible without their support.
Doug Sutherland
Managing Partner, Franklin Properties
I am so thankful to have been given the opportunity to work with CPC, the City of Buffalo, and other partners to preserve and renovate this historic landmark and develop such an incredible housing development that will benefit the entire City. Hotel @ The Lafayette is an excellent example of how quality development is essential to the vitality and continuing growth of Buffalo's downtown district.
Rocco Termini
President, Signature Development, LLC
Being able to repurpose buildings [previously used for manufacturing] and having a company like CPC provide funding for many of our challenged neighborhoods is something that we truly appreciate.
Lovely A. Warren
Mayor of Rochester
We have been a borrower with CPC for an excess of 15 years. Their staff is creative, helpful and professional in every manner. I plan to continue our relationship with CPC for a long time in the future.
Mark J. Rosen
Principal, Dawn Homes Management
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A guide to financing small multifamily building projects
 
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