Do You Own a Small Multifamily Building in New York State & Seek Long Term Financing? If so, CPC & Freddie Mac’s Small Balance Loan offering may be the ideal fit for you.
NYC Local Law 84 requires owners of buildings over 50,000 SF to annually measure their energy consumption in a process called benchmarking - deadline to comply is 5/01/15.
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.