One-Stop Financing Solutions for Multifamily Housing Developers

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.
Rome, NY The redevelopment of Liberty Gardens has transformed distressed public housing into quality homes that are affordable and safe.
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.
Weatherization Assistance A successful partnership between CPC & NYS HCR produced energy- and cost-savings results statewide to weatherize structures such as this senior-housing building, located South of Albany.
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

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October 16

CPC Provides $3.3 Million Loan for Supportive Housing in Long Island

CPC a leading not-for-profit affordable housing and neighborhood revitalization lender, announced today a $3.3 million loan to refinance supportive housing developments in...

"Before this transformation, every time I walked into my building, I had to pray that at least one of our elevators would be working. Now I no longer have to worry about that. Our buildings have been radically transformed for the better in many ways, and we will continue to work with CPC to ensure that this spectacular progress continues."

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Jacqueline Melendez

Resident, Riverdale Osborne Towers, Brooklyn

Superstorm Sandy damaged many properties throughout the region, and as we work to rebuild, it is important to prepare. CPC has consolidated advice from FEMA, other government agencies & building experts on preparing for natural disasters. Click here to review safety tips for the buildings you live & work in.