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Press Releases

Filter by Year
02/15/17

Loans Are CPC’s First Two Freddie Mac Small Balance Loan (SBL) Deals in…

02/2/17

Clarkstown Units Will Provide Affordable Housing to Low Income Seniors Authorizes Additional $10…

01/31/17

Gut-Rehab of 800-804 Broadway Will Create 15 Units of Housing, Restore Historic Buildings,…

01/15/17

“Today the Governor promised to send a bill to the State Legislature that…

12/13/16

Community Development Project Will Preserve the Historic Structure While Creating 92 Apartments and…

11/28/16

Funding Will Significantly Increase CPC’s Permanent Lending Capacity for Low- and Moderate-Income Multifamily…

11/10/16

“I’d like to thank Governor Cuomo for his leadership in breaking the stalemate…

10/28/16

Loan Facility Helps Developers Construct or Rehabilitate up to 350 Affordable Homes for…

10/26/16

$12 Million Mixed-Use Development Supports Transit-Oriented and Economic Development in Downtown New Rochelle…

09/14/16

September 14, 2016 “I want to thank Governor Cuomo for his ongoing leadership…

08/29/16

Agreement Adds Additional $140 Million to CPC’s Existing Revolving Construction Lending Facility 63…

08/25/16

Community Preservation Corporation Exceeds FY2016 Goals While Nearly Doubling Loan Volume and Increasing…

08/16/16

Michael DeWitt Joins CPC as Senior Vice President and Regional Director to Cultivate…

07/26/16

New Affordable Housing Development Brings 60 New Apartments to the Oneonta Community, Including…

06/1/16

Managing Director of Acquisitions for Red Stone Equity Partners & Former Commissioner of…

05/24/16

72 New Affordable Apartments for Area Residents, Including Supportive Services for Tenants with…

04/27/16

Local Investment Complements “Central NY Rising” – Region’s Successful Upstate Revitalization Initiative Blueprint…

04/25/16

67 Units Will Be Built to Serve Low-Income and Formerly Homeless Residents Tapestry…

04/5/16

April 5, 2016, New York City, NY — The New York City Energy…

02/25/16

New Apartments on Buffalo River to be completed in 2016 Frontier Development Initiatives…

02/4/16

With 68 Loans Closed In First Half of FY16, More Than Entire Previous…

01/13/16

“I applaud Governor Cuomo and his team for proposing an ambitious housing plan…

12/21/15

Faculty Director of Furman Center and Former Partner and Business Department co-Chair at…

12/16/15

Testimony of Rafael E. Cestero President & Chief Executive Officer The Community Preservation…

12/7/15

Part of Governor’s $1 Billion House NY Initiative, Homesteads on Ampersand is First…

12/3/15

The formerly vacant, small multifamily building has been rehabilitated into much-needed affordable housing…

10/29/15

CPC’s First Eight SBL Loans Support Properties in Yonkers, New York City, Syracuse…

10/15/15

(Rochester, NY) –   DePaul joined with city, state, public and private partners to…

10/7/15

State-of-the-Art Renovations to 100-Unit Mitchell-Lama Development Part of Governor Cuomo’s House New York…

09/30/15

Governor Andrew M. Cuomo today announced $20 million is available for the construction…

09/18/15

President and Chief Executive Officer of the Rochester Business Alliance recently elected as…

09/17/15

CPC poised for growth with loans from last fiscal year supporting a total…

09/9/15

President and Chief Executive Officer of the Rochester Business Alliance recently elected as…

08/26/15

One-on-One Financial and Technical Assistance for Small Multifamily Building Owners in East Harlem…

06/30/15

SVP Tom McGrath to Lead Upstate Growth; Elizabeth Propp Joins as SVP for…

06/24/15

The Mill at Middletown to provide 42 affordable homes, community space, and job…

04/24/15

Newly completed housing development in Poughkeepsie to provide workforce and supportive housing  Poughkeepsie,…

01/12/15

New Offering Meets Gap in Long-Term Financing for Small Multifamily Buildings  The Community…

11/14/14

23 Renovated Units at Bethany Place Available for Sandy-Impacted and Rent-Burdened Families New…

06/27/14

74-Unit Independence Square to Provide Both Workforce and Supportive Housing for Families and…

11/19/13

Chairperson and CEO of Grenadier Realty Corp. Felice Michetti elected as newest member…

10/11/13

71 Affordable Housing Units for Seniors, Homeless, and Disabled Veterans Poughkeepsie, NY, October…

08/26/13

IT Leader Will Serve as New Director of Information Technology New York, NY,…

06/5/13

Historic 367-room Buffalo Hotel Transformed into 115 Newly Developed Apartments Buffalo, NY, June…

05/1/13

NYS Housing and Community Renewal Veteran Will Serve as New Albany Regional Director…

03/12/13

Financing Represents One of Citi’s Largest One-Time Investments in Affordable Housing March 12,…

02/11/13

Robert Riggs, Seasoned CPC NYC Originator, will lead newly consolidated New York City…

01/9/13

Head of Wells Fargo Multifamily Capital Alan Wiener, Related Companies’ President Bruce A….

12/20/12

Fund Provides Low-Cost Loans to Restore Multi-family Buildings to Habitability Mayor Michael R….

10/14/12

Celebration of Development of 36 Units of Rental Housing supported by Long Island…

07/12/12

Madison Putnam Will Provide 48 Low-Income Bedford-Stuyvesant Families with New Affordable Homes Brooklyn,…

04/27/12

Miriam Kulnis Appointed Chief Risk Officer, Sadie McKeown Promoted to Chief Operating Officer,…

01/10/12

Career Leader in Affordable Housing in Both Public and Private Sectors Will Succeed…

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News

Filter by Year
01/31/17

The Times Union By Amanda Fries January 31, 2017 As efforts to connect…

01/31/17

Albany Business Review Jan 31, 2017 By Michael DeMasi Four empty, dilapidated buildings…

12/19/16

Multi-Housing News December 19, 2016 By Laura Calugar Syracuse, N.Y.—The historic 208,000-square-foot R.E….

12/13/16

The Post-Standard December 13, 2016 By Rick Moriarty Syracuse, N.Y. — A nearly…

11/28/16

Politico New York November 28, 2016 By Sally Goldenberg New York State’s retirement…

11/2/16

The Sallan Foundation November 2, 2016 by Elizabeth Derry If you’re like me…

10/31/16

GlobeSt.com OCTOBER 31, 2016 BY RAYNA KATZ NEW YORK CITY—The Community Preservation Corp….

10/28/16

Commercial Observer October 28, 2016 By Danielle Balbi A partnership between Goldman Sachs and…

10/28/16

New City Patch October 28, 2016 By Lanning Taliaferro $12 million mixed-use development…

10/28/16

Hudson Valley News Network October 28, 2016 By Kathy Welsh NEW ROCHELLE –…

10/6/16

Affordable Housing Finance October 6, 2016 By Christine Serlin The third phase of…

10/5/16

Eagle News October 5, 2016 by Ashley Casey Riverknoll III features 80 units…

09/26/16

Syracuse Post Standard September 26, 2016 By Rick Moriarty Syracuse, N.Y. — A contractor…

09/2/16

Crain’s New York September 2, 2016 by Rafael Cestero The governor’s offer promises…

08/28/16

Wall Street Journal August 28, 2016 By Emily Nonko The Community Preservation Corporation,…

08/24/16

Affordable Housing Finance August 24, 2016 People on the Move 8.24.16 The Community…

08/18/16

The Buffalo News August 18, 2016 By Jonathan D. Epstein | News Business Reporter…

08/16/16

Buffalo Rising August 16, 2016 Community Preservation Corporation (CPC) has opened an office…

08/5/16

Multi-Housing News August 5, 2016 by Dees Stribling When completed, the $15.9 million…

05/4/16

The Catholic Sun May 4, 2016 By Tom Maguire While excavation equipment hummed…

05/3/16

New York Real Estate Journal (NYREJ) May 3, 2016 By John Picard Albany,…

04/27/16

Buffalo News April 27, 2016 BY JONATHAN D. EPSTEIN Building Update is a…

04/9/16

Syracuse Post-Standard April 09, 2016 By Rick Moriarty Syracuse, N.Y. — A historic…

04/5/16

New York Real Estate Journal April 5, 2016 Buffalo, NY Owner/partners Frontier Development…

02/25/16

The Buffalo News February 25, 2016 By Jonathan D. Epstein | News Business…

02/18/16

Mixed-use building was a derelict warehouse The Buffalo News February 18, 2016 By…

02/18/16

Buffalo Business First Feb 18, 2016 By James Fink For years, the sprawling…

02/9/16

Community Preservation Corp. has cleaned up $900 million worth of bad loans Crain’s…

01/19/16

New Yorkers who fear the mayor’s proposal are afraid of change, but their…

01/7/16

Real Estate Weekly January 7, 2016 The Community Preservation Corporation (CPC) announced the…

12/31/15

Real Estate Weekly December 31, 2015 The Community Preservation Corporation (CPC) announced the…

12/22/15

Politico NY December 22, 2015 By Sally Goldenberg The Community Preservation Corporation has…

12/16/15

City & State December 16, 2015 By Sarina Trangle New York City Mayor…

12/16/15

NY1 December 16, 2015 By Grace Rauh Mayor Bill de Blasio’s signature affordable…

12/16/15

POLITICO New York December 16, 2015 By Sally Goldenberg Nearly 200 people filled…

12/8/15

WCAX.com December 8, 2015   By Rose Spillman Plattsburgh unveiled a brand new…

12/7/15

Multi-Housing News December 7, 2015   by Alex Lopez Brooklyn, N.Y.—Renovations have been…

12/4/15

Bronx News December 4, 2015   By Peter Milosheff The First Lady Of…

11/23/15

New York Post Letter to the Editor November 23, 2015 By Rafael E….

11/12/15

Multi-Housing News November 12, 2015 By Keith Loria The Community Preservation Corporation Inc.,…

11/10/15

New York Real Estate Journal November 10, 2015   The Community Preservation Corporation,…

11/4/15

Real Estate Weekly November 4, 2015   The Community Preservation Corporation, Inc. (CPC),…

10/19/15

Genesee Valley Penny Saver October 19, 2015   DePaul joined with city, state,…

10/13/15

Affordable Housing Finance October 13, 2015   The Community Preservation Corp. (CPC) announced…

10/13/15

New York Real Estate Journal October 13, 2015   Rochester, NY The Community…

09/30/15

Real Estate Weekly September 30, 2015   One of Mayor Bill de Blasio’s…

09/22/15

Observer September 22, 2015   By Morgan Halberg Landing Road Residence, the inaugural…

09/18/15

Real Estate Weekly    September 18, 2015   The Community Preservation Corporation (CPC) announced…

09/9/15

Politico New York September 9, 2015   By Sally Goldenberg Former Lt. Gov….

08/28/15

DNAinfo August 28, 2015   If you own a multi-family home, the city…

07/14/15

Affordable Housing Finance July 14, 2015 CPC Announces Key Moves The Community Preservation…

07/14/15

New York Real Estate Journal July 14, 2015 Newburgh, NY State and local…

07/14/15

New York Real Estate Journal July 14, 2015 The Community Preservation Corp., Inc….

06/30/15

Multi-Housing News New York–The Community Preservation Corporation, Inc. (CPC), a not-for-profit affordable housing…

06/24/15

Westchester County Business Journal June 24, 2015 A private developer was joined by…

06/4/15

Real Estate Weekly June 3, 2015   Public and private partners have funded…

06/1/15

BisNow June 1, 2015 The 421a tax abatement will be a hot topic…

05/20/15

Watertown Daily Times May 20, 2015 Several redevelopment projects are breathing new life…

05/6/15

Real Estate Weekly May 6, 2015   The Community Preservation Corporation, Inc. (CPC)…

04/24/15

Multi-Housing News April 21, 2015 Poughkeepsie, N.Y.—Highridge Gardens, a new housing development at…

03/30/15

City & State March 30, 2015   Corporate Social Responsibility is undoubtedly one…

02/12/15

The New York Times February 10, 2015 Room for Debate; Does Helping Condo…

01/13/15

New York Real Estate Journal January 13-26, 2015 Rochester, NY DePaul joined with…

01/12/15

National Mortgage News January 12, 2015 Freddie Mac is poised to add three…

12/8/14

Multi-Housing News December 8, 2014 Rochester, N.Y.—The Carriage Factory Apartments, created by the…

11/11/14

NYREJ November 11 – 24, 2014 Greece, NY Long Pond Senior Housing is…

11/10/14

Rochester Business Journal November 10, 2014 Rochester, NY Work has begun on the…

10/16/14

BisNow October 15, 2014 The agencies that shape NYC’s housing policy are doing…

09/22/14

New York Real Estate Journal September 22, 2014 Cohoes, NY According to governor…

08/29/14

Democrat & Chronicle August 29, 2014Rochester’s downtown will benefit from a huge statewide…

08/4/14

Crain’s New York Business August 4, 2014 The nonprofit’s CEO redirects attention and…

07/31/14

New York Times July 30, 2014 Mayor Bill de Blasio on Wednesday announced…

07/31/14

Wall Street Journal July 30, 2014 Longtime affordable-housing lender Community Preservation Corp. is…

07/31/14

Crain’s New York Business July 30, 2014 Mayor Bill de Blasio announced a…

07/15/14

New York Real Estate Journal July 15, 2014   Newburgh, NY State and…

07/7/14

The Wall Street Journal June 20, 2014 Parkchester, the large apartment complex in…

07/1/14

Globe St. July 1, 2014   Daniel Brandt, former executive director of Capstone…

05/28/14

The Central New York Business Journal May 28, 2014 The Community Preservation Corp.,…

05/11/14

Business Insider May 11, 2014 On Monday, New York City Mayor Bill de…

05/6/14

The Daily News May 5, 2014 The plan, known as Housing New York,…

04/18/14

Multi-Housing News April 18, 2014 The New York State Common Retirement Fund (CRF)…

04/18/14

Albany Business Journal April 18, 2014 The Community Preservation Corp., a nonprofit mortgage…

04/8/14

New York Real Estate Journal April 8 – 21, 2014 On April 17,…

02/7/14

The Wall Street Journal February 7, 2014 A powerful group of state Democrats…

01/17/14

New York Real Estate Journal January 14 – 27, 2014 Rotterdam, NY The…

01/9/14

Affordable Housing Finance January 8, 2014 Gov. Andrew Cuomo has continued his push…

01/8/14

PENN YAN — Birkett Landing, the upscale apartment development on Water Street, received…

12/30/13

Bloomberg Businessweek December 30, 2013 Mayor-elect Bill de Blasio’s plan to pump $1…

11/20/13

Crain’s New York Business November 20, 2013 The first phase of the project,…

11/20/13

MHN Online November 20, 2013 New York—The Community Preservation Corporation (CPC), a mortgage…

11/3/13

Crain’s New York Business November 3, 2013 Four Steps the Next Chief Executive…

10/21/13

The Daily Voice October 21, 2013   MOUNT VERNON, N.Y. – In their…

09/27/13

The Daily News September 27, 2013   A Bronx apartment building considered the…

09/23/13

Hudson Valley Reporter September 22, 2013 POUGHKEEPSIE, N.Y. – A Dutchess County developer…

09/3/13

New York Nonprofit Press September 3, 2013 Christopher C. Banino has joined The…

08/27/13

New York Real Estate Journal August 27, 2013 New York, NY Community Preservation…

07/30/13

New York Real Estate Journal July 30, 2013 Middletown, NY New York State…

07/22/13

Bisnow July 22, 2013 Condos are all the rage in Manhattan, but our…

07/16/13

New York Real Estate Journal July 16, 2013 Buffalo, NY The Community Preservation…

07/2/13

Multi-Housing News July 2, 2013 New York—Developer CPC Resources Inc. has joined forces…

06/12/13

The New York Real Estate Journal June 11 – 24, 2013 Name: Sadie…

06/10/13

The Syracuse Post-Standard June 10, 2013 The Community Preservation Corp. has closed on…

05/31/13

MHN Online May 31, 2013 Middletown, N.Y.—New York State Homes & Community Renewal…

05/7/13

Multi-Housing News May 7, 2013 Woodstock, N.Y.—Rural Ulster Preservation Company (RUPC) has developed…

05/2/13

Multi-Housing News May 2, 2013 The Community Preservation Corporation (CPC), a non-profit lender…

04/26/13

Multi-Housing News April 26, 2013 New Windsor, N.Y.—A new seniors housing community called…

04/24/13

Real Estate Weekly April 24, 2013 By  Andrew Padian, Vice President for Energy…

04/9/13

NY Real Estate Journal April 8, 2013 Mayor Thomas Richards joined with N.Y….

03/12/13

The Wall Street Journal March 12, 2013 Community Preservation Corp., which for decades…

03/12/13

The New York Real Estate Journal March 12, 2013 By Nicholas Petragnani, The…

02/26/13

The Poughkeepsie Journal February 21, 2013 Hudson River Housing has secured a $2.4…

02/11/13

NY Real Estate Journal February 8, 2013 New York, NY – The Community…

01/18/13

New York Real Estate Journal January 15 – 28, 2013 Syracuse, NY The…

01/9/13

Multi-Housing News January 8, 2013 New York—The Community Preservation Corporation (CPC), a non-profit…

12/21/12

New York Real Estate Journal December 21, 2012 New York, NY Mayor Michael …

12/11/12

The Post-Standard December 10, 2012 The Community Preservation Corp. has provided a $5.48…

10/29/12

Multi-Housing News October 29, 2012 Port Washington, N.Y.—A celebration was held October 16…

10/15/12

The Wall Street Journal October 15, 2012 Like dozens of small cities and…

10/4/12

The Brooklyn Daily Eagle October 2, 2012   Officials cut the ribbon on…

09/28/12

New York Real Estate Journal September 25, 2012 Wallkill, NY The Community Preservation…

09/11/12

New York Real Estate Journal September 11 – 17, 2012 Syracuse, NY Demolition…

08/30/12

MHNOnline August 30, 2012 Ballston Spa, N.Y.—The Community Preservation Corporation (CPC) has closed…

08/3/12

Multi-Housing News Online Aug. 3, 2012 Wallkill, N.Y.—The Community Preservation Corporation (CPC), a…

08/1/12

Hudson Valley Press August 1, 2012 WALLKILL – CPC, Jonah Mandelbaum & Occupations,…

07/23/12

New York Nonprofit Press July 16, 2012 The Community Preservation Corporation Resources (CPCR)…

07/17/12

New York Real Estate Journal July 17, 2012 Syracuse, NY The Preservation Association…

07/12/12

July 12, 2012 The Rochester Business Journal July 10, 2012 The Community Preservation…

05/22/12

May 22, 2012 The New York Real Estate Journal May 22, 2012 Buffalo,…

05/1/12

May 01, 2012 Multi-Housing News May 1, 2012 New York—The Community Preservation Corporation…

04/4/12

April 04, 2012 Real Estate Weekly March 28, 2012 By Andrew Giglio, Benchmarking…

03/22/12

March 22, 2012 Real Estate Weekly March 15, 2012 The Community Preservation Corporation…

03/12/12

March 12, 2012 In announcing the new push, Community Preservation Corp. names an…

02/28/12

New York Real Estate Journal February 28, 2012 Syracuse, NY – Continuing a…

01/13/12

January 13, 2012 Cityfeet.com January 13, 2012   Friday, January 13, 2012 – …

01/10/12

January 10, 2012 Career Leader in Affordable Housing in Both Public and Private…

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