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Press Releases
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The Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization…
Report by Former HUD Regional Administrator Holly Leicht Draws On Experience Overseeing $15.2…
CPC’s New Vice President Will Focus on Bringing Freddie Mac & FHA Permanent…
Brooklyn, NY, June 30, 2017 – Concern for Independent Living, a leading non-profit provider…
Borough President, Ruben Diaz, Jr. and representatives from the NYC Department of Housing…
(Monday, June 19, 2017) – Mayor Lovely A. Warren Joined Home Leasing, LLC…
Construction begins on third of seven planned residential properties by developer in downtown…
Governor Andrew M. Cuomo today announced the opening of Tapestry on the Hudson,…
The new guide helps lenders calculate potential savings of energy improvements and add…
60-Unit Housing Development Includes a Rooftop Terrace, Recreational and Commercial Space Investment Complements…
“With massive cuts proposed to federal programs that have historically sustained the affordable…
Freddie Mac’s Targeted Affordable Housing Product Brings Flexible Financing to the Market for…
All of the homes will undergo complete rehabilitations and be made available for…
The 25-unit new construction project is Habitat NYC’s second-largest development ever and will…
With the State’s final 2017-2018 budget due on April 1st, 2017, The Community…
“We mourn the loss of David Rockefeller, who passed away yesterday morning at…
Local Investment Complements ‘Central New York Rising’ – Region’s Successful Upstate Revitalization Initiative…
Loans Are CPC’s First Two Freddie Mac Small Balance Loan (SBL) Deals in…
Clarkstown Units Will Provide Affordable Housing to Low Income Seniors Authorizes Additional $10…
Gut-Rehab of 800-804 Broadway Will Create 15 Units of Housing, Restore Historic Buildings,…
“Today the Governor promised to send a bill to the State Legislature that…
Community Development Project Will Preserve the Historic Structure While Creating 92 Apartments and…
Funding Will Significantly Increase CPC’s Permanent Lending Capacity for Low- and Moderate-Income Multifamily…
“I’d like to thank Governor Cuomo for his leadership in breaking the stalemate…
Loan Facility Helps Developers Construct or Rehabilitate up to 350 Affordable Homes for…
$12 Million Mixed-Use Development Supports Transit-Oriented and Economic Development in Downtown New Rochelle…
Riverknoll at Radisson provides homes for 80 families and individuals with physical or…
September 14, 2016 “I want to thank Governor Cuomo for his ongoing leadership…
Agreement Adds Additional $140 Million to CPC’s Existing Revolving Construction Lending Facility 63…
Community Preservation Corporation Exceeds FY2016 Goals While Nearly Doubling Loan Volume and Increasing…
Michael DeWitt Joins CPC as Senior Vice President and Regional Director to Cultivate…
New Affordable Housing Development Brings 60 New Apartments to the Oneonta Community, Including…
A New Development at 260 West 153rd Street Provides 50 New Units of…
Managing Director of Acquisitions for Red Stone Equity Partners & Former Commissioner of…
72 New Affordable Apartments for Area Residents, Including Supportive Services for Tenants with…
Local Investment Complements “Central NY Rising” – Region’s Successful Upstate Revitalization Initiative Blueprint…
67 Units Will Be Built to Serve Low-Income and Formerly Homeless Residents Tapestry…
April 5, 2016, New York City, NY — The New York City Energy…
March 22, 2016 “In 1987, New York City issued its first Inclusionary Zoning…
New Apartments on Buffalo River to be completed in 2016 Frontier Development Initiatives…
Transformation of 500 Seneca Street Creates 98 Units of Workforce Housing, New Commercial…
With 68 Loans Closed In First Half of FY16, More Than Entire Previous…
“I applaud Governor Cuomo and his team for proposing an ambitious housing plan…
Faculty Director of Furman Center and Former Partner and Business Department co-Chair at…
Testimony of Rafael E. Cestero President & Chief Executive Officer The Community Preservation…
Part of Governor’s $1 Billion House NY Initiative, Homesteads on Ampersand is First…
The formerly vacant, small multifamily building has been rehabilitated into much-needed affordable housing…
Lynn’s Place is named in honor of Lynn Wonsang, founder and former Executive…
CPC’s First Eight SBL Loans Support Properties in Yonkers, New York City, Syracuse…
(Rochester, NY) – DePaul joined with city, state, public and private partners to…
State-of-the-Art Renovations to 100-Unit Mitchell-Lama Development Part of Governor Cuomo’s House New York…
Governor Andrew M. Cuomo today announced $20 million is available for the construction…
The former brownfield location at 92 West Tremont Avenue in the Bronx has…
Landing Road Residence is the City’s first HomeStretch development, a new hybrid model…
President and Chief Executive Officer of the Rochester Business Alliance recently elected as…
CPC poised for growth with loans from last fiscal year supporting a total…
President and Chief Executive Officer of the Rochester Business Alliance recently elected as…
One-on-One Financial and Technical Assistance for Small Multifamily Building Owners in East Harlem…
SVP Tom McGrath to Lead Upstate Growth; Elizabeth Propp Joins as SVP for…
The Mill at Middletown to provide 42 affordable homes, community space, and job…
Newly completed housing development in Poughkeepsie to provide workforce and supportive housing Poughkeepsie,…
New Offering Meets Gap in Long-Term Financing for Small Multifamily Buildings The Community…
23 Renovated Units at Bethany Place Available for Sandy-Impacted and Rent-Burdened Families New…
Financing from NYCRS, NYC HDC, Citi, Wells Fargo, Morgan Stanley and NYC’s leading…
74-Unit Independence Square to Provide Both Workforce and Supportive Housing for Families and…
Soundview Family Housing Will Provide 120 Affordable Units for Low-Income Families Bronx, NY,…
Chairperson and CEO of Grenadier Realty Corp. Felice Michetti elected as newest member…
Zion Court Apartments Features 28 Newly Renovated Apartments for Individuals and Families Mount…
71 Affordable Housing Units for Seniors, Homeless, and Disabled Veterans Poughkeepsie, NY, October…
City Helped Put the Bronx Building into Responsible Ownership and Finance Rehabilitation Keeping…
New $18 Million Catholic Charities Monsignor Anthony J. Barretta Apartments to Provide 64…
IT Leader Will Serve as New Director of Information Technology New York, NY,…
Brooklyn, NY, June 26, 2013 – CPC Resources, Inc. (CPCR), East Brooklyn Congregations…
Historic 367-room Buffalo Hotel Transformed into 115 Newly Developed Apartments Buffalo, NY, June…
Newly Constructed Woodstock Commons, Offers 53 State-of-the-Art Units and Is Eligible for LEED…
NYS Housing and Community Renewal Veteran Will Serve as New Albany Regional Director…
Newly Constructed Amber Grove Provides 84 Affordable Senior Apartments New Windsor, NY, April…
Financing Represents One of Citi’s Largest One-Time Investments in Affordable Housing March 12,…
Robert Riggs, Seasoned CPC NYC Originator, will lead newly consolidated New York City…
Head of Wells Fargo Multifamily Capital Alan Wiener, Related Companies’ President Bruce A….
Fund Provides Low-Cost Loans to Restore Multi-family Buildings to Habitability Mayor Michael R….
Cow Bay Apartments Features 88 Rehabilitated Affordable Housing Units in Port Washington Port…
Celebration of Development of 36 Units of Rental Housing supported by Long Island…
Madison Putnam Will Provide 48 Low-Income Bedford-Stuyvesant Families with New Affordable Homes Brooklyn,…
Miriam Kulnis Appointed Chief Risk Officer, Sadie McKeown Promoted to Chief Operating Officer,…
Pendell Commons Features 73 Newly Constructed Affordable Housing Rental Units for Seniors and…
This facility will allow for up to $70M in lending over the next…
Career Leader in Affordable Housing in Both Public and Private Sectors Will Succeed…
News
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City & State NY By Jarrett Murphy August 7, 2017 With its sky-high rents and…
New Jersey Business Journal By Mario Marroquin August 3, 2017 The Community Preservation…
New York Real Estate Journal July 4, 2017 Bronx, NY Borough president, Ruben Diaz,…
MultiFamily Executive Magazine By Bendix Anderson June 12, 2017 Sustainable development is becoming…
The New York Daily News Opinion by Rafael Cestero Wednesday, May 17, 2017…
Albany Times Union To the editor Friday, April 28, 2017 Albany deserves praise…
Gotham Gazette April 25, 2017 By Rafael E. Cestero For more than a…
Politico New York By Sally Goldenberg April 6, 2017 The most controversial part…
Queens Courier by Michael Gannon March 30, 2017 Habitat for Humanity New York…
Real Estate Weekly By Christian Brazil Bautista March 29, 2017 A partnership led…
Multi-Housing News by IvyLee Rosario March 29, 2017 The buildings will be designed…
The Hill By Rafael Cestero, Opinion Contributor March 28, 2017 The President has…
The Buffalo News By Jonathan Epstein March 24, 2017 Developers who want to…
Politico New York By Sally Goldenberg March 16, 2017 New York City’s housing…
WSYR – TV March 9, 2017 CORTLAND, N.Y. (WSYR-TV) – Gov. Andrew Cuomo…
The Hill By Rafael E. Cestero Opinion Contributor March 8, 2017 Congratulations to…
The Times Union By Amanda Fries January 31, 2017 As efforts to connect…
Albany Business Review Jan 31, 2017 By Michael DeMasi Four empty, dilapidated buildings…
Multi-Housing News December 19, 2016 By Laura Calugar Syracuse, N.Y.—The historic 208,000-square-foot R.E….
The Post-Standard December 13, 2016 By Rick Moriarty Syracuse, N.Y. — A nearly…
Politico New York November 28, 2016 By Sally Goldenberg New York State’s retirement…
The Sallan Foundation November 2, 2016 by Elizabeth Derry If you’re like me…
GlobeSt.com OCTOBER 31, 2016 BY RAYNA KATZ NEW YORK CITY—The Community Preservation Corp….
Commercial Observer October 28, 2016 By Danielle Balbi A partnership between Goldman Sachs and…
New City Patch October 28, 2016 By Lanning Taliaferro $12 million mixed-use development…
Hudson Valley News Network October 28, 2016 By Kathy Welsh NEW ROCHELLE –…
Affordable Housing Finance October 6, 2016 By Christine Serlin The third phase of…
Eagle News October 5, 2016 by Ashley Casey Riverknoll III features 80 units…
Syracuse Post Standard September 26, 2016 By Rick Moriarty Syracuse, N.Y. — A contractor…
New York Real Estate Journal September 20, 2016 New York, NY The Community…
Crain’s New York September 2, 2016 by Rafael Cestero The governor’s offer promises…
Wall Street Journal August 28, 2016 By Emily Nonko The Community Preservation Corporation,…
Affordable Housing Finance August 24, 2016 People on the Move 8.24.16 The Community…
The Buffalo News August 18, 2016 By Jonathan D. Epstein | News Business Reporter…
Buffalo Rising August 16, 2016 Community Preservation Corporation (CPC) has opened an office…
Multi-Housing News August 5, 2016 by Dees Stribling When completed, the $15.9 million…
The Catholic Sun May 4, 2016 By Tom Maguire While excavation equipment hummed…
New York Real Estate Journal (NYREJ) May 3, 2016 By John Picard Albany,…
Buffalo News April 27, 2016 BY JONATHAN D. EPSTEIN Building Update is a…
Syracuse Post-Standard April 09, 2016 By Rick Moriarty Syracuse, N.Y. — A historic…
New York Real Estate Journal April 5, 2016 Buffalo, NY Owner/partners Frontier Development…
The Buffalo News February 25, 2016 By Jonathan D. Epstein | News Business…
Mixed-use building was a derelict warehouse The Buffalo News February 18, 2016 By…
Buffalo Business First Feb 18, 2016 By James Fink For years, the sprawling…
Community Preservation Corp. has cleaned up $900 million worth of bad loans Crain’s…
New Yorkers who fear the mayor’s proposal are afraid of change, but their…
Real Estate Weekly January 7, 2016 The Community Preservation Corporation (CPC) announced the…
Real Estate Weekly December 31, 2015 The Community Preservation Corporation (CPC) announced the…
Politico NY December 22, 2015 By Sally Goldenberg The Community Preservation Corporation has…
City & State December 16, 2015 By Sarina Trangle New York City Mayor…
NY1 December 16, 2015 By Grace Rauh Mayor Bill de Blasio’s signature affordable…
POLITICO New York December 16, 2015 By Sally Goldenberg Nearly 200 people filled…
WCAX.com December 8, 2015 By Rose Spillman Plattsburgh unveiled a brand new…
Multi-Housing News December 7, 2015 by Alex Lopez Brooklyn, N.Y.—Renovations have been…
Bronx News December 4, 2015 By Peter Milosheff The First Lady Of…
New York Post Letter to the Editor November 23, 2015 By Rafael E….
Multi-Housing News November 12, 2015 By Keith Loria The Community Preservation Corporation Inc.,…
New York Real Estate Journal November 10, 2015 The Community Preservation Corporation,…
Real Estate Weekly November 4, 2015 The Community Preservation Corporation, Inc. (CPC),…
Genesee Valley Penny Saver October 19, 2015 DePaul joined with city, state,…
Affordable Housing Finance October 13, 2015 The Community Preservation Corp. (CPC) announced…
New York Real Estate Journal October 13, 2015 Rochester, NY The Community…
Real Estate Weekly September 30, 2015 One of Mayor Bill de Blasio’s…
Observer September 22, 2015 By Morgan Halberg Landing Road Residence, the inaugural…
Real Estate Weekly September 18, 2015 The Community Preservation Corporation (CPC) announced…
Politico New York September 9, 2015 By Sally Goldenberg Former Lt. Gov….
DNAinfo August 28, 2015 If you own a multi-family home, the city…
Affordable Housing Finance July 14, 2015 CPC Announces Key Moves The Community Preservation…
New York Real Estate Journal July 14, 2015 Newburgh, NY State and local…
New York Real Estate Journal July 14, 2015 The Community Preservation Corp., Inc….
Multi-Housing News New York–The Community Preservation Corporation, Inc. (CPC), a not-for-profit affordable housing…
Westchester County Business Journal June 24, 2015 A private developer was joined by…
Real Estate Weekly June 3, 2015 Public and private partners have funded…
BisNow June 1, 2015 The 421a tax abatement will be a hot topic…
Watertown Daily Times May 20, 2015 Several redevelopment projects are breathing new life…
Real Estate Weekly May 6, 2015 The Community Preservation Corporation, Inc. (CPC)…
Multi-Housing News April 21, 2015 Poughkeepsie, N.Y.—Highridge Gardens, a new housing development at…
City & State March 30, 2015 Corporate Social Responsibility is undoubtedly one…
City & State February 25, 2015 New York – Feb. 25, 2015 –…
The New York Times February 10, 2015 Room for Debate; Does Helping Condo…
New York Real Estate Journal January 13-26, 2015 Rochester, NY DePaul joined with…
National Mortgage News January 12, 2015 Freddie Mac is poised to add three…
Multi-Housing News December 8, 2014 Rochester, N.Y.—The Carriage Factory Apartments, created by the…
NYREJ November 11 – 24, 2014 Greece, NY Long Pond Senior Housing is…
Rochester Business Journal November 10, 2014 Rochester, NY Work has begun on the…
BisNow October 15, 2014 The agencies that shape NYC’s housing policy are doing…
New York Real Estate Journal September 22, 2014 Cohoes, NY According to governor…
Democrat & Chronicle August 29, 2014Rochester’s downtown will benefit from a huge statewide…
Crain’s New York Business August 4, 2014 The nonprofit’s CEO redirects attention and…
New York Times July 30, 2014 Mayor Bill de Blasio on Wednesday announced…
Wall Street Journal July 30, 2014 Longtime affordable-housing lender Community Preservation Corp. is…
Crain’s New York Business July 30, 2014 Mayor Bill de Blasio announced a…
New York Real Estate Journal July 15, 2014 Newburgh, NY State and…
The Wall Street Journal June 20, 2014 Parkchester, the large apartment complex in…
Globe St. July 1, 2014 Daniel Brandt, former executive director of Capstone…
The Central New York Business Journal May 28, 2014 The Community Preservation Corp.,…
Business Insider May 11, 2014 On Monday, New York City Mayor Bill de…
The Daily News May 5, 2014 The plan, known as Housing New York,…
Multi-Housing News April 18, 2014 The New York State Common Retirement Fund (CRF)…
Albany Business Journal April 18, 2014 The Community Preservation Corp., a nonprofit mortgage…
New York Real Estate Journal April 8 – 21, 2014 On April 17,…
The Wall Street Journal February 7, 2014 A powerful group of state Democrats…
New York Real Estate Journal January 14 – 27, 2014 Rotterdam, NY The…
Affordable Housing Finance January 8, 2014 Gov. Andrew Cuomo has continued his push…
PENN YAN — Birkett Landing, the upscale apartment development on Water Street, received…
Bloomberg Businessweek December 30, 2013 Mayor-elect Bill de Blasio’s plan to pump $1…
Crain’s New York Business November 20, 2013 The first phase of the project,…
MHN Online November 20, 2013 New York—The Community Preservation Corporation (CPC), a mortgage…
Crain’s New York Business November 3, 2013 Four Steps the Next Chief Executive…
The Daily Voice October 21, 2013 MOUNT VERNON, N.Y. – In their…
The Daily News September 27, 2013 A Bronx apartment building considered the…
Hudson Valley Reporter September 22, 2013 POUGHKEEPSIE, N.Y. – A Dutchess County developer…
New York Nonprofit Press September 3, 2013 Christopher C. Banino has joined The…
New York Real Estate Journal August 27, 2013 New York, NY Community Preservation…
New York Real Estate Journal July 30, 2013 Middletown, NY New York State…
Bisnow July 22, 2013 Condos are all the rage in Manhattan, but our…
New York Real Estate Journal July 16, 2013 Buffalo, NY The Community Preservation…
Multi-Housing News July 2, 2013 New York—Developer CPC Resources Inc. has joined forces…
The New York Real Estate Journal June 11 – 24, 2013 Name: Sadie…
The Syracuse Post-Standard June 10, 2013 The Community Preservation Corp. has closed on…
MHN Online May 31, 2013 Middletown, N.Y.—New York State Homes & Community Renewal…
Multi-Housing News May 7, 2013 Woodstock, N.Y.—Rural Ulster Preservation Company (RUPC) has developed…
Multi-Housing News May 2, 2013 The Community Preservation Corporation (CPC), a non-profit lender…
Multi-Housing News April 26, 2013 New Windsor, N.Y.—A new seniors housing community called…
Real Estate Weekly April 24, 2013 By Andrew Padian, Vice President for Energy…
NY Real Estate Journal April 8, 2013 Mayor Thomas Richards joined with N.Y….
The Wall Street Journal March 12, 2013 Community Preservation Corp., which for decades…
The New York Real Estate Journal March 12, 2013 By Nicholas Petragnani, The…
The Poughkeepsie Journal February 21, 2013 Hudson River Housing has secured a $2.4…
NY Real Estate Journal February 8, 2013 New York, NY – The Community…
New York Real Estate Journal January 15 – 28, 2013 Syracuse, NY The…
Multi-Housing News January 8, 2013 New York—The Community Preservation Corporation (CPC), a non-profit…
New York Real Estate Journal December 21, 2012 New York, NY Mayor Michael …
The Post-Standard December 10, 2012 The Community Preservation Corp. has provided a $5.48…
Multi-Housing News October 29, 2012 Port Washington, N.Y.—A celebration was held October 16…
The Wall Street Journal October 15, 2012 Like dozens of small cities and…
The Brooklyn Daily Eagle October 2, 2012 Officials cut the ribbon on…
New York Real Estate Journal September 25, 2012 Wallkill, NY The Community Preservation…
New York Real Estate Journal September 11 – 17, 2012 Syracuse, NY Demolition…
MHNOnline August 30, 2012 Ballston Spa, N.Y.—The Community Preservation Corporation (CPC) has closed…
Multi-Housing News Online Aug. 3, 2012 Wallkill, N.Y.—The Community Preservation Corporation (CPC), a…
Hudson Valley Press August 1, 2012 WALLKILL – CPC, Jonah Mandelbaum & Occupations,…
New York Nonprofit Press July 16, 2012 The Community Preservation Corporation Resources (CPCR)…
New York Real Estate Journal July 17, 2012 Syracuse, NY The Preservation Association…
July 12, 2012 The Rochester Business Journal July 10, 2012 The Community Preservation…
May 22, 2012 The New York Real Estate Journal May 22, 2012 Buffalo,…
May 01, 2012 Multi-Housing News May 1, 2012 New York—The Community Preservation Corporation…
April 04, 2012 Real Estate Weekly March 28, 2012 By Andrew Giglio, Benchmarking…
March 22, 2012 Real Estate Weekly March 15, 2012 The Community Preservation Corporation…
March 12, 2012 In announcing the new push, Community Preservation Corp. names an…
New York Real Estate Journal February 28, 2012 Syracuse, NY – Continuing a…
January 13, 2012 Cityfeet.com January 13, 2012 Friday, January 13, 2012 – …
January 10, 2012 Career Leader in Affordable Housing in Both Public and Private…
Training & Events
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On Friday, May 5th 2017 CPC hosted a Newburgh Main Street Summit –…
