Mortgage Lending

CPC Mortgage Company is a first-of-its-kind partnership of impact-driven, nonprofit mortgage lenders and investors. This innovative model leverages the unique expertise of its owners, with the shared goal of bringing flexible capital to communities to expand and preserve affordable and workforce housing.

We are the only nonprofit multifamily mortgage lender with multiple licenses with Freddie Mac, Fannie Mae, and HUD/FHA, allowing us to help you find the right product, rate, and terms to fit your financing needs.

We are proud to be the lender of choice for owners and operators who are executing their first Agency loan and need a trusted partner to provide assistance in navigating the complex

processes and requirements, as well as for established owners of large properties and portfolios who appreciate our personal service and ability to execute from application through closing.

CPC Mortgage Company brings together the deep lending experience, commitment to service and geographic reach of managing member The Community Preservation Corporation and partners Cinnaire and National Equity Fund. The result for customers is reliable execution from origination to closing.

You can feel good about doing business with us knowing that revenue generated from CPC Mortgage Company supports its mission-aligned members’ work to create a positive social impact through investments in housing and community development.

23 STATES

and Counting

77% AFFORDABLE

Units Financed

$3.5 BILLION

Dollars Invested and Growing

Multifamily Mortgage Products

CPC Mortgage Company financial services include a suite of mortgage financing options for multifamily properties, across refinance, acquisition, construction and bridge loan executions, as well as full mortgage servicing, for low, moderate and middle income communities.

We are a Freddie Mac Optigo lender, Fannie Mae lender, and Federal Housing Administration (FHA) Multifamily Accelerated Program (MAP) approved lender.


Affordable

Freddie Mac Targeted Affordable Housing (TAH)

9% LIHTC Cash Loan

Cash Loan for Affordable Housing Preservation

Bridge to Syndication

Bond Credit Enhancement

Non-LIHTC Forwards

Preservation Rehabilitation Financing

Tax-Exempt Loan

Fannie Mae

Multifamily Affordable Housing

Tax-Exempt Bond Credit Enhancement

Unfunded Forward Commitment

Federal Housing Administration

FHA 223(f)

FHA Section 221(d)(4)


Conventional

Freddie Mac Conventional Fixed Rate

FHA Section 223(f)

FHA Section 221(d)(4)


Small Loans

Fannie Mae Small Loan

FHA Section 223(f)

FHA Section 221(d)(4)

Recently Financed

  • Paseo Senter II

    100 tax credit units

    San Jose, California

    $7.4 Million

    Fannie Mae MTEB Forward Loan

    101

    Units

  • Riverbend at Capital, an affordable and workforce housing project in Battle Creek, Michigan, secured $8 million in permanent financing from CPC Mortgage Company.

    Transformation of former K-Mart site into LIHTC Apartment Community

    Riverbend at Capital is a to-be built 80-unit affordable and workforce housing community

    Battle Creek, Michigan

    $8 Million

    Freddie Mac 9% LIHTC Unfunded Forward

    80

    Units

  • Parkside Demby in Inkster, Michigan

    Parkside Demby

    Financing to Support the Rehabilitation of 315-unit complex

    Inkster, Michigan

    $42 Million

    Freddie Mac Unfunded Forward Tax-Exempt Loan

    315

    Units

  • River District

    100% affordable new construction

    Charlotte, NC

    87

    Units

  • Development of 16 Modular Homes w/ Former ACCESS Graduate

    The sponsor of this deal is a graduate of both the ACCESS Incubator 1.0 and 2.0 programs

    Amsterdam, NY

    $2.5 Million

    CPC Construction Loan

    16

    Units

  • McKenzie Falls

    Preservation and Rehabilitation of Illinois Property

    This financing will help ensure long-term affordability for residents of the property

    Boilingbrook, IL

    $10.5 Million

    Freddie Mac Preservation Rehab Loan

    106

    Units

  • Gut Rehabilitation of Affordable 12-Story Building

    All units will be available at or below 70% AMI

    Albany, NY

    $675,000

    CPC Straight-to-Permanent Loan with NYS HCR, NYS HHAP, and the City of Albany

    88

    Units

  • New Construction of Affordable, Energy-Efficient Development

    100% of units will be available at or below 70% AMI

    Corona, CA

    $14.4 Million

    Freddie Mac Unfunded Forward TEL

    115

    Units

  • Refinance of 11 Homes on Long Island

    20% of the units are rent and income restricted at or below 80% AMI

    Copiague, NY

    $2.8 Million

    Freddie Mac TAH

    11

    Units

  • Highview Estates

    Refinance

    Poughkeepsie, NY

    $3.5 Million

    Freddie Mac Conventional Loan

    139

    Units

What’s happening.

Find your local expert.

Get in touch with one of our experts to begin a conversation about your project.

  • Nicole Ferreira

    Nicole Ferreira

    Chief Business Officer

    Head of CPC Capital

  • Anthony Annunziato

    Director

    Originations

    [email protected]
  • Amy Cohen

    Director

    Transaction Manager

    [email protected]
  • David Galst

    Director

    Originations

    [email protected]
  • Rachel Grossman

    Rachel Grossman

    Senior Managing Director, Head of Permanent Mortgage Lending & Capital Solutions

    CPC Capital

  • Brendan McLaughlin

    Managing Director

    Affordable Programs & Originations

    [email protected]
  • Joseph Shocker

    Senior Director

    Transaction Manager

    [email protected]
  • Gregory Turner

    Director

    Transaction Manager

    [email protected]

Connect with CPC for flexible financing solutions

Your project runs better when we all work together.