Investing in housing to create more affordable, sustainable, and equitable communities.
As a national nonprofit lender and investor, we specialize in sustainable, affordable, and workforce housing finance, offering a full suite of construction and bridge financing solutions and permanent mortgage products. We are also an equity investor that is committed to the long-term stability and affordability of the properties under our stewardship.
We use our decades of unique expertise in housing finance and public policy to help expand access to affordable and workforce housing, close the wealth gap and address barriers to entry in the development industry, and expand investment in the green economy and lessen the impact of climate change in communities across America.
Mission-driven.
News
Governor Hochul Launches New $150 Million Housing Central New York Fund
Governor Hochul And Partners Announce Historic School In Schenectady Reimagined As Affordable Senior Housing
Community Preservation Corporation, NYS HCR Announce $12 Million Grant from Climate Friendly Homes Fund to Municipal Housing Authority for the City of Yonkers to Electrify Palisade Towers
CPC Delivers $7.5 Million for New Transit-Oriented Housing in Downtown Hicksville
Community Preservation Corporation Closes $3.17 Million Construction Loan for Redevelopment of Historic Main Street Property in Buffalo
Community Preservation Corporation Provides $4.5 Million Loan for Redevelopment of Former William Howard Taft School in Syracuse’s Eastwood Neighborhood
Governor Hochul Announces $215 Million Housing Acceleration Fund to Move Shovel-Ready Projects
Cesar Chavez Foundation Celebrates Opening of Chris Hartmire Plaza, a New Affordable Housing Community Linking Housing, Health, and Hope to Address Critical Need in Pomona
CPC Mortgage Company Secures $16.4 Million of Permanent Financing for Taking Shape B1, Launching First Phase of Madison’s Triangle Redevelopment
CPC Awards $177K Grant to Electrify East Village Apartment Building Through NYS Climate Friendly Homes Fund
CPC, NYC Housing Preservation and Development, Shelter Rock Builders, and Local Elected Officials Celebrate New Affordable Homes in Bedford-Stuyvesant
The Community Preservation Corporation Adds Three Industry Leaders to Its Board of Directors
The Community Preservation Corporation, Langdon Park Capital, Standard Real Estate Investments Acquire 84-Unit Multifamily Community in Azusa, California
Governor Hochul and Partners Announce Completion of $24 Million 53-Unit Affordable Housing Development in Seneca Falls
CPC Mortgage Company and Pennrose Holdings Announce $6.8 Million for Fourth Phase of Mixed-Income Affordable Development in Wilmington, DE
Community Preservation Corporation Awards $2 Million in Grant Funding to Electrify Mixed-Income Apartment Community in Cohoes, NY
Amun Ra, CEO of AHR Development, and CPC’s ACCESS Initiative Celebrate Opening of Rehabilitated Affordable Homes in Buffalo’s East Side
DC Green Bank, The Community Preservation Corporation, American Housing, Amazon, and J.P. Morgan Announce $26.7 Million in Financing for Energy-Efficient Affordable Housing in Ward 3
Elmcor and Partners Announce Groundbreaking of $51.5 Million Affordable Housing Development in Sunnyside
HCR and Partners Announce Start of Construction on 56-Unit Affordable Housing Development in Greene County
HCR and Partners Announce Start of Construction on 54 Affordable Homes in Rochester
Jericho Project and Partners Celebrate Opening of 1840 Anthony Avenue Offering Supportive Housing to New Yorkers
Dutchess County, James Patterson, Community Preservation Corporation, Celebrate Completion of New Affordable Development Supported by Housing Trust Fund
The Community Preservation Corporation and REO Holdings Carthage LLC Close on $10.8 Million in Construction Financing for Rehabilitation of Tichner and Jacobi Building in Downtown Rochester
Governor Hochul and Partners Announce Completion of 53 Affordable and Supportive Homes in Rochester
Tesatura Capital, Ellavoz Impact Capital, The Community Preservation Corporation Announce Acquisition of Two Affordable Multifamily Properties in North Charleston
Governor Hochul and Partners Announce Completion of 72-Unit Affordable Housing Development in Brooklyn
The Community Preservation Corporation Adds Two Industry Leaders to Its Board of Directors
One Dromore Apartments in Scarsdale Will Provide Affordable Homes for Families in Thriving Community Close to Retail and Employment
The Community Preservation Corporation Received $60,000 Grant from U.S. Bancorp Impact Finance to Increase Opportunities in Real Estate Development
Community Preservation Corporation Awards $567,000 in Grant Funding for Electrification of Independent Living Community in West Henrietta, NY
Development Partners Announce the Grand Opening and Transformation of the Monroe Building in Buffalo, NY
The Community Preservation Corporation Raises $200 Million Through Private Sustainability Bond Sale
Empire State Development and MHV Development Break Ground on Mid-Hudson Momentum-Funded $26.2 Million Mixed-Use, Mixed-Income Barrel Factory Apartments in Kingston
New York City Launches New Pilot Program to Accelerate Affordable Housing Rehabilitation: Capital Partnership for Affordable Renovation
Mayor Cinquanti, AIK Property Group, Community Preservation Corporation, New York State HCR, Capital Region Land Bank, and BCNI Celebrate Ribbon-Cutting on the Completion of Second Home In The Legacy City Access Program In Amsterdam, NY
Community Preservation Corporation Awards $2.7 Million in Grant Funding for Electrification of 107-Unit Project in Middletown, NY
Governor Hochul Announces Completion of $48 Million, 40-Unit Affordable Housing Complex for Seniors in Rochester
Conifer Station 25 Ribbon Cutting Marks New Era of Affordable Housing in Albany
The Community Preservation Corporation Invests $640 Million to Create and Stabilize 5,300 Homes for 13,000 People in Fiscal Year 2024
Governor Hochul and Partners Announce Ribbon Cutting for Eckhardts in East Buffalo
Sierra Murray, Community Preservation Corporation and Local Officials Celebrate Ribbon Cutting at Sheridan Hollow Affordable Apartments in Albany, NY
Inwood Property Development, Community Preservation Corporation, and New York State Homes and Community Renewal Celebrate Groundbreaking of 48-Unit Affordable Housing Development in The Nassau County Town of Hempstead
NYCHA and PACT Partner Team Announce Completion of $383 Million in Renovations to 16 Manhattan Developments
The Community Preservation Corporation Closes Equity Investments Totaling $3.65 Million for the Acquisition of Multifamily Properties in D.C. and Maryland
NYC Comptroller Lander, Mayor Adams, Public Advocate Williams, NYCERS Pension Trustees, and Partners Celebrate $60 Million Investment in Loan Portfolio That Will Preserve Nearly 35,000 Rental Units
The Community Preservation Corporation Closes $4.8 Million Equity Investment to Acquire and Preserve Affordable Housing Community In North Carolina
Kingston City Land Bank, Maeda Construction, CPC, State of New York, and Partners Announce Completion Of Legacy Cities Access Project
Climate United Awarded $6.97 Billion Grant From National Clean Investment Fund
Governor Hochul Announces Start of Construction On 76-Unit Mixed-Use Development in Downtown Rochester
Community Preservation Corporation Closes First Housing Project Utilizing New $25 Million Community Decarbonization Fund
Mayor Adams Announces $50 Million Initiative to Reduce Barriers and Support Minority-Owned Developers and Build More Affordable Housing
The Community Preservation Corporation Closes On Transaction With FDIC To Service Signature Bank’s Rent-Stabilized Loan Portfolio
Governor Hochul Announces Completion of 42-Unit Affordable Housing Development In Ithaca
MacKenzie Scott’s ‘Yield Giving’ Donates $15 Million To The Community Preservation Corporation
The Community Preservation Corporation, Paulus Development, LeChase Construction Services, JPMorgan Chase, and Partners Celebrate Ribbon Cutting of $40 Million Transformation of Former Endicott-Johnson “Victory” Shoe Factory
Climate United Submits Bid to Manage Part of EPA’s$14 Billion National Clean Investment Fund
Governor Hochul, Cederland Development, CPC and Partners Celebrate Groundbreaking of 950 Broadway in Buffalo
The Kingston City Land Bank, CPC And Partners Announce First Home Sales Planned Under New York’s Rehabilitation Construction Financing Program For Affordable Homeownership
Hudson Partner, CPC, Enterprise And Partners Celebrate Opening Of The Reserve at Towpath Trail in Schenectady
Governor Hochul Announces Start of Construction on $34 Million Affordable Housing Development In Brooklyn
New York State Homes and Community Renewal Announces Completion of $22 Million Affordable Development in Westchester County
Climate United issues statements on the formal launch of National Clean Investment Fund selection process
Cesar Chavez Foundation, Partners Break Ground on High-Quality Affordable Housing Community in Pomona, California
Mayor Cinquanti, AIK Property Group, New York State HCR, CPC, And Capital Region Land Bank Announce New Affordable Homeownership Project In Amsterdam
Leading sustainable energy and community finance organizations join forces to pursue National Clean Investment Fund mandate
HCR Commissioner Visnauskas, BCNI, CPC, and Enterprise Announce Completion of $1.4 Million Affordable Housing Development in Schenectady
Governor Hochul Announces Opening of Two Affordable Housing Developments in Montgomery County
Leviticus Honors Sadie McKeown, President of The Community Preservation Corporation, with Cornerstone Award
CPC and Esusu Partner to Empower Renters to Build Credit and Achieve Financial Stability Through On-Time Rent Reporting
Nicole Ferreira Announced as New President of CPC Mortgage Company, Nation’s Only Nonprofit-Owned Agency Mortgage Lender
Statement by Rafael E. Cestero on Mayor Adams’ Appointment of Jimmy Oddo as NYC Department of Buildings Commissioner
Statement by CPC President Sadie McKeown on U.S. EPA Greenhouse Gas Reduction Fund Implementation Framework
The Community Preservation Corporation Adds Three Industry Leaders To Its Board of Directors
New York State Homes And Community Renewal And Community Preservation Corporation Announce Applications Now Open For $250 Million Climate Friendly Homes Fund
Community Preservation Corporation, Proto Property Services Close $100 Million Refi of Brooklyn Affordable Housing Complex
The Community Preservation Corporation Invests $5 Million into Visionary SHIFT Catalyst Fund
Statement by CPC’s CEO Rafael E. Cestero on the Adams Administration’s “Get Stuff Built” Plan
Governor Hochul, Xenolith, CPC And Partners Announce Start Of Construction On $50 Million Affordable And Supportive Housing Development In Brownsville
Community Preservation Corporation and TruFund Financial Services Close on Equity Investment with Infinite Horizons, Real Estate Development Company
Governor Hochul, CPC And Partners Announce Affordable Homeownership Project Now Underway In Kingston
CPC will Administer Climate Friendly Homes Fund to Help Increase Building Electrification and Reduce Carbon Emissions
Governor Hochul Announces Completion Of $26 Million Affordable Housing Development In Oswego
The Community Preservation Corporation Invests Over $1 Billion in Housing and Community Development Nationwide
Valley Bank and The Community Preservation Corporation Commit Up to $100 Million to Finance ESG Loans Focused on Sustainability
Monique Jefferson Joins The Community Preservation Corporation as Chief People Officer
Governor Hochul Announces Completion of $16 Million Affordable Housing Development In Monroe County
CPC Adds National Equity Fund, Cinnaire As Partners In CPC Mortgage Company To Form Industry’s Only Impact-Driven Multifamily Mortgage Lender
Attorney General James and Commissioner Visnauskas Preserve Affordable Housing in Rockland County
Governor Hochul Announces Completion of $17 Million Housing Development in Onondaga County
Scenic Beacon Developments, CPC, Mayor Kyriacou Break Ground on $50 Million Edgewater Project, Largest Rental Property Developed In Beacon In Decades
Community Preservation Corporation Launches New Philanthropic Program With $500,000 in Grant Funding to 10 Nonprofit Organizations
CPC Mortgage Company Closes $105 Million Transaction with Ginosko Development Company, L+M Development Partners to Acquire and Preserve 1,370-Unit Affordable Housing Portfolio in Michigan
Community Preservation Corporation Celebrates First Class of BIPOC Entrepreneurs to Graduate from Real Estate Development Training Program
Governor Hochul Announces Completion of $21.7 Million Affordable and Supportive Housing Development in Ithaca
Governor Hochul Announces Completion of $23 Million Affordable Housing Development in Poughkeepsie
CPC Mortgage Company and BRIDGE Housing Close On $19.4 Million Refi to Preserve 125 Units of Affordable Senior Housing In South San Francisco
CPC Adds $20 Million to ACCESS Initiative, Bringing Total to $40 Million to Educate, Advocate, and Invest in BIPOC Entrepreneurs in Real Estate Development
The Community Preservation Corporation Reaffirms “AA-” S&P Global Rating
Governor Hochul Announces Completion Of $21 Million Affordable Housing Development In Monroe County
The Community Preservation Corporation and Syracuse Family Announce Rehabilitation of Long-Vacant Building In Syracuse
Elmcor, HPD, CPC, and Elected Officials Break Ground On Supportive Affordable Housing Development In Corona, Queens
Paulus Development, LeChase Construction Services, The Community Preservation Corporation, JPMorgan Chase, and Partners Celebrate Groundbreaking of $40 Million Transformation of Former Endicott-Johnson “Victory” Shoe Factory
Tell Metzger Announced as New Senior Vice President, Equity Investments at The Community Preservation Corporation
Statement on NYC Mayor Eric Adams’ Appointment of Jessica Katz as Chief Housing Officer & Adolfo Carrion as HPD Commissioner
Partnership Closes Transaction to Preserve Affordable Housing Portfolio of 10 Properties Totaling More than 1,000 Units
Sadie McKeown Announced as New President of The Community Preservation Corporation
Mayor Rolison, The Community Preservation Corporation, and Hudson Valley Family Celebrate Opening of Upstream Café in Long-Vacant Mixed-Use Building In Poughkeepsie
Statement on Governor Hochul’s First State of the State Address from Rafael E. Cestero, President & CEO, The Community Preservation Corporation
Governor Hochul Announces Expanded Effort To Eliminate Neighborhood Blight, Increase Homeownership Across New York
HACA subsidiary, Austin Affordable Housing Corp., partners with the CDT and CPC Mortgage Company to unlock affordable housing in Northwest Austin
Jericho Project, HPD, CPC Launch Bronx Renovation to House Young LGBTQI Adults
Statement on the Build Back Better Framework from Rafael E. Cestero, President and CEO, The Community Preservation Corporation
The Community Preservation Corporation and TruFund Financial Services, Inc. Launch $6 Million Joint Venture to Empower New York State BIPOC Housing Developers
The Community Preservation Corporation Releases Position Paper focused on Real Solutions for NYCHA’s Problems
CPC Mortgage Company and Launch Development Close on $57 Million Loan to Refinance 291-Unit Apartment Complex in Overland Park, Kansas
CPC Mortgage Company and Mission DG Close on $30 Million Construction Loan for Mixed-Income Apartment Complex in San Marcos, TX
HPD, Council Member Barron, SRBuild, CPC and Goldman Sachs Asset Management Announce Completion of Affordable Homeownership Project in Brooklyn
Hudson Partners Development, Enterprise Community Partners, The Community Preservation Corporation Announce Start of Construction on 88-Unit Workforce Housing Development in Schenectady
HPD Joins Council Member Cornegy, SRBuild and The Community Preservation Corporation to Break Ground on Affordable Homeownership Project in Bedford Stuyvesant
The Community Preservation Corporation, REI REI LLC, Mayor MacKerchar and Partners Celebrate Ribbon Cutting of Liberty Street Lofts in Penn Yan
CPC Deploys Nearly $940 Million To Support Housing and Community Development In Biggest Year for 47-Year Old Nonprofit Finance Company
Natalie Dumont and Charles Knighton Join CPC Mortgage Company as Assistant Vice Presidents
New York State Homes and Community Renewal, DePaul, CPC and Partners Announce Groundbreaking of $21 Million Affordable Housing Development in Amsterdam
New York State Homes and Community Renewal, Regan Development, CPC and Partners Celebrate Completion Of $19 Million Affordable And Supportive Housing In Glens Falls
The Community Preservation Corporation and Hudson Valley Family Close On $465,000 In Financing to Transform Long-Vacant Mixed-Use Building In Poughkeepsie
Sadie McKeown Appointed to New York State Housing Financing Agency (HFA) and New York State Energy Research and Development Authority (NYSERDA) Boards
CPC Mortgage Company Provides $77.6 Million of Refinancing For Ares Management’s Apartment Complex in Elmsford, NY
Governor Cuomo Announces Construction of $21 Million Affordable Housing Development in Monroe County
Governor Cuomo Announces Start Of Construction On Two Housing Developments That Will Offer 159 Affordable Homes In Monroe County
Governor Cuomo Announces New $25 Million Legacy Cities Initiative To Eliminate Blight In Upstate New York
CPC’s ACCESS Initiative and Local Couple Announce Acquisition of 33-Unit Building in Rochester, NY
CPC Mortgage Company and Landmark TC Management Close on $14.7 Million to Refinance Affordable Housing Portfolio in Texas and New Mexico
Dietz Street Lofts Will Provide 64 Mixed-Income Apartments for Families and Artists in Oneonta’s Downtown Revitalization Initiative Area
CPC, New York State Homes and Community Renewal, Beacon Communities, and Troy Housing Authority Announce Completion of $14.7 Million Second Phase of Redevelopment of Martin Luther King Apartments in Troy
New York State Homes and Community Renewal, The Community Preservation Corporation, and Albany Clinton Redevelopment LLC Announce Construction is Underway on $5.3 Million Rehabilitation of Nine Small Rental Buildings in Albany
East Harlem El Barrio Community Land Trust, the City of New York and Partners Announce $13M Deal to Transform of 4 City-Owned Buildings in East and Central Harlem into Affordable Apartments
The Community Preservation Corporation and NYSERDA Announce Successful Inaugural Carbon Neutral Summit
The Community Preservation Corporation and REI REI LLC Announce $1.5 Million in Financing for 8-Unit Rental Building in the Finger Lakes Region
CPC Mortgage Company Delivers $2.3 Million in Freddie Mac Financing to Acquire 32-Unit, Multifamily Property in Charleston, South Carolina
The Community Preservation Corporation and Development Unlimited of WNY Announce $1.675 Million for New Mixed-Use Affordable Housing Development in Tonawanda, NY
$271 Million Renovation And Revitalization Program To Begin At 16 Manhattan NYCHA Developments
The Community Preservation Corporation Expands Commitment to Serving Small Multifamily Buildings
The Community Preservation Corporation Achieves Carbon Neutral Operations
Baxter Breaks Ground with Construction on The Academy Development
CPC Mortgage Company Delivers $8.6 Million to Refinance 66-Unit Multifamily Property in LA County
Governor Cuomo Announces Opening of Frances II Apartments in Monroe County
CPC Announces $20 Million ACCESS Initiative to Empower Minority Real Estate Entrepreneurs and Invest in Communities of Color
CPC Mortgage Company, Proto Property Services, CDT Announce $48 Million to Refinance and Preserve 360 Units of Affordable Housing in Brooklyn, NY
CPC and Finning Properties Announce $13 Million in Freddie Mac Financing for Two Multifamily Properties in New York’s Capital Region
CPC Announces $10.2 Million to Refinance and Preserve Affordable Housing in Harrisburg, Pennsylvania
Empire State Development and Homes and Community Renewal Detail More than $100 Million Available Through New York Forward Loan Fund Announced Today By Governor Cuomo
CPC Mortgage Company Closes $3.9 Million in Freddie Mac Financing to Refinance Multifamily Property in Brooklyn, NY
CPC Mortgage Company Announces $1.28 Million to Refinance Affordable, Senior Housing in Niagara Falls, New York
Community Preservation Corporation Announces Plan To Go Carbon Neutral
The Community Preservation Corporation Raises $150 Million in Inaugural Public Offering of Sustainability Bonds
CPC Mortgage Company, Palladium Management and Westhab Announce $9 Million in Freddie Mac Financing for Transitional Supportive Housing in New Rochelle, New York
Ribbon Cutting Celebrates $25 Million Transformation of Ansco Camera Factory in Binghamton, New York
CPC and L+M Close On $33 Million to Refinance and Preserve 386 Units of Affordable Housing in the Hudson Valley
The Community Preservation Corporation Closes First Two Affordable Housing Projects Through State’s New Small Building Participation Loan Program
The Community Preservation Corporation Earns “AA-” Rating from S&P Global
John Cannon Joins The Community Preservation Corporation As President Of Agency Lending
CPC Raises Over $700 Million To Invest In Workforce And Affordable Housing
Governor Cuomo Announces Completion of Affordable Housing Development in Southampton
Governor Cuomo Announces Completion Of Affordable Housing Development In Southampton, Long Island
Governor Cuomo Announces Completion of $12 Million Affordable Housing Development in Rochester
HPD, Settlement Housing Fund, Community Preservation Corporation Announce the First Non-Profit Acquisition Through City’s Neighborhood Pillars Downpayment Assistance Fund
Governor Directs $10 Million to Fully Renovate and Repair Troubled Rochester Properties
Comptroller DiNapoli, Mayor Palmieri, Doyle Hardware Building LLC, CPC & Empire State Development Celebrate Revitalization of Historic Doyle Hardware Building in Downtown Utica
More than 2,900 NYCHA Residents Across 16 Manhattan Developments Slated for Comprehensive Repairs and Renovations
CPC Mortgage Company Closes $2.44 Million Deal to Refinance Multifamily Property in Buffalo, NY
Mayor Walsh, CPC, Development Partners, ESD Celebrate Ribbon Cutting of $4.2 Million Revitalization of Downtown Syracuse Buildings
CPC, Project FIND, JOE NYC, HPD Announce $6 Million in Financing to Preserve Permanent Affordable Housing for Low-Income Seniors
New York State Homes And Community Renewal Announces Completion Of New $10 Million Affordable Housing Development In Richmondville
Statement of CPC President & CEO Rafael E. Cestero on Appointment of Louise Carroll as HPD Commissioner
Governor Cuomo Announces Opening of $28 Million Mixed-Use Housing Development In Peekskill
City Joins CPC, Xenolith Partners, DP Group to Break Ground on Deeply Affordable Housing in the Bronx
CPC Mortgage Company LLC Delivers $9.6 Million FHA Loan to Refinance Two Rent Stabilized Properties in East Harlem
CPC Mortgage Company Delivers $5 Million to Refinance Multifamily Building in Philadelphia
CPC Launches CPC Mortgage Company LLC, a One-Stop-Shop Specializing in Agency Lending
Governor Cuomo Announces Opening of $21.6 Million Affordable Housing Development for Seniors In Town of Webster
NCV Capital Partners, Lemor Development Group, Mount Hope & CPC Close $100 Million Deal to Preserve 515 Units of Affordable Housing in the Bronx
De Blasio Administration Launches Neighborhood Pillars Program to Protect Tenants and Preserve Affordability
Governor Cuomo Announces Groundbreaking of $17.3 Million Affordable Housing Development in Town of Lansing
Governor’s Office of Storm Recovery Announces Opening of $2.9 Million Mixed-Use Affordable Housing Development in Owego
CPC’s New Interactive ‘Green’ Calculator Shows Building Owners Potential Cost Savings from Energy Upgrades
CPC Closes $100 Million Freddie Mac SBL Portfolio in New York City
The Community Preservation Corporation Launches Financing Guide for Small Multifamily Building Projects
The Community Preservation Corporation Celebrates $10 Billion Invested in Communities Since 1974
Community Preservation Corporation Approved as Fannie Mae Multifamily Special Affordable Lender
CPC, Cardinal Court Apartments LLC and Partners Celebrate Transformation of Vacant Buildings into New Housing and Retail Space in Poughkeepsie
Nonprofit Rochester Management, City of Rochester and CPC Celebrate $4.5 Million Revitalization of Affordable Housing Community Chatham Gardens
Housing Visions, David Yaman Realty Services, CPC and Partners Celebrate Ribbon Cutting of $17M Adaptive Reuse of Crescent Commons Apartments
Paulus Development, Hueber-Breuer Construction, CPC, Empire State Development, Assemblywoman Lupardo, Broome County Executive Garnar, and Mayor David, Break Ground on $25 Million Transformation of Ansco Camera Factory
CPC Deploys $12 Million to Four New Jersey Properties
CPC Delivers $2 Million to Refinance Multifamily Building in Philadelphia
CPC Deploys Record $840 Million in Capital in Fiscal Year 2018
Rehabilitation Project Restores Broadway Buildings and Brings 15 New Apartments to Albany’s Warehouse District
Governor Cuomo Announces Groundbreaking For $12 Million Affordable Apartment Building In Rochester
HPD Joins Council Member Barron, Shelter Rock Builders, CPC and Goldman Sachs to Break Ground on Affordable Homeownership Project in East New York
Steven J. Weiss Joins The Community Preservation Corporation’s Board of Directors
New York State, Baldwin Development, CPC & Partners Celebrate Groundbreaking for $20 Million Affordable Housing Project in Canandaigua
New York State, Warwick Properties, ACCESS: Supports for Living, CPC, And Partners Dedicate Affordable & Supportive Housing in Middletown
CPC, HCR, and Housing Visions Announce Start of Construction for $10 Million Affordable Housing Development in Richmondville
De Blasio Administration Joins the Bowery Residents’ Committee in Celebration of First HomeStretch Program Development
Officials Celebrate Groundbreaking Ceremony for First LGBT-Friendly Affordable Housing Development for Seniors in the Bronx
CPC Delivers $11 Million to Finance Acquisition of Multifamily Property in Greater Pittsburgh Area
CPC Delivers $2.34 Million for Acquisition of Two Apartment Buildings in Philadelphia
Officials Celebrate Lynn’s Place Grand Opening and Ribbon Cutting Ceremony
CPC, Empire Building LLC, Mayor Walsh, and Partners Celebrate Transformation of Historic Empire Building into Mixed-Use Development
CPC, Rockland Housing Action Coalition, Nyack Point Apartments LP, New York State HCR and Partners Open the Doors on Downtown Nyack Affordable Housing Development
Louis Tiberio Joins The Community Preservation Corporation’s Agency Lending Team
State HCR, ESD and Partners Announce Ribbon Cutting Of $17.3 Million Mixed-Use Affordable Housing Development In Buffalo
Governor Cuomo Announces Ribbon Cutting of $5 Million Alexandre Apartments in Downtown Buffalo
CPC Delivers $25.4 Million to Refinance Multifamily Portfolio in Western Massachusetts
Community Preservation Corporation Announces Partnership with Xenolith Partners LLC to Invest in Affordable Housing in New York City
CPC DELIVERS $286 MILLION IN FREDDIE MAC FINANCING IN 2017
Joseph Tancredi and Timothy Deegan Join The Community Preservation Corporation’s Agency Lending Team
Rockland Housing Action Coalition, CPC, Nyack Point Apartments LP and Partners Announce Completion of $10 Million Affordable & Supportive Housing Project in Downtown Nyack
Franklin Properties, CPC, and Partners Announce Opening of $9.7 Million Mixed-Use Historic Rehabilitation of Camillus Cutlery Headquarters
Governor Cuomo Announces Grand Opening of $20 Million Mixed-Use Development In Ithaca
Governor Cuomo Announces Completion of $15.9 Million Affordable and Senior Housing Development
CPC, Antioch Homes HDFC, HCR, Westchester County, Town of Bedford and Blue Mountain HDFC Celebrate Ribbon Cutting of New Affordable Housing in Bedford Hills, NY
Housing Advocates: Under Federal Tax Reform Plan, New York State Would Lose $4.5 Billion In Affordable Housing Financing & 17,000 Affordable Homes Per Year
CPC and Jay Street 118 LLC, Announce Completion of $650,000 Project to Transform Vacant Seneca Block Building into New Mixed-Use Development in Downtown Schenectady
New 56-Unit Affordable Inclusive Housing Complex Officially Opens in Town of Sweden
Empire State Development Announces Completion Of The Dietz Lantern Factory Project In Onondaga County
$10 Million Investment Transforms Office Building into 74 Apartments In Albany
GOSR, HCR, ESD, Nelson Development, Village of Owego, CPC and Partners Announce Start of Construction for Mixed-Use Affordable Housing Development in Owego
Roger Garcia Joins The Community Preservation Corporation as Vice President, Manager of Freddie Mac and FHA Underwriting
HOUSING VISIONS, DAVID YAMAN REALTY SERVICES AND PARTNERS CELEBRATE START OF CONSTRUCTION FOR CRESCENT COMMONS MIXED-USE DEVELOPMENT IN CORTLAND
Gary Rodney Joins the Board of The Community Preservation Corporation
CPC Delivers $2.75 Million for Acquisition of Two Apartment Buildings in Pittsburgh Area
CPC Delivers $4.45 Million for Acquisition of Two Multifamily Buildings in Hoboken, New Jersey
New Report by ex-Obama Official Makes Recommendations for Improving Government’s Approach to Disaster Recovery and Preparedness
Michael Staton to Lead CPC’s Expansion of Permanent Lending Platform in New Jersey
Celebrating New Housing Opportunities In Brooklyn
YUCO Real Estate, HPD, BNY Mellon, CPC And Partners Celebrate The Completion Of Brook Avenue Apartments In The Bronx
Mayor Warren Joins Home Leasing and CPC to Celebrate the Completion of Charlotte Square Apartments
New Rochelle Officials Join ELDProperties, Community Preservation Corporation For Millennia Groundbreaking And Burling Plaza Opening
Tapestry on the Hudson Will Provide 67 Apartments for Families and Formerly Homeless Residents
CPC, Public and Private Partners Launch “Underwriting Efficiency: A Mortgage Lender’s Handbook for Realizing Energy and Water Efficiency Opportunities in Multifamily Housing”
NYS Homes and Community Renewal, PathStone, Officials and Partners Announce Opening of Wedgepoint Apartments; $16 Million Mixed-Use Development in Rochester’s South Wedge Neighborhood
STATEMENT OF CPC PRESIDENT RAFAEL CESTERO ON $2 BILLION FUNDING AGREEMENT FOR HOUSING PRIORITIES IN STATE BUDGET
Mayor Sheehan, CPC, Albany Housing Authority Announce $1.7 Million for Refinance and Preservation of Affordable Housing at Capital Woods Apartments
Habitat for Humanity New York City, Community Preservation Corporation, HPD, NYCHA and Partners Announce Purchase of 23 Homes in Queens and Brooklyn
Habitat for Humanity New York City, LATENT Productions, New York State Homes and Community Renewal, New York City Department of Housing Preservation and Development, Community Preservation Corporation Announce “SEED”, a Three Building Affordable Development in Brooklyn
Statement Of CPC President Rafael Cestero In Support Of Housing Advocates Push To Include $2.5 Billion In Critical Housing Funds In State Budget
David Rockefeller, CPC Founder, Passes Away at 101
Governor Cuomo Announces Grand Opening of Affordable and Supportive Housing Development in Cortland
CPC Delivers $3 Million for Acquisition of Two Multifamily Buildings in Orange, New Jersey
Governor Cuomo Announces First Two Affordable Housing Projects In $30 Million Storm Recovery Program
CPC and 800 Broadway LLC Announce $1.53 Million in Funding to Turn Vacant Buildings into New Housing in Albany
Statement of CPC President & CEO Rafael E. Cestero on Governor Cuomo’s Announcement of Program to Replace 421-a
Bradford & Euclid LLC, CPC, Comptroller DiNapoli and Partners Announce $19.2 Million Deal to Transform Historic R.E. Dietz Building into Mixed-Use Development
CPC and NYS Common Retirement Fund Announce $710 Million Funding Agreement to Finance Housing Across New York State
Statement of CPC President & CEO Rafael E. Cestero on Governor Cuomo’s Announcement on 421-a
CPC And Goldman Sachs Announce $70 Million Loan Facility To Support Affordable Homeownership In New York City
Mayor Bramson, Ralph Rossi, the City of New Rochelle, New Rochelle IDA, and CPC Celebrate Grand Opening of The Lombardi in New Rochelle
Baldwin Real Estate, HCR, First Niagara, CPC, Raymond James, FHLB And Partners Celebrate New $12.3 Million Affordable Housing Development In Lysander, NY
Statement of CPC President & CEO Rafael E. Cestero on Governor Cuomo’s Signing of Affordable Housing MOU
CPC, CITI, NYC Comptroller Stringer, HDC And Partners Announce $490 Million For Construction Of Affordable Housing In NYC And Upstate New York
CPC Announces $468 Million Invested in 119 Multifamily Projects Across New York State In Fiscal Year 2016
CPC Opens New Buffalo Office, Building on Decades of Community Revitalization Work in Western New York
Housing Visions, HCR, CPC, NEF, Elected Officials and Partners Celebrate Ground Breaking for Oneonta Heights
HCR, HPD, CPC, and Local Elected Officials Join L+M Development, HCCI, and Partners to Celebrate the Opening of Rev. Dr. Charles A. Curtis Plaza
Richard Roberts Joins the Board of The Community Preservation Corporation
New York State, Living Resources, and Partners Celebrate Opening of $16.4 Million Lion Heart Residences in Cohoes
Christopher Community’s Riverview Apartments to Offer 39 Units of Affordable and Supportive Housing
Governor Cuomo Announces Construction Underway on $22 Million Affordable and Supportive Housing Project in Troy
Clean Energy Finance Nonprofit NYCEEC Adds Lending Executive Sadie McKeown to its Board of Directors
Statement of CPC President and CEO Rafael E. Cestero on City Council Vote to Approve Modified Versions of Mandatory Inclusionary Housing and Zoning for Quality and Affordability
Construction Commences on Buffalo River Landing, New Mixed-Use Development in Old First Ward Neighborhood
Lieutenant Governor Hochul, Comptroller DiNapoli, Congressman Higgins and Mayor Brown Join Owners, Investors and Lenders to Celebrate the Completion of a Unique and Dynamic Mixed-Use Redevelopment Project in Buffalo, New York
On Pace For Breakout Fiscal Year, CPC Launches New Brand With Eye To The Future
Statement of CPC President and CEO Rafael E. Cestero on Governor Cuomo’s State of the State Address
Ingrid Gould Ellen and Carol M. Joseph Join the Board of The Community Preservation Corporation
Testimony of CPC President & CEO Rafael E. Cestero before the New York City Planning Commission
Governor Cuomo Announces Completion of 64-Unit Affordable Housing Development In Plattsburgh
HPD, Neighborhood Restore, and CPC Join Bridge Street Development To Celebrate The Completion Of Renovations At 570 Willoughby Avenue In Brooklyn
First Lady McCray Joins City Officials And Development Partners To Announce The Start Of Construction On A New Energy-Efficient Supportive Housing Development Named Lynn’s Place In The Bronx
CPC Delivers More Than $23 Million In Financing Through Freddie Mac’s New Small Balance Loan (SBL) Program
DePaul and Partners Celebrate Completion of Rochester View Apartments
New York State Homes and Community Renewal Announces Re-Opening of Woodrow Wilson Townhomes in Amsterdam
Governor Cuomo Announces $20 Million Available to Build Affordable Housing in Areas Damaged by Superstorm Sandy, Hurricane Irene and Tropical Storm Lee
New York City and New York State Housing Officials Join the Acacia Network, CPC, and Partners to Celebrate the Opening of a New Affordable Senior Housing Development in the Bronx
NYC Deputy Mayor Glen and City Officials Join the Bowery Residents’ Committee to Break Ground on Landing Road Residence, The City’s Innovative New Approach to Affordable Housing for the Homeless
Former Lieutenant Governor Robert J. Duffy Joins the Board of The Community Preservation Corporation
CPC Announces Investment of $372 Million to Keep Housing in New York State Neighborhoods Affordable
Former Lieutenant Governor Robert J. Duffy Joins the Board of The Community Preservation Corporation
City Council Speaker Mark-Viverito, NYC HPD, CPC, El Barrio’s Operation Fight Back Inc., and Enterprise Host Neighborhood Preservation HelpDesk
CPC Poised for Continued Growth with Expanded Leadership and Originations Teams
HCR, CPC, Local Officials, and Partners Celebrate Groundbreaking of New Affordable Development in Middletown
Ribbon Cutting Ceremony at Highridge Gardens
Freddie Mac Approves CPC as Small Balance Loan Lender
HPD, HDC, NYCRS, and CPC Celebrate Ribbon-Cutting for Affordable Housing Complex in Harlem
Mayor de Blasio, Comptroller Stringer, Community Preservation Corporation, and Citi Announce New Partnership to Invest $350 Million in Affordable Housing
Explore our Annual Report
In FY25, CPC marked 50 years of impact and innovation. In this milestone year, we closed more than 90 loans and investments to finance affordable and workforce multifamily housing across New York and nationwide, creating or preserving quality, stable homes for more than 33,000 people. Explore our FY25 Annual Report to learn more.