Investors & Partnerships
By The Numbers
52
Years
$16B
Invested
250k
Units Financed
AA-
S&P Rated

For today’s partners who measure success beyond balance sheet returns, CPC provides a triple bottom line opportunity to put their capital to work by supporting a shared mission of creating positive outcomes in communities through investments in housing across the country.
“[An] Experienced, proactive management team and board, which exhibit strong risk oversight and governance capabilities, and a mission-driven growth strategy.”
S&P Global Ratings
From our founding in 1974 as a self-sustaining nonprofit lender – to our partnership with the NYC Police Pension Fund and NYC Employees’ Retirement Systems in the early 1980s as the first time any public pension fund in the country had invested in upgrading housing – to 2019 when we launched the nation’s only nonprofit-owned Agency mortgage lending company – to our AA- rating from S&P Global and subsequently the single largest sustainability bond sale ever executed by a CDFI in 2020…
…for five decades, CPC has been making history and fostering partnerships with local, state and federal government, banks and institutional investors, like-minded nonprofits, and many others to bring capital and other critical resources to revitalize and rebuild communities – expanding our reach and impact throughout our home state of New York and across the country.
Today, we are largest CDFI in the nation dedicated to investing in multifamily housing, having leveraged more than $16 billion to create and preserve more than 247,000 units of affordable and workforce housing.
We measure our success through our ability to make an impact on our three core goals: 1) increasing the supply of affordable and workforce housing, 2) pushing the real estate industry towards greater sustainability, and 3) working to close the wealth gap.
CPC High-Performance Housing Fund*
The CPC High-Performance Housing Fund (CPC HPHF) is a proposed $250 million private credit fund that, upon launch, will focus on financing energy efficiency and resiliency improvements for affordable, workforce, and mixed-income multifamily housing. Upon launch, the fund is expected to provide structured capital solutions designed to help multifamily properties reduce operating costs, strengthen long-term asset performance, and preserve housing affordability.
In the event of launch, CPC HPHF will draw on CPC’s more than five decades of multifamily lending experience, and is expected to leverage CPC’s national lending platform, expertise in high-performance housing, and established relationships with owners and developers to identify and execute investment opportunities nationwide.
Proposed Fund Terms and Key Features
- Target fund size: $250 million.
- Expected Investment Focus: affordable, workforce, and mixed-income multifamily housing.
- Expected Investment Types: subordinate debt and preferred equity.
- Expected Geographic Scope: nationwide.
- Fund Status: not yet formed; terms subject to change.
- Management: to be managed by a team with experience in multifamily finance, energy efficiency, and resiliency.
For more information, please contact [email protected].
*CPC HPHF Disclaimers:
- CPC HPHF is currently in formation. The terms described above are preliminary, have not been finalized, and are subject to change. No private placement memorandum or other definitive offering documents have yet been issued.
- If the CPC HPHF is formed, its shares will not be registered under the Securities Act of 1933 (the “1933 Act”), the Securities Exchange Act of 1934, the Investment Company Act of 1940, or any state securities laws.
- If the CPC HPHF is formed, its shares will be offered in private placements pursuant to the exemption from the registration requirements by SEC Rule 506(c) under Regulation D of the 1933 Act and will only be available to accredited investors. Accredited Investors is defined in Rule 501(a) of Regulation D under the 1933 Act as an individual earning more than $200,000 a year (or $300,000 per year with a spouse or spousal equivalent), have a net worth over $1 million either alone or together with a spouse or spousal equivalent, excluding their primary residence, or hold in good standing a Series 7, Series 65, or Series 82 license with FINRA. Entities must have at least $5 million in liquid assets, or all beneficial owners of such entity must themselves be accredited investors.
- If the CPC HPHF is formed, it will have an investment minimum of $200,000 or more for natural persons and $1 million or more for legal entities.
- Private placements are speculative, illiquid, and involve a high degree of risk, up to and including total loss of investment. If launched, the CPC HPHF will not be suitable for all investors.
- Prior to investing in the CPC HPHF, carefully consider its investment objectives, risk factors, fees, and expenses, all of which will be found, along with other important information, in a private placement memorandum, which will not be available until the CPC HPHF has commenced operations.
- This website and the information contained herein is not an offer or solicitation to buy any security. Offers of the CPC HPHF will only be made through CPC HPHF’s private placement memorandum and other definitive offering documents, which do not yet exist.
- The information contained on this website is for informational purposes only and should not be relied upon to make any investment decisions.

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Kristen Fontana



