CPC ACCESS Developer Incubator

The free, virtual training series offered by CPC ACCESS features instruction by Let’s Brainstorm, LLC and consists of seven, approximately 90-minute sessions held virtually. Cohort 2 begins September 8, 2022. Each session will consist of class material presented by an expert in the field, as well as interactive components and time for questions on the material and/or individuals’ own real estate projects.

Training Modules:

  • “So you wanna be a developer” Primer on Construction Lending and Borrowing
  • Preparing for a Construction Loan/Credit Committee: Qualifying for a Construction Loan
  • Sustainable Development & Pre-Closing a Construction Loan
  • Closing a Construction Loan Part 1
  • Closing a Construction Loan Part 2
  • Construction Phase to Permanent Loan Conversion
  • All Module Wrap-Up

 

Development Team Assistance Offered by CPC

CPC ACCESS will support BIPOC developers with project development, including: scope of work, plan review, cost analysis, sources and uses analysis, credit analysis and construction.

Eligibility

The ACCESS Developer Incubator seeks applicants who:

  • Identify as BIPOC (Black, Indigenous, People of Color)
  • Seek to expand skills and experience in multifamily real estate development
  • Have less than three years’ experience in housing, ownership, development and/or management and have produced less than 20 units or two buildings
  • Have operated in the Hudson Valley and/or Capital Region of New York for at least six months with sufficient cash liquidity
  • Own or plan to acquire a viable multifamily property or project in the Hudson Valley and/or Capital Region for construction, rehabilitation, or renovation in the next 6 to 12 months
  • Can commit to actively participating in each virtual session (CPC will allow two absences)
  • Will consistently respond to email sand surveys throughout the training series

Application Timeline  .

      • The online application period was open from July 20, 2022 through August 5, 2022 and is now closed.
      • Applicants will be notified of their application status the week of August 22, 2022
      • Trainings will begin September 8, 2022

 

More Information

Download Program Overview

More About the ACCESS Incubator

Congratulations to the first cohort of graduates to complete the ACCESS Incubator and Accelerator real estate development trainings, which occurred in the spring of 2022. These entrepreneurs are focused on real estate projects in Syracuse, Rochester, and Buffalo area in Rochester, NY.

 

WATCH VIDEO RECAP: Cohort 1 Graduation Celebration