11/30/21

Since launching ACCESS in August 2020 with $20 million committed from our own balance sheet, CPC is swiftly and intentionally putting our flexible capital and technical assistance to work in communities.

08/2/21

In Fiscal Year 2021, the CPC team closed more than 260 transactions and deployed nearly $940 million across our suite of flexible capital products to finance 8,400 units of quality housing.

The numbers are big and bold, but what makes me the proudest is that we sourced, originated and closed each transaction The CPC Way.

06/18/21

Tomorrow is June 19th, Juneteenth, a holiday that commemorates the emancipation of enslaved…

06/1/21

I’m pleased to announce that CPC has partnered with Governor Cuomo and New…

04/21/21

This one verdict cannot erase generations of systemic racism nor can Mr. Chauvin’s obvious guilt be applied in all cases. This is a step forward and hopefully something we can all use to build a more just, equitable and fair country. 

12/11/20

Across the city, New York City Housing Authority (NYCHA) housing is the unsung…

10/19/20

The Community Preservation Corporation (CPC), in collaboration with our borrowers and partners, has financed safe, quality places for more than one million people to call home.

08/4/20

The fallout from COVID-19 has seen millions of people lose their jobs, their income, and their ability to pay their rent. The hardest hit are those who are most in need, living at or near poverty and in marginalized communities. In a recent article in CityLab, CPC’s President & CEO, Rafael E. Cestero discusses the impact that these interconnected, rapidly mounting pressures on renters, owners, and local government budgets could have on the state of affordable housing.

06/10/20

Over the past months the black community has suffered disproportionately from the impacts…

05/6/20

Instead of pitting renters and owners against each other in a time of crisis, we should be aligning our interests and pushing Congress to include rental assistance in the next stimulus package.

03/25/20

Dear Friends and Partners, I hope this note finds you well. I understand…

03/2/20

I have long believed that the real estate industry has a tremendous opportunity,…

02/20/20

Small buildings are the foundation of the multifamily housing stock across New York…

01/22/20

In Fiscal Year 2019 (FY 19), The Community Preservation Corporation (CPC) continued to…

08/14/19

CPC and partners recently celebrated the start of a gut rehabilitation of 63…

05/1/19

CPC takes pride in working closely with communities to finance housing that aligns with their development plans and the unique needs of their residents.