Affordable Housing Finance
August 24, 2016
People on the Move 8.24.16
The Community Preservation Corp. (CPC) has opened a New York regional office in Buffalo, and Michael DeWitt has joined the company as senior vice president and regional director.
DeWitt will lead CPC’s efforts in western New York and work closely with local developers and community and government partners to further CPC’s mission of financing multifamily housing projects. The nonprofit has provided $259 million in financing for 151 multifamily housing developments in western New York, inclusive of $167.5 million that has helped to finance 89 developments in Buffalo.
DeWitt had been a first vice president and relationship manager at First Niagara Bank.