CPC’s affordable housing mission drives our focus on three goals that elevate urgent community needs and shape our investments and our policy agenda. In FY22, 94% of CPC’s dollars were deployed to address one or more impact areas:
CURRENT LEGISLATIVE PRIORITIES
Learn More: View Federal Legislative Agenda
State and Local
Learn more: View Local and State Legislative Agenda
Our Impact In New York
CPC is a nonprofit, certified Community Development Financial Institution (CDFI) working to provide financing and technical support to expand and preserve affordable and workforce multifamily housing. CPC’s national footprint today is built on the foundation of a long history in New York, where we are headquartered today.
Learn More: CPC in New York
Learn More About the Complex Set of Barriers to Expanding Affordable Housing:
Listen to The Housing Problem podcast, in which hosts Rafael Cestero, CEO of CPC, and Kirk Goodrich, President and Partner of Monadnock Development, unravel The Housing Problem and hunt for solutions with new guests each week. These thoughtful discussions are a resource for a national audience of housing practitioners - and anyone interested in creating more equitable communities
CPC’s policy positions are based on nearly 50 years of experience in affordable housing. Take a look at our recent publications for our take on some of the current challenges and opportunities for the multifamily housing industry
The New York City Housing Authority (NYCHA) is New York City’s largest landlord, with more than 2,000 buildings in its portfolio housing over 350,000 authorized residents. It has long been an essential source of permanently affordable housing in NYC. Today, we have reached an inflection point: NYCHA’s housing stock requires critical investment if it is to remain habitable. As NYCHA residents are almost 95% people of color, this is as much about racial equity as it is about housing affordability. Significant investment is necessary to address racial inequities and environmental hazards that are disproportionately affecting New Yorkers living in public housing.
CPC's "Ending the NYCHA Blame Game" identifies the main strategies for the long-term preservation of NYCHA’s housing. One of these strategies, establishing The Trust for Public Housing, was recently signed into law by Governor Kathy Hochul.
CPC uses our policy voice to inform practical solutions alongside stakeholders and legislators at the local, state and federal level.