ACCESS

“There’s a significant underserved and underrepresented population of BIPOC developers who are poised for growth, and just need the opportunity and access to the right resources. If ACCESS can be that hand-up, or that connection to capital and knowledge that is going to help take their business to the next level – that is the measure of success for us.” – Lawrence Hammond, Senior Vice President, Director of ACCESS.

To help directly address these inequities, CPC established ACCESS – Acquiring Capital and Capacity for Economic Stability and Sustainability.

About

ACCESS is a multi-million dollar initiative created by CPC that provides financial resources, capacity building opportunities, and technical assistance to entrepreneurs of color who have historically faced barriers to entry in the real estate development market, with the goal of promoting and enabling greater racial diversity, equity, and inclusion in the industry.

Tailored capital support may include:

  • Lines of credit and guaranties
  • Subordinate and pre-development loans
  • Equity investments
  • Permanent loans and recoverable grants
  • Construction and acquisition loans

Learn more about ACCESS

Our Commitment in Action

Hear from CPC leaders and customers about our work to close the racial wealth gap, empower emerging BIPOC developers, and increase diversity in the real estate development industry.

CPC ACCESS
Incubator

ACCESS offers education and training opportunities through roundtable discussions, panels, and informational presentations on a host of topics. Learn about the ACCESS Incubator, a free entry-level real estate development training program for BIPOC entrepreneurs who are just starting to build their business in multifamily development.


Fostering Relationships

ACCESS also seeks to create and foster relationships with government partners and other private and nonprofit organizations to leverage shared resources.

NYC MBE Guaranty Facility

Learn more the New York City Minority Business Enterprise Guaranty Facility, (MBE Guaranty Facility) a new initiative from CPC and our partners at the New York City Department of Housing Preservation and Development (HPD), the NYC Housing Development Corporation (HDC), and the Urban Investment Group at Goldman Sachs to support minority-owned business enterprise (MBE) developers seeking to develop critically needed affordable housing across the five boroughs.

NYS Legacy City ACCESS program

Learn more about the CPC ACCESS partnership with New York State’s Legacy Cities program which transfers portfolios of blighted of city-owned one- to four-family properties to local developers with a preference for Minority and Women-owned Business Enterprises (M/WBEs). Following rehabilitation, sales will prioritize purchasers of color and low-income households, helping to tackle the issue of generational wealth building through homeownership.

Related Content

What’s happening.

Connect with the ACCESS team.

Get in touch with one of our experts to begin a conversation about your project.

  • Lawrence Hammond

    Senior Vice President

    Director of ACCESS

    [email protected]

    646-822-9307

  • Wilhelmena Norman-Hernandez

    Vice President

    Manager of Community Impact for ACCESS

    [email protected]

    646-822-6855

  • General Inquiries

    For general inquiries regarding the ACCESS initiative, please email us:

    [email protected]

Not sure where to start?

Your project runs better when we all work together.