Construction Lending

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CPC will simultaneously commit a construction loan and a long-term permanent mortgage, which can be committed up to 24 months in advance. This includes lending for the acquisition/refinancing and rehabilitation of multifamily-occupied properties, gut renovation of vacant buildings into multifamily properties, and new construction of multi- and single-family properties.

Whether the project is downtown revitalization, adaptive reuse, affordable and supportive housing, the acquisition and rehabilitation of distressed property, or ground up construction, our team of experts will work with you to maximize the potential of your multifamily project and its impact on the community.
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Partnerships
As a leading nonprofit mortgage lender, the deep, strategic partnerships we’ve developed over the years have been critical to our thoughtful approach to providing communities with stable and flexible capital to help solve housing and economic development challenges. We couldn’t accomplish this without our many public and private sector partners who share our commitment to protecting the quality and stability of housing across New York.