The Community Preservation Corporation (CPC) was launched in 1974 through a joint agreement between the City of New York and its leading commercial banks to restore and rebuild New York’s aging neighborhoods. In the more than 40 years since we have evolved and expanded our reach to become a consistent source of capital to underserved housing markets throughout New York City and in communities across the state.
Our deep, strategic relationships with government agencies, community groups, banks, and other investors have positioned CPC as a trusted partner that works hand-in-hand with housing providers to create customized financing solutions.
CPC has financed more than 185,000 affordable housing units to date. With roughly $10 billion in public and private investments, our work has helped revitalize countless neighborhoods and provided quality housing for low-income families, senior citizens, and individuals with disabilities.
Community Preservation Corporation (CPC) Overview
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Latest News 4
Apr 22, 2024
Construction Update: 178 4th Avenue
Feb 15, 2024
Developer Lands $91M Loan for 17-Story Mixed-Use Project in Gowanus
Nov 06, 2023
Excavation Continues for 17-Story Mixed-Use Project in Gowanus
Jul 28, 2023
Excavation Begins for 17-Story Mixed-Use Project in Gowanus
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