One-Stop Financing Solutions for Multifamily Housing Developers

Do You Own a Small Multi-Family Building & Seek Long Term Financing? If so, CPC & Freddie Mac’s Small Balance Loan offering may be the ideal fit for you.
Mayor de Blasio & Comptroller Stringer announce a partnership to establish a $350M fund to support affordable housing New fund will allow CPC to provide lending capital to housing developers for the acquisition, construction, rehab & preservation of affordable housing in NYC and NYS.
Poughkeepsie, NY This newly constructed development contains 71 affordable apartments for seniors, the homeless, and disabled veterans.
Bronx, NY L-R: DJ Kool Herc, former HPD Commissioner Visnauskas, WFHA principal John Crotty and CPC President & CEO Rafael Cestero celebrate the rebirth of 1520 Sedgwick Ave.
Port Washington, NY A partnership with the NYS Common Retirement Fund enabled CPC to provide this low-income Long Island complex with a $10.15M fixed-rate loan to help finance energy efficient components.
Pendell Commons Located in Poughkeepsie, this new 73-unit affordable housing community will provide affordable housing for families and seniors.
Eastern Parkway, Brooklyn Over three decades, CPC has financed over $400M in 250+ projects for over 8,000 housing units along Eastern Parkway and the surrounding area.
McKinley Square A significant CPC accomplishment can be seen with the development of the McKinley Square neighborhood in the South Bronx.
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How Can We Help?

Over $8 billion invested; financing more than 157,000 affordable units since 1974

Permanent, Freddie Mac, refinancing and rehab loans available in New York.

Start-to-finish support and technical assistance for borrowers

Working with public, private and non-profit developers

No deal too large, small or "unconventional" for consideration

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Past Work

See Our Work

June 03

CPC Provides $1.1M for First Affordable Multi-Family Passive House

CPC recently closed on a permanent loan totaling $1.1M for Mennonite United Revival Apartments, the nation’s first affordable multi-family Passive House development.  Located on...

“As a downtown developer working in both Syracuse and Rochester, Franklin Properties looks for partners who share our vision for restoring landmark architecture and creating great places where people want to live. CPC & the Common Retirement Fund have been valuable partners through the years in providing the necessary investment to bring these developments to life.  Our work would not be possible without their support.”

More Testimonials

Doug Sutherland

Managing Partner, Franklin Properties

CPC has released a Request for Proposals to prequalify developers interested in participating in the Small Project Affordable Rental Construction Program (SPARC)
SPARC is a $20 million program funded by New York State Homes and Community Renewal to construct replacement housing in areas impacted by Superstorm Sandy, Hurricane Irene and/or Tropical Storm Lee.