One-Stop Financing Solutions for Multifamily Housing Developers

The NYC LL84 Benchmarking deadline has been extended to May 31st. Learn how CPC can help to meet the May 31st deadline for compliance.
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.
CPC's CEO, Rafael E. Cestero, joins HPD Commissioner Wambua, EBC & partners at the opening of Madison Putnam, an affordable housing development in Brooklyn
Pendell Commons Located in Poughkeepsie, this new 73-unit affordable housing community will provide affordable housing for families and seniors.
Weatherization Assistance A successful partnership between CPC & NYS HCR produced energy- and cost-savings results statewide to weatherize structures such as this senior-housing building, located South of Albany.
Hyenga Lake Senior Housing CPC, partners, and proud residents celebrate the completion of Hyenga Lake Senior Housing, a new 66-unit apartment building for residents 55 years & older, with a ribbon cutting.
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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Permanent, Freddie Mac, refinancing and rehab loans available in New York.

Start-to-finish support and technical assistance for borrowers

Over $8 billion invested; more than 144,000 affordable units financed since 1974

Working with public, private and non-profit developers

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

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Past Work

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April 09

CPC Inks $6.15 Million Freddie Mac Loan to Refinance New Apartment Complex in Brooklyn

CPC has announced the closing announced the closing of a $6.15 million Freddie Mac loan to refinance an existing $5.5M construction loan, provided by CPC in 2009, and to cover...

“Through HPD’s work with CPC and EBC, 550 Watkins stands as an example of how neighborhoods can be transformed through strong public-private partnerships. This collaboration did not produce one new building, but 13 new structures that have added 104 affordable new homes to this resurgent community. Each unit is a symbol of opportunity for a family here in Brooklyn, an opportunity to have an affordable home.”

Read about the project
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Mathew M. Wambua, Commissioner, NYC Department of Housing Preservation and Development

Superstorm Sandy damaged many properties throughout the region, and as we work to rebuild, it is important to prepare. CPC has consolidated advice from FEMA, other government agencies & building experts on preparing for natural disasters. Click here to review safety tips for the buildings you live & work in.


LL84 Benchmarking: Deadline Extended to May 31st.
The NYC deadline to comply with Local Law 84 (LL84) has been extended. If you have not complied with LL84 this year, take advantage of this grace period and have CPC complete your LL84 filing today.
Learn how CPC can assist.

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Click here to read CPC’s 2012 Annual Highlights