Who We Are > Statement of Mission

Mission
Values and Beliefs
Key Operating Principles

Mission

The Community Preservation Corporation (CPC) is a Private, Not-For-Profit Corporation sponsored by more than 90 Commercial Banks, Savings Institutions and Insurance Companies. Sponsors contribute capital, participate in lending activities, and provide governance to CPC by sitting on the Board, the Mortgage Committee, and other policy making bodies.

The Mission of The Community Preservation Corporation is to Stabilize, Strengthen and Sustain Low and Mixed Income Communities.

CPC will achieve its Mission by developing and distributing products and services for and by providing leadership and advocacy in the following areas and activities.

  1. Provide mortgage, construction and other lending for the housing needs and the ancillary commercial activities that are necessary for achieving sustainable communities.
  2. Build a positive environment for investments in these communities that often lack borrower sophistication and a credit infrastructure.
  3. Work with governmental agencies to remove regulatory impediments to investment, and to create public/private financing programs that support these efforts.
  4. Create an infrastructure of primary and secondary financial markets that are tied into the National credit markets and that are positively predisposed to supporting and participating in these investments.
  5. Develop and package products and services that are tailored to these areas, and that eliminate the problems these borrowers often encounter with standard financial products.
  6. Develop a distribution system for these products that takes advantage of the capabilities and the needs of our Member institutions.
  7. Assist our Member institutions in providing Community Development Financing.
  8. Encourage community self-sufficiency by improving the skills of the community based developers and contractors, as well as those community groups interested in achieving neighborhood stabilization.
  9. Bring together public, private and community-based resources to create, support and sustain these activities.
  10. Engage in those "enabling" financial, marketing, advocacy,consulting, educational, and organizational activities necessary to achieve the Mission and sustain its impact.

Copyright 2007 The Community Preservation Corporation