Community Preservation

read moreAt CPC, we believe that housing is central to transforming underserved neighborhoods into thriving and vibrant communities. That's what we're about: providing innovative capital solutions, fresh thinking, and a collaborative approach to the often complex challenges that owners and developers of multifamily housing face. As a leading nonprofit affordable housing and community revitalization finance company, we utilize our deep, strategic relationships with government agencies, local community groups, banks, and other lenders to create customized loan opportunities for our customers.

read moreResponsible, long-term ownership of multifamily buildings can ensure that they will remain financially strong and physically sound. In underserved or changing neighborhoods this can help preserve affordability, reduce displacement, and serve as a force for stabilizing and revitalizing the community. CPC's Equity Investing initiative leverages our record as an innovative housing finance partner to provide a source of patient equity financing that is aligned with the goals of well-managed affordable and workforce rental housing.

read moreCPC Mortgage Company LLC, a subsidiary of The Community Preservation Corporation, is a one-stop-shop providing our borrowers with a team of experts that have deep experience in Agency lending. We are a Freddie Mac Optigo lender, Fannie Mae lender, and Federal Housing Administration (FHA) Multifamily Accelerated Program (MAP) approved lender. Whether for acquisition, refinancing, or rehabilitation, with CPC Mortgage Company LLC you get certainty of execution and a team of originators, analysts and underwriters solely dedicated to the multifamily Agency lending process.

read moreCPC 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.