Community Preservation Corporation (CPC)

CPC offers construction, permanent, and bridge lending as well as equity investing in multifamily housing across several business lines and subsidiaries. CPC Mortgage Company is the only nonprofit owned Agency lender that offers a full suite of Freddie Mac, Fannie Mae, and FHA loan products. As a partner in Climate United, a coalition selected by the EPA to manage approximately $7 billion in funding from the Greenhouse Gas Reduction Fund (GGRF) established under the Inflation Reduction Act, CPC will provide low-cost subordinate debt financing for deep green decarbonization improvements in existing and new construction of multifamily housing.  CPC is also administering the $250 million Climate Friendly Homes Fund (CFHF) in partnership with the State of New York. The CFHF provides financing for existing, 5-50-unit buildings in New York State with a focus on replacing older and less energy-efficient systems with all-electric, high-performance heating, cooling, and hot water heating systems.