The Community Preservation Corporation
Michael Staton is currently the Managing Director, Head of Agency Lending at The Community Preservation Corporation since May 2017. Previously, Michael held positions such as Vice President - Commercial Real Estate Financing at TD and Vice President, Originations at WNC & Associates. With a background in finance and real estate, Michael has over 30 years of experience in managing multifamily housing development transactions and fostering relationships with various stakeholders in the industry.
The Community Preservation Corporation
The Community Preservation Corporation (CPC) was launched in 1974 through a joint agreement between the City of New York and its leading commercial banks to restore and rebuild New York’s aging neighborhoods. In the more than 40 years since, we have evolved and expanded our reach to become a consistent source of capital to underserved housing markets throughout New York City and in communities across the state. Our deep, strategic relationships with government agencies, community groups, banks, and other investors has positioned CPC as a trusted partner who works hand-in-hand with housing providers to create customized financing solutions. CPC has financed more than 185,000 affordable housing units to date. With roughly $10 billion in public and private investments, our work has helped revitalize countless neighborhoods and provided quality housing for low-income families, senior citizens, and individuals with disabilities.