The Community Preservation Corporation
Timothy Deegan is a seasoned professional in the financial services and commercial real estate sectors, currently serving as Managing Director at The Community Preservation Corporation since November 2017. With a robust background, Timothy has held various leadership positions, including Vice President/Head of HUD Lending/Originations and Production, and VP of FHA Lending & Originations at The Community Preservation Corporation. Prior experience includes serving as Director of Operations & Capital Markets at Cosmopolitan Capital Funding, LLC, and Director of Capital Markets at Llenrock Group, LLC. With a career spanning over two decades, Timothy has also held roles such as Sr. Account Executive at Clear Point Funding and Sr. Loan Officer at Bank of America. Timothy began a professional journey as a Loan Officer at Sears Mortgage Corp and progressed through several reputable organizations, culminating in extensive expertise in real estate financing. Education includes a BA in Government and Politics from the University of Maryland and studies at Delbarton School.
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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.