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.

Property Development

Real Estate

The Community Preservation Corporation

Michael R. Bloomberg

Rafael E. Cestero

The Leadership Team at The Community Preservation Corporation (CPC) is responsible for setting the strategic vision, ensuring operational excellence, and driving the organization's mission to revitalize neighborhoods and provide quality affordable housing. Comprising senior executives such as the Chief Executive Officer, President, and Vice President, Chief Information Officer, this team oversees key partnerships, financial decisions, and organizational growth to maintain CPC's role as a trusted partner in the housing sector.

Leadership Team

About

Team members

Other teams at The Community Preservation Corporation

Finance and Underwriting

Senior Vice Presidents

Vice Presidents' Team