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 Vice Presidents' Team at The Community Preservation Corporation is comprised of senior leaders who oversee critical areas such as loan closings, mortgage lending, construction risk management, asset management, communications, community impact, and capital strategies. This diverse group collaborates to drive strategic initiatives, ensure operational efficiency, and develop tailored financing solutions to support the organization's mission of revitalizing neighborhoods and providing quality housing for underserved communities.

Vice Presidents' Team

About

Team members

Other teams at The Community Preservation Corporation

Finance and Underwriting

Senior Vice Presidents