The Community Preservation Corporation’s Post

Since 1974, The Community Preservation Corporation (CPC) has held the belief that housing is central to transforming underserved neighborhoods into thriving and vibrant communities. Throughout the years, we've partnered with government, community stakeholders, borrowers and others to find and advance solutions to the housing problem. Please join us all year long as we celebrate our 50th anniversary by highlighting the projects, people, and communities that have made CPC what it is today. To learn more about CPC visit https://communityp.com/ #CPC50th #50YearsofImpact #50YearsofInnovation

We're looking forward to the Texas Housing Conference! See you there! #24TXHC

📅 This Wednesday, July 10th, tune into our new #sustainability #webinar, Heat Pumps in Your Home: Installation Dos and Don’ts to Improve Performance! Join us at 12pm to hear from Mitsubishi Electric and Thermodynamix LLC about the latest #airsource #heatpump technologies and expert tips for maximizing system performance. Learn how transitioning to high-efficiency #electric systems can improve #heating, #cooling and #costsavings, and reduce #greenhousegasemissions. Register today to join on Wednesday: https://lnkd.in/eZ5WmDwb #HVAC #EnergyEfficientHousing #WeAreClimateUnited

Happy 4th of July from CPC!

Congratulations to our CPC soccer team for reaching the semifinals of the America SCORES 2024 Cup! 🏆⚽⭐ Despite the scorching heat, our team battled hard in support of America SCORES New York, which works to empower youth through sports and community engagement. Their dedication to racial equity, fair play, teamwork, and youth empowerment is shaping a brighter, more inclusive NYC, and we're proud to partner with them. #CPCSoccer #AmericaSCORES #YouthEmpowerment #RacialEquity #FairPlay #TeamBuilding #Teamwork #TeamSpirit #TeamSuccess #CPC50th #JoinOurTeam #AffordableHousing #NYCRealEstate #GoTeam!

💡 Looking to elevate your #multifamily building's heating and cooling systems? Don’t miss our webinar, Heat Pumps in Your Home: Installation Dos and Don’ts to Improve Performance on Wednesday, July 10th! Join us to hear from Mitsubishi Electric and Thermodynamix LLC about the latest air source #heatpump technologies and expert tips for maximizing system performance. Learn how transitioning to high-efficiency electric systems can improve #heating, #cooling, #costsavings, and reduce #greenhousegasemissions. 🌡️ Register today to join on 7/10: https://lnkd.in/eZ5WmDwb

We were happy to be at the mayor’s event this morning to celebrate the #affordablehousing wins in the NYC #FY25 #budget! This budget will help create and preserve affordable housing for our most vulnerable residents, expand #affordablehomeownership, and deliver much-needed support for NYCHA’s public housing. We are in a #housingcrisis here in NYC, and this $2 billion #investmentinhousing is critical.

Impact in Focus: In honor of CPC’s 50th year, and in celebration of completing renovations to 16 Manhattan NYCHA developments, we’re shining the spotlight on the PACT Renaissance Collaborative. In 2019, New York City Housing Authority (NYCHA), the nation's largest housing authority, chose the PACT Renaissance Collaborative (PRC) to renovate and revitalize 1,700 apartments across 16 Manhattan developments that are home to nearly 3,000 residents. PRC is comprised of CPC, Monadnock Development, The Community Development Trust, Community League of the Heights (CLOTH), Kalel Companies, and Lemor Development Group. Our participation in NYCHA’s innovative PACT-RAD program further cemented CPC as a trusted organization committed to enhancing the living conditions of NYC residents. We’re delighted to have successfully transformed these buildings into the #affordable, #safe, and #equitable homes their tenants deserve. This work has a meaningful effect on the lives of New Yorkers, and we can’t wait to see how much more impact we can make in the next 50 years. Please follow along all year long as we celebrate our 50th anniversary by highlighting the projects, people, and communities that have made CPC what it is today. #CPC50th #50YearsofImpact #50YearsofInnovation

ICYMI: Emily Klein, our Senior Policy Analyst, testified at the New York City Council’s Committee on Housing and Buildings oversight hearing on the J-51 Tax Abatement. The new J-51 Tax Abatement was authorized by Governor Hochul in 2023 under the Affordable Housing Rehabilitation Program. Emily spoke in support of the City’s legislation to implement the State’s proposed #taxbenefitprogram for the rehabilitation of qualifying #multifamily rental buildings. As Emily testified, CPC believes that Intro 654 meets the needs of our current market and moment and we urge the Council to pass this vital tool needed so that building owners can finance the necessary work to maintain quality and #affordablehomes for New Yorkers. You can read Emily’s full testimony here: https://lnkd.in/efVgqwKX