General Information and Structure
Lender:
Community Preservation Corporation (CPC)
Lending Type:
CDFI
Jurisdiction:
NY, NJ
Construction financing with permanent takeout - for extensive renovations (including EE retrofits) to occupied buildings.
Active or Closed Program?:
Active
Years Offered:
2008 - Present
Eligibility Criteria:
Naturally-occurring and subsidized affordable rental and cooperative housing with 5+units
Type of Financing:
Construction/Rehab
Loan Size Range:
Over $250,000
Type of Improvements Covered:
Energy efficiency, water conservation, renewable energy - including but not limited to air sealing/fire stopping; boilers; heating/hot water controls; showerheads, aerators and toilet; ventilation; lighting; energystar appliances; windows and insulation.
