Community Preservation Corporation celebrates major milestone

CPC’s $1 billion lending and investing include 144 transactions totaling 9,638 units across 18 states. The company said the investment also represented an increase in revenue across its business lines: $412 million in construction lending originations, $560 million in agency mortgage originations, $33 million in permanent lending originations, $25 million in real estate equity investments, and $3.5 million in investments through CPC’s mission-focused Impact Investing platform.

“Every dollar of that $1 billion represents a commitment to getting out into communities, making new partnerships, and finding new ways that CPC can make a difference,” CPC president Sadie McKeown said. “We’ve grown and diversified the company through our traditional lending and investing, as well as through initiatives like ACCESS, Sustainability, and Connections that focus on equity, knowledge sharing, and philanthropy. My thanks to our team at CPC, to our investors, government partners, and industry peers who are all a part of our success.”