The Community Preservation Corporation is a private, nonprofit corporation sponsored by more than 90 commercial banks, savings institutions and insurance companies. Sponsors contribute capital, participate in lending activities and provide governance to CPC by sitting on the board, the mortgage committee and other policy-making bodies. CPC is a nationally recognized leader in helping developers finance and build affordable multi-family housing. CPC s mission is to stabilize, strengthen and sustain low and mixed income communities. Each financing project CPC undertakes reflects its commitment to help developers succeed at strengthening communities. CPC serves as a borrower s ally guiding the project from deal inception to project completion. Throughout the process of developing or rehabbing a property, CPC provides useful technical assistance. CPC provides funding throughout New York and New Jersey.