The Community Preservation Corporation.The Community Preservation Corporation announced the following financing: * Bronx, NY: A construction loan of $5.523 million for the new construction of 14 2-family homes, totaling 28 units located in Baychester. * Brooklyn, NY: With CPC's construction loan of $15.62 million, an elevatored building containing 88 new condos in Greenpoint will be con structed. * Brooklyn, NYL NYL Nylon NYL New York Life NYL New York Liberty NYL New York Lottery NYL National Youth Leadership NYL MCAS Yuma (airport code) : CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. provided a construction loan of $11.9 million for the gut rehab of 37 condos in a 15-story building located Downtown. * New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY: CPC financed a construction loan of $6.35 million for the gut rehab of two Harlem buildings, which will provide 26 condos. * Ridgewood, NY: A construction loan of $4.4 million was financed by CPC for the gut rehab of a 3-story building, which will result in 24 condos. * Roosevelt Island NY: CPC closed on a Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. permanent loan of $22.5 million to refinance a cooperative's existing debt. The 29-year-old Mitchell Lama building contains 376 units and three wings. * Staten Island, NY: Construction and permanent financing Permanent financing Long-term financing using either debt or equity. permanent financing The long-term financing that supports a long-term asset. of $564,000 was provided for the new construction of a 2-story mixed-use rental building with one rental unit and ground floor commercial space. * Suffolk County, NY: CPC provided $2.78 million for the acquisition of eight private homes located in four neighborhoods in Suffolk County, Long Island. The homes will provide housing for 40 consumers who are mentally disabled mentally disabled See Cognitively impaired. and have achieved a functional level sufficient to live in the community. |
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