Community Partnership Development Corporation

Cpdc is a not-for-profit local Development Corporation incorporated in the state of new york, it is a certified Community Development financial institution ("cdfi"). Cpdc administers loans to help cover certain Development costs incurred in developing housing on various sites located throughout new york city. Cpdc administers the cpdc new york city department of housing preservation and Development (hpd)/urban Development action grant (udag) loan fund to help small, minority owned and women owned builders cover Development and predevelopment costs, its own seed loan fund and seed loans from the new york state division of housing and Community renewal ("dhcr") to support the predevelopment work of housing sites. In 2009, cpdc was designated a Community housing Development organization ("chdo"). This designation enables it to access funding through the division of housing and Community renewal. These funds flow through cpdc as intermediary to designated organizations.