Community Preservation Corp, founded in 1974 and headquartered in New York City, is dedicated to fostering economic development through affordable housing initiatives. The company provides financing solutions, including bridge loans and rehabilitation financing, to bolster the preservation and creation of affordable housing across underserved communities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| THECPC 2.87% 2030-02-01 USDCommunity Preservation Corp | United States | 2030-02-01 | 2.867 | 4.24 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Community Preservation Corp has positioned itself as a key player in the bond market, having first issued bonds in the early 2000s to support its housing projects. Noteworthy issuances include a significant $100 million bond in 2020 aimed at funding energy-efficient housing enhancements, reflecting the growing trend towards sustainability in real estate. As of now, current yields for their bonds are competitive against industry averages, and they offer unique features such as tax advantages for investors, enhanced liquidity provisions, and a strong track record of supporting community-focused projects.