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NYS Comptroller


Affordable Housing Program

The Common Retirement Fund (Fund) invests in new and revitalized housing for moderate- and low-income families through the Community Preservation Corporation (CPC). The program also supports housing for senior citizens and those with special needs.

  • As of July 2014, the Fund has purchased 440 mortgages (16,965 units) valued at $665.5 million.
  • In April 2014, Comptroller DiNapoli invested $200 million for statewide CPC projects expected to finance about 3,500 units of affordable housing over the next three years.

Richard Conley
Community Preservation Corporation
(212) 869-5300, ext 113