The New York City Department of Housing Preservation & Development’s ("HPD") CPAR loan program is a low-interest loan program for multifamily building owners requiring moderate rehabilitation work. On behalf of HPD, participating Lenders will evaluate projects for eligibility and feasibility, conduct all underwriting and other analyses, and prepare the necessary documentation for submission and approval by HPD. HPD will review the loan packages for compliance, conduct certain due diligence and ensure all necessary approvals, for the Lender to close the loan.
This application form captures preliminary information for a borrower seeking a loan through HPD's CPAR program. Before proceeding, we recommend that applicants read the online Term Sheet for more information about program qualifications and requirements.
Terms and Conditions: Submitting an application does not guarantee you will receive a loan. Additional documentation will be required for due diligence, as required by LISC and HPD. This may include a background search that we will conduct and submission of additional information to include verification information such as SSN, TIN/ITIN, EIN, W- 9 and appropriate banking information in order to receive funds via ACH if approved.
Privacy: Information provided through the application process is the responsibility of each applicant.
Applications submitted to the portal remain confidential to the general public and any fellow applicants. Applicants will not hold LISC, its affiliates, members, partners, and staff liable for any losses, damages, costs, or expenses, of any kind relating to the use or the adequacy, accuracy, or completeness of any information loaded in the form. For further information please see LISC’s privacy policy. Data entered on this secure form utilizes FormAssembly. More info.
Submission Guidance: It is recommended that before completing and submitting the online form, respondents save their answers in a separate backup document, as your work may not be saved if you leave the web page before submitting the application. You may also lose your work if your internet is disconnected, or as a result of other potential web browser issues. We cannot accept changes to your application once it has been submitted, so please review it carefully.
You will see a confirmation page after successful completion of this application.