CPAR Intake Form

  • Capital Partnership for Affordable Renovation (CPAR) Intake Form

  • 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 CPC 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 CPC, 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 CPC's privacy policy. 


    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. 

     
     
     
     

  • Applicant Information

  • Format: (000) 000-0000.
  • Is your organization a Minority Women Owned Business Enterprise (MWBE)?*

  • Project Level Information

  • Is the building rent stabilized?*
  • If the building is rent stabilized, do all tenants in rent stabilized units have individual rent stabilized leases?*
  • Is the building current on its DHCR rent regulation?*
  • Known renovations needs:

  • Building Level Information

    Please provide for each property in the project
  • Other non-residential spaces:
  • Do you want to add an additional building?*
  • Other non-residential spaces:*
  • Do you want to add an additional building?*
  • Other non-residential spaces:*
  • Do you want to add an additional building?*
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  • Restrictions and Subsidy

  • Are there existing regulatory agreements or use restrictions?*
  • Source of regulatory restrictions:*
  • Restriction Start Date
     - -
  • Restriction End Date
     - -
  • Is this project receiving any rental subsidy?*
  • If so, what type?*
  • Are there existing property tax exemptions or abatments?
  • Does the property have any existing city deeds?

  • Existing Debt

    NOTE: HPD will require refinancing for all subordinate debt. HPD will not permit refinancing cash outs.
  • Is there existing debt on the project?*
  • Origination Date
     - -
  • Maturity Date
     - -
  • Fixed or Variable?
  • Is the loan in arrears?*
  • Is the loan in forbearance?
  • Do you make escrow payments as part of the loan's servicing?*

  • Municipal Arrears

  • Property tax arrears?*
  • Are you in a payment plan with the NYC Department of Finance for property tax arrears?*
  • Water / Sewer arrears?*
  • Are you in a payment plan with the NYC Department of Finance for water / sewer arrears?*
  • Emergency Repair Program (ERP) arrears?*
  • Are you in a payment plan with the NYC Department of Finance for ERP arrears?*
  • Are any of the buildings for which you are applying for a loan currently in any of the following HPD programs?

  • M&O and Operations Information

  • Attachments

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