Listen "The Lending Market's Impact on Community Development | Sadie McKeown"
Episode Synopsis
Sadie McKeown, president of Community Preservation Corporation (CPC), joins us to discuss the unique mission and impact of her organization. She discusses how CPC has been able to access different types of capital, including sustainability bonds, to continue providing financing to underserved communities. Listen as she talks about their focus on affordability across a spectrum of income levels, as well as their commitment to transitioning to a clean energy economy and closing the racial wealth gap through supporting participation in accumulating wealth. A seasoned leader with 30 years of history at the company, Sadie is President of The Community Preservation Corporation (CPC). In this capacity, she leads the development and implementation of CPC's growth strategy and oversees all of the company's field offices, its construction lending initiatives, and its equity and impact investing platforms. Sadie also works to align climate and affordability in the multifamily space as a board member of the New York State Housing Finance Agency, New York State Energy Research and Development Authority (NYSERDA), and New York City Energy Efficiency Corporation (NYCEEC). [00:00 - 11:39] The Essence of Affordable Housing and Community Involvement Creating CPC for construction loans and boosting the economy in NYC and beyond The aim of preserving the affordability of real estate and homeownership Intentionally addressing the racial wealth gap by encouraging involvement [11:40 - 38:24] Closing the Racial Wealth Gap through Sustainable Support Sadie explains the operations, initiatives, and collaborations within CPC Supporting the communities to participate in wealth accumulation The climate aspect of real estate - the aim towards a clean energy economy [38:25 - 39:39] Closing Segment Be part of the community at https://communityp.com/! Connect with Sadie! Website: https://communityp.com/ Resources Mentioned Untamed by Glennon Doyle Quote: "We're now very intentionally reaching to bring brown, black people from the community into the real estate world and get them to own and operate real estate, and then, you know, achieve the wealth that comes along with it." - Sadie McKeown Visit our website www.reiturn.com to learn more about high-quality, recession-resistant assets for the everyday investor. LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, YouTube, or whatever platform you listen on. Thank you for tuning in, and Stay Tuned for the next episode COMING SOON!
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