Protect your money

Beware of mortgage loan scams! Tips & Warning Signs

The Housing crisis is still not behind us  – many homeowners are struggling to keep up with their mortgage payments. It’s important to understand that there are free resources available to you – Too often, we see clients from Westchester and the Hudson Valley who seek free foreclosure prevention and loss mitigation counseling services after they have already paid thousands of dollars to a scam artist who has done little to help them while wasting a lot of critical time...

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What are your goals?

New Years' ideas for your business in 2016

The New Year is always a great point in time to look back and then start afresh – are you ready to make 2016 be the best year yet? Are you planning a whole list of resolutions for your business or just looking for small improvements? Here are a few suggestions to help you start the year off right. No time or energy to plan for an entire year? Try our initial “quick fixes” and just focus on them for...

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Community Capital's Entrepreneurial Pop Up Shop Encourages Residents to Buy Local

Dozens of Westchester residents stopped in to Community Capital New York’s Entrepreneurial Pop Up Shop last week to buy local for the holidays! Sponsored by Tompkins Mahopac Bank, the event, held at small business loan client Ground Floor Co-working in New Rochelle, featured more than a dozen small business loan clients of the nonprofit microfinance lender, from Posh Pretzels selling chocolate-covered treats that made the Oscar Swag bags last year to the Photo Booth, whose fun event pix are a...

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43 Ashburton Opens in Yonkers!

Community Capital was on hand to celebrate the opening of 43 Asburton. The Community Builders, a community partner of Community Capital New York, revitalized a run down school into modern, safe and affordable housing, retaining the unique architectural arch that made it a local landmark. NY State Assemblywoman Andrea Stewart Cousins, Yonkers Mayor Mike Spano, City of Yonkers Councilperson Christopher Johnson, James Rubin, Commissioner/CEO of NY State Homes and Community Renewal for the Mid-Hudson Regional Economic Development Council, NY Assemblywoman...

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Anthony Owen and Kim Key Bank

KeyBank Joins Community Capital and JP Morgan Chase’s Newburgh Housing Remediation Fund

Contributing $2,500 to help capitalize a Feasibility Fund for lead and asbestos testing to address the biggest barrier to redevelopment Newburgh – Community Capital New York, Inc. and KeyBank have partnered to launch the Newburgh Housing Remediation Fund, a loan fund designed to increase the supply of safe, affordable homes for families in targeted locations in the City of Newburgh as part of a broad community development effort. The Newburgh Housing Remediation Fund has two components: a Feasibility Fund which...

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community capital grant

$2 million up for grabs for Hudson Valley businesses

BEACON — Small businesses in the Hudson Valley can look forward to a new $2 million fund for microloans. Money from Community Capital New York can make a huge difference to a little enterprise. Just ask Ernie Molina. Molina and his wife, Mary, began their business, Lola Granola, named after their daughter, several years ago when they’d hit hard times financially. The Bedford Hills couple got a loan from the Community Capital nonprofit and parlayed that into a business that...

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Community Capital New York and JP Morgan Chase Celebrate Urban Renewal and Revitalization Fund

$175,000 Finances Development of Affordable Homes through lead and asbestos remediation addressing the biggest barrier to redevelopment  September 21, 2015    Newburgh – Community Capital New York, Inc. and JP Morgan Chase have partnered to launch the Newburgh Housing Remediation Fund, a loan fund designed to increase the supply of safe, affordable homes for families in targeted locations in the City of Newburgh as part of a broad community development effort. A $150,000 grant from JP Morgan Chase catalyzed the...

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914 Inc.

Community Capital Wins Small Business Award

We are proud to announce that Community Capital was chosen as a winner in the “Outstanding Advocate for Small Business” category of this years 914INC.‘s small business awards! Congratulations to all the other deserving small businesses and organizations, which includes the Sunny Cover, Owner and CEO of the Peekskill Coffee House, a former Community Capital New York loan client. The actual story: An Ethiopian restaurant in Mount Kisco. A hockey store in Yorktown. A therapy program for autistic Westchester children. A...

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Community Impact
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Community Capital on ABC!

CommunityCapital New York’s Vice President of Lending, Simone Obermaier, and loan client Mercedes Nunez, were guests of ABC’s El Tiempo Spanish programming show hosted by Westchester resident Joe Torres! Mercedes, as CEO and Founder of Palisades Cleaning Service, was the first recipient of a small business loan from Community Capital’s CFA Award, the Million for Main Street Fund, and has since doubled her employees from 17 to 35, and provides residential and commercial cleaning teams in six states. Print Friendly

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The Peekskill Coffee House: Sunny Cover

The Peekskill Coffee House: Sunny Cover

The place to converge in Peekskill is its eponymous coffee house. With coffee bean bags hung around the tin ceiling, vintage fashion and art on the walls, message boards, t-shirts and other merchandise that would make any hipster proud, Peekskill Coffee House is definitely connected to the young and cool community. It gives Moms and commuters an urban outlet. Along with a cup of coffee and a panini, which can be enjoyed in and out of doors, are live performances...

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