Kim Jacobs Announces Her Retirement

January 28, 2021 As we look to a new year, we often look back, reflecting on the past and looking forward, anticipating the future.  This year, this moment has special resonance for me as 2021 marks the start of the final months I will spend as President of Community Capital New York. My formal retirement…

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Negotiating with Your Landlord During COVID-19

One of the biggest expenses many small businesses face during this unprecedented time is the cost of rent and space. In the face of the current health crisis and resulting economic tsunami, many businesses will need to renegotiate their rent to survive. If you are in that situation, be sure to be prepared. We have…

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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,…

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MidHudson News Covers Newburgh Remediation Housing Fund

NEWBURGH – Community Capital New York and local elected officials announced the acquisition of $175,000 in funds for urban renewal and revitalization in Newburgh. Community Capital New York is a not-for-profit organization that helps local developers revitalize local urban centers in the Hudson Valley. Funding was awarded specifically for the purpose of lead and asbestos…

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Community Capital Celebrates Revitalization, Opportunity in Poughkeepsie

$100,000 Loan Backs Rehab of Abandoned Home by YouthBuild Students  Community Capital New York, Inc., the non-profit community lender serving the lower Hudson Valley, celebrated the transformation of a blighted property into a newly renovated, energy efficient house at 206 Winnikee Avenue on Monday along with U.S. Senator Kirsten Gillibrand, U.S. Congressman Sean Patrick Maloney,…

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Community Capital New York Adds Six to the Board of Directors

      Hawthorne – Francisco Branco, District Manager for Wells Fargo Bank; Anna Georgiou, Of Counsel with McCarthy Fingar LLP with a concentration in real estate development; Robert Greene, founder and General Partner in the real estate development firm G.S. Associates; Sadie McKeown, Chief Operating Officer and Executive Vice President at The Community Preservation…

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Community Capital New York Celebrates Groundbreaking of 188 Warburton Avenue

Community Capital New York celebrated the ground breaking of the $27 million second phase of the redevelopment of the city’s Cottage Place Gardens housing project in southwest Yonkers yesterday.  The new 62,000 square foot energy efficient building will be located at 188 Warburton Avenue and contain 51 affordable rental apartments. The Community Builders, Inc. received…

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