Michael D. Lappin, Founding Member

Michael D. LappinPast CEO and President of The Community Preservation Corporation (CPC) and CPC Resources Inc.  (1980 – 2011)

Led CPC to become New York State’s leading financer of affordable housing, having financed almost $8 billion for the building and redevelopment of over 140,000 homes.  Pioneered in establishing a $1.5 billion program with the New York City public employee pension funds and the New York State public pension funds to provide long-term, forward-committed fixed-rate financing for the rehabilitation and new construction of affordable rental projects.

CPCR’s development activities included the restoration of the 12,271-unit Parkchester housing complex in the Bronx; the entitlement of 2.8 million square feet for the 11 acre Domino site on Brooklyn’s waterfront for the development of a mixed- income, mixed-use community; and the development of over 100 buildings for low, moderate and middle income housing in New York City.

Deborah A. Widerkehr

Deborah A. Widerkehr

In her more than 25 years of affordable housing experience in both the public and private sectors, Debbie has led the development of more than 1100 housing units and the financing of thousands more.  Her work has included mixed-use projects, senior housing, home ownership, and the rehabilitation of distressed assets, involving virtually every stripe of public and private financing. Debbie’s career has included senior positions with CPC Resources, Inc. and the New York City Department of Housing Preservation and Development.  She holds a bachelor’s degree from Wellesley College and an MBA from Columbia Business School.