CPC Mortgage Company, a national Agency mortgage lender that focuses on social impact and nonprofit mission in the mortgage lending industry, has appointed Nicole Ferreira as its new president. In her role, Ferreira will be responsible for providing flexible mortgage capital to communities to expand and preserve affordable and workforce housing.
John Cannon, who had been serving as CPC Mortgage Company’s president since 2019 when it was founded, will retire at the end of 2023 fiscal year in June. Prior to joining CPC Mortgage Company ,Ferreira held executive vice president of development position at Beacon Communities where she managed development of affordable housing throughout New York State and Connecticut.
“Given the current nationwide crisis with regards to both availability & affordability of housing units it is imperative that we have someone focused on providing flexible mortgages capital for owners & operators within communities which need them most,” said Ferreira .
