The Community Preservation Corporation, a leading nonprofit multifamily finance company, announced that Sadie McKeown, Executive Vice President and Head of Construction Lending and Initiatives, has been promoted to President of CPC to work alongside CEO Rafael E. Cestero. McKeown’s promotion was effective immediately.
McKeown is a recognized leader in the industry and an expert in affordable housing, community development and sustainable housing. In this new role, she will lead the implementation of CPC’s strategic growth plan and the expansion of the company’s impact through its lending, equity, and impact investing activities, as well as overseeing its numerous initiatives. She will also continue to work closely with John Cannon, President of CPC Mortgage Company, the company’s Agency lending subsidiary to align all of CPC’s products and tools under the overall CPC brand.
“Sadie’s commitment to CPC’s mission is unwavering, and she has been ever willing to use her expertise and knowledge to push the company to take on new challenges in response to the evolving needs of the communities we serve,” said Cestero, CEO of CPC. “I can’t think of anyone better equipped to develop and drive a strategy for CPC’s ongoing growth and expansion of our impact.”