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Michael Lappin is an accomplished Senior Executive, Consultant, and Board Member with more than 45 years of success across affordable housing, real estate, non-profit management, financial services, community development, and management consulting areas. Leveraging extensive experience in Federal, State and local housing financing programs, he is a valuable advisor for an organization seeking to provide creative affordable housing solutions. His broad areas of expertise include business development, organizational leadership, regulatory compliance, and governance.
Michael formed MLappin & Associates LLC in 2013 to provide consulting and development services for affordable housing. http://lappinassociates.com/
Previously, he led The Community Preservation Corporation, and CPC Resources, Inc. for over 30 years. Under his tenure, CPC and its subsidiaries financed or developed almost 145,000 units of residential housing in New York, New Jersey and Connecticut. The housing incuded rental and special needs housing as well as condominiums and cooperatives in emerging markets. These developments ranged from tenant-in-place rehabilitation to renovation of vacant buildings and new construction. Under his leadership, CPC renovated the 12,271 residential units at Parkchester in the Bronx, the nation's largest privately-owned residential complex. While at CPC, he pioneered an investment program by New York City and State public pension funds in affordable housing.
Michael has written extensively about affordable housing and has lectured at a number of leading universities. A number of his articles are attached here.
"We Have all the Ingredients We Need to Get Cooking on Senior Housing," Crains NY Business, January 14, 2019
NYC Department of Housing Preservation and Development Annouces Development Plans
"Brownsville Tenants Team with Developers to Change Lives," NY Daily News, February 25, 2011
"Puerto Rico Aims to Solve its Affordable Housing Crisis," Wall Street Journal, January 5, 2016
"Earning a Profit while Improving Energy Efficiency," NY Times, November 18, 2009
"$1.4Billion Development of Sugar Factory in Brooklyn," NY Times, June 30, 2010
"Housing Group Develops For-Profit Apartments," NY Times, February 23, 2002
February 2012 - Present
MLappin & Associates LLC
April 1980 - December 2011
The Community Preservation Corporation and CPC Resources, Inc.
Company or executive-specific business strategy
Due diligence on a significant business purchase
Bringing new financial resources to community development
Lead legislative, regulatory and policy initiatives on the Federal, State, and Municipal levels
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