New York—The Community Preservation Corporation (CPC), a mortgage lender for multifamily affordable housing, announced today the appointment of Felice Michetti to its board. An established leader in affordable housing, Michetti is currently chairperson and CEO of Grenadier Realty Corp.
Prior to joining Grenadier, Michetti devoted more than 20 years to public service. Beginning her career in NYC government as a city planner, she later moved to the NYC Department of Housing Preservation and Development, where she quickly rose through the ranks, holding successively senior level positions culminating in her appointment as commissioner. As housing commissioner, Michetti was responsible for developing and implementing NYC’s unprecedented $5.1 billion Ten Year Housing Program. This nationally acclaimed initiative successfully refocused the City’s housing efforts from a historical reliance on federal programs to the creation of the largest locally funded and administered housing program in the nation. She has also served as President of the NYC Housing Development Corporation. A summa cum laude graduate of Fordham University and the Fordham University School of Law, she is an attorney and admitted to the New York Bar.