Graduate Intern - Climate Finance (CPC Climate Capital) at CPC Climate Capital (subsidiary of The Community Preservation Corporation)

About Us: 
The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974. 

Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across New York State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy. 

As a member of our team, you'll have the opportunity to work on impactful projects that make a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration. 

About CPC Climate Capital: 
CPC Climate Capital, a subsidiary of The Community Preservation Corporation (CPC), provides innovative financing solutions for new construction and retrofits that support high-performance multifamily housing in communities nationwide. The goal is to make housing more energy efficient, more resilient to extreme weather events and rising insurance costs, and healthier for residents.  

CPC has a 17-year history as an industry leader in the financing of sustainable, energy efficient multifamily affordable and workforce housing. To date, CPC has deployed more than $2.5 billion to finance more than 14,000 energy efficient and high-performance affordable homes. 

For more information, please visit us at CPCClimateCapital.com

Role Summary:
CPC Climate Capital is seeking a current graduate student intern with a strong interest in climate finance, sustainable real estate, or impact investing. This role will support financial modeling, investment analysis, and research related to innovative capital strategies for decarbonizing multifamily housing.

What You'll Do:

• Assist in building and maintaining Excel-based financial models for multifamily housing investments.
• Assist in developing and maintaining fund-level financial models to support the design, structuring, and performance forecasting of alternative credit vehicles focused on energy and resilience upgrades in multifamily housing.
• Assist in structuring and evaluating projects to enable energy and resilience upgrades.
• Support the preparation of investment memos, market research, and impact reporting materials.
• Help analyze property-level data, including rent rolls, operating statements, and capital improvement plans.
• Collaborate with cross-functional team members on special projects related to fund design, market development, and product development.

Skills and Experience:

• Currently enrolled in a graduate program (e.g., MBA, MPA, M.S. in Climate Finance, Sustainability, Urban Planning, or related field).
• Strong interest in climate finance, sustainable housing, or impact investing.
• Demonstrated proficiency in Excel; experience with financial modeling is a plus.
• Experience with real estate underwriting, climate-aligned investment platforms, or alternative credit financing tools preferred. 
• Knowledge of multifamily housing finance preferred. 
• A self-starter, with the ability to take ownership and accountability of tasks.
• Detail-oriented, with the ability to think outside of the box and creatively problem-solve
• Demonstrated ability to work effectively as a member of a team.

This is a part-time, hybrid intern program where you will work from our New York City office ideally 1 - 2 days a week. We’re also open to remote candidates located in the Washington, D.C. area, with periodic travel to our Manhattan office as needed. $22 / hour pay rate, up to 20 hours / week through May 2026.

The Community Preservation Corporation is an Equal Opportunity Employer and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.

#LI-DNI