Who Qualifies for Affordable Housing?

In California, the cost of housing is among the highest in the country, making affordable housing essential for many working families. The Area Median Income (AMI) is used to determine eligibility for many publicly-funded affordable housing programs, particularly through the Low-Income Housing Tax Credit (LIHTC). According to the Department of Housing and Urban Development (HUD), […]

Community Preservation Partners Announces Leadership Promotions to Drive Continued Growth and National Expansion

Community Preservation Partners (CPP), a mission-driven developer dedicated to preserving and creating affordable housing, today announced the promotion of two seasoned leaders who will help guide the company’s national growth and its commitment to delivering high-quality communities across the country. John Fraser has been elevated to Senior Vice President of Development, while Bobby Syharath has been […]

What Is Affordable Housing and Why Does It Matter?

Affordable housing refers to housing that is reasonably priced, allowing low- and moderate-income individuals or families to live comfortably without spending an excessive portion of their income on housing. Typically, the standard guideline is that housing costs, including rent and/or mortgage payments and utilities, should not exceed 30% of a household’s gross income. Affordable housing […]

CPP & Beacon Communities Announce Acquisition of Brewery Square Apartments in New Haven, Connecticut

Community Preservation Partners, a mission-driven affordable housing preservation developer, and Beacon Communities, one of the nation’s leading affordable housing development and management companies, have announced the acquisition and planned rehabilitation of Brewery Square Apartments in New Haven, Connecticut. This is the second community for CPP in the Fair Haven neighborhood, following the recent completion of […]

CPP Announces Acquisition of St. Anthony Plaza Apartments in Albuquerque, New Mexico

CPP, a mission-driven affordable housing preservation developer, in partnership with Housing New Mexico, Bernalillo County, Near North Valley Neighborhood Association, and the City of Albuquerque, has announced the acquisition and planned renovation of St. Anthony Plaza Apartments, an affordable housing complex in Albuquerque, N.M.. This is the 39th community in New Mexico for CPP. St. Anthony […]

CPP Announces Acquisition of Ramona Park in Los Angeles County

CPP, a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Ramona Park, an affordable housing complex in Baldwin Park, Calif. This is CPP’s fourth project in the Los Angeles area in the past year. Ramona Park is located at 13870 Ramona Boulevard in Baldwin Park, approximately 15 miles east of […]

CPP Announces Acquisition of Sundance Apartments in Bakersfield, Calif.

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, in partnership with Bettencourt Properties and The Beneficial Housing Foundation, has announced the acquisition and planned renovation of Sundance Apartments, an affordable housing complex in Bakersfield, Calif. This is the first community in Bakersfield for CPP. Sundance Apartments is located at 6000 White Lane in the […]

CPP Announces Acquisition of MCA III Apartments in Los Angeles

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of MCA III Apartments, an affordable housing complex in Los Angeles. The property is situated in the highly desirable south-central region of Los Angeles, which has a significant demand for affordable housing. This is the seventh community in […]