CPP Housing Expands Portfolio to Arizona With Completion of Three Affordable Housing Communities
Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, today announced completed renovations on three family-focused communities in Arizona: Buckeye Villa (Buckeye), Morningside Villa (Phoenix) and Tempe Villa (Tempe). CPP acquired the HUD Section 8 properties in February for $30 million, bringing them into the low-income housing tax credit (LIHTC) […]
Community Preservation Partners (CPP) Appoints Belinda Oakes as New Chief Financial Officer
Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, today announced the appointment of Belinda Oakes as chief financial officer. Oakes will be responsible for the development, oversight and maintenance of financial policies and accounting systems and functions, ensuring proper financial controls are in place. Working closely with various divisions throughout […]
CPP Housing Undergoes $46.3 Million Affordable Housing Project in Raleigh, North Carolina
Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, today announced the acquisition of Chandler Ridge Apartments, a 228-unit mixed-income community in Raleigh, North Carolina for $26 million. Purchased with 4% low-income tax credit equity, the deal preserves affordability for those earning 60% AMI or lower for an additional 30 […]
CPP Housing Closes on Third New Mexico Portfolio, Providing Much-Needed Refinancing and Rehabiliation to 20 Rural Communities
Community Preservation Partners (CPP Housing), a national affordable housing developer committed to creativity, performance and purpose, today announced the closing of six rural communities in Central New Mexico. This marks the final installment in a total grouping of 654 units in 20 properties across 10 counties in the state that began in 2019. CPP serves […]
Community Preservation Partners Debuts Refreshed Brand with Focus on Corporate Mission, Vision and Values; Anchors Organizational Identity for Next Phase of Accelerated Growth
Community Preservation Partners (CPP Housing), one of the nation’s most active preservation developers, today announced its brand relaunch, including a new logo, messaging platform, visual identity and revamped website. Positioned with the new tagline, “Creativity. Performance. Purpose. A Different Way to Home.,” the new branding underscores CPP’s mission of revitalizing, rehabilitating and preserving affordable housing communities across […]
CPP Hires Tom Gibson and Michael Anderson in Virginia to Support East Coast Growth
National affordable housing authority Community Preservation Partners has hired two affordable housing specialists, Tom Gibson and Michael Anderson, to support the growth of its East Coast division and the company’s efforts to obtain and preserve affordable communities across the United States. Gibson joins the firm as senior development manager and Anderson joins as senior acquisitions […]
CPP Expands East Coast Portfolio, Bolsters Team with Emerging Affordable Housing Leaders
Community Preservation Partners (CPP Housing), the nation’s third most active preservation developer, today announced the addition of two affordable housing specialists, Tom Gibson, senior development manager, and Michael Anderson, senior acquisitions associate, to support the growth of its East Coast division and the company’s dedicated efforts to obtain and preserve affordable communities across the United […]
CPP Expands East Coast Portfolio, Bolsters Team with Emerging Affordable Housing Leaders
Community Preservation Partners (CPP Housing), the nation’s third most active preservation developer, today announced the addition of two affordable housing specialists, Tom Gibson, senior development manager, and Michael Anderson, senior acquisitions associate, to support the growth of its East Coast division and the company’s dedicated efforts to obtain and preserve affordable communities across the United […]
CPP Acquires Affordable Housing Community in Sacramento
Community Preservation Partners (CPP) is investing $9.5 million to preserve an affordable housing community in Sacramento, California. The national affordable housing developer announced that it has acquired Grand Ave Villa in the city’s Del Paso Heights neighborhood. Built in 1974, the 18-unit apartment complex is CPP’s smallest holding and its first community in Sacramento. CPP […]
CPP Housing Invests $9.5 Million to Preserve 18-Unit Affordable Community in Sacramento
Community Preservation Partners (CPP Housing), a national affordable housing developer committed to creativity, performance and purpose, today announced the acquisition of Grand Ave Villa in Del Paso Heights. Built in 1974, the 18-unit apartment complex is CPP’s smallest holding and its first community in the city of Sacramento. CPP plans to invest $9.5 million in […]