Press releases

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Corinthian House, a senior development in southwest San Jose, Calif. This is the fourth community in the Bay Area for CPP, joining Franco Center in Stockton, and El Rancho Verde and Lenzen Square Apartments in San Jose. Built in 1982, Corinthian House is comprised of two elevator-served, three-story buildings on 1.75 acres. Located at 250 Budd Avenue in the Campbell neighborhood of San Jose, the 102-unit development consists of studio and one-bedroom apartments designated for seniors (62+) earning between 30 and 60 percent of the area median income (AMI) or below.

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, today announced the acquisition and planned renovation of Crestview Terrace, an affordable housing development in Ellensburg, Wash. Built in 1970, Crestview Terrace last underwent renovation in 2008, and has since experienced deferred maintenance. The development’s 168 units are spread across 76 single-story buildings, comprised of 95 one-bedroom units, 36 two-bedroom units, 26 three-bedroom units, and 9 four-bedroom units. The property is restricted to residents earning between 40% and 50% of the area median income (AMI). In addition to serving low-income individuals and families, the property serves a number of special needs groups including large families, persons with disabilities, and people experiencing homelessness.

20 homes ruined in fire to be restored by national affordable housing developer

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Elmore Roberts in Great Falls, Mont. This is CPP's third project in Great Falls, following its acquisition of Sunshine Village and Broadview Manor in 2023. Located at 6 6th Street S in the heart of downtown Great Falls, the property is a 60-unit family property comprised of 30 one-bedroom units and 30 two-bedroom units.

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Normandie Villas, an affordable housing complex in Los Angeles. The property is situated in the highly desirable Adams Normandie neighborhood of Los Angeles. This is the sixth community in the greater Los Angeles region for CPP.

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 the greater Los Angeles region for CPP.