Press releases

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.

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of Canoga Park Apartments, an affordable housing development in Los Angeles, Calif. This is the fifth community in the greater Los Angeles area for CPP and the 60th in the state. Built in 1983, Canoga Park Apartments is comprised of 14 walk-up units across three stories, the first of which is tuck-under parking. Located at 6824 Winnetka Ave in the Canoga Park neighborhood of Los Angeles, the 14-unit development consists of 12-two-bedroom units and 2-three-bedroom apartments designated for individuals and families earning 60 percent of the area median income (AMI) or below.

CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Green Hotel Apartments, an affordable senior (62+) apartment complex in downtown Pasadena, Calif. This is the 15th community in the greater Los Angeles area for CPP and the 41st in the state. Built in the 1890s, Green Hotel Apartments is listed on the National Register of Historic Places and is a Pasadena Historic Monument. Located at 50 E. Green Street, the 139-unit property is a seven-story mix of studio and one-bedroom units serving seniors earning between 30 and 60 percent of the area median income (AMI).

Planned revitalization of 138-unit community supports access to housing for seniors

Move positions company for rapid growth in eastern U.S.

Transaction extends affordability for the 256 units for 55 years.

4% LIHTC transaction adds 37 affordable units to heavily supply-constrained market

Planned revitalization of 176-unit community supports access to housing for families in a high-cost market