Community Preservation Partners Expands Multifamily Portfolio With Completion of Three Arizona Affordable Housing Communities
IRVINE, CA - 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) program and deepening the affordability for another 20...