Dealmakers: CPDC Announces Completion of the Redevelopment of The Larkspur The Community Preservation and Development Corporation (CPDC) announced on Oct. 30 the completion of the redevelopment of The Larkspur, a 76-unit affordable housing community in Arlington County, Va. READ MORE Dealmakers: CPDC announces completion of the redevelopment of The...
More Affordable Housing Comes to Arlington Community Preservation and Development Corporation (CPDC) is working to provide more affordable housing in the county. CPDC recently completed a $26 million redevelopment of The Larkspur rental community to provide homes for county residents on the lower range of the income scale. READ MORE More affordable housing comes...
Social-Purpose Equity Trust Expands Its Activities The Housing Partnership Equity Trust (Equity Trust) has kicked its activity into high gear by finalizing finance for the purchase of 300-unit Woodmere Trace apartments in the Norfolk/Hampton Roads area by the Community Preservation and Development Corp. (CPDC). READ MORE Social-Purpose Equity Trust...
Norfolk Native’s Company Announces $20 Million Investment for Workforce Housing CPDC has publicized its investment in the Woodmere Trace apartment community. The community will focus on families who earn too much to qualify for housing subsidies. To date, there are few nonprofit real estate developers of scale in Norfolk...
Workforce Housing Planned for Complex in Norfolk CPDC plans to renovate the Woodmere Trace apartment complex in Norfolk in which they have newly invested $20.7 million. Renovations planned for the 37 buildings include new kitchens, bathrooms, air conditioning and heating systems, etc. READ MORE Workforce housing planned for complex...