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Edgewood Community Embraces First One Edgewood Campaign Event

Edgewood Community Embraces First One Edgewood Campaign Event By Khyati Desai-Seltzer, Regional Resident Services Manager On September 7, 2013, a team of Edgewood Terrace resident leaders, with support from CPDC Resident Services Manager Yerodin Avent, held the first “Music in the Gardens” community event. The event was one in a...

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Social-Purpose Equity Trust Expands Its Activities

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...

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Norfolk Native’s Company Announces $20 Million Investment for Workforce Housing

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...

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Workforce Housing Planned for Complex 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...

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CPDC Makes $20.7 Million Investment in Workforce Housing in Norfolk, VA

CPDC makes $20.7 million Investment in Workforce Housing in Norfolk, VA CPDC President and CEO J. Michael Pitchford to lead organizational expansion into the Hampton Roads market WASHINGTON, D.C., September 10, 2013 – Community Preservation and Development Corporation (CPDC), a premier nonprofit real estate developer in the mid-Atlantic region,...

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