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CPDC Acquires Norfolk Apartment Communities for $20M

CPDC Acquires Norfolk Apartment Communities for $20M CPDC’s acquisition of Woodmere Trace, a 300-unit workforce housing property in Norfolk, represents the DC nonprofit’s entrance into the Hampton Roads market. The deal is being financed through the Housing Partnership Equity Trust, or Equity Trust, a social-purpose REIT created to increase

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CPDC Makes $20.7 Million Investment in Norfolk

CPDC Makes $20.7 Million Investment in Norfolk CPDC announced a $20.7 million investment in the acquisition a 300-unit housing community in Norfolk, VA. Woodmere Trace, a workforce community, will be fully renovated with completion by the end of 2014. READ MORE CPDC makes $20.7 million investment in Norfolk, Wavy.com,

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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 announced a $20.7 million investment Tuesday in the acquisition and renovation of Woodmere Trace. This acquisition aligns with CPDC’s strategic plan to expand into Hampton Roads, Richmond, and Baltimore. READ MORE Norfolk Native’s Company Announces $20 Million Investment

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Amid Change, Affordable Housing Revitalizes Parts of Ward 5

Amid Change, Affordable Housing Revitalizes Parts of Ward 5 Amid change and extensive development plans envisioned for Ward 5, several organizations are concerned with preserving and expanding the availability of affordable housing in the area. Fortunately, several organizations, such as CPDC, have had success developing affordable housing in Ward

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Renovated Complex Provides Sustainable, Affordable Housing

Renovated Complex Provides Sustainable, Affordable Housing In Fairfax County, VA home values have been rising and rents have outpaced household incomes, causing an affordable housing crunch. CPDC, a non-profit organization committed to the redevelopment and preservation of affordable housing, recently completed a renovation of the only dedicated-affordable housing community

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