Our Leaders: Dedicated to Creating Vibrant, Affordable Housing Communities

Paul P. Browne, Vice President of Real Estate, oversees CPDC’s real estate department, which currently consists of five full-time personnel and is responsible for all aspects of the company’s real estate development activities from project conception through completion. Trained as a lawyer, Mr. Browne helps CPDC arrange complex and creative legal and financial structures for CPDC’s transactions. Mr. Browne has personally managed the redevelopment of several of CPDC’s projects, taking them from initiation through construction. All of his projects have employed multi-layer financing, including conventional and tax-exempt bond hard-debt and CDBG and HOME cash-flow loans, 4% and 9% low income housing tax credits, and state and federal historic preservation tax credits. Mr. Browne is currently a member of the Board of Directors of AHOME (Affordable Housing Opportunities Means Everyone) and is a director of the Views At Clarendon Corporation.. Mr. Browne holds a BA and JD from the University of North Carolina and a Master of Urban and Environmental Planning from the University of Virginia.

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