Community Preservation Partners (CPP)

About Community Preservation Partners (CPP)

Community Preservation Partners (CPP) is a real estate operator. Community Preservation Partners (CPP) operates in Los Angeles, California (LA), Richmond, Virginia and Rochester, New York. Its investment focus is on Affordable Housing, LIHTC and Senior Housing.

Community Preservation Partners (CPP) was founded in 2004 as the development arm of WNC & Associates. Over approximately 17 years, CPP expanded its portfolio by 450%, bringing the total to more than 11,000 low‑income housing units across the United States. CPP has invested over $2 billion in affordable housing acquisition and rehabilitation since inception. It operates across at least 21 states, serving more than 58,000 residents, creating nearly 44,800 jobs, and generating an economic impact of $3.5 billion, with total investment reaching $4.5 billion. The company focuses on preserving and creating affordable multifamily housing, including senior housing, family communities, mixed‑use, and mixed‑income projects. It emphasizes long‑term ownership and revitalization through renovations and social support and has executed large-scale rehabilitation projects such as the 700‑unit El Rancho Verde complex in San Jose, California (purchased for $370 million with $50 million in upgrades).

Principals at Community Preservation Partners (CPP)