Community Preservation Partners
A WNC company dedicated to preservation & rehabilitation
Assisting in new development of affordable housing is just one part of the puzzle. WNC is also focused on preserving developments. To this end, we created Community Preservation Partners, a WNC partner company that helps us maximize our effectiveness in the growth and strengthening of affordable housing in the United States.
CPP’s mission is to revitalize and protect the nation’s affordable housing stock by recapitalizing and rehabilitating at-risk properties utilizing the low-income housing tax credit (LIHTC) to ensure long-term stability for residents. We are here to deliver practical, scalable solutions to the complex challenges faced by housing authorities, nonprofits, and mission-aligned investors.
How CPP Can Help
Versatile And Value-Added
Community Preservation Partners’ mission is to revitalize and protect the nation’s affordable housing stock—recapitalizing and rehabilitating at-risk properties to ensure long-term stability for residents. We provide practical, scalable solutions to the complex challenges faced by housing authorities, nonprofits, and mission-aligned investors.
We play a variety of roles in community preservation and rehabilitation.
Buyer
Purchasing the property or interests from owners seeking an exit strategy for their investment.
Developer
Taking on the financial risk for the owner, navigating the project through the various regulations and state agencies, ensuring a successful transaction, and delivering a renovated and recapitalized asset to the owner.
Consultant
Offering advice on recent changes affecting low-income housing tax credits while providing detailed cost analysis, financial pro forma’s, debt and equity structuring and other financial services.
Why Work With CPP?
Enduring Partnerships
Building affordable housing is a complex business. Our clients require an equity partner who understands the intricacies of these transactions. They also need a partner with the flexibility and leadership to close the deals. We offer both, which is why developers choose to partner with us again and again.
Industry-Leading Capabilities
Over the years, we’ve invested in every type of affordable housing property, helping our partners finance their projects using a wide range of tax credits and debt structures. It’s this extensive experience that allows us to provide developers with one of their most valued assets: predictable closings.