Cpdc: Developer Lines Up $30M Financing Package for Richmond, Va. Senior Housing Project

Community Preservation and Development Corporation (CPDC), a nonprofit real estate developer, has arranged $30 million in financing to fund its Richmond, Va. affordable housing project that will include apartments for senior citizens, the Silver Spring, Md.-based company announced. CPDC sewed a complex patchwork of government incentives and private debt to fund the project, which was [...]