CPP’s Four-Community Revitalization Transforms Areas of Neglect

Community Preservation Partners (CPP) recently completed four projects in Los Angeles County: Golden West Tower Apartments in Torrance, Village Pointe in Lancaster, Kernwood Terrace Apartments in East Los Angeles and Douglas Park Apartments in Compton. CPP invested more than $242 million in two years within the 513 units to renovate and deliver amenities typical of market-rate communities.

The affordability restrictions for all four properties have been extended by 55 years, while interior and exterior features were updated and where feasible, sustainability and ADA features were added.

“Los Angeles historically has struggled to provide enough housing for low-income earners due to the high cost of land and materials, making it essential to prioritize preservation projects, not just new development,” said Anand Kannan, president of CPP. “The revitalization of these four communities has transformed areas of neglect into safe, stable and quality living communities, where residents are engaged and proud of the place they call home.”