CDP Development LLC
CDP Development LLC is dedicated to revitalizing aging affordable housing communities through thoughtful renovations that preserve long-term affordability while fostering a renewed sense of pride among residents. Their projects, including Meadows Court and Holly Lane in Vacaville, California, provide essential housing for families earning 50-60% of the area's median income, enhancing community interaction and outdoor activities.
With a total development cost of $17.8 million, the company successfully completed the project in 2018, featuring a mix of 82 units, including one-bedroom flats and two-bedroom townhomes. CDP collaborates with experienced partners and utilizes a complex financing model to ensure the sustainability and progression of affordable housing initiatives.
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