CAPC works to stabilize neighborhoods that are impacted by foreclosure and abandonment. Investments are made through CAPC’s three lines of business. Learn more about each sector of CAPC’s work below.
Scattered-site housing rehabilitation is the cornerstone of CAPC’s work stabilizing neighborhoods heavily impacted by foreclosure. CAPC continues to acquire vacant and abandoned properties, provide needed rehabilitation to the structure, and sell or rent homes to low- and moderate-income families throughout the state.
Through both rehabilitation of existing properties and new construction, CAPC is also able to meet the needs of communities looking for higher density, multi-family units. Starting in Fall 2014, CAPC will offer both for-sale condominiums and rental units with the same high standards for both quality and affordability.
CAPC works with nonprofit and socially-minded for-profit companies to invest in strategic projects that will spur economic development and job creation in neighborhoods in need of stabilization. All projects have a strong tie to the needs of the community, providing new assets which will enhance the quality of life in the surrounding area.