The CMFA Provides $8,750,000 in Low Cost Tax-Exempt Financing to Community Preservation Partners
Community Preservation Partners, long known for revitalizing existing projects, recently secured $8,750,000 in tax-exempt financing through the CMFA. Proceeds from the bonds will be used to acquire several multi-family apartment communities located throughout Kern County. A total of 199 units will be acquired and rehabilitated for low-income households in the area.