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Affordable Housing Developer Acquires First Apartments in Tennessee

Community Preservation Partners To Spend $12 Million on Renovations
A rendering of the Bedford Manor apartments in Shelbyville, Tennessee, which an affordable housing developer recently acquired. (Community Preservation Partners)
A rendering of the Bedford Manor apartments in Shelbyville, Tennessee, which an affordable housing developer recently acquired. (Community Preservation Partners)

Community Preservation Partners, an affordable housing developer, acquired its first apartment complex in the state of Tennessee and plans to put more than twice as much as it paid for the property toward extensive renovations.

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