WAYNE, PA — PPR Capital Management has launched the PPR Prosperity Foundation, a charitable initiative aimed at expanding access to affordable housing, with a particular emphasis on programs serving veterans. The move formalizes the firm’s long-standing philanthropic activities and underscores its mission-driven approach to community investment.
The foundation will channel support to veteran housing initiatives and broader community development projects through both direct contributions and strategic partnerships. Its first donation of $10,000 was directed to the Kerrville Area Rebuilding & Recovery Fund in Texas to aid flood relief, with additional contributions from PPR employees reinforcing the effort.
“PPR stands for purpose, prosperity and relationships, because at the core, that is what we’re all about,” said Steve Meyer, CEO of PPR Capital Management. “While we’re in the investments business and seek to provide prosperity to our investors, our goal extends far beyond financial returns. We want to address the affordable housing crisis in the US and give back to the communities in which we work, live, and invest. With our nation facing a 5.8 million unit shortage of affordable workforce housing, we believe it’s our responsibility to be part of the solution.”
The new foundation builds on PPR’s guiding philosophy of keeping families in their homes rather than pursuing aggressive foreclosure strategies. That approach has helped the firm expand from a specialist in non-performing mortgage loans to a diversified real estate investment platform serving accredited investors across the country.
By aligning charitable giving with its investment values, PPR Capital Management positions the Prosperity Foundation as both a reflection of its business model and a vehicle for addressing pressing social needs.
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