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REDYFFRIN – PPR Capital Management, a Chester County private‑equity real‑estate firm, has launched the PPR Prosperity Foundation to aid organizations that expand affordable housing, especially for veterans. CEO Steve Meyer said the firm is committed to solving the U.S. shortage of 5.8 million affordable units and to giving back to the communities where it operates. “PPR stands for purpose, prosperity and relationships,” Meyer added, noting that the firm seeks more than financial returns.

    The foundation’s first grant of $10 000 went to the Kerrville Area Rebuilding & Recovery Fund for Texas flood relief, with additional employee contributions. The initiative reflects PPR’s investment philosophy of keeping families in homes rather than pursuing aggressive foreclosures.

    A key focus will be a partnership with Veterans Villages of Philadelphia, where employees will provide both money and volunteer labor—repair, painting, landscaping. Future plans include financial‑literacy, workforce‑readiness and educational programs to help veterans achieve long‑term stability.

    PPR has long supported local charities through volunteer work and donations to groups such as ProjectHOME, the Chester County Food Bank and the Salvation Army’s Adopt‑a‑Family program. The new foundation formalizes this giving, enabling sustained, meaningful impact.

    Founded in 2007 and based in Tredyffrin Township, the firm manages over $1 billion in assets, investing mainly in distressed assets, mortgages and residential/commercial properties nationwide.