PPL Properties

PPL Properties owns membership interests in over 30 single-member limited liability companies that hold and manage real estate devoted to use as affordable housing for lower-income individuals and families. See schedule r for a full list.ppl Properties also participates as a partner in general and/or limited partnerships that own and manage real property, all for the benefit of PPL, in future years.ppl Properties is the sole owner of other wholly owned llcs which consists of: a community center that houses a PPL program, the service center which is the headquarters of PPL's administrative offices and onsite training center (franklin theater), and an entity which acquires, rehabilitates, and sells single family homes to low income buyers in north minneapolis.