The PPPI is a 501(c)(3) non-profit organization chartered to conduct research and present educational programs. The PPPI was founded by John Crosland Jr. in 1999 and he soon enlisted his close associate H. Allen Tate Jr. and other Charlotte real estate luminaries to PPPI’s Board of Directors. They understood firsthand that every day, local and state governments, as well as the federal government, are considering and adopting new ordinances, regulations or laws that impact the viability of the real estate industry and the business community at large. Local governments are especially active in a thriving area such as the Charlotte region, where they are constantly addressing the opportunities and challenges that come with sustained economic growth and development in the region. The PPPI founders believed that government decision-makers must be fully informed if they are to find effective solutions to the issues they are considering. This requires taking into account the economic and practical impact of governmental actions. In order to foster this effective and informed decision-making, the PPPI was chartered to bring comprehensive and authoritative research and analysis to the public policy debate.