Importance of Partnerships
Partnerships are key to C&C Development’s funding success, especially in today’s challenging financing environment. The company excels in using financing creativity in applying multiple and layered funding sources to individual projects that allow it to develop affordable communities that may not otherwise be achievable. C&C’s wealth of experience in structuring complex project financing enables it to use a variety of funding sources including: tax exempt bonds, low-income housing tax credits, tax increment financing, as well as NSP, HOME, CDBG, HUD and conventional financing.
In order to fulfill its development goals and further the success of its affordable projects, C&C partners with a non-profit 501(c)(3) housing provider. Working in conjunction with the non-profit partner allows C&C to develop and finance healthy, safe, and attractive communities for residents. Additional partnerships are formed with local community organizations to provide meals, social activities, educational classes, children’s after-school learning centers, senior programs, and computer labs. These services help to enhance the lives of not only residents, but the communities and neighborhoods in which they live.