Acquisition / Rehab

In its acquisition/rehabilitation capacity, C&C Development has the proven ability to approach dilapidated, gang-, drug-, and crime-infested properties with success. The company's acquisition and rehabilitation of affordable housing communities acts as a catalyst for the surrounding neighborhood, initiating further development and redevelopment of adjacent parcels. C&C Development's projects are often "a first step in the right direction" for distressed properties and neighborhoods.

Prior to acquisition, C&C works with the existing resident population and surrounding property owners to establish trust and convey the message that change is occurring at the property and within the neighborhood. To gain the trust of residents, C&C provides previous examples of similar projects and explains the scope of rehabilitation, the income restrictions, and the resident qualification process. We work with adjoining property owners through direct contact and interaction at community meetings to facilitate improvements throughout the neighborhood.

C&C holds its own general contractor's license, which enables us to reduce costs and maintain greater oversight of each project — and we employ our own construction staff to reduce costs even further. This oversight and cost savings allow C&C to complete its projects on time and on budget. The Wilshire Apartments and Townsend & Raitt Apartments are examples of neighborhoods transformed by C&C Development's acquisition and rehabilitation expertise.