Development

MCC acts as developer and investor on real-estate projects that meet our mission

These projects address economic revitalization through the creation of housing, redevelopment of brownfield sites and public-private partnerships.

MCC focuses on both for-sale and for-rent, mixed-income projects where most of the project serves individuals and families earning below 80% of the Area Median Income. This price-point of housing is known as the “missing middle” because most real-estate developers focus on either income-restricted, Low Income Housing Tax Credit Projects or high-end market rate projects, leaving a gap in the market for middle income families.

MCC uses creative financing structures and partnerships with lenders, private investors, foundations, authorities and state and local governments to achieve their community goals.