Uac 3 Development, formerly known as CMC Development, is a real estate development company based in New York City. Founded in 2004, the company focuses on promoting the development and preservation of affordable real estate in emerging urban communities, with a mission to improve economic and environmental conditions in historically underserved markets.
Expanding beyond the New York City Metropolitan region, Uac 3 Development now includes investments in mixed-use project development in Atlanta, Georgia, and the Southeast region to address the significant demand for affordable housing. The company specializes in developing and managing workforce housing, supportive housing, condominiums, and commercial properties.
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