Gandolf is active in several states. We have
established a
list of states in which we are seeking land for new
developments. Contact us if you know of a good piece of zoned
land in any of these states call us. All brokers are protected.
Our
Niche
Gandolf specializes in creating affordable
housing. The housing we create offers rents which are targeted
to people who make about 60% of the average medium income of the
county. Residents who fall into this income category normally
are policemen, firemen, teachers, and factory workers. To meet
the needs of our tenant base we are normally able to provide
rents which are at least 10% below market. Because of the
various financing programs that we utilize, we require that
residents qualify based upon income.
Gandolf Can Help You Launch Your Project...
Looking To Develop An Affordable Housing Project...
Gandolf has experience in several states in developing
affordable housing projects. We have assisted several
non-profits and housing authorities with developing projects.
We can save you time and money as either a developer or a
joint-venture partner for your project. Is your mission
developing affordable housing but you lack the expertise? Let us
supplement your skills and talents. We have successfully
developed over 1,500 units of affordable housing in various
parts of the country. Our
development team provides the expertise you need to get your
project off the ground.
A
recent example of a joint venture that developed needed
affordable housing for a community was in Minot, North Dakota.
Gandolf was asked to develop an affordable housing project in
cooperation with the Minot Housing Authority. Construction was
completed in November 2002 on this 48 unit family project. The
project was structured as a joint-venture with the Minot Housing
Authority where Gandolf served as the developer and the Minot
Housing Authority serves as the owner.
Do you have a project where you need development expertise? If
so, contact us today at (952)543-2455.
Why GANDOLF?
Gandolf's
management team has several years experience in the affordable
housing market. They have successfully developed in over 12
states and produced over 1,500 units.
Gandolf has
experience in both senior and family affordable housing. Their
management team has taken projects from the concept stage
through city approvals, construction and lease up. They are
experienced at managing projects from afar and have a hands-on
management style that produces a successful result whether it is
for their own portfolio or in conjunction with a local housing
authority, CHDO or another non-profit group.
A
recent example of a joint venture that developed needed
affordable housing for a community was in Minot, North Dakota. 