| Which States |  | 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. 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. |
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| Cottages of Henderson 96 Unit Family Project Henderson, Kentucky 
The Cottages of Henderson is an affordable 96 unit family project located in Henderson, Kentucky. Completed in early 1998, Gandolf purchased this project from the original owner in May 2000. The Cottages of Henderson consists of 25% one bedroom units, 50% two bedroom units and 25% three bedroom units. If you are interested in finding out more information about the Cottages of Henderson, please contact the manager for more details at : Cottages of Henderson 708 Arbor Drive Henderson, KY 42420 (270)827-1300 (T) (270)827-1320 (F) email: hend@insightbb.com |
|  | Why GANDOLF? | Gandolf's management team has several years experience in the affordable housing market. They have successful 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 idea 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. |
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