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Timshel Development Group, LLC is an experienced developer of affordable multifamily communities. The principals of the company have over 50 years of combined affordable housing development experience. Timshel was founded with the goal of providing superior housing, at affordable prices, and managed by people who respect and value the people who live at our properties. The operating principals, Todd Wind and Brian Waterfield, each have nearly 15 years of development and management experience in the affordable housing industry at industry leading companies.
Timshel concentrates its development efforts on new construction, but also has the capability and experience to complete the acquisition and rehabilitation of existing affordable developments. By utilizing financing structures with Federal and State Low Income Housing Tax Credits (LIHTC), Tax Exempt Mortgage Backed Revenue Bonds, grants and subsidies from federal, state and local municipalities, Timshel is able to create quality affordable apartment communities with market-rate amenities for individuals and families that are most in need.
The company’s focus is based on sound real estate principles and every proposed development is approached with long-term ownership in mind. With that approach, we have a heightened concern for the materials used for construction, our relationship with the local municipality and surrounding neighborhoods, and most importantly, we strive to provide a comfortable, safe and secure community for which our residents are proud to call home.
Meet Our Team
Our Core Values
Timshel Development is a small, entrepreneurial company. These are the core values from which we develop our culture, our brand, and our business strategies:
Timshel is the name of a song off Mumford and Son’s album, “Sigh No More.” Todd and Brian are avid fans of the band and, in particular, the song Timshel.
Timshel is a Hebrew word meaning “though mayest.” John Steinbeck references this word in his book, “East of Eden,” which so happens to be Marcus Mumford’s favorite book. Steinbeck uses the word Timshel to describe man’s choice between good and evil.
In the song Timshel, Mumford uses the empowering lyrics, “you have your choices, and these are what make man great, his ladder to the stars.” The choices one makes can have a lasting impact on the world. At Timshel, we strive every day to make a positive impact by addressing what has become such a huge problem in our society, the lack of quality affordable housing.
Trusted Partners
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