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.