About Cardinal Capital Management » Service Areas & Customers
Cardinal's services are not limited by geography, however, our primary service area at this time is Upper Midwest, particularly Wisconsin, Minnesota, Iowa, Illinois and Michigan. Cardinal's typical customer is, or could be, any of the following:
For profit or non-profit organizationswhose mission is to preserve and/or develop affordable housing for elderly households, families, or persons with disabilities. An example of a non-profit we serve is the Wisconsin Housing Preservation Corp, for which we have acquired approximately 6000 units of housing in almost 120 distinct projects.
Governmental agencies, such as a housing authority interested in preservation and/or development of low to moderate income and special needs housing within its municipality.
Institutions, colleges, hospitals, or faith based institutions that have either a need to house a special population of their own customers; or who see affordable housing as part of their individual mission. An example is the college that needs to build additional student housing, and at the same time, address the needs of its lowest income workers and any disabled individuals associated with the college. Cardinal would develop an individualized comprehensive program to meet such interwoven needs.
Institutional investors: Pension fund or other fund managers who wish to place funds in affordable housing investments. The fund may have a need to earn a good return and also place funds in investments that enhance the quality of community life through an affordable housing development.
