GT & JT Construction Corp | Application Preview
GT & JT Construction Corp. is applying for government grants to expand its operations by adding a new crew to service more clients. The funding will be used to acquire an additional vehicle, equipment, and crew members.
With 30 years of experience in government contracting, the business aims to open a second office in Florida, focusing on land development for low-income housing in West Palm Beach County. The proposed model provides individuals with the opportunity to rent with the option to purchase, addressing the challenges posed by homeowners' associations, which may limit homeownership.
The application highlights a vision of revitalizing struggling communities by building starter homes on vacant lots. The goal is to facilitate home ownership for new families and encouraging a sense of stability.
GT & JT Construction faces competition from other firms in government contracting but distinguishes itself by targeting projects around $1 million rather than larger contracts. The company has built a reputation for effectively solving problems related to complex architectural designs, leveraging its extensive knowledge and experience in the field.
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General Information
Business Registration Number: 11z3218672
Location: Brooklyn, NY, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
Looking to add a crew to service more clients. This includes additional vehicle, equipment, and crew.
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Business Plan
With 30 years of experience from Government Contracting I want to expand to a second office location in Florida which I have opened recently. My goal is to invest in a land development to offer low income housing in West Palm Beach County in Florida. I feel that HOA's have too much control and if left unchecked as they will further drive people out of owning a home. My business model would be to give people the opportunity to own by renting with option to purchase. Utilizing empty lots to fill up run down communities with new starter home for new families can grow and invest in. It used to be said that a man is only a man if he owns the land he stands on. This is for those who want to stand tall.
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Self Identified Competition
In Government contracting would be Turner Construction, Navilus Construction,and Bayes Construction. I don't hit the larger contracts but I price them out for projects around $1mil. Being effective depends on knowledge and experience and have the reputation of being a problem solver for challenging architectural drawings and specifications when it comes down to real world applications.
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Contact Applicant
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