
Wakeland receives funding from a variety of sources
to develop projects and promote organizational growth.
Our project funding is multi-layered. Our organizational
funding comes from a variety of foundations and public
entities. Wakeland's diverse funding pool is evidence
of our commitment to quality affordable housing and
enhanced resident services.
Wakeland's staff and board of directors
have years of experience in developing projects involving
layered financing structures. These are complex arrangements
with ever-changing requirements that demand expertise
in combining different types of financing so that they
work in concert with one another. Because the income
from an affordable housing project cannot come close
to covering the cost of its development, an organization
must be creative to bring a project to fruition.
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