Wakeland Housing and Development Corporation

Rental expenses: the corporation owns and operates a mobile home park, poinsettia parks, llc and affordable Housing projects to provide affordable Housing to low and moderate income families including seniors, and also provides resident education programs to the tenants. These expenses are comprised of operational expenses such as utilities, operations and maintenance, and taxes and insurance.

Resident services: the resident services department is responsible for all onsite day-to-day resident services program implementation. The department provides initial set up, conducts ongoing assessments of community's program needs, and develops community partners while facilitating comprehensive programs for youth, adults and seniors.

Development: the corporation's mission is to develop affordable Housing using two methods: (1) acquisition and rehabilitation of existing multifamily residential Housing; and (2) acquisition and entitlement of land and construction of new buildings.

Asset management: the asset management department administers all placed in service real estate in the corporation's diverse portfolio, which consists of 5,218 Housing units. The department oversees all property tax abatement activities, monitors regulatory mandates, hires property management companies, provides property management oversight, and develops operating budgets and capital improvement plans.