Wakefield Commons is a new affordable apartment complex located in North Raleigh. The 80-unit community is made up of 56 two-bedroom and 24 three-bedroom apartments. All units must be rented to individuals or families who make less than 60% of the Area Median Income. For instance a family of four making less than $50,580 per year would qualify. Many units are targeted for even lower incomes.
The City of Raleigh is proud to provide $750,000 in financing through bond funds. Wakefield Commons was developed by Taft Development Group and built by Mill Construction.