The Home for Little Wanderers
The Home for Little Wanderers offers vital services to help vulnerable families and children. The organization needed a low-cost way to expand its campus in Walpole, fund new programs, and hire new teachers. How could this be accomplished on a limited budget? MassDevelopment issued an $18 million tax-exempt bond on The Home’s behalf. By using bond proceeds to build an educational and residential campus, the organization can now create staffing opportunities over the next three years. Our low-cost financing solution is enabling The Home to build two school buildings, two dorms, and other housing. Jobs are being created, and as many as 40 more at-risk children will now have a safe place to swim, hike, learn, and grow.