ABOUT US
Woda Cooper Companies' Leaders, Mission, and History
THE WODA COOPER STORY
Woda Cooper Companies, Inc. is an employee-owned, vertically-integrated affordable housing firm with 800 employees. With just a few thousand dollars in capital, Jeffrey Woda founded Woda Construction and Development in 1990 to build single-family homes and apartments. David Cooper, Jr. served as the company’s legal counsel from its inception, and joined the firm full time in 2003. The two men saw opportunities to utilize the emerging Low-Income Housing Tax Credit program to develop much-needed affordable housing, and formed the partnership that would become The Woda Group, Inc. and eventually, Woda Cooper Companies.
Today, Woda Cooper Companies owns and operates more than 365 properties and 16000 housing units. Woda Cooper consistently ranks among the top affordable housing developers and owners in the country by Affordable Housing Finance. The firm operates in 18 states in the Midwest, Mid-Atlantic and Southeast, and has a development portfolio of $3 billion.
Our mission is developing, constructing, and managing high quality affordable housing that enriches the communities of which we are a part. As an employee owned company, we endeavor to create a positive and diverse work environment that allows individuals to achieve rewarding personal & professional growth.
We understand the trust placed in us by local communities, and we seek to become valued members of those communities.
States
Communities
Units
Residents
Affordable Properties
Market Rate Properties
Senior Communities
ADA Units
Corporate Leadership
Woda Cooper Companies, Inc. is employee owned by an Employee Stock Ownership Plan and Trust. WCCI consists of various subsidiaries and affiliates including Woda Cooper Development, Inc., Woda Construction, Inc., Woda Management & Real Estate, LLC, The Woda Group, Inc., and PCI Design Group.
Woda Cooper Development, Inc.
Woda Cooper Development, Inc. is a member of the National Association of Home Builders Housing Credit Group, National Housing and Rehabilitation Association, the Affordable Housing Tax Credit Coalition, the Council for Affordable and Rural Housing, the Building Industry Association of Central Ohio, and the Michigan, Ohio, Maryland, South Carolina, Georgia, and North Carolina state affordable housing councils.
WC Development works with various state housing finance agencies (SHFAs) to develop comprehensive housing development plans that address local and state housing priorities through the awarding of Low-Income Housing Tax Credits (LIHTC) via state Qualified Allocation Plans (QAP). We also seek opportunities to leverage tax credits with other federal, state, and local funding resources for gap financing.
Development Leadership
FINANCIAL VEHICLES
- FHA insured loans, 221d4 and 223f
- USDA Rural Development 538 guaranteed loans
- USDA Rural Development 515 direct loans
- Public Housing Replacement Factor Funds
- HOME funds
- State trust funds
- Federal historic tax credits
- State historic tax credits
- Brownfield credits
- Federal Home Loan Bank (“FHLB”) Affordable Housing Program funds
- FHLB match funds
- HUD’s Mark to Market program
- Tax exempt bonds with 4% LIHTC credits
- Tax Credit Assistance Program funds
- Exchange funds or 1602 funds
- Housing Assistance Program (“HAP”) Section 8 contracts through Public Housing Agencies
- Project Based Rental Assistance contracts through HUD and State Housing Finance Agencies (“SHFA’s”)
- 811 contracts
- National Housing Trust Funds
- Energy Credits
- New Markets Tax Credits
- Low-Income Housing Tax Credits
Construction Leadership
Woda Construction, Inc.
Woda Construction, Inc. (“WCI”) is committed to efficiently constructing quality housing. WCI was incorporated on May 2, 1990, in Ohio, and is now a wholly owned subsidiary of WCCI.
- Multi-family garden apartment
- Townhouse developments
- Mid-rise elevator buildings
- Single story senior units with integrated garages
- Scattered site single family homes
- Single-family subdivisions
- WCI also has extensive experience in substantial rehabilitation and adaptive re-use projects.
EXTENSIVE EXPERIENCE WITH GREEN BUILDING
WCI personnel have worked extensively with development personnel to produce over [acf field=”green_certs”] green certifications representing over [acf field=”green_units”] units constructed.
This includes eight LEED Platinum Certified Communities, eighteen LEED Gold Certified Communities, two Passive House Communities, and multiple Department of Energy Zero Energy Ready Home certifications
Click here to find out more about Passive House at WCCI!
Woda Management & Real Estate, LLC
Woda Management & Real Estate are experts in all areas of property management, including leasing, maintenance, marketing, compliance, and resident support.
Our portfolio includes:
- Senior affordable communities
- Affordable multi-family apartments
- Lease-to-own single-family homes
- Replacement public housing
- Redeveloped communities
- Mixed-use developments
- Market rate and mixed income
- Veteran housing