Woda Cooper Companies
Woda Cooper Companies is an employee-owned, vertically-integrated affordable housing developer that develops, designs, constructs, and manages affordable multifamily, senior, and single-family rental communities across 19 states, serving approximately 30,000 residents earning 30-80% of Area Median Income via LIHTC-financed developments.
- Company typePrivate
- Founded1990
- HeadquartersColumbus, United States
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Woda Cooper Companies does
Woda Cooper Companies, Inc. is an employee-owned, vertically-integrated affordable housing firm founded in 1990 and headquartered in Columbus, Ohio. The company develops, designs, constructs, and manages affordable multi-family communities, senior communities (ages 55+), and single-family rental homes across 19 states, serving approximately 30,000 residents through a portfolio of 375 communities and a $3 billion development pipeline. Core operations are executed through wholly-owned Woda Construction, Inc. (general contracting), Woda Management & Real Estate (property management), and an in-house architecture/design group with documented expertise in green building certifications including LEED, Passive House, Zero Energy Ready Homes, Enterprise Green, EarthCraft, and ENERGY STAR.
The business model combines recurring rental income from owned communities with development fees, construction revenue from the in-house general contractor, and ongoing property management fees. Projects are financed primarily through Low-Income Housing Tax Credit (LIHTC) allocations from state housing finance agencies, layered with historic tax credits, conventional mortgages, bridge loans, and project-based rental assistance from local housing authorities. Units are priced for residents earning between 30% and 80% of Area Median Income (AMI), with select units serving veterans, homeless, and tribal-member populations through dedicated co-development and supportive-services partnerships with nonprofits (Parallel Housing, Interfaith Housing Alliance, Cherry Health, Families Forward, STOP Inc.) and tribal nations (Keweenaw Bay Indian Community).
The company's go-to-market is sales-led and government-driven: securing competitive LIHTC allocations, partnering with municipalities, state housing agencies, banks, and LIHTC syndicators (Marble Cliff Capital, CREA, Truist Community Capital, U.S. Bancorp Impact Finance, KeyBank CDLI). Affordable Housing Finance magazine ranked Woda Cooper #8 among the Top 50 Affordable Housing Developers in 2023 (top-ten in 13 of the past 14 years) and #17 among affordable housing owners. Recent recognitions include the 2025 SAHMA Management Company of the Year award, LEED Homes Awards from the USGBC, and Brownfield Remediation Program funding from the State of Ohio.
Woda Cooper Companies firmographics
Firmographics- Name
- Woda Cooper Companies
- Legal name
- Woda Cooper Companies, Inc.
- Website
- https://wodagroup.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Woda Cooper Companies is an employee-owned, vertically-integrated affordable housing developer that develops, designs, constructs, and manages affordable multifamily, senior, and single-family rental communities across 19 states, serving approximately 30,000 residents earning 30-80% of Area Median Income via LIHTC-financed developments.
- Ownership category
- akta.pro rank
Woda Cooper Companies industry classification
Industry- Product category
- Affordable Housing Development
- NAICS
- Residential Property Managers (531311), New Multifamily Housing Construction (except For-Sale Builders) (236116), Management of Companies and Enterprises (551)
- SIC
- Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)
- akta.pro secondary industries
- Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF), Fair Housing, Compliance & Housing Program Oversight (FSALAKAN)
Keywords
Where Woda Cooper Companies is headquartered
LocationHeadquarters
- HQ city
- Columbus
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
Woda Cooper Companies business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Rental Income: Ongoing rental revenue from 375+ affordable housing communities serving approximately 30,000 residents across 19 states. Units are priced for residents earning 30% to 80% of area median income.
- Development Fees: Fees earned through the development phase of affordable housing projects, including deal structuring, financing arrangement, and project management services.
- Construction Services: Revenue from Woda Construction Inc. (affiliate) serving as general contractor on company-developed projects, providing expert construction services for affordable housing developments.
- Property Management: Ongoing property management services through Woda Management & Real Estate affiliate, including leasing, maintenance, and community operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Income-restricted affordable housing at 30-70% AMI |
| Subscription | Monthly | Single-family homes at 60% AMI |
| Subscription | Monthly | Mixed-income housing at 30-80% AMI |
| Subscription | Monthly | General occupancy affordable housing at 80% AMI |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Woda Cooper Companies product offering
Product offeringCore offering
Woda Cooper Companies is an employee-owned, vertically-integrated affordable housing firm that develops, designs, constructs, and manages affordable housing communities including multi-family, senior, and single-family rental homes across 19 states. The company leverages Low-Income Housing Tax Credits (LIHTC), historic tax credits, and public-private partnerships to deliver housing for residents earning 30% to 80% of Area Median Income (AMI), operating through subsidiaries Woda Construction, Inc. and Woda Management & Real Estate.
Product overview
Woda Cooper Companies operates as an employee-owned, vertically-integrated affordable housing firm offering property development, construction, design, property management, green building, and investment services. The company develops, designs, constructs, and manages affordable multi-family communities, senior communities (for ages 55+), and single-family rental homes across 19 states. The core offering consists of Property Development, Construction, Property Management, Design, Green Building, and Investment services, which work together to deliver complete affordable housing solutions from planning through long-term management.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Development Services
- Construction Services
- Property Management Services
- Architectural Design Services
- Affordable Multi-Family Housing Communities
- Affordable Senior Housing Communities
- Single-Family Rental Home Communities
Quantifiable outcome
- 375 communities developed and managed
- +3 more outcomes
Companies that use Woda Cooper Companies
Customer profileNamed customers5 records
Ideal customer profiles5 records
Woda Cooper Companies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Woda Cooper Companies partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- City of MadisoncoreCity of Madison provided support for Prior Farms and Carmichael Commons developments, including participation in grand opening ceremonies with Mayor Fred Perriman.
- Parallel Housing, Inc.coreNonprofit co-developer based in Athens, GA dedicated to sustainable affordable multifamily housing for seniors and families. Co-developed Prior Farms, Carmichael Commons, The Lenox, Timber Ridge, and Terraces at Oscar Thomie. Founded 2002 with 25 properties in GA, KY, IN, SC, IA, and OH.
- Keweenaw Bay Indian Community (KBIC)coreKBIC co-developed Black Rock Crossing with Woda Cooper, creating opportunities for tribal members and local residents to access affordable housing in Marquette, MI. Nine units set aside for KBIC members.
- City of MarquettecoreCity of Marquette provided strong support including approving a Payment in Lieu of Taxes (PILOT) to help achieve tax credit allocation and satisfy investors and lenders.
- Cherry HealthcoreMichigan's largest FQHC co-developed Shea Ravines, Woda Cooper's first development in partnership with Cherry Health. Located adjacent to Cherry Health's Wyoming Community Health Center campus.
- Community RebuilderscoreNonprofit services provider coordinating supportive services to assist Shea Ravines PSH residents in achieving greater self-sufficiency.
- IMPACT Community ActioncoreCo-developer of The Enclave on Main, a 102-unit affordable housing community in Whitehall, Ohio.
- Interfaith Housing AlliancecoreCo-developer of Brock Bridge Landing, a 38-unit mixed-income townhome community in Jessup, Maryland. Also coordinates onsite services for residents.
- City of Warner Robins Housing Authority (WRHA)coreWRHA partnered on Terraces at Oscar Thomie redevelopment. Provided long-term lease for land previously occupied by Oscar Thomie Homes public housing. Also received 1,674 sq ft commercial space for WRHA administrative offices.
- Frontline Development Group, LLCcoreFirst Black female-owned development group awarded LIHTC to build housing in Cleveland. Co-hosting Gordon Crossing development with Woda Cooper.
- STOP Inc.coreEstablished local community action agency coordinating support services for Bains Pointe residents including those with barriers to independent living.
- City of PortsmouthcoreCity of Portsmouth supported Bains Pointe development and land was purchased from Portsmouth Economic Development Authority.
- Families ForwardcoreProvides supportive services to PSH units at Alley Landing.
- Amvets Post #2coreProvides housing referrals for veterans experiencing homelessness for Alley Landing's 8 PSH units with veteran priority.
- VA Community Resource & Referral CentercoreProvides housing referrals for veterans experiencing homelessness for Alley Landing project.
- Project for Pride in Living (PPL)coreCo-developed Shelby Commons, a 46-unit affordable housing community in Minneapolis North Loop neighborhood with public art murals celebrating local Black history.
- PCI Design GroupminorArchitect for multiple Woda Cooper projects including Hemming Crossing, Shea Ravines, Gordon Crossing, and Terraces at Oscar Thomie.
- Hooker DeJong, Inc.minorArchitect for Osborn Commons and multiple other projects. Also Shea Ravines and Alley Landing.
- Sol Design + ConsultingminorSustainability consultant for green building projects including Osborn Commons, Gordon Crossing, and Hemming Crossing.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Woda Cooper Companies competitors and assessment
Company assessmentBroad incumbents
- The Related Companies: One of the largest US developers of affordable and mixed-income housing with a national footprint. Comparable as a top-tier LIHTC developer and owner-manager, but operates at significantly greater scale and across all major US metros.
Direct peers
- L+M Development Partners: Vertically-integrated affordable and mixed-income housing developer focused on LIHTC, supportive, and mixed-use communities. Direct competitor in the affordable development + property management space, though more concentrated in the Northeast.
- BRIDGE Housing: Mission-driven affordable housing developer and owner-manager producing LIHTC and mixed-income communities. Comparable business model of developing, owning, and managing affordable rental housing across multiple states.
- The Community Builders: Nonprofit developer and operator of affordable and mixed-income rental housing with a multi-state footprint. Closely comparable as a vertically-integrated affordable housing developer with similar reliance on LIHTC and state agency allocations.
- Mercy Housing: National nonprofit affordable housing developer and property manager with a large LIHTC portfolio. Comparable scale and operational model of developing and managing affordable multifamily and senior housing.
- WinnCompanies: Vertically-integrated affordable and market-rate housing developer and one of the largest property managers in the US. Comparable as a developer/owner/manager with significant LIHTC exposure and a national operating footprint.
- The Michaels Organization: National affordable and workforce housing developer with a large portfolio of LIHTC communities and integrated property management arm. Directly comparable in scale and vertically-integrated model.
- Enterprise Community Partners: National nonprofit developer, investor, and policy advocate in affordable housing, with substantial LIHTC development activity. Comparable as a large-scale affordable housing developer and as a partner-syndicator in the same ecosystem.
- National Church Residences: Senior housing-focused affordable developer and operator with a multi-state LIHTC portfolio. Closely comparable in the senior affordable housing segment, where Woda Cooper operates 84 senior communities.
Others
- Housing Partnership Network: Member-owned collaborative of nonprofit and for-profit affordable housing developers and owners. Thematically relevant as a peer network in which Woda Cooper competes for deals, partners, and capital in the LIHTC ecosystem.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Woda Cooper Companies social profiles
Digital presenceWoda Cooper Companies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Woda Cooper Companies leadership team
Management profileNumber of profiles
Profiles13 records
Woda Cooper Companies subsidiaries and ownership
Company hierarchySubsidiaries3 records
Woda Cooper Companies funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Woda Cooper Companies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Woda Cooper Companies
What does Woda Cooper Companies do?
Woda Cooper Companies is an employee-owned, vertically-integrated affordable housing firm that develops, designs, constructs, and manages affordable housing communities including multi-family, senior, and single-family rental homes across 19 states. The company leverages Low-Income Housing Tax Credits (LIHTC), historic tax credits, and public-private partnerships to deliver housing for residents earning 30% to 80% of Area Median Income (AMI), operating through subsidiaries Woda Construction, Inc. and Woda Management & Real Estate.
Is Woda Cooper Companies a public or private company?
Woda Cooper Companies is a private company. It is classified as management employee owned and is currently operating.
When was Woda Cooper Companies founded?
Woda Cooper Companies was founded in 1990. It employs 501 to 1,000 people.
Where is Woda Cooper Companies based?
Woda Cooper Companies is headquartered in Columbus, United States, in the North America region.
How does Woda Cooper Companies make money?
Four revenue lines are on record. Rental Income is the primary driver. The others are development Fees, construction Services and property Management.
Who are Woda Cooper Companies's main competitors?
The Related Companies is listed as a broad incumbent. Direct peers are L+M Development Partners, BRIDGE Housing, The Community Builders, Mercy Housing, WinnCompanies, The Michaels Organization, Enterprise Community Partners and National Church Residences. Housing Partnership Network is listed as an others.
Does Woda Cooper Companies have an API?
No public API is recorded for Woda Cooper Companies.
What industry is Woda Cooper Companies in?
Woda Cooper Companies's product category is Affordable Housing Development. Its primary akta.pro industry code is BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8), with a secondary code of FSALAKAF, Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans). Its NAICS code is 531311 and its SIC code is 6513.