Woda Cooper Companies, founded in 1990 in Columbus, Ohio, began as Woda Construction and Development by Jeffrey Woda, with David Cooper Jr. joining full-time in 2003. The partnership leveraged the nascent Low-Income Housing Tax Credit (LIHTC) program to create quality affordable housing. Over time, the firm evolved into a vertically integrated, employee-owned enterprise encompassing development, construction, design, and property management through subsidiaries. Today, Woda Cooper operates across 17–18 states in the Midwest, Mid-Atlantic, and Southeast, owning or managing approximately 330–365 communities and around 16,000 housing units.
The company focuses exclusively on affordable housing, delivering multifamily apartments, senior housing, and single-family homes under LIHTC, RD 515/538, HUD, and historic preservation frameworks. Their strategy combines development through tax credit financing, historic rehabilitation, and disciplined construction and operational controls, ensuring long-term asset performance.
Their portfolio spans 17–18 states, with significant exposure in Ohio, Pennsylvania, Michigan, Georgia, North Carolina, and Iowa. Approximately 15–18% of assets are located in Ohio and the immediate Mid-Atlantic region. Tenants are primarily low- to moderate-income households and seniors, supported by federal and state rental assistance programs, reducing reliance on any individual tenant but increasing exposure to policy changes.
Woda Cooper is positioned as a leading national affordable housing provider, ranked 7th among U.S. developers and 21st among owners by Affordable Housing Finance in 2023. Its integrated ESOP structure, longstanding developer-lender relationships, and vertical integration provide resilience and strategic control over the full asset lifecycle.
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