ApprovedOther

Union Park Lofts (LIHTC Project)

Description

Woda Cooper announced it won the competitive state low-income housing tax credit award for its 74-unit, four-story workforce housing project, and presented updated designs and a timeline targeting a March 2027 groundbreaking. The council approved up to $190,000 in contingency funds to honor prior funding commitments.

Impact summary

Adds 74 affordable rentals ($400–$950/month) for local workers earning $20,000–$58,000, with groundbreaking in early 2027 and leasing around March 2028.

Applicant

Name
Woda Cooper Companies Inc. (Omer Serig)
Address
400 N Beeline Highway, Payson, ArizonaSee this on the map

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · Town Council

Approved7–0, unanimous

Last discussed Aug 12, 2026.

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