ApprovedOther

Union Park Lofts / Woda Cooper Affordable Housing Project

Description

A proposed 74-unit affordable apartment project (about 224 expected residents) seeking town support — a $100,000 3-percent loan, ~$50,000 in fee waivers, and town sales-tax forgiveness — to win the state's Low-Income Housing Tax Credit competition.

Impact summary

If the tax credits are awarded, the project would add roughly 74 income-restricted units for households earning up to 60 percent of area median income, filling part of Payson's estimated 167-unit affordable rental shortfall.

Applicant

Name
Woda Cooper Development, Inc. (Ohio corporation)
Address
Adjacent to the Safeway center near 620 E. Highway 260 area, Payson, Arizona

At a glance

Hearings
1
Public comments
3
Total mentions
1

Last vote · Town Council

Approved5–0, unanimous

Last discussed Mar 11, 2026.

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