Articles About LIHTC
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Woda Cooper proposes 71 low-income units for LIHTC project
Woda Cooper Companies aims to develop a three-story, low-income housing complex in Yellow Springs comprised of 71 one-, two- and three-bedroom units. Monthly rents, excluding utilities, would range from $345 to $1,150.
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Online posts raise concerns over privacy, transparency
A group of messages shared in a local Facebook group earlier this month has raised questions, both broad and specific, about transparency and ethics within public bodies and the separation of public identities from private ones.
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With $680k pledged for new soccer fields, LIHTC project advances
Should Woda Cooper successfully be awarded the $15 million in low-income housing tax credits from the Ohio Housing Finance Agency to build a low-income housing development, the district would have $689,000 to turn the Joneses’ cornfield into playable soccer fields.
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More LIHTC questions than answers at school board meeting
At the center of the fraught discussion was the ongoing, intergovernmental initiative to build a 30- to 50-unit low-income housing development on the district-owned Morgan soccer fields.
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LIHTC developer seeks site control of district-owned land
As was discussed at Monday’s Village Council meeting, one matter still stands in the way of Columbus-based development company Woda Cooper LLC applying for the $15 million in low-income tax credits: getting site control of the Morgan Fields from the school district.
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Village Council selects low-income housing developer
After finalizing the development agreement with the Village, Woda Cooper will apply to the Ohio Housing Finance Agency for $15 million in federal low-income housing tax credits.
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LIHTC project ‘win-wins’ discussed
The latest update on the land, presented at the Nov. 14 school board meeting, is that Morgan Fields have been appraised at $339,000 by Cedarville-based real estate and auction company Sheridan & Associates.
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School board approves sale option for LIHTC project
Mirroring a decision made by Village Council earlier the same week, the YS Board of Education voted 3–2 during a special meeting Thursday, Nov. 21, to approve an option to purchase agreement with the Village of Yellow Springs.
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Village Council rezones Morgan Fields to high-density residential
The move to rezone the land was the latest step in the year-long effort to one day erect a 50-unit, low-income housing development on the land — colloquially dubbed by Village and district bodies as the LIHTC, or low-income housing tax credit, project.
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LIHTC, Gaunt Park raise questions
The school district and Village government continue to work together to flesh out the details and possibilities of a proposed 50-unit low-income housing development.
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