DDA Approves $1.9M Property Sale to Woda Cooper for Affordable Housing

Scope & details

The full contract record, as filed.

Contract amount

$1,900,000 (purchase price), plus up to $30,000 initial earnest money, $100,000 post-tax credit grant, and up to $100,000 ($25,000 per extension for 4 possible extensions)

Contract type

OTHER

Contract term

Closing on or before December 31, 2026, with up to 4 extensions of 30 days each (up to 120 days total extension)

Renewal date

2026-12-31

Renewal

Up to four extensions allowed (three standard and one for NEPA delay), each for 30 days and each requiring a non-refundable $25,000 deposit applied to purchase price. Extension payments are non-refundable and the closing date may be moved up to 120 days total if all extensions used.

Document type

Minutes

Source document

Decatur Downtown Development Authority Minutes 2026-03-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Housing Authority of the city of Decatur?

Woda Cooper was awarded this government contract by Housing Authority of the city of Decatur, as recorded on March 6, 2026. The contract value is $1,900,000 (purchase price), plus up to $30,000 initial earnest money, $100,000 post-tax credit grant, and up to $100,000 ($25,000 per extension for 4 possible extensions).

How much is the Woda Cooper contract with Housing Authority of the city of Decatur worth?

The Woda Cooper contract with Housing Authority of the city of Decatur is valued at $1,900,000 (purchase price), plus up to $30,000 initial earnest money, $100,000 post-tax credit grant, and up to $100,000 ($25,000 per extension for 4 possible extensions).

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Decatur Downtown Development Authority Minutes 2026-03-06 (Minutes), dated March 6, 2026 from Housing Authority of the city of Decatur. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Woda Cooper hold?

Woda Cooper may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Woda Cooper's profile

What is Housing Authority of the city of Decatur currently buying?

Explore Housing Authority of the city of Decatur's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Housing Authority of the city of Decatur's profile