The Decatur Development Authority is selling a property at 252 South Columbia Drive to Woda Cooper Development, with plans to construct a workforce housing project.
The two entities have entered into a development agreement for the site, which sits along one of Decatur's main corridors. Woda Cooper is a national affordable and workforce housing developer with projects across multiple states.
Workforce housing targets residents who earn too much to qualify for subsidized affordable housing but still struggle with market-rate rents. The development comes as Decatur, like much of metro Atlanta, faces mounting pressure on housing affordability.
The sale represents a strategic use of a publicly held asset to address housing needs rather than pursuing maximum market value. Details on the number of units, timeline, and income targets have not yet been released.
