November 12, 2019, Denmark, SC…Families in this quaint, rural community in Bamberg County, just west of the heart of South Carolina’s low country region, will soon have access to a new affordable multifamily community called Lowcountry Crossing. The 34-unit community will be located at 490 Progressive Way on the east side of Denmark. Lowcountry Crossing is on track to be completed in mid 2020.
Lowcountry Crossing will offer two new attractive two-story buildings featuring large apartment homes and family-friendly amenities. There will be 24 two-bedroom apartments and 10 three-bedroom apartments.
All units will have open-concept living spaces and modern, high-quality finishes. Each unit will offer two bathrooms and be equipped with ENERGY STAR appliances, including dishwashers. Buildings will include energy efficiency features including energy saving windows and doors plus individually controlled, highly efficient heating and air conditioning systems.
The new apartment community will also provide a clubroom, central laundry, computer room, and an outdoor playground. Monthly rental will be affordable for families or singles who earn 60% of area median income or less, and will include owner-paid water, sewer, and trash collection.
Lowcountry Crossing is being developed by Woda Cooper Companies, Inc., and has received strong support from the City of Denmark. The development would not have been made possible without the allocation of Low Income Housing Tax Credits by the South Carolina State Housing Finance and Development Authority. Red Stone Equity Partners provided the primary equity investment to support the development. PCI Design Group is architect and Woda Construction, Inc. is general contractor.
“Affordable housing is in great demand in communities throughout rural America, and we applaud the City of Denmark leaders for seeing the value in a new housing options for moderate and low income workforce families, singles, and retirees on fixed incomes,” said Barry Accountius, Vice President – Development. “The City of Denmark’s support was a critical component in our success in earning the tax credits and attracting financing.”
For more information about Lowcountry Crossing, call 803-571-4641 or visit www.wodagroup.com.
About Woda Cooper Companies, Inc.
Woda Cooper Companies, Inc. and its affiliates are experienced developers, general contractors, and property managers specializing in the design, construction, and management of affordable multi-family apartments, senior communities, and single-family homes. Considered leading experts in the affordable housing industry, the Woda Cooper team is known for producing and maintaining high quality affordable housing. Affordable Housing Finance ranked the firm 13th overall among Developers and 26th overall among Owners in its April/May 2019 issue. Woda Cooper Companies, Inc. has developed and currently manages more than 300 communities and 12,000 units, operating in 15 states. In addition to its Columbus headquarters, the firm has offices in Savannah, Georgia; Indianapolis, Indiana; Shelbyville, Kentucky; Annapolis, Maryland; Mackinaw City, Michigan; Charlotte, North Carolina; and Norfolk, Virginia. For more, visit www.wodagroup.com