Award presented at 22nd annual Charles L. Edson Tax Credit Excellence Awards to honor Cooper’s long-term commitment to affordable housing
WASHINGTON ― The Affordable Housing Tax Credit Coalition awarded the David Reznick Lifetime Achievement Award to Will Cooper Sr., founder and chairman of WNC & Associates, at the 22nd annual Charles L. Edson Tax Credit Excellence Awards on June 8 at the U.S. Capitol Visitors Center in Washington, D.C.
Senator Mike Crapo (R-IA) and Congressman Xavier Becerra (D-CA) offered remarks separately in presenting the award to Mr. Cooper at the event, which honors Low Income Housing Tax Credit developments at the forefront of creating stronger, healthier communities in urban, suburban and rural areas nationwide.
“When it comes to affordable housing and community development, Will Cooper Sr. is a pioneer who has done it all,” said Anthony J. Alfieri, president of the Affordable Housing Tax Credit Coalition. “On behalf of the entire industry, I’d like to thank Will for his hard work and dedication to our shared mission. We couldn’t think of a more deserving recipient to better represent David Reznick’s legacy.”
The David Reznick Lifetime Achievement Award recognizes Mr. Cooper’s longtime commitment to supporting the work of the affordable housing and community development industry on the federal, state and local levels. He has testified before both the U.S. Senate and House of Representatives and has worked tirelessly for decades to create and preserve affordable homes for low-income families across the country.
Mr. Cooper founded WNC, a national investor in real estate and community development initiatives, in 1971 in Irvine, California. Over time, he built the company’s investor base to include Fortune 500 companies, insurance giants, and multinational banks, helping to bring private investment into the affordable housing sector. In 1997 he cofounded the California Housing Consortium to unite the businesses and organizations working to support affordable housing in the state in a nonpartisan advocacy effort, to great success.
David Reznick was co-founder and Chairman of the Board of Reznick Group, P.C. before the firm combined with J.H. Cohn in 2012 to form CohnReznick LLP. The success of CohnReznick is due, in large part, to the formidable presence David established in the affordable housing industry more than 40 years ago. An industry legend and visionary, he was known for his tireless work to create and protect affordable housing.
About the Affordable Housing Tax Credit Coalition
Founded in 1988, AHTCC is a trade organization of housing professionals who advocate for affordable rental housing financed using the Low-Income Housing Tax Credit (Housing Credit). Our for-profit and non-profit members—including syndicators, investors, lenders, developers, legal and accounting professionals and state allocating agencies—seek to preserve, expand and improve the Housing Credit and complementary programs through legislative outreach and education. Please visit www.taxcreditcoalition.org for more information about joining the Affordable Housing Tax Credit Coalition.
The Housing Credit is America’s main tool for creating and preserving affordable housing for hardworking families, veterans, people with special needs, seniors, teachers, nurses, firefighters and police officers, among others. Since its creation in 1986, the Housing Credit has represented the best of public-private partnerships, bringing into communities more than $100 billion in private capital to finance nearly 3 million quality affordable apartments, producing or preserving 90,000 to 95,000 homes and supporting 96,000 jobs each year.