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Black-Owned Construction Company Goes From Debt to Being Worth Billions

Georgia-based construction company, C.D. Moody Construction , started from humble beginnings. According to Shoppe Black , founder, C. David Moody, started the construction company in 1988 when he and his wife, Karla, were in debt. Suffering from financial hardships, the couple was forced to work from their bedroom. In September of 2019, David Moody became 49 percent partner in an affordable and market-rate housing, restaurants, retail, offices, and a performing arts center construction deal worth $650 million, Shoppe Black reports. C.D. Moody’s projects are now worth nearly $3 billion and the company has completed over 200 commercial projects. Along with raking in billions, the construction company makes room to give back to the Atlanta community. C.D. Moody mentors children in the Atlanta area by teaching them financial literacy and the value of hard work. The Moody family also set the tone in their own home by implementing the same mentorship system with their children. “Every...

Devin Crudup

May 1, 2020