Workforce/Affordable Housing

During the development of Victoria’s community-driven 2035 Comprehensive Plan, residents identified the expansion of entry-level and moderate-income housing as a key goal for the city. The City of Victoria partners with private developers and leverages state and federal resources to expand low-cost housing options for residents.

Area median income

Some affordable housing options are reserved for residents who earn less than a certain percentage of Victoria’s area median income (AMI).

Area median income is updated yearly by the Department of Housing and Urban Development. This table shows AMI levels for 2022.

Household Size1234
60% AMI
$30,360
$34,680
$39,000
$43,320
70% AMI
$36,610
$41,860$47,110$52,290
80% AMI
$41,850
$47,800
$39,000
$59,750


For assistance, contact Development Services at 361-485-3360 or zwendel@victoriatx.gov.

Funding sources

Victoria Housing Finance Corporation

The Victoria Housing Finance Corporation issues tax-exempt bonds on behalf of private developers to finance affordable housing projects. The developer is responsible for repaying the bonds.

The VHFC collects developer fees and bond issuance fees on some of its projects. These additional fees can be used to fund other affordable housing projects.

Victoria Public Facility Corporation

The Victoria Public Facility Corporation issues tax-exempt bonds on behalf of private developers to finance mixed-income housing projects. The developer is responsible for repaying the bonds.

The VPFC collects developer fees and bond issuance fees on some of its projects. These additional fees can be used to fund other projects.

Texas Department of Housing and Community Affairs

The Texas Department of Housing and Community Affairs administers competitive and noncompetitive tax credit programs for affordable housing developments.

The City of Victoria supports and assists developers in applying for these tax credit programs.

Community Development Block Grant program

Development Services administers the federal Community Development Block Grant program, which is funded by the Department of Housing and Urban Development. These federal funds may be used to revitalize neighborhoods, expand affordable housing and provide other support to low- to moderate-income residents.

Affordable apartments supported by City partnerships 

Enchanted Gardens

Unit SizeNumber of UnitsEstimated monthly rent
1 bedroom48$339-726
2 bedrooms72$408-871
2 bedrooms48$470-1,007


large-enchanted gardens

  • Requirements: No more than 60% area median income
  • How it’s funded: VHFC bonds; TDHCA noncompetitive 4% housing tax credit program; deferred developer fee
  • Leasing to begin: Currently open; call 361-210-6733 or email info.enchantedgardens@realtexdevelopment.com
  • Apartments to open: November 2022


Odem Street Apartments

Unit SizeNumber of UnitsEstimated Monthly Rent
1 bedroom12$312-813
2 bedrooms132$379-1,023
3 bedrooms134$441-1,185
4 bedrooms36$489-1,318


  • Requirements: No more than 70% area median incomeapartments_photo
  • How it’s funded: VPFC bonds; TDHCA noncompetitive 4% housing tax credit program; deferred developer fee
  • Developer: The NRP Group
  • Leasing to begin: Fall 2023
  • Apartments to open: Spring 2024



FishPond at Victoria


Unit SizeNumber of UnitsEstimated Monthly Rent
1 bedroom57$350-750
2 bedrooms18$400-890


  • 081622_fishpond_1_webRequirements: No more than 60% area median income; must be 55 or older
  • How it’s funded: TDHCA competitive 9% housing tax credit program; private funding
  • Developer: FishPond LLC
  • Leasing to begin: Fall 2024
  • Apartments to open: Unknown



Infill housing program

Based on similar programs that have been successful in other cities, the program aims to transfer vacant lots to residential builders who will build houses at reasonable prices.

Lot owners will be able to donate their properties to this program in exchange for the forgiveness of outstanding liens. The City will transfer the land to developers or sell it at a reduced cost; in exchange, the developers must price their homes within a limited profit margin to keep them affordable.

  • Requirements: No more than 80% area median income; must be able to qualify for a mortgage
  • How it’s funded: Property donations; VHFC funds; CDBG funds
  • Construction to begin: Spring 2023