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Develop single and multi family homes/apartments

Our company focuses on the development of low to moderate income communities through constructing affordable single family homes and multi-family developments. We are currently developing an affordable apartment complex consisting of 181 units located on 87th street. Upon completion we will also be constructing single-family housing, retail spaces and a senior center. Our hopes is to make Estates on 87th a community where everyone belongs. 

Assistance for Home Buyers

Through our sister company, Odessa Affordable Housing, Inc. (O.A.H.I.), we provide credit counseling, home buyer education classes, budgeting and information for down payment assistance (local and state).

Issuer of Mortgage Revenue Bonds

The purpose of mortgage revenue bonds is to provide a means to finance the cost of residential ownership and development that will provide decent, safe, and sanitary housing at affordable prices for residents of local governments. 

  • Single Family Mortgage Revenue Bond- 1979

  • Loans-to-Lenders Revenue Bond- 1983

  • Single Family Mortgage Revenue Bond-1990

  • Single Family Mortgage Revenue Bond-1992

  • Single Family Mortgage Revenue Tax-Exempt Bond-1992

  • Single Family Mortgage Revenue Bond-1997

Rental Properties

Our newest service we provide is rental housing. However, we do accept section 8 HUD vouchers. We are also open to purchasing new properties. Please contact O.H.F.C for more information (432) 362-2349 Laura Martinez- Housing Coordinator.


Application must be completed for viewing of our rental properties. 

Located in East Odessa. Home Available for 1 year lease NOVEMBER 1, 2019! 2 bedroom, 2 bath, Garage, Kitchen, Dining, Living Room, Washer/Dryer and all appliances included, Central AC & Heat, Attic, Backyard & Front courtyard. Nice Neighborhood. $1,500 per month. $1,500 Deposit. Utilities NOT Included. NO PETS. 

Showing by appointment only with a completed rental application. 

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