Texas

Tax credit apartments in Odessa, TX

HUD's database lists 12 properties in Odessa built or rehabbed with low-income housing tax credits: 1,501 apartments, 1,370 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

87th Street

8640 Hunter Miller Way, Odessa, TX 79765

HUD lists it as senior housing · 27 1BR, 78 2BR, 76 3BR

Apartments
181
Income-restricted
181
Placed in service
n/a

Arbor Oaks Apts

1000 E Monahans St, Odessa, TX 79761

Apartments
120
Income-restricted
120
Placed in service
2004

Arbor Terrace Townhomes (Antiqua Terrace Apts)

1101 Fitch Ave, Odessa, TX 79761

72 2BR, 56 3BR

Apartments
128
Income-restricted
128
Placed in service
2001

Chaparral Village Apts

1411 S Grant Ave, Odessa, TX 79761

Apartments
80
Income-restricted
n/a
Placed in service
n/a

Cove In Odessa

Neq Of San Antonio St. & Brownstone Rd., Odessa, TX 79765

HUD lists it as senior housing

Apartments
200
Income-restricted
200
Placed in service
n/a

Key West Senior Village

1600 W Clements St, Odessa, TX 79763

Apartments
120
Income-restricted
120
Placed in service
2002

Key West Village Phase II

1600 W Clements St, Odessa, TX 79763

Apartments
36
Income-restricted
n/a
Placed in service
n/a

La Promesa Apts

4590 N Texas Ave, Odessa, TX 79762

58 2BR, 78 3BR

Apartments
136
Income-restricted
136
Placed in service
2012

Sage Brush Village

3250 W Eighth St, Odessa, TX 79763

Apartments
112
Income-restricted
112
Placed in service
2011

Sedona Springs Village

920 W University Blvd, Odessa, TX 79764

28 1BR, 38 2BR, 34 3BR

Apartments
100
Income-restricted
85
Placed in service
2006

The Grove

West Fourth & N Elliot Ave, Odessa, TX

Apartments
n/a
Income-restricted
n/a
Placed in service
2007

Vera In Odessa

491 Tx-191 Frontage, Odessa, TX 79765

HUD lists it as senior housing

Apartments
288
Income-restricted
288
Placed in service
2022

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.