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Housing Finance Corporation
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Mike Etienne
Assistant City Manager
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The Victoria Housing Finance Corporation (VHFC) was established in 1979, pursuant to the Texas Housing Finance Corporations Act as a separate not-for-profit entity to provide safe, decent and sanitary housing for persons of low and moderate income.
The Corporation is exempt from federal income tax, and from state and local taxes. It is authorized to issue debt/bonds for the purpose of supporting affordable single-family home mortgages, and issue private activity bonds to provide financing for multifamily housing projects for low and moderate-income owners. It can also serve as a general partner in multi-family housing projects.