Tobias Place
549 W Biddison St. Fort Worth, TX | 288 Units 60% or less AMI, 0-30% AMI









Tobias Place marks a historic milestone as the first new multifamily development in the neighborhood in over 40 years. The community provides 288 affordable homes, with 235 units reserved for households earning 60% or less of the Area Median Income (AMI) and 53 units dedicated to those at 0-30% AMI. Designed for modern living, the one-, two-, and three-bedroom apartments are complemented by community spaces including a children’s play area, dog run, pool, multi-purpose fitness center, and co-working rooms.
This development directly supports the City’s commitment to providing high-quality, accessible housing while fostering local economic growth. Tobias Place has overcome numerous challenges including working through installing a Quiet Zone, a grueling negotiation process with Union Pacific Railroad as well as working through challenges of inner-city infrastructure that had not been touched in decades. The project utilizes City and County ARPA funds for critical infrastructure, including a new sanitary sewer and a sophisticated stormwater system with dual detention ponds.
The property was named after local leader Cirildo ‘Toby’ Tobias. His legacy of devotion to this community continues to inspire the City of Fort Worth’s revitalization efforts.
Credits
Developer: Ojala Holdings
Architect / Design Firm: Archon Corporation
Lenders: Regions Bank
Syndicator: Hunt Capital Partners
Financing
4% housing credit and private activity bonds; ARAP City and County; Fort Worth Housing Finance Corp; Private Foundation – Rainwater
Amenities
- Pool with Cabanas and Outdoor Seating
- Multi-Purpose Fitness Center
- Co-working Spaces
- Resident Lounge
- Playground
- Controlled Access
- Mail Room