To create and finance progressive housing solutions so more Californians have a place to call home.
Relationship to the State Government: Report to a board, whose members are appointed by the Governor and the Legislature
Current Staff Size: 140
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1975
CALHFA is established
1977
First Single Family Loan
1985
Standard and Poor’s awards “Top Tier” designation to CalHFA
1997
Introduction of Special Needs Housing Program
2001
First year of $1 billion in Single Family Lending volume
2015
150,000th Single Family Loan
Total Financing Provided
Renters Served Since 1975
Homeowners Served Since 1975
Signature Program
Extra Credit Teacher Program
The Extra Credit Teacher program was originally begun to help teachers and employees of public schools be able to afford to live in the cities where they work. The program provided a low interest rate first loan, and a forgivable junior loan if the employee worked at least three years in the school district. We have recently expanded the program to employees of fire departments, while evolving the benefits to serve more people and keep it financially viable.
School Workers and Firefighters Served to Date: 2,422
Future Focus
Tiena Johnson Hall
Executive Director
“As we’ve shown through our historic financial partnership with Apple Inc., one of our biggest priorities over the next three to five years is to expand our network of partnerships with other housing entities, lenders and stakeholders who complement CalHFA’s lending objectives and policy priorities in order to deliver effective and innovative housing solutions.”
First Single Family Loan
San Jose, CA
The De La Cruz family of San Jose received a $39,000 loan in 1977 to buy their first home on Houndsbrook Way. Pictured are Mr. & Mrs. de la Cruz with their three children, in addition to representatives from the California Legislature and the CalHFA Board of Directors.
Garbutt Family
Riverside, CA
The Garbutt Family was able to use a CalHFA loan to purchase their first home and make tens of thousands of dollars worth of energy-efficient upgrades with an EEM Grant. These upgrades included new windows, insulation, a water heater and more.
Daniel
Mental Health Services Act
San Diego, CA
Daniel is a war veteran who had fallen on tough times. “I never thought I’d get to be in an apartment–I thought I’d go through a program and end up back on the streets.” With help from the Mental Health Services Act, Daniel was able to get the services he needs, and a stable place to live.
