California

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California Housing Finance Agency

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

Visit CALHFA's Website
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1975

CALHFA is established

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1977

First Single Family Loan

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1985

Standard and Poor’s awards “Top Tier” designation to CalHFA

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1997

Introduction of Special Needs Housing Program

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2001

First year of $1 billion in Single Family Lending volume

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2015

150,000th Single Family Loan

$4B

Total Financing Provided

70,000

Renters Served Since 1975

201,000

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

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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.”

Success Stories
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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.

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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.

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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.

A Home for the Viramontes Family
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Mandela Gateway in Oakland, financed with CalHFA funding
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CalHFA employees building with Habitat for Humanity
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Ready to help homebuyers
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A safe, affordable home for everyone