California Housing Finance Agency 2011-2012 ANNUAL REPORT

SUPPORT SERVICES

Whether handling legal matters or marketing loan programs, the support teams make sure the Agency’s business needs are met and CalHFA employees can focus on borrowers, homeowners, lenders and other outside stakeholders.

 

Administration

The Administration division is responsible for the administrative functions of the Agency, including developing and maintaining the operating budget, establishing policies, maintaining facilities and procuring equipment, furniture and supplies.

California Housing Finance Agency

THE NEW SAN FRANCISCO - OAKLAND BAY BRIDGE

The new Eastern Span for the San Francisco - Oakland Bay Bridge is set to open to the public Labor Day 2013 at an estimated cost of $6.3 billion. It is designed to withstand the largest earthquake expected over a 1500 year period, and it is expected to last at least 150 years with proper maintenance.

Accomplishments - Human Resources

 

  • Calculated and issued approximately 300 current and former employees’ furlough back pay, totaling about $3.5 million
  • Recruited and hired 22 CalHFA staff
  • Promoted 10 employees
  • Revised approximately 70 duty statement

 

Accomplishments - Business Services/Facilities Operations

 

  • Renegotiated records storage contract, with an annual savings of almost $100,000
  • Moved the Single Family staff to West Sacramento