The Fiscal Services division safeguards CalHFA’s cash and investments. The division reports financial information to the executive team that is critical to the management of the Agency’s programs in accordance with federal and state requirements. The division also works closely with an independent accounting firm to ensure compliance during the Agency’s yearly financial audit.
Purchased loans totaling $67.3 million
Assisted with securitization of $240 million of first mortgages, an increase of more than $200 million
Began administration of HUD’s HOME Tenant-Based Rental Assistance Program
Received award for Excellence in execution of statewide implementation of Concur hotel compliance