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CalHFA-Multifamily Programs

Multifamily Programs Divisions

Multifamily Programs provide permanent financing for the acquisition, rehabilitation, and preservation or new construction of rental housing that includes affordable rents for low and moderate income families and individuals. The following information describes available financing, terms, and our loan processing requirements.


Notice of Funding Availability (NOFA) - Governor's Homeless Initiative
For more information on the Governor's Homeless Initiative see HCD's web site at http://www.hcd.ca.gov/fa/ghi/

Housing Proposition Informations

PUBLICATIONS
Newsbulletins


CONTACT INFORMATION
Staff Contacts

NEWS
2008 CalHFA Rents
2008 Median Income Limits

USEFUL LINKS
(CDLAC, TCAC, HCD, HUD, etc.)


LENDING PROGRAMS

Loan to Lender Program - (under revision, please call for status of Program).
Permanent Loans
Acquisition Rehabilitation Financing

Special Needs Financing
Tax-Exempt Bridge Loan
Predevelopment Loans
HUD Section 202 Refinancing Program
Construction Loan Program
Residual Gap Loan Program
Mental Health Services Act Housing Program (MHSA)


LOAN APPLICATION PROCESS

Universal Application

Universal Application Checklist Forms
Universal Application Checklist (xls)
Development Timetable (xls)
Regulated Unit Summary (xls)
Credit Authorization (doc)
TEFRA Form (pdf)

Loan Processing Requirements
Legal Requirements
Reserve Requirements
Physical Needs Assessment
Common Area Accessibility Report
Architectural Recommendations


LOAN CLOSING FORMS
For the most recent version of the Acquisition/Rehab Loan Closing Checklist, please contact Marisa Fogal at mfogal@calhfa.ca.gov

Construction Checklist
Insurance Requirements (Construction)
Borrower Signature Election (Construction)
Permanent Loan Closing Checklist
Insurance Requirements (Permanent)
Loan to Lender Closing Checklist
Affirmative Fair Housing/HUD form
W-9 Request for Taxpayer ID Number
Construction to Perm Conversion Checklist
Deposit Account Control Agreement


The following forms are in Word format and can be filled in electronically.

Contact List
Architect's and Contractor’s Completion Certificate
Letter of Credit Requirements
Letter of Reliance
Assignment of Warranties
Identity of Interest
Locality Contribution Letter 51335 (a)(2)
Opinion Letter
Unrelated Parties Transaction Representation