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Today's Interest Rates

Key CDLAC Dates

Next Board Meeting

Dates, Locations and Board Materials for upcoming Board Meetings.

Press & Media

CalHFA press releases, articles that have appeared in newspapers and other media.

2015/2016 Annual Report

The FY 2015/2016 Annual Report and its supporting documents are now available online.

Multifamily Programs

With the unprecedented shortage of affordable rental housing in California, CalHFA offers a variety of loan programs with competitive rates and long-term financing to advance the creation and preservation of affordable housing for people who truly need it. Our programs have been streamlined for maximum efficiency, and our ability to collaborate with public and private partners allows us to be creative in financing affordable housing.

Acquisition/Rehabilitation Loan Programs
In partnership with local governments, CalHFA may offer Taxable, Tax-Exempt or CalHFA funded Acquisition/Rehabilitation Loans that provide short-term financing to preserve and/or increase the affordability of existing multifamily rental housing developments that house individuals, families, seniors, veterans and special needs tenants. An Acq/Rehab Loan must be paired with a CalHFA Permanent Loan.

Permanent Loan Programs
CalHFA’s Taxable, Tax-Exempt, or CalHFA funded Permanent Loan Programs provide competitive long-term financing for affordable multifamily rental housing Projects. Eligible projects include newly constructed or acquisition/rehabilitation developments that provide affordable housing opportunities for individuals, families, seniors, veterans, and special needs tenants.

Conduit Issuer Program
This program is designed to facilitate both for-profit and non-profit developers in accessing tax-exempt bonds for the financing of affordable housing developments.

Disclaimer: Each document is intended for informational purposes only. If your loan application is accepted by CalHFA, the loan documents specific to your transaction will be tailored to meet the specific requirements of your transaction and may vary substantially from the documents posted here. The template loan documents are subject to change without notice. CalHFA does not warrant or represent that the covenants and conditions in the template documents will apply to your specific transaction.