Annual Operating Budget
CalHFA Regulatory Agreement requires the submission of an annual operating budget. The annual budget anticipates income, operating expenses and capital improvements for the project. The budget serves as a financial operating plan and helps determine the need for a rent adjustment. Owners and Agents should refer to the project's Regulatory Agreement for specific requirement.
Due Date
The annual Operating Budget and list of anticipated capital improvements for the fiscal year is due 60 days prior to the beginning of the project's fiscal year.
Budget Format
Download the CalHFA Annual Operating Budget preferred format.
Submission
The Annual Operating Budget can be mailed by US mail or emailed in PDF format to the assigned CalHFA Asset Manager.
Mailing Address
Sacramento Headquarters
CalHFA
Assigned Asset Manager
500 Capitol Mall, Ste. 1400 (MS 995)
Sacramento, CA 95814
Online Submission
Access CalHFA's Web Compliance Management System (WCMS) to submit the Annual Operating Budget. The budget format is located within the Statement of Operations.
First time users must complete a registration form. Once approved, an email notification will be sent to the requester to access WCMS.
