Mixed-Income Program
05/05/2026 - CalHFA has completed preliminary application assessments for the 2026 Mixed-Income Program. Applications were evaluated pursuant to the 2026 MIP term sheet, and the initial award list outlines the top 13 eligible developments, which are expected to produce 1,768 total units using $63 million in MIP subsidy loans. All preliminary awards are conditional and subject to CalHFA’s full underwriting and analysis of project feasibility.
Mixed-Income Program
The CalHFA Mixed-Income Program (MIP) provides long-term subordinate financing for new construction affordable multifamily developments throughout California that provide housing with units restricted at all income levels between 30% and 120% of the Area Median Income of the county in which the development will be located. The program was created with an annual appropriation of funds to CalHFA under 2017's Senate Bill 2 (SB2), the Building Homes and Jobs Act. CalHFA receives 15% of the Building Homes and Jobs Act Fund for MIP.
2026 Mixed-Income Program Term Sheet
2026 Mixed-Income Application Guide
MIP Information – 2025
- Archived 2025 Mixed-Income Program Term Sheet - No longer accepting applications
- Archived 2025 Preliminary Award List
