Mixed-Income Program

The CalHFA Mixed-Income Program (MIP) is funded by the Building Homes and Jobs Act signed into law in 2017. The purpose of the Act is to establish a permanent, ongoing source of funding for the development of affordable housing.

Mixed-Income Program

The CalHFA Mixed-Income Program (MIP) is funded by the Building Homes and Jobs Act signed into law in 2017. The purpose of the Act is to establish a permanent, ongoing source of funding for the development of affordable housing. Beginning in 2019, and continuing on an annual basis, CalHFA will receive 15% of the SB 2: Building Homes and Jobs Act Fund, expected to be $30 - $45 million, to provide residential mixed-income housing with unit restrictions between 30% and 120% of the area median income.

Mixed-Income Program Termsheet

 

Notice of Funding Availability (NOFA)

Application Period
Feb. 5, 2019 - April 30, 2019

Funds available:
$40 million