Articles from California Housing Finance Agency

Tony Sertich is the new Executive Director of the California Housing Finance Agency after he was appointed to the position by Governor Gavin Newsom on Friday.

The California Housing Finance Agency is welcoming Stephanie McFadden, a veteran of the affordable housing industry, as the new Director of Multifamily Programs.

Rebecca Franklin, Ed.D. is CalHFA’s new Chief Deputy Director following Governor Gavin Newsom’s announcement of her appointment on Friday, November 22, 2024.

The Federal Housing Finance Agency has selected California Housing Finance Agency Executive Director Tiena Johnson Hall as one of 20 national housing thought leaders to serve on the organization’s inaugural Advisory Committee on Affordable, Equitable and Sustainable Housing.

The California Housing Finance Agency has once again earned two Government Finance Officers Association awards for excellent financial reporting, marking the fifth consecutive year of recognition.

The California Housing Finance Agency has once again received national recognition for being a leader and an innovator in government housing finance.

Using a suite of affordable housing and homeownership programs that address the diverse needs of our state, the California Housing Finance Agency in Fiscal Year 2022-23 helped 13,879 California households take steps toward housing stability and building intergenerational wealth.

Moody’s Investors Service has recognized the improved financial strength of the California Housing Finance Agency by upgrading CalHFA’s Issuer Rating to “Aa2.” It is the highest rating in Agency history and is among the top ratings that Moody’s assigns to housing finance agencies nationwide.

S&P Global Ratings has upgraded the California Housing Finance Agency’s general obligation credit rating to “AA” with Stable Outlook. It represents the highest general obligation rating in CalHFA’s 47-year history.

James Cervantes, who joined the California Housing Finance Agency’s Board of Directors earlier this year, will take over as its permanent Chair following Governor Gavin Newsom’s official designation on Wednesday.

Since launching its Mixed-Income Program in 2019, the California Housing Finance Agency has made loan commitments to 47 projects which, when completed, will represent more than 7,600 new affordable homes across the state.

Following its launch last year, the California Housing Finance Agency’s Bond Recycling Program has steadily gathered interest from local government partners as well as affordable housing developers, leading to today’s announcement of two groundbreaking local partnerships that truly represent a milestone in the world of housing finance.

Following a Tuesday event in Oakland where Governor Gavin Newsom signed legislation to boost affordable housing supply and strengthen accountability measures – and touted the state’s $22 billion investment in a broad range of housing types including Accessory Dwelling Units (ADUs) — the California Housing Finance Agency is thrilled to introduce its new ADU Grant Program.

The California Housing Finance Agency (CalHFA) is pleased to welcome Ellen E. Martin, Erwin J. Tam and Pratixa A. Desai, who have been appointed by Governor Gavin Newsom to leadership positions at CalHFA.

The California Housing Finance Agency (CalHFA) will get a new Executive Director, as Tiena Johnson Hall was appointed by Governor Gavin Newsom on Monday.