Affordable housing grant programs

Federal, California state, and foundation funding programs for affordable housing development — 21 programs shown.

All sourcesFederalCalifornia StateFoundation / CDFI
All typesGrantLoanTax CreditBondIncentiveGrant + Loan
California StateTax Credit

California Low-Income Housing Tax Credit(State LIHTC)

California Tax Credit Allocation Committee (TCAC)

State tax credit layered on top of the federal LIHTC to boost equity in California affordable housing projects.

Funding: $500M/year; $100M set aside for CalHFA MIP; $25M for farmworker housing

Who can apply: Same as federal LIHTC — nonprofit and for-profit affordable housing developers in California

California StateBond

Tax-Exempt Private Activity Bonds(PABs / QRRP)

California Debt Limit Allocation Committee (CDLAC)

California's annual bond volume cap allocation for affordable multifamily housing, enabling 4% LIHTC financing.

Funding: ~$5B+ annual volume cap; 3 QRRP rounds per year

Who can apply: Affordable multifamily rental developers using conduit bond issuers; automatically triggers 4% federal LIHTC

California StateLoan Closed

Multifamily Housing Program(MHP)

California HCD

State deferred-payment loan (3% simple interest) for new construction, rehabilitation, and preservation of affordable rental housing.

Funding: $240M available (2026 NOFA); max $20M per project; 55-year deferred loans

Who can apply: Nonprofit and for-profit developers of multifamily rental housing for lower-income households

California StateGrant + Loan Closed

Affordable Housing and Sustainable Communities(AHSC)

Strategic Growth Council / HCD

Combines housing development with transit, active transportation, and GHG reduction investments. One of California's largest climate-housing programs.

Funding: ~$120M per round; funded by Cap-and-Trade auction proceeds

Who can apply: Affordable housing developers partnering with transportation agencies; projects in Disadvantaged Communities (DACs)

California StateGrant

Homekey Program(Homekey)

California HCD

Funds acquisition and rehabilitation of hotels, motels, and vacant buildings for conversion to housing for people experiencing homelessness.

Funding: $3B+ total across multiple rounds

Who can apply: Cities, counties, PHAs, COGs, tribal entities

California StateGrant

Homekey+ Program(Homekey+)

California HCD

Expands Homekey with Proposition 1 bond funds, targeting permanent supportive housing for the most vulnerable Californians.

Funding: ~$2.145B (Proposition 1, 2024 bond)

Who can apply: Cities, counties, PHAs, COGs, regional agencies, tribes; housing for Veterans, transition-age youth, and individuals with mental health needs

California StateLoan

California Housing Accelerator(CHA)

California HCD

Forgivable loans to jumpstart shovel-ready projects stuck in the financing gap. Projects must start construction within 180 days.

Funding: ~$1.6B total (ARPA-funded); 0% interest, no payments for 20 years

Who can apply: Multifamily affordable housing projects that already have an active HCD award but cannot access LIHTC or bonds

California StateGrant Closed

Infill Infrastructure Grant(IIG)

California HCD

Funds streets, utilities, and parks infrastructure that is integral to affordable or mixed-income infill housing development.

Funding: Part of HCD Multifamily Finance Super NOFA pool (~$382M in 2025 Round 3)

Who can apply: Local governments and affordable housing developers in infill locations

California StateGrant Closed

Permanent Local Housing Allocation(PLHA)

California HCD

Ongoing state funding for local affordable housing activities, from new construction to homebuyer assistance and ADU programs.

Funding: Formula allocations based on SB 2 real estate document recording fee revenues

Who can apply: Cities and counties (formula); non-entitlement local governments (competitive); broad affordable housing uses

California StateLoan

No Place Like Home(NPLH)

California HCD

State bond loan program pairing affordable housing with mental health services for the state's most vulnerable homeless residents.

Funding: $2B total (Prop 2 bonds); up to $30M per county project

Who can apply: California counties (and their developer partners); permanent supportive housing for adults with serious mental illness who are homeless

California StateGrant + Loan

Joe Serna Jr. Farmworker Housing Grant(FWHG)

California HCD

Grants and loans for new construction or rehabilitation of owner-occupied or rental housing for California's farmworker population.

Funding: Part of HCD Multifamily Finance Super NOFA pool

Who can apply: Local governments, nonprofits, and for-profit developers; housing for agricultural workers and their families

California StateLoan

Transit-Oriented Development Program(TOD)

California HCD

State loans for affordable multifamily housing near transit, reducing car dependency and supporting climate goals.

Funding: Part of HCD Multifamily Finance Super NOFA pool

Who can apply: Affordable housing developers (nonprofit and for-profit) within a half-mile of transit stations

California StateGrant + Loan

CalHome Program(CalHome)

California HCD

Funds first-time homebuyer assistance, owner-occupied rehabilitation, ADU construction, and homebuyer education programs.

Funding: Up to $5M per agency; up to $38K per homebuyer/homeowner

Who can apply: Local public agencies and nonprofit organizations; households at or below 80% AMI

California StateGrant

Homeless Housing, Assistance and Prevention(HHAP)

California HCD

State grants for the full spectrum of homelessness interventions — from interim shelter and encampment resolution to permanent housing and services.

Funding: $300M–$1B+ per round; Rounds 1–4 released

Who can apply: CoC lead agencies, cities, counties, tribal entities, and perinatal residential programs

California StateGrant

Encampment Resolution Funding(ERF)

California HCD

Targeted funding to resolve encampments and connect residents to housing or shelter.

Funding: ~$93M awarded in 2025

Who can apply: Local governments and tribal entities

California StateGrant

Emergency Solutions Grants(ESG)

HUD / California HCD

Federal grant passed through HCD for emergency shelter operations and services, rapid rehousing, and HMIS data systems.

Funding: ~$40–50M California/year (HCD share for non-entitlement jurisdictions)

Who can apply: Nonprofits and local governments; emergency shelter, rapid rehousing, homelessness prevention

California StateLoan

CalHFA Multifamily Lending Programs(CalHFA)

California Housing Finance Agency

Tax-exempt and taxable permanent loans and construction financing for affordable housing serving individuals, families, seniors, and veterans.

Funding: $3B+ annual lending; competitive long-term permanent financing

Who can apply: Nonprofit and for-profit developers of affordable multifamily rental housing

California StateGrant + Loan

CalHFA Mixed-Income Program(MIP)

CalHFA / TCAC

Pairs a dedicated state LIHTC set-aside with CalHFA financing to enable mixed-income projects serving a range of income levels.

Funding: $100M state LIHTC set-aside annually; combined with CalHFA construction and permanent loans

Who can apply: Nonprofit and for-profit developers of mixed-income housing with affordable units

California StateGrant

CASF Broadband Public Housing Account(CASF / BPHA)

California Public Utilities Commission (CPUC)

Funds broadband infrastructure installation in affordable housing developments so residents receive free internet access for at least 5 years.

Funding: ~$30M/year; up to 100% of eligible broadband infrastructure costs

Who can apply: ISPs, housing owners, property managers, tribal entities; 80%+ of residents must be low-income

California StateIncentive

Solar on Multifamily Affordable Housing(SOMAH)

California Public Utilities Commission (CPUC)

Solar installation incentive providing bill credits to tenants in affordable housing — reducing energy costs for low-income renters.

Funding: $100M/year authorized; $1,000 per kW DC incentive

Who can apply: Owners of affordable multifamily housing (5+ units, 80%+ low-income tenants) in PG&E, SCE, SDG&E, or SoCalGas territories

California StateGrant

Equitable Building Decarbonization(EBD)

California Energy Commission (CEC)

Covers 100% of the cost of electrification upgrades in income-qualified properties, reducing energy bills and carbon emissions.

Funding: ~$770M total IRA-funded; free heat pumps, EV chargers, and electrification upgrades

Who can apply: Low-income households and affordable multifamily housing buildings; community organizations can apply for portfolios

Looking for upcoming deadlines?

The funding calendar tracks application deadlines for TCAC, HCD, CDLAC, and other programs.

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