Who's building affordable housing in California?
Track records for leading LIHTC developers — sourced from TCAC award data and enriched with HCD Annual Progress Reports. SPV-unwound sponsor attribution.
Also see: Property manager rankings →
347,995
LI units built
4,306
TCAC projects
63,991
Units in pipeline
775
Developers tracked
536
Cities represented
Developer leaderboard
775 developers tracked — ranked by total low-income units built. Showing 1–25.
Browse affordable housing developers by city →
1
259 projects · 233 JVs
19,627
units
Completed TCAC projects (6 of 259)
Sycamore Senior Village226 unitsJV
The Grove Apartments202 unitsJV
Creekside Apartments183 unitsJV
Azure Park Apartments217 unitsJV
Tulare Portfolio (Site A)157 unitsJV
Chesapeake Bay Apartments150 units
+ 253 more projects
2
104 projects · 86 JVs
12,967
units
Completed TCAC projects (6 of 104)
Vintage at Natomas198 unitsJV
Vintage Oaks Senior Apartments240 unitsJV
Creekside Village Senior Apartments257 unitsJV
Vintage at Snowberry Senior Apartments222 unitsJV
Westgate Courtyards203 unitsJV
Vintage Crest Senior Apartments189 unitsJV
+ 98 more projects
3
141 projects · 141 JVs
11,069
units
Completed TCAC projects (6 of 141)
Alicante Apartments80 unitsJV
Tresor Apartments80 unitsJV
Blue Oak Court Apartments79 unitsJV
Chico Courtyards75 unitsJV
Paigewood Village72 unitsJV
Courtyards at Cypress Grove95 unitsJV
+ 135 more projects
4
82 projects · 79 JVs
10,217
units
Completed TCAC projects (6 of 82)
The Alexandria461 unitsJV
Heritage Park Apartments325 unitsJV
The Rosslyn Lofts259 unitsJV
Ridgeway Apartments223 unitsJV
Bay Vista at Meadow Park218 unitsJV
The Californian217 unitsJV
+ 76 more projects
5
106 projects · 102 JVs
10,211
units
Completed TCAC projects (6 of 106)
Villa Andalucia Apartments31 unitsJV
Rancho Buena Vista Apartments149 unitsJV
Fairbanks Ridge at Del Sur202 unitsJV
Imperial Gardens Apartments80 unitsJV
Brawley Gardens Apartments80 unitsJV
Vista Woods177 unitsJV
+ 100 more projects
6
108 projects · 35 JVs
9,000
units
Completed TCAC projects (6 of 108)
Mission Creek Senior Community139 units
Creekview Manor137 units
10th and Mission Family Housing135 units
New Dana Strand Town Homes114 unitsJV
Edith Witt Senior Community106 units
White Rock Village166 units
+ 102 more projects
7
125 projects · 120 JVs
8,349
units
Completed TCAC projects (6 of 125)
The Gardens at Ironwood Senior Apartments138 unitsJV
Casa Loma Family Apartments112 unitsJV
Waterman Square83 unitsJV
Murray Apartments49 unitsJV
Colusa Garden Apartments94 unitsJV
Hotel Stockton155 unitsJV
+ 119 more projects
8
82 projects · 52 JVs
7,809
units
Completed TCAC projects (6 of 82)
Dove Canyon Apartments118 units
Trestle Glen117 unitsJV
Mandela Gateway166 unitsJV
Woodbury Walk Apartments148 units
The Coronet148 unitsJV
Armstrong Place Senior Housing115 unitsJV
+ 76 more projects
9
85 projects · 81 JVs
7,328
units
Completed TCAC projects (6 of 85)
Skyline Village72 unitsJV
Regency Towers103 unitsJV
Inglewood Meadows198 unitsJV
Arbor Grove150 unitsJV
Essex Apartments149 unitsJV
Northland Village Apartments144 unitsJV
+ 79 more projects
10
85 projects · 85 JVs
7,318
units
Completed TCAC projects (6 of 85)
15th & Commercial139 unitsJV
Rancho del Norte Apartments118 unitsJV
The Crossings107 unitsJV
Mariposa Apartments105 unitsJV
Dawson Avenue Senior Apartments87 unitsJV
Holtville Gardens Apartments80 unitsJV
+ 79 more projects
11
83 projects · 54 JVs
6,498
units
Completed TCAC projects (6 of 83)
Mission Gateway120 units
Monte Vista Terrace149 unitsJV
Timberwood Apartments284 unitsJV
Fair Oaks Plaza123 units
Vineyard Crossings144 unitsJV
Devries Place Senior Apartments102 unitsJV
+ 77 more projects
12
83 projects · 83 JVs
6,493
units
Completed TCAC projects (6 of 83)
Andalucia Senior Apartments93 unitsJV
Emerald Terrace Apartments84 unitsJV
Cantabria Senior Apartments80 unitsJV
Adams and Central Mixed-Use Development79 unitsJV
Pico/Gramercy Family Apartments70 unitsJV
Cortina d' Arroyo107 unitsJV
+ 77 more projects
13
75 projects · 36 JVs
6,404
units
Completed TCAC projects (6 of 75)
Victoria Green105 units
Baywood Apartments80 units
Josephine Lum Lodge148 unitsJV
Ashland Village Apartments140 units
Downtown River Apartments80 units
Brentwood Senior Commons79 units
+ 69 more projects
14
68 projects · 62 JVs
5,634
units
Completed TCAC projects (6 of 68)
Plymouth West Apartments195 unitsJV
Bay View Vista Apartments192 unitsJV
Beverly Towers189 unitsJV
Indio Gardens150 unitsJV
El Paseo Family Apartments130 units
Almaden Family Apartments224 unitsJV
+ 62 more projects
15
47 projects · 23 JVs
5,362
units
Completed TCAC projects (6 of 47)
Muirlands at Windemere Apartments349 unitsJV
Baycliff Apartments340 unitsJV
Trestles Apartments69 unitsJV
Chesterfield Apartments42 units
Via Roble & Orange Place Apartments (Site A)64 unitsJV
Belmont Apartments219 unitsJV
+ 41 more projects
16
55 projects · 53 JVs
5,056
units
Completed TCAC projects (6 of 55)
Ashford Heights Apartments298 unitsJV
Montecito Vista Apartment Homes161 units
Emerald Cove Senior Apartments152 unitsJV
Belage Manor Apartments177 unitsJV
Heritage Oaks Apartments118 unitsJV
Grove Park Apartments (Site A)103 unitsJV
+ 49 more projects
17
68 projects · 32 JVs
4,994
units
Completed TCAC projects (6 of 68)
Pepperwood Apartments227 units
Hollydale Senior Apartments100 unitsJV
Season at Miraflores116 unitsJV
Arbor Village Apartments111 units
Dorado Senior Apartments148 unitsJV
Village at Beechwood99 units
+ 62 more projects
18
74 projects · 16 JVs
4,679
units
Completed TCAC projects (6 of 74)
Oakley Apartments205 unitsJV
Bellflower Terrace178 units
Loma Linda Commons118 units
Blue Mountain Senior Villas107 units
Tuolumne Village104 unitsJV
Los Banos Family Apartments (aka Pacheco Village)103 units
+ 68 more projects
19
59 projects · 47 JVs
4,666
units
Completed TCAC projects (6 of 59)
Studio 15274 unitsJV
Avian Glen85 unitsJV
Ten Fifty B Apartments, Phase I117 unitsJV
Ten Fifty B, Phase II109 unitsJV
Maple Square Apartment Homes130 units
The Fairways at San Antonio Ct.84 unitsJV
+ 53 more projects
20
42 projects · 42 JVs
4,601
units
Completed TCAC projects (6 of 42)
Mountain View Apartments276 unitsJV
Summer Field Apartments266 unitsJV
Imperial VI (Site 1)250 unitsJV
Village Pointe Apartments208 unitsJV
Miracle Terrace Apartments178 unitsJV
El Rancho Verde Apartments696 unitsJV
+ 36 more projects
21
46 projects · 45 JVs
4,563
units
Completed TCAC projects (6 of 46)
Hermosa Village Phase I ( Site A)295 unitsJV
Pavilion Park Senior Housing219 unitsJV
Westbrook Apartments217 unitsJV
Mission Bay Block 7198 unitsJV
Robert Pitts192 unitsJV
Pomona Intergenerational Housing89 units
+ 40 more projects
22
54 projects · 51 JVs
4,549
units
Completed TCAC projects (6 of 54)
Inglewood Meadows198 unitsJV
Regency Towers103 unitsJV
Rittenhouse Square99 unitsJV
Regent Plaza104 unitsJV
Leffingwell Manor88 unitsJV
Carson City Center Senior Housing85 unitsJV
+ 48 more projects
23
57 projects · 57 JVs
4,348
units
Completed TCAC projects (6 of 57)
Portofino Villas172 unitsJV
Serenity Villas173 unitsJV
Tesoro Del Valle119 unitsJV
Casa Bella 2111 unitsJV
Flores Del Valle Apartments144 unitsJV
Montecito Terraces96 unitsJV
+ 51 more projects
24
30 projects · 30 JVs
3,897
units
Completed TCAC projects (6 of 30)
Vintage at Natomas198 unitsJV
Vintage Willow Creek Senior Apartments183 unitsJV
Vintage Paseo Senior Apartments175 unitsJV
Vintage Point Senior Apartments Phase II168 unitsJV
Vintage at Laguna157 unitsJV
Creekside Village Senior Apartments257 unitsJV
+ 24 more projects
25
27 projects · 26 JVs
3,837
units
Completed TCAC projects (6 of 27)
Ridgeway Apartments223 unitsJV
Hurley Creek Senior Apartments206 unitsJV
Norden Terrace Apartments202 unitsJV
Dover Woods Senior Apartments198 unitsJV
Vineyard Point Apartments174 unitsJV
Heritage Park Apartments325 unitsJV
+ 21 more projects
Development model breakdown
Share of units built as sole sponsor vs. joint venture — developers 1–25.
Central Valley Coalition for Affordable Housing
11% sole sponsor89% JV
Riverside Charitable Corporation
20% sole sponsor80% JV
Pacific West Communities, Inc.
0% sole sponsor100% JV
Pacific Housing, Inc.
6% sole sponsor94% JV
Pacific Southwest Community Development Corporation
3% sole sponsor97% JV
Mercy Housing California
65% sole sponsor35% JV
Community Revitalization and Development Corporation
5% sole sponsor95% JV
BRIDGE Housing Corporation
38% sole sponsor62% JV
Housing Corporation of America
5% sole sponsor95% JV
Chelsea Investment Corporation
0% sole sponsor100% JV
MidPen Housing Corporation
27% sole sponsor73% JV
Meta Housing Corporation
0% sole sponsor100% JV
Eden Housing, Inc.
52% sole sponsor48% JV
Las Palmas Foundation
8% sole sponsor92% JV
Wakeland Housing and Development Corp.
38% sole sponsor62% JV
Jamboree Housing Corporation
4% sole sponsor96% JV
LINC Housing Corporation
55% sole sponsor45% JV
Corporation for Better Housing
70% sole sponsor30% JV
Affirmed Housing Group, Inc.
17% sole sponsor83% JV
Community Preservation Partners, LLC
0% sole sponsor100% JV
Related Development Company of California, LLC
2% sole sponsor98% JV
Thomas Safran
5% sole sponsor95% JV
AMCAL Enterprises, Inc.
0% sole sponsor100% JV
USA Properties Fund, Inc.
0% sole sponsor100% JV
St. Anton Capital, LLC
4% sole sponsor96% JV
Top cities by affordable units built
Concentrated production across these California cities by the tracked developers.
#1Los Angeles
587 projects39,112 units
#2San Francisco
185 projects18,181 units
#3San Jose
146 projects17,446 units
#4Sacramento
130 projects15,221 units
#5San Diego
150 projects15,189 units
#6Oakland
85 projects7,539 units
#7Fresno
65 projects6,240 units
#8Bakersfield
54 projects4,383 units
#9Long Beach
41 projects4,289 units
#10Santa Rosa
50 projects4,013 units
#11Anaheim
42 projects3,766 units
#12Richmond
23 projects3,323 units
Units in pipeline
Preliminary Reservation projects (awarded but not yet placed in service).
Pacific West Communities, Inc.
8,474
TPC Holdings IX, LLC
8,474
Central Valley Coalition for Affordable Housing
7,306
Riverside Charitable Corporation
2,984
Meta Housing Corporation
2,854
Community Revitalization and Development Corporation
2,368
USA Multifamily Development, Inc.
2,328
Affirmed Housing Group, Inc.
2,143
PacH San Jose Holdings, LLC
2,104
CFAH Housing, LLC
1,906
Pacific Southwest Community Development Corporation
1,690
National Community Renaissance of California
1,673
Eden Housing, Inc.
1,582
Chelsea Investment Corporation
1,513
Las Palmas Foundation
1,464
Pacific Housing, Inc.
1,403
ROEM Development Corporation
1,265
CRP Affordable Housing
1,253
Mercy Housing California
1,187
MRK Partners, Inc.
1,167
JEMCOR Development Partners, LLC
1,146
BRIDGE Housing Corporation
1,140
Danco Communities
1,108
Community Development Partners
1,052
Corporation for Better Housing
985
About this data
Stats are derived from TCAC (California Tax Credit Allocation Committee) Low-Income Housing Tax Credit award records, enriched with HCD Annual Progress Reports (APR) joined on Assessor Parcel Numbers. Attribution uses SPV-unwinding — project-specific LLCs are collapsed into their controlling parent sponsors. "APR confirmed" units reflect buildings with a certificate of occupancy recorded in the HCD APR. Data covers 775 developers with 2+ built projects through 2025. "Pipeline" = Preliminary Reservation stage (TCAC award issued, project not yet placed in service). JV = joint venture where two or more independent sponsors share the tax credit project. The headline totals (units, projects, pipeline) count each project once — JV projects are de-duplicated by TCAC application number — while the developer leaderboard credits every co-sponsor's involvement, so per-developer unit counts add up to more than the distinct statewide totals.
Scope: Primary source is TCAC LIHTC award data. It does not include affordable housing financed solely through HUD HOME loans, Section 8 project-based contracts, USDA Rural Development, local redevelopment funds, or bond financing without a tax credit award. Developers can submit non-TCAC projects via their dashboard; those verified by our team are included and marked self-reported in the leaderboard. Developers whose portfolios include a significant share of non-LIHTC affordable housing may still show lower counts than their own websites until those projects are submitted and approved.