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 326350.

Browse affordable housing developers by city →

326
Daedalus Development Company
2 projects · 2 JVs
100% JV
368
units
Completed TCAC projects (2)
Fairbanks Ridge at Del SurSan Diego202 unitsJV
Hunters Pointe ApartmentsCarlsbad166 unitsJV
327
WCH Affordable VII, LLC
6 projects · 6 JVs
100% JV
367
units
Completed TCAC projects (6)
The Magnolia at HighlandSan Bernardino79 unitsJV
SC Senior ApartmentsSan Clemente75 unitsJV
Sherman Village ApartmentsReseda72 unitsJV
The Grove at Sunset CourtBrentwood53 unitsJV
Tavarua Senior ApartmentsCarlsbad49 unitsJV
5400 Hollywood Family ApartmentsLos Angeles39 unitsJV
328
DeRose HDC, Inc.
3 projects
0% JV
366
units
Completed TCAC projects (3)
El Parador Senior apartmentsCampbell · 2025124 units
Villa Hermosa SrSan Jose · 202299 units
Blossom River ApartmentsSan Jose · 2019143 units
329
Villa Garcia, Inc.
2 projects · 1 JVs
32% JV+89 pipeline
359
units
Completed TCAC projects (2)
Bellarmino PlaceSan Jose115 unitsJV
Rincon de los EsterosSan Jose · 2025244 units
330
AHA Los Angeles II MGP, LLC
3 projects · 3 JVs
100% JV
357
units
Completed TCAC projects (3)
Golden West TowerTorrance178 unitsJV
Woodman Arleta ApartmentsPanorama City103 unitsJV
26 Point 2Long Beach · 202376 unitsJV
331
Monterey County Housing Authority Development Corp
6 projects · 1 JVs
22% JV
356
units
Completed TCAC projects (6)
Rippling River ApartmentsCarmel Valley78 unitsJV
Benito Street Affordable Housing CommunitySoledad69 units
Benito Street Farm Labor CenterSoledad62 units
Monterey Street ApartmentsSoledad51 units
Haciendas ApartmentsSalinas52 units
Castroville Farm Labor Center ("FLC")Castroville44 units
332
Norwood Phoenix Park, LLC
2 projects
0% JV
356
units
Completed TCAC projects (2)
Phoenix Park IISacramento180 units
Phoenix Park ISacramento176 units
333
Assoc. Dev., Inc.
2 projects · 2 JVs
100% JV
354
units
Completed TCAC projects (2)
Wilshire ManorLos Angeles280 unitsJV
William Penn ManorWhittier74 unitsJV
334
Housing Assistance Corporation
5 projects · 5 JVs
100% JV
350
units
Completed TCAC projects (5)
Courtyards at Cypress GroveOakley95 unitsJV
Kearney Palms Senior ApartmentsKerman80 unitsJV
Elderberry at BethelSanger73 unitsJV
Brierwood CourtFresno73 unitsJV
Canyon Springs ApartmentsFresno29 unitsJV
335
Cecilia Place Homes, Inc
5 projects · 5 JVs
100% JV
349
units
Completed TCAC projects (5)
Cornerstone at JapantownSan Jose52 unitsJV
Belovida at Newbury Park Senior ApartmentsSan Jose184 unitsJV
Willow HousingMenlo Park59 unitsJV
Bella Terra Senior ApartmentsMorgan Hill39 unitsJV
Cecilia PlaceTiburon · 201815 unitsJV
336
Sac4 Cornucopia LLC
4 projects · 4 JVs
100% JV
347
units
Completed TCAC projects (4)
Kenneth Park ApartmentsCarmichael96 unitsJV
Sunrise Meadows ApartmentsRancho Cordova94 unitsJV
The Groves at Manzanita ApartmentsCarmichael88 unitsJV
Summit at Fair OaksFair Oaks69 unitsJV
337
Santa Clarita Valley Committee on Aging Corporatio
2 projects · 2 JVs
100% JV
347
units
Completed TCAC projects (2)
Canyon Country Senior ApartmentsSanta Clarita198 unitsJV
Castaic Lake Senior ApartmentsCastaic149 unitsJV
338
Santa Clarita Valley Committee on Aging Group
2 projects · 2 JVs
100% JV
347
units
Completed TCAC projects (2)
Canyon Country Senior ApartmentsSanta Clarita198 unitsJV
Castaic Lake Senior ApartmentsCastaic149 unitsJV
339
Northpoint Housing, Inc.
4 projects · 4 JVs
100% JV
346
units
Completed TCAC projects (4)
The CoronetSan Francisco148 unitsJV
Alta TorrePalo Alto55 unitsJV
Belvedere Place ApartmentsSan Rafael25 unitsJV
Chelsea Gardens ApartmentsSanta Rosa · 2025118 unitsJV
340
The Michaels Development Company
4 projects · 4 JVs
100% JV+57 pipeline
345
units
Completed TCAC projects (4)
Jordan Downs Phase 1BLos Angeles133 unitsJV
Colusa Garden ApartmentsColusa94 unitsJV
Madera ApartmentsMadera67 unitsJV
Tuolumne ApartmentsTuolumne51 unitsJV
341
Bath Street Partners, Inc.
2 projects
0% JV
344
units
Completed TCAC projects (2)
Casablanca ApartmentsPalmdale · 2020198 units
Sorrento VillasSimi Valley · 2019146 units
342
Stamas Corp
2 projects · 2 JVs
100% JV
343
units
Completed TCAC projects (2)
Knolls at Green Valley ApartmentsCameron Park199 unitsJV
Northpointe Park ApartmentsSacramento144 unitsJV
343
Palo Alto Housing Corporation
6 projects · 4 JVs
64% JV
343
units
Completed TCAC projects (6)
Oak Court ApartmentsPalo Alto52 unitsJV
Tree House ApartmentsPalo Alto34 unitsJV
950 ECRMountain View70 units
Eagle Park ApartmentsMountain View66 unitsJV
Colorado Park ApartmentsPalo Alto55 units
2821 ECRRedwood City · 202166 unitsJV
344
Beyond Shelter Housing Development Corporation
6 projects · 6 JVs
100% JV
342
units
Completed TCAC projects (6)
Hollydale Senior ApartmentsSouth Gate100 unitsJV
Central Village ApartmentsLos Angeles84 unitsJV
Broadway Village IILos Angeles49 unitsJV
Imperial Highway ApartmentsLos Angeles46 unitsJV
Academy HallLos Angeles45 unitsJV
Casa CarondeletLos Angeles · 202318 unitsJV
345
Pico Union Housing Corp.
6 projects · 2 JVs
32% JV
338
units
Completed TCAC projects (6)
Pascual Reyes TownhomesLos Angeles13 units
Leaster Apartments (Site A)Los Angeles131 units
Luisa ApartmentsLos Angeles · 202455 units
Las BrisasLos Angeles · 202330 units
Marina AptsLos Angeles · 202263 unitsJV
Mercedes AptsLos Angeles · 202246 unitsJV
346
National Affordable Communities
6 projects · 2 JVs
29% JV
338
units
Completed TCAC projects (6)
Lozano Vista Family ApartmentsMendota80 units
Avalon Family ApartmentsCorcoran55 units
Mirage Vista Family ApartmentsPixley54 units
Olympic VillageClearlake53 unitsJV
Roosevelt Family ApartmentsNipomo51 units
Arbor View ApartmentsAnaheim45 unitsJV
347
Montalvo Associates
2 projects · 2 JVs
100% JV
335
units
Completed TCAC projects (2)
Las Ventanas ApartmentsSan Jose236 unitsJV
Villa Solera Apartment HomesSan Jose99 unitsJV
348
AHA Los Angeles MGP, LLC
2 projects · 2 JVs
100% JV
334
units
Completed TCAC projects (2)
Park Western ApartmentsLos Angeles214 unitsJV
La Villa Puente ApartmentsLa Puente120 unitsJV
349
Abbey Road
5 projects · 3 JVs
46% JV+124 pipeline
333
units
Completed TCAC projects (5)
Cedar Ridge ApartmentsLancaster109 unitsJV
Sun CommonsLos Angeles101 units
Moonlight VillasLos Angeles26 unitsJV
Mid Celis Apartments (Site A)San Fernando19 unitsJV
Imagine Village IILancaster · 202478 units
350
Many Mansions, a California nonprofit corporation
6 projects · 1 JVs
18% JV
330
units
Completed TCAC projects (6)
Shadow HillsThousand Oaks100 units
Villa GarciaThousand Oaks79 units
Hillcrest VillasThousand Oaks59 unitsJV
Ormond Beach Villas (a.k.a Vista Pacifica)Oxnard39 units
Schillo GardensThousand Oaks28 units
Sun King ApartmentsSun Valley · 202425 units

Development model breakdown

Share of units built as sole sponsor vs. joint venture — developers 326350.

Daedalus Development Company
0% sole sponsor100% JV
WCH Affordable VII, LLC
0% sole sponsor100% JV
DeRose HDC, Inc.
100% sole sponsor0% JV
Villa Garcia, Inc.
68% sole sponsor32% JV
AHA Los Angeles II MGP, LLC
0% sole sponsor100% JV
Monterey County Housing Authority Development Corp
78% sole sponsor22% JV
Norwood Phoenix Park, LLC
100% sole sponsor0% JV
Assoc. Dev., Inc.
0% sole sponsor100% JV
Housing Assistance Corporation
0% sole sponsor100% JV
Cecilia Place Homes, Inc
0% sole sponsor100% JV
Sac4 Cornucopia LLC
0% sole sponsor100% JV
Santa Clarita Valley Committee on Aging Corporatio
0% sole sponsor100% JV
Santa Clarita Valley Committee on Aging Group
0% sole sponsor100% JV
Northpoint Housing, Inc.
0% sole sponsor100% JV
The Michaels Development Company
0% sole sponsor100% JV
Bath Street Partners, Inc.
100% sole sponsor0% JV
Stamas Corp
0% sole sponsor100% JV
Palo Alto Housing Corporation
36% sole sponsor64% JV
Beyond Shelter Housing Development Corporation
0% sole sponsor100% JV
Pico Union Housing Corp.
68% sole sponsor32% JV
National Affordable Communities
71% sole sponsor29% JV
Montalvo Associates
0% sole sponsor100% JV
AHA Los Angeles MGP, LLC
0% sole sponsor100% JV
Abbey Road
54% sole sponsor46% JV
Many Mansions, a California nonprofit corporation
82% sole sponsor18% JV

Top cities by affordable units built

Concentrated production across these California cities by the tracked developers.

#1Los Angeles
587 projects
39,112 units
#2San Francisco
185 projects
18,181 units
#3San Jose
146 projects
17,446 units
#4Sacramento
130 projects
15,221 units
#5San Diego
150 projects
15,189 units
#6Oakland
85 projects
7,539 units
#7Fresno
65 projects
6,240 units
#8Bakersfield
54 projects
4,383 units
#9Long Beach
41 projects
4,289 units
#10Santa Rosa
50 projects
4,013 units
#11Anaheim
42 projects
3,766 units
#12Richmond
23 projects
3,323 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.