Track records for leading LIHTC developers — sourced from TCAC award data and enriched with HCD Annual Progress Reports. SPV-unwound sponsor attribution.
All Hallows Gardens ApartmentsSan Francisco156 unitsJV
La Salle ApartmentsSan Francisco140 unitsJV
381
The Richman Group of California Development Compan
4 projects · 4 JVs
100% JV+200 pipeline
294
units
Completed TCAC projects (4)
Bryson II HHH Affordable HousingLos Angeles63 unitsJV
Lincoln Street Family ApartmentsOroville · 202560 unitsJV
Avalon 1355Los Angeles · 202553 unitsJV
The Retreat at Merced ApartmentsMerced · 2022118 unitsJV
382
Novato Community Partners
2 projects · 2 JVs
100% JV
294
units
Completed TCAC projects (2)
Bay Vista at Meadow ParkNovato218 unitsJV
Creekside at Meadow ParkNovato76 unitsJV
383
American Housing Construction, Inc.
7 projects · 5 JVs
89% JV
292
units
Completed TCAC projects (6 of 7)
Coronel VillageLos Angeles47 unitsJV
The ChancellorLos Angeles100 unitsJV
Evergreen VillageLos Angeles · 202152 unitsJV
Oak Tree VillageLos Angeles · 202020 unitsJV
Avalon-El Segundo Senior ApartmentsLos Angeles · 201941 unitsJV
Palm VillageLos Angeles · 201929 units
+ 1 more projects
384
San Luis Obispo Non-profit Housing Corp
4 projects · 1 JVs
15% JV+54 pipeline
292
units
Completed TCAC projects (4)
RAD 175 (Arbor Place)San Luis Obispo173 units
Willow Walk Apartments f.k.a Nipomo Senior 40Nipomo39 units
Courtyard at the MeadowsSan Luis Obispo35 units
Iron WorksSan Luis Obispo · 202145 unitsJV
385
Hope for an Affordable LA LLC
3 projects · 3 JVs
100% JV
291
units
Completed TCAC projects (3)
Simone ApartmentsLos Angeles113 unitsJV
Skid Row Central 1 (Site A)Los Angeles111 unitsJV
New Pershing ApartmentsLos Angeles67 unitsJV
386
METRO HOTEL COMMUNITY ASSOCIATION
2 projects · 2 JVs
100% JV
288
units
Completed TCAC projects (2)
Luther TowerSan Diego198 unitsJV
Escondido Gardens ApartmentsEscondido90 unitsJV
387
Ravello Holdings, Inc.
2 projects · 2 JVs
100% JV+684 pipeline
285
units
Completed TCAC projects (2)
Maison's Village IPalmdale168 unitsJV
Maison's PalmdalePalmdale117 unitsJV
388
Supportive Housing LLC
4 projects · 4 JVs
100% JV+215 pipeline
284
units
Completed TCAC projects (4)
Oasis Senior VillasRiverside93 unitsJV
The Crossroads at WashingtonSanta Ana85 unitsJV
West TerraceLos Angeles63 unitsJV
Casa del SolLos Angeles43 unitsJV
389
Golden Empire Affordable Housing, Inc. (GEAHI)
2 projects
0% JV
284
units
Completed TCAC projects (2)
Auburn Heights ApartmentsBakersfield158 units
Jasmine Heights ApartmentsDelano126 units
390
AHA MGP ORC I, LLC
4 projects · 4 JVs
100% JV
283
units
Completed TCAC projects (4)
Royale ApartmentsWestminster35 unitsJV
Anesi ApartmentsIrvine103 unitsJV
Oceana ApartmentsHuntington Beach77 unitsJV
First Street ApartmentsSanta Ana · 201968 unitsJV
391
Many Mansions
7 projects · 4 JVs
56% JV+260 pipeline
282
units
Completed TCAC projects (6 of 7)
Hacienda de FelizThousand Oaks24 units
Walnut Street Family Apartments (Site A)Moorpark23 unitsJV
Mountain View ApartmentsFillmore76 unitsJV
Central Terrace ApartmentsOxnard · 202586 units
Stoll House ApartmentsThousand Oaks · 202411 unitsJV
Summit View ApartmentsSylmar · 202348 unitsJV
+ 1 more projects
392
Bentall Residential, L.P.
4 projects · 4 JVs
100% JV
280
units
Completed TCAC projects (4)
Lakeview ILake Elsinore87 unitsJV
Meadowview IIPerris75 unitsJV
Montecito VillageRamona69 unitsJV
Mission GardensSanta Cruz49 unitsJV
393
Horizon Development Consulting, LLC
7 projects · 7 JVs
100% JV
279
units
Completed TCAC projects (6 of 7)
Delano GardensDelano75 unitsJV
Casa ImperialCalexico47 unitsJV
Donner Trail ManorWheatland43 unitsJV
Sunnylane VillageBakersfield39 unitsJV
Dorie Miller ManorLos Angeles35 unitsJV
Turner ApartmentsLos Angeles30 unitsJV
+ 1 more projects
394
Heartstone Housing Foundation
2 projects · 2 JVs
100% JV
278
units
Completed TCAC projects (2)
Atrium Court ApartmentsSacramento202 unitsJV
Bixel House ApartmentsLos Angeles76 unitsJV
395
WCH Affordable II, LLC
3 projects · 3 JVs
100% JV
278
units
Completed TCAC projects (3)
Lugo Senior ApartmentsSan Bernardino118 unitsJV
La Coruna Senior ApartmentsVan Nuys86 unitsJV
Compton Senior ApartmentsCompton74 unitsJV
396
Housing Authority Limited Liability Company
2 projects · 2 JVs
100% JV
277
units
Completed TCAC projects (2)
Pacific Meadows ApartmentsCarmel198 unitsJV
Oak Park ApartmentsPaso Robles79 unitsJV
397
Golden Empire Affordable Housing, Inc. II
5 projects · 3 JVs
43% JV
276
units
Completed TCAC projects (5)
Casas del ValleDelano35 unitsJV
Greenfield HomesBakersfield35 unitsJV
Green GardensBakersfield102 units
Park 20thBakersfield55 units
Residences at Old Town KernBakersfield49 unitsJV
398
Shea Properties, LLC
2 projects · 1 JVs
79% JV
275
units
Completed TCAC projects (2)
Bay Vista at Meadow ParkNovato218 unitsJV
Park Sierra at Iron Horse TrailDublin · 202457 units
399
AHA MGP Los Angeles VIII, LLC
4 projects · 4 JVs
100% JV
275
units
Completed TCAC projects (4)
Andalucia HeightsLos Angeles74 unitsJV
Villas Las AmericasLos Angeles54 unitsJV
Florence ApartmentsLos Angeles108 unitsJV
Argyle Apartments (Site A)Los Angeles39 unitsJV
400
PH Fairwood Holdings, LLC
4 projects · 4 JVs
100% JV
274
units
Completed TCAC projects (4)
Verdes Del OrienteSan Pedro112 unitsJV
Avery GardensElk Grove63 unitsJV
Riverwalk ApartmentsSanta Cruz20 unitsJV
Cameron Park VillageCameron Park · 201879 unitsJV
Development model breakdown
Share of units built as sole sponsor vs. joint venture — developers 376–400.
EAH Markham Plaza I LLC
0% sole sponsor100% JV
Housing on Merit
13% sole sponsor87% JV
Developer)
0% sole sponsor100% JV
EAH Inc. (Sponsor
0% sole sponsor100% JV
FFAH V All Hallows, LLC
0% sole sponsor100% JV
The Richman Group of California Development Compan
0% sole sponsor100% JV
Novato Community Partners
0% sole sponsor100% JV
American Housing Construction, Inc.
11% sole sponsor89% JV
San Luis Obispo Non-profit Housing Corp
85% sole sponsor15% JV
Hope for an Affordable LA LLC
0% sole sponsor100% JV
METRO HOTEL COMMUNITY ASSOCIATION
0% sole sponsor100% JV
Ravello Holdings, Inc.
0% sole sponsor100% JV
Supportive Housing LLC
0% sole sponsor100% JV
Golden Empire Affordable Housing, Inc. (GEAHI)
100% sole sponsor0% JV
AHA MGP ORC I, LLC
0% sole sponsor100% JV
Many Mansions
44% sole sponsor56% JV
Bentall Residential, L.P.
0% sole sponsor100% JV
Horizon Development Consulting, LLC
0% sole sponsor100% JV
Heartstone Housing Foundation
0% sole sponsor100% JV
WCH Affordable II, LLC
0% sole sponsor100% JV
Housing Authority Limited Liability Company
0% sole sponsor100% JV
Golden Empire Affordable Housing, Inc. II
57% sole sponsor43% JV
Shea Properties, LLC
21% sole sponsor79% JV
AHA MGP Los Angeles VIII, LLC
0% sole sponsor100% JV
PH Fairwood Holdings, LLC
0% sole sponsor100% 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.
