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 426450.

Browse affordable housing developers by city →

426
American Baptist Homes of the West
3 projects · 2 JVs
31% JV
258
units
Completed TCAC projects (3)
Kelly RidgeSouth Lake Tahoe32 unitsJV
Rotary PlazaSouth San Francisco177 units
Tower Park Senior HousingModesto49 unitsJV
427
Macdonald Ladd
2 projects · 2 JVs
100% JV
258
units
Completed TCAC projects (2)
Centennial GardensSanta Maria159 unitsJV
Steinbeck CommonsSalinas99 unitsJV
428
Community Dev Corp
4 projects · 3 JVs
96% JV
257
units
Completed TCAC projects (4)
Castaic Lake Senior ApartmentsCastaic149 unitsJV
Barrett Plaza (Site A)Richmond57 unitsJV
Heritage PointRichmond41 unitsJV
Esperanza Garden Apts.Encinitas · 202110 units
429
Compass for Affordable Housing
3 projects · 3 JVs
100% JV+169 pipeline
255
units
Completed TCAC projects (3)
ShoreLINESan Diego124 unitsJV
LuminaLos Angeles · 202454 unitsJV
Bascom ApartmentsSan Jose · 202277 unitsJV
430
Northtown Housing Development
2 projects · 1 JVs
34% JV
254
units
Completed TCAC projects (2)
San Sevaine VillasRancho Cucamonga167 units
Villa del NorteRancho Cucamonga87 unitsJV
431
WCH Affordable VIII, LLC
2 projects · 2 JVs
100% JV
254
units
Completed TCAC projects (2)
Coral Mountain ApartmentsLa Quinta174 unitsJV
Westside Village (Site A)Shafter80 unitsJV
432
New Directions Housing, LLC
4 projects · 4 JVs
100% JV
253
units
Completed TCAC projects (4)
Sun Valley Senior Veterans ApartmentsLos Angeles94 unitsJV
Veteran Village of GlendaleGlendale43 unitsJV
Rosa De Castilla ApartmentsLos Angeles · 202283 unitsJV
Whittiter Place Apartments Phase IILos Angeles · 202033 unitsJV
433
TNDC
3 projects · 3 JVs
100% JV
252
units
Completed TCAC projects (3)
Polk & Geary Senior HousingSan Francisco109 unitsJV
The Zygmunt Arendt HouseSan Francisco46 unitsJV
Rosa Parks IISan Francisco97 unitsJV
434
AF Evans Company
3 projects · 3 JVs
100% JV
252
units
Completed TCAC projects (3)
Arroyo Vista ApartmentsMission Viejo · 2022155 unitsJV
Miraido ApartmentsSan Jose · 202237 unitsJV
Park Vista ApartmentsFremont · 202060 unitsJV
435
JEMCOR Development Partners, LLC
3 projects · 3 JVs
100% JV+1,146 pipeline
252
units
Completed TCAC projects (3)
Ageno ApartmentsLivermore34 unitsJV
Hecker Pass ApartmentsGilroy · 202499 unitsJV
1st and Kern ApartmentsGilroy · 2022119 unitsJV
436
MV Central Park Apartments, Inc.
2 projects · 2 JVs
100% JV
251
units
Completed TCAC projects (2)
New Central Park Senior ApartmentsMountain View103 unitsJV
Central Park ApartmentsMountain View · 2019148 unitsJV
437
FFAH V City Lights, LLC
8 projects · 4 JVs
44% JV
250
units
Completed TCAC projects (6 of 8)
Sunset City LightsLos Angeles12 unitsJV
Maryland HeightsLos Angeles44 unitsJV
Temple City LightsLos Angeles33 unitsJV
Emerald ParkLos Angeles20 unitsJV
Ardmore City LightsLos Angeles · 202547 units
Bentley City LightsLos Angeles · 202535 units
+ 2 more projects
438
Womens Organizing Resources, Knowledge and Service
3 projects · 2 JVs
64% JV
247
units
Completed TCAC projects (3)
Ingram Preservation (Site A)Los Angeles135 unitsJV
Court Street ApartmentsLos Angeles23 unitsJV
Highland VillageLos Angeles · 202489 units
439
Bayside Communities LLC
3 projects · 3 JVs
100% JV
247
units
Completed TCAC projects (3)
Parkview Terrace Senior HousingSan Francisco100 unitsJV
Charter Oaks ApartmentsNapa74 unitsJV
Cascade Village ApartmentsSacramento73 unitsJV
440
Christian Church Homes of No. CA
2 projects · 1 JVs
80% JV
246
units
Completed TCAC projects (2)
Flower Park PlazaSanta Ana198 unitsJV
Hotel ReddingRedding · 202248 units
441
Mercy Charities Housing
4 projects · 1 JVs
23% JV
243
units
Completed TCAC projects (4)
Madison PlaceBakersfield · 202555 unitsJV
Hobson Way Family Housing/ Casa San JuanOxnard · 202463 units
Rose HotelSan Francisco · 201975 units
205 Jones Street ApartmentsSan Francisco · 201950 units
442
Affordable Housing Alliance II, Inc.
3 projects · 3 JVs
100% JV+121 pipeline
243
units
Completed TCAC projects (3)
The CascadesSacramento111 unitsJV
Dudley Street Senior ApartmentsPomona83 unitsJV
Stony Point FlatsSanta Rosa · 202249 unitsJV
443
Ecumenical Association for Housing
3 projects · 3 JVs
100% JV
241
units
Completed TCAC projects (3)
Parkview Senior ApartmentsSan Jose138 unitsJV
Parkview Family ApartmentsSan Jose88 unitsJV
Cecilia PlaceTiburon · 201915 unitsJV
444
CBM Group Inc
5 projects · 5 JVs
100% JV
240
units
Completed TCAC projects (5)
Nevada City Senior ApartmentsNevada City · 202560 unitsJV
Middletown Garden ApartmentsMiddletown · 202535 unitsJV
Corning Garden ApartmentsCorning · 202437 unitsJV
Mariposa ApartmentsMariposa · 202433 unitsJV
Placer Village ApartmentsPlacerville · 201975 unitsJV
445
Concerned Citizens of South Central Los Angeles
5 projects
0% JV
240
units
Completed TCAC projects (5)
JUANITA TATE LEGACY TOWERSLos Angeles117 units
CENTRAL AVENUE VILLAGE SQUARELos Angeles44 units
ROBERTA STEPHENS VILLAS I & IILos Angeles39 units
One Wilkins Place ApartmentsLos Angeles17 units
Gwen Bolden ManorLos Angeles · 201823 units
446
Community Development C
3 projects · 3 JVs
100% JV
238
units
Completed TCAC projects (3)
Shiloh TerraceWindsor133 unitsJV
Worthington Del Sol Family ApartmentsImperial47 unitsJV
The MeridianSanta Clara · 202558 unitsJV
447
Burbank Housing Dev
3 projects · 1 JVs
27% JV
238
units
Completed TCAC projects (3)
Amorosa Village ISanta Rosa96 units
CrossroadsSanta Rosa78 units
Windsor RedwoodsWindsor64 unitsJV
448
Affordable Multi-Family, LLC
4 projects · 4 JVs
100% JV
237
units
Completed TCAC projects (4)
Cottonwood GardensBakersfield90 unitsJV
North Avenue Family ApartmentsSacramento79 unitsJV
Seasons II Senior ApartmentsSan Juan Capistrano37 unitsJV
Security Building LoftsLos Angeles31 unitsJV
449
RCC
5 projects · 5 JVs
100% JV
235
units
Completed TCAC projects (5)
Garden Valley Homes 1 ApartmentsSan Joaquin68 unitsJV
Cottage Village Senior ApartmentsManteca47 unitsJV
Pleasant Valley Pines ApartmentsCoalinga44 unitsJV
Medici Artist LoftsStockton27 unitsJV
Oakhurst ApartmentsOakhurst · 202549 unitsJV
450
Clarum Corporation
3 projects · 1 JVs
56% JV
233
units
Completed TCAC projects (3)
Vista Montana ApartmentsWatsonville130 unitsJV
Alamar Apartments IIMerced · 202479 units
Alamar ApartmentsMerced · 202424 units

Development model breakdown

Share of units built as sole sponsor vs. joint venture — developers 426450.

American Baptist Homes of the West
69% sole sponsor31% JV
Macdonald Ladd
0% sole sponsor100% JV
Community Dev Corp
4% sole sponsor96% JV
Compass for Affordable Housing
0% sole sponsor100% JV
Northtown Housing Development
66% sole sponsor34% JV
WCH Affordable VIII, LLC
0% sole sponsor100% JV
New Directions Housing, LLC
0% sole sponsor100% JV
TNDC
0% sole sponsor100% JV
AF Evans Company
0% sole sponsor100% JV
JEMCOR Development Partners, LLC
0% sole sponsor100% JV
MV Central Park Apartments, Inc.
0% sole sponsor100% JV
FFAH V City Lights, LLC
56% sole sponsor44% JV
Womens Organizing Resources, Knowledge and Service
36% sole sponsor64% JV
Bayside Communities LLC
0% sole sponsor100% JV
Christian Church Homes of No. CA
20% sole sponsor80% JV
Mercy Charities Housing
77% sole sponsor23% JV
Affordable Housing Alliance II, Inc.
0% sole sponsor100% JV
Ecumenical Association for Housing
0% sole sponsor100% JV
CBM Group Inc
0% sole sponsor100% JV
Concerned Citizens of South Central Los Angeles
100% sole sponsor0% JV
Community Development C
0% sole sponsor100% JV
Burbank Housing Dev
73% sole sponsor27% JV
Affordable Multi-Family, LLC
0% sole sponsor100% JV
RCC
0% sole sponsor100% JV
Clarum Corporation
44% sole sponsor56% 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.