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 501525.

Browse affordable housing developers by city →

501
Mercy Housing West
2 projects · 2 JVs
100% JV
189
units
Completed TCAC projects (2)
New Dana Strand Phase 1 Garden ApartmentsWilmington118 unitsJV
Pinewood Court ApartmentsWilliams71 unitsJV
502
The Related Companies
3 projects · 3 JVs
100% JV
188
units
Completed TCAC projects (3)
Bayview LandingNewport Beach119 unitsJV
Jean C. McKinney ManorSan Diego49 unitsJV
Bowen CourtHuntington Beach · 202520 unitsJV
503
Housing Authority of the City of Santa Barbara
7 projects · 6 JVs
96% JV
188
units
Completed TCAC projects (6 of 7)
Sycamore GardensSanta Barbara18 unitsJV
Pearl GardensSanta Barbara13 unitsJV
Mom's ApartmentsSanta Barbara15 unitsJV
El Carrillo ApartmentsSanta Barbara61 unitsJV
Grace Village ApartmentsSanta Barbara57 unitsJV
East Canon PerdidoSanta Barbara · 20217 units
+ 1 more projects
504
Visionary Home Builders of CA, Inc.
4 projects · 1 JVs
21% JV+170 pipeline
188
units
Completed TCAC projects (4)
WysteriaStockton64 units
Vintage Plaza (Site A)Stockton17 units
Casa de EsperanzaStockton68 units
Westgate TownhomesStockton39 unitsJV
505
New Life Economic Development, Inc.
3 projects · 2 JVs
57% JV
187
units
Completed TCAC projects (3)
FIGUEROA SENIOR HOUSINGLos Angeles65 unitsJV
Paradise ArmsLos Angeles42 unitsJV
River Garden ApartmentsNeedles · 202580 units
506
Mariman
2 projects · 2 JVs
100% JV
187
units
Completed TCAC projects (2)
Pebble CoveAnaheim110 unitsJV
Sycamore CourtGarden Grove77 unitsJV
507
Holos, Inc.
5 projects · 5 JVs
100% JV+39 pipeline
185
units
Completed TCAC projects (5)
The Courtyards in Long Beach (Site A)Long Beach44 unitsJV
Elm Avenue ApartmentsLong Beach16 unitsJV
The 28th St YMCA ResidencesLos Angeles48 unitsJV
NoHo Senior VillasLos Angeles48 unitsJV
Burlington Family ApartmentsLos Angeles29 unitsJV
508
Aszkenazy Development, Inc.
3 projects · 3 JVs
100% JV
185
units
Completed TCAC projects (3)
San Fernando Senior Housing (Site A)San Fernando96 unitsJV
San Fernando Community HousingSan Fernando61 unitsJV
Harding ApartmentsSan Fernando28 unitsJV
509
Metropolitan Area Advisory Committee
2 projects · 2 JVs
100% JV
183
units
Completed TCAC projects (2)
Seniors on BroadwayChula Vista41 unitsJV
Mercado ApartmentsSan Diego · 2023142 unitsJV
510
East Palo Alto Community Alliance & Neighborhood D
2 projects · 2 JVs
100% JV
182
units
Completed TCAC projects (2)
Light Tree TwoEast Palo Alto · 2023126 unitsJV
Light Tree ThreeEast Palo Alto · 202356 unitsJV
511
Petaluma Ecumenical Properties
4 projects · 3 JVs
77% JV
182
units
Completed TCAC projects (4)
Kellgren Senior ApartmentsPetaluma49 unitsJV
Orange Tree Senior ApartmentsOroville49 unitsJV
Acacia Lane Senior ApartmentsSanta Rosa43 unitsJV
Sun House Senior Apartments Ukiah 41 units
512
Silver Cove MGP, LLC
2 projects
0% JV
181
units
Completed TCAC projects (2)
Renaissaance Park Apartments aka Monterey Apts.Anaheim · 2018124 units
Palm West ApartmentsAnaheim · 201857 units
513
Lynx Realty and Management
2 projects · 2 JVs
100% JV
181
units
Completed TCAC projects (2)
Tuolumne VillageParlier104 unitsJV
Bakersfield Family ApartmentsBakersfield77 unitsJV
514
John P. Casper Trust
4 projects · 4 JVs
100% JV
181
units
Completed TCAC projects (4)
Bayless Garden ApartmentsRed Bluff · 202546 unitsJV
Valley Ridge Senior ApartmentsShasta Lake · 202538 unitsJV
Corning Garden ApartmentsCorning · 202437 unitsJV
Nevada City Senior ApartmentsNevada City · 202160 unitsJV
515
AOL/Pacific
2 projects · 2 JVs
100% JV
180
units
Completed TCAC projects (2)
Sunrise Terrace I ApartmentsHesperia109 unitsJV
Sunrise Terrace II ApartmentsHesperia71 unitsJV
516
HACSC
2 projects · 2 JVs
100% JV
180
units
Completed TCAC projects (2)
Park Avenue Senior HousingSan Jose99 unitsJV
Laurel Grove Family ApartmentsSan Jose81 unitsJV
517
Intercontinental Affordable Housing
4 projects · 4 JVs
100% JV
179
units
Completed TCAC projects (4)
Casa Grande ApartmentsCeres99 unitsJV
Casa Griffin ApartmentsLos Angeles39 unitsJV
Washington Villa ApartmentsPasadena · 201921 unitsJV
Casa BerendoLos Angeles · 201820 unitsJV
518
El Pueblo Community Development Corp.
3 projects
0% JV
179
units
Completed TCAC projects (3)
Casa GloriaLos Angeles · 202546 units
Villa MetropolitanoLos Angeles · 202352 units
Villa del PuebloLos Angeles · 201981 units
519
MCB Family Housing, Inc.
2 projects · 2 JVs
100% JV
178
units
Completed TCAC projects (2)
Trestle GlenColma117 unitsJV
St. Joseph's Family ApartmentsOakland61 unitsJV
520
Paramount Realty
2 projects · 2 JVs
100% JV
178
units
Completed TCAC projects (2)
The Crossings at Elk GroveElk Grove115 unitsJV
The Crossings at MaderaMadera63 unitsJV
521
Urban Housing Communities, LLC
2 projects · 2 JVs
100% JV
178
units
Completed TCAC projects (2)
The Crossings at Elk GroveElk Grove115 unitsJV
The Crossings at MaderaMadera63 unitsJV
522
Related Companies of California
2 projects · 2 JVs
100% JV
178
units
Completed TCAC projects (2)
Transbay Block 8 - Affordable ApartmentsSan Francisco79 unitsJV
La Mirada Senior ApartmentsLa Mirada · 202199 unitsJV
523
MFPA, Inc.
2 projects · 2 JVs
100% JV
177
units
Completed TCAC projects (2)
Cortina d' ArroyoArroyo Grande107 unitsJV
Pico/Gramercy Family ApartmentsLos Angeles70 unitsJV
524
Double Rock Ventures, LLC
2 projects · 2 JVs
100% JV
176
units
Completed TCAC projects (2)
Alice Griffith Phase 1San Francisco89 unitsJV
Alice Griffith Phase 2San Francisco87 unitsJV
525
HCHP Affordable Multi-Housing, LLC
2 projects · 2 JVs
100% JV
175
units
Completed TCAC projects (2)
Solano Vista Senior ApartmentsVallejo95 unitsJV
Montevista Senior ApartmentsSan Pablo80 unitsJV

Development model breakdown

Share of units built as sole sponsor vs. joint venture — developers 501525.

Mercy Housing West
0% sole sponsor100% JV
The Related Companies
0% sole sponsor100% JV
Housing Authority of the City of Santa Barbara
4% sole sponsor96% JV
Visionary Home Builders of CA, Inc.
79% sole sponsor21% JV
New Life Economic Development, Inc.
43% sole sponsor57% JV
Mariman
0% sole sponsor100% JV
Holos, Inc.
0% sole sponsor100% JV
Aszkenazy Development, Inc.
0% sole sponsor100% JV
Metropolitan Area Advisory Committee
0% sole sponsor100% JV
East Palo Alto Community Alliance & Neighborhood D
0% sole sponsor100% JV
Petaluma Ecumenical Properties
23% sole sponsor77% JV
Silver Cove MGP, LLC
100% sole sponsor0% JV
Lynx Realty and Management
0% sole sponsor100% JV
John P. Casper Trust
0% sole sponsor100% JV
AOL/Pacific
0% sole sponsor100% JV
HACSC
0% sole sponsor100% JV
Intercontinental Affordable Housing
0% sole sponsor100% JV
El Pueblo Community Development Corp.
100% sole sponsor0% JV
MCB Family Housing, Inc.
0% sole sponsor100% JV
Paramount Realty
0% sole sponsor100% JV
Urban Housing Communities, LLC
0% sole sponsor100% JV
Related Companies of California
0% sole sponsor100% JV
MFPA, Inc.
0% sole sponsor100% JV
Double Rock Ventures, LLC
0% sole sponsor100% JV
HCHP Affordable Multi-Housing, 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.