Affordable Housing PartnersAffordable Housing Partners

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 →

536,991
LI units built
6,631
TCAC projects
100,246
Units in pipeline
801
Developers tracked
248
Cities represented

Developer leaderboard

801 developers tracked — ranked by total low-income units built. Showing 126–150.

126
NHC MGP I LLC
16 projects · 16 JVs
100% JV+31 pipeline
932
units
127
Pinmore HDC, Inc.
7 projects · 5 JVs
78% JV+64 pipeline
927
units
128
New Economics for Women
15 projects · 10 JVs
62% JV
923
units
129
Peoples' Self-Help Housing Corp.
24 projects · 2 JVs
7% JV
922
units
130
Casa Major, Inc.
8 projects · 8 JVs
100% JV
919
units
131
Tenderloin Neighborhood Dev. Corp.
8 projects · 7 JVs
94% JV
915
units
132
Los Angeles Housing Partnership, Inc.
17 projects · 5 JVs
27% JV
906
units
133
PATH Ventures
14 projects · 14 JVs
100% JV
905
units
134
Affordable Housing CDC, Inc.
9 projects · 9 JVs
100% JV
898
units
135
Willow Partners, LLC
15 projects · 15 JVs
100% JV
895
units
136
Century Affordable Development, Inc.
12 projects · 12 JVs
100% JV+340 pipeline
890
units
137
PacH Affordable Holdings, LLC
9 projects · 8 JVs
94% JV+427 pipeline
884
units
138
East LA Community Corporation
19 projects · 8 JVs
57% JV
879
units
139
La Cienega LOMOD, Inc.
6 projects · 5 JVs
96% JV+317 pipeline
876
units
140
East Bay Asian Local Development Corporation
8 projects · 6 JVs
84% JV+329 pipeline
871
units
141
JSM Enterprises
8 projects · 8 JVs
100% JV
866
units
142
Golden Empire Affordable Housing, Inc.
14 projects · 12 JVs
84% JV+340 pipeline
864
units
143
Payne Development, LLC
14 projects · 14 JVs
100% JV
850
units
144
Hearthstone CA Properties I, LLC
6 projects · 6 JVs
100% JV
840
units
145
Pacific American Properties, Inc.
6 projects · 6 JVs
100% JV
834
units
146
Danco Communities
17 projects · 17 JVs
100% JV+1,108 pipeline
831
units
147
W R Spann, LLC
9 projects · 9 JVs
100% JV+167 pipeline
831
units
148
Butte County Affordable Housing Development Corporation
15 projects · 15 JVs
100% JV+222 pipeline
831
units
149
Reiner Communities
6 projects · 6 JVs
100% JV
823
units
150
Wakeland Housing and Development Corp.
4 projects · 4 JVs
100% JV
822
units

Development model breakdown

Share of units built as sole sponsor vs. joint venture — developers 126–150.

NHC MGP I LLC
0% sole sponsor100% JV
Pinmore HDC, Inc.
22% sole sponsor78% JV
New Economics for Women
38% sole sponsor62% JV
Peoples' Self-Help Housing Corp.
93% sole sponsor7% JV
Casa Major, Inc.
0% sole sponsor100% JV
Tenderloin Neighborhood Dev. Corp.
6% sole sponsor94% JV
Los Angeles Housing Partnership, Inc.
73% sole sponsor27% JV
PATH Ventures
0% sole sponsor100% JV
Affordable Housing CDC, Inc.
0% sole sponsor100% JV
Willow Partners, LLC
0% sole sponsor100% JV
Century Affordable Development, Inc.
0% sole sponsor100% JV
PacH Affordable Holdings, LLC
6% sole sponsor94% JV
East LA Community Corporation
43% sole sponsor57% JV
La Cienega LOMOD, Inc.
4% sole sponsor96% JV
East Bay Asian Local Development Corporation
16% sole sponsor84% JV
JSM Enterprises
0% sole sponsor100% JV
Golden Empire Affordable Housing, Inc.
16% sole sponsor84% JV
Payne Development, LLC
0% sole sponsor100% JV
Hearthstone CA Properties I, LLC
0% sole sponsor100% JV
Pacific American Properties, Inc.
0% sole sponsor100% JV
Danco Communities
0% sole sponsor100% JV
W R Spann, LLC
0% sole sponsor100% JV
Butte County Affordable Housing Development Corporation
0% sole sponsor100% JV
Reiner Communities
0% sole sponsor100% JV
Wakeland Housing and Development Corp.
0% sole sponsor100% JV

Top cities by affordable units built

Concentrated production across these California cities by the tracked developers.

#1Los Angeles
225 projects
15,017 units
#2San Jose
38 projects
4,917 units
#3San Diego
42 projects
3,793 units
#4San Francisco
37 projects
3,603 units
#5Sacramento
28 projects
2,650 units
#6Oakland
24 projects
1,943 units
#7Santa Rosa
28 projects
1,870 units
#8Chico
14 projects
1,122 units
#9San Marcos
12 projects
1,097 units
#10Fresno
16 projects
1,092 units
#11Fremont
12 projects
891 units
#12Palmdale
7 projects
797 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
USA Multi-Family Development, Inc.
2,328
Community Revitalization and Development Corporation
2,276
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 801 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.

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.