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 151175.

Browse affordable housing developers by city →

151
Advanced Development
17 projects · 17 JVs
100% JV
762
units
Completed TCAC projects (6 of 17)
Manitou VistasLos Angeles47 unitsJV
Vassar City LightsGlendale70 unitsJV
Glendale City LightsLos Angeles67 unitsJV
Yale Terrace ApartmentsLos Angeles54 unitsJV
Menlo ParkLos Angeles48 unitsJV
Springbrook GroveFallbrook43 unitsJV
+ 11 more projects
152
Nexus MGP LLC
10 projects · 10 JVs
100% JV
759
units
Completed TCAC projects (6 of 10)
Orchard at Hilltop -fka Hilltop and Euclid FamilySan Diego111 unitsJV
The HelmSan Diego77 unitsJV
Lincoln Avenue Senior HousingLos Angeles70 unitsJV
NOVA ApartmentsOakland56 unitsJV
The LinkSan Diego86 unitsJV
Vela ApartmentsSan Jose85 unitsJV
+ 4 more projects
153
Investment Inc.
16 projects · 16 JVs
100% JV
750
units
Completed TCAC projects (6 of 16)
Manitou VistasLos Angeles47 unitsJV
Vassar City LightsGlendale70 unitsJV
Glendale City LightsLos Angeles67 unitsJV
Yale Terrace ApartmentsLos Angeles54 unitsJV
Menlo ParkLos Angeles48 unitsJV
Springbrook GroveFallbrook43 unitsJV
+ 10 more projects
154
Kingdom Development, Inc.
3 projects · 3 JVs
100% JV+626 pipeline
748
units
Completed TCAC projects (3)
Antioch Senior and Family ApartmentsAntioch390 unitsJV
Hillside ViewsSan Diego297 unitsJV
Oceanview Garden Apartments (Site 1)Berkeley61 unitsJV
155
Cabrillo Economic Development Corporation
15 projects · 7 JVs
50% JV+49 pipeline
744
units
Completed TCAC projects (6 of 15)
The Shadows ApartmentsThousand Oaks147 unitsJV
Paseo Del Rio ApartmentsOxnard85 unitsJV
Paseo Santa Clara ApartmentsOxnard53 unitsJV
Plaza del Sol ApartmentsSimi Valley34 unitsJV
Harvard Court ApartmentsSanta Paula34 units
Santa Paulan Apartments Santa Paula148 units
+ 9 more projects
156
SDG Housing Partners
5 projects · 5 JVs
100% JV
741
units
Completed TCAC projects (5)
Park Western ApartmentsLos Angeles214 unitsJV
Granger ApartmentsNational City178 unitsJV
Lakeview Terrace ApartmentsLos Angeles (Pacoima)126 unitsJV
La Villa Puente ApartmentsLa Puente120 unitsJV
Woodman Arleta ApartmentsPanorama City103 unitsJV
157
Citizens Housing Corporation
9 projects · 9 JVs
100% JV
738
units
Completed TCAC projects (6 of 9)
Alabama Street Senior HousingSan Francisco24 unitsJV
Polk & Geary Senior HousingSan Francisco109 unitsJV
Folsom/Dore ApartmentsSan Francisco96 unitsJV
Altenheim Senior HousingOakland92 unitsJV
Alabama Street Family HousingSan Francisco92 unitsJV
The Altenheim Senior Housing, Phase 2Oakland80 unitsJV
+ 3 more projects
158
Avenida Espana HDC, Inc.
9 projects · 8 JVs
89% JV
737
units
Completed TCAC projects (6 of 9)
Poco Way ApartmentsSan Jose129 unitsJV
Cypress GardensSan Jose123 unitsJV
Lenzen GardensSan Jose92 unitsJV
Rincon Gardens - A Senior Housing DevelopmentCampbell198 unitsJV
Sunset GardensGilroy73 unitsJV
Miramar WaySanta Clara15 unitsJV
+ 3 more projects
159
PH La Moraga Holdings, LLC
8 projects · 8 JVs
100% JV
734
units
Completed TCAC projects (6 of 8)
Alexander Crossing ApartmentsNapa27 unitsJV
Anton Hacienda ApartmentsPleasanton35 unitsJV
The Savannah at SouthportWest Sacramento118 unitsJV
Anton Monaco ApartmentsAnaheim229 unitsJV
Granite City ApartmentsFolsom80 unitsJV
La Moraga Apartments San Jose57 unitsJV
+ 2 more projects
160
Housing Authority of the City of Fresno
14 projects · 14 JVs
100% JV+50 pipeline
731
units
Completed TCAC projects (6 of 14)
Pacific Gardens ApartmentsFresno55 unitsJV
Yosemite VillageFresno68 unitsJV
Parc Grove Commons NorthwestFresno147 unitsJV
Fresno Edison Apartments Phase IIFresno63 unitsJV
Renaissance at Trinity ApartmentsFresno20 unitsJV
Droge Apartments aka CityView at Van NessFresno44 unitsJV
+ 8 more projects
161
MAAC Project
5 projects · 3 JVs
66% JV
731
units
Completed TCAC projects (5)
Seniors on BroadwayChula Vista41 unitsJV
Hillside ViewsSan Diego297 unitsJV
Mercado ApartmentsSan Diego · 2021142 unitsJV
San Martin De Porres Apartments Spring Valley · 2021115 units
Laurel Tree ApartmentsCarlsbad · 2019136 units
162
Hampstead Partners, Inc.
7 projects · 7 JVs
100% JV
730
units
Completed TCAC projects (6 of 7)
Witmer Manor Preservation ProjectLos Angeles238 unitsJV
Windward Apartments (Site A)Los Angeles221 unitsJV
Banneker HomesSan Francisco107 unitsJV
Lexington Apartments (LA Preservation III) (Site B)Los Angeles0 unitsJV
Leeward Apartments (Site A)Los Angeles0 unitsJV
Hayden Parkway ApartmentsRoseville93 unitsJV
+ 1 more projects
163
Brookmore Apartment Corporation
7 projects · 3 JVs
53% JV
726
units
Completed TCAC projects (6 of 7)
Pilgrim Tower ApartmentsLos Angeles108 units
San Fernando Senior Housing (Site A)San Fernando96 unitsJV
Vista TowerLos Angeles228 unitsJV
Towne Square ApartmentsLos Angeles50 units
Simpson Arbor ApartmentsLos Angeles82 units
San Fernando Community HousingSan Fernando61 unitsJV
+ 1 more projects
164
Butte County Affordable Housing Development Corpor
13 projects · 13 JVs
100% JV
724
units
Completed TCAC projects (6 of 13)
North Creek Crossings at Meriam ParkChico105 unitsJV
Harvest ParkChico89 unitsJV
Riverbend Family ApartmentsOroville71 unitsJV
North Creek Crossings at Meriam Park (Phase 2)Chico53 unitsJV
Riverbend Family Apartments IIOroville48 unitsJV
1200 Park Avenue ApartmentsChico106 unitsJV
+ 7 more projects
165
Southern California Housing Development Corporatio
10 projects · 8 JVs
84% JV
723
units
Completed TCAC projects (6 of 10)
Villaggio on Route 66Rancho Cucamonga131 unitsJV
Sunset Heights ApartmentsRancho Cucamonga116 unitsJV
Summer TerracePalmdale79 unitsJV
San Antonio Vista ApartmentsMontclair74 unitsJV
East Rancho Verde VillageRancho Cucamonga39 unitsJV
Desert Meadows ApartmentsIndio79 unitsJV
+ 4 more projects
166
Monterey County HA Development Corporation
9 projects · 2 JVs
21% JV
721
units
Completed TCAC projects (6 of 9)
Gonzales Family RAD (Site A)Gonzales28 units
Salinas Family RAD (Site A)Salinas155 units
Haciendas Apartments IISalinas45 units
Haciendas Senior DevelopmentSalinas40 units
Oak Park Apartments IIPaso Robles69 unitsJV
South County RAD (Casa de Oro, Los Ositos) (Site A)Gonzales68 units
+ 3 more projects
167
Alpha III Development, Inc.
5 projects · 5 JVs
100% JV
718
units
Completed TCAC projects (5)
Oakwood ApartmentsMoreno Valley239 unitsJV
Creekside ApartmentsCathedral City183 unitsJV
Breezewood Village ApartmentsSuisun City80 unitsJV
Salandini VillaParlier · 2025146 unitsJV
Vintage Woods ApartmentsPerris · 202570 unitsJV
168
CRP Affordable Housing
8 projects · 8 JVs
100% JV+1,253 pipeline
716
units
Completed TCAC projects (6 of 8)
Worthington Del Sol Family ApartmentsImperial47 unitsJV
Shiloh TerraceWindsor133 unitsJV
Konocti GardensClearlake101 unitsJV
Valencia PointeSan Diego101 unitsJV
Napa Cove ApartmentsAmerican Canyon65 unitsJV
Redwood ViewsWindsor51 unitsJV
+ 2 more projects
169
Related Irvine Development Company
6 projects · 6 JVs
100% JV+979 pipeline
715
units
Completed TCAC projects (6)
Pueblo del Sol Phase ILos Angeles200 unitsJV
Pueblo del Sol Phase IILos Angeles175 unitsJV
Sunnyvale Block 15Sunnyvale89 unitsJV
Sugar Pine Village Phase 1ASouth Lake Tahoe67 unitsJV
95th & International ApartmentsOakland54 unitsJV
Balboa Park Upper YardSan Francisco · 2023130 unitsJV
170
KBS Housing, LLC
7 projects · 7 JVs
100% JV
712
units
Completed TCAC projects (6 of 7)
Inglewood MeadowsInglewood198 unitsJV
Drake ManorPomona108 unitsJV
Regent PlazaInglewood104 unitsJV
Leffingwell ManorWhittier88 unitsJV
Cherrylee GardensEl Monte77 unitsJV
Casa LucernaLos Angeles74 unitsJV
+ 1 more projects
171
Lynx Realty & Management
8 projects · 8 JVs
100% JV
712
units
Completed TCAC projects (6 of 8)
Oakley ApartmentsOakley205 unitsJV
Westminster Senior ApartmentsWestminster91 unitsJV
Cottonwood Village aka Camellia Village ApartmentsBakersfield85 unitsJV
Cottonwood Court ApartmentsBakersfield85 unitsJV
Edison VillageBakersfield80 unitsJV
Porterville Family ApartmentsPorterville77 unitsJV
+ 2 more projects
172
The Southern California Housing Development Corpor
11 projects · 10 JVs
86% JV
708
units
Completed TCAC projects (6 of 11)
Downey: The ViewDowney49 unitsJV
Mission Village Senior ApartmentsRiverside101 unitsJV
Talmadge Senior VillageSan Diego90 unitsJV
Juniper Senior VillageEscondido60 unitsJV
Vista Del Cielo ApartmentsMontclair49 unitsJV
Jeffrey Lynne Neighborhood Revitalization Phase IV (Site B)Anaheim0 unitsJV
+ 5 more projects
173
MHDC CA MGP, LLC
5 projects · 5 JVs
100% JV
708
units
Completed TCAC projects (5)
Cinnabar CommonsSan Jose243 unitsJV
Villa Vasona ApartmentsLos Gatos105 unitsJV
Riverview Terrace ApartmentsNeedles58 unitsJV
Twin Oaks ApartmentsVacaville46 unitsJV
Yerba Buena CommonsSan Francisco · 2024256 unitsJV
174
TBD
9 projects · 9 JVs
100% JV+149 pipeline
703
units
Completed TCAC projects (6 of 9)
Anderson Portfolio (Site A)Anderson98 unitsJV
Dos Palos Apts/Meredith Manor Apts (Site A)Dos Palos78 unitsJV
Triangle Court/Friendship Manor (Site A)Richmond153 unitsJV
Madison Park ApartmentsOakland96 unitsJV
Tiburon PlaceSan Luis Obispo67 unitsJV
CHISPA East Garrison ApartmentsEast Garrison65 unitsJV
+ 3 more projects
175
Gung Ho - Partners, LLC
5 projects · 5 JVs
100% JV
700
units
Completed TCAC projects (5)
Copeland Creek ApartmentsRohnert Park170 unitsJV
Bigby Villa ApartmentsFresno178 unitsJV
Pioneer Park PlazaSan Bernardino159 unitsJV
The Greenery ApartmentsWoodland94 unitsJV
Westgate Gardens ApartmentsFresno · 202199 unitsJV

Development model breakdown

Share of units built as sole sponsor vs. joint venture — developers 151175.

Advanced Development
0% sole sponsor100% JV
Nexus MGP LLC
0% sole sponsor100% JV
Investment Inc.
0% sole sponsor100% JV
Kingdom Development, Inc.
0% sole sponsor100% JV
Cabrillo Economic Development Corporation
50% sole sponsor50% JV
SDG Housing Partners
0% sole sponsor100% JV
Citizens Housing Corporation
0% sole sponsor100% JV
Avenida Espana HDC, Inc.
11% sole sponsor89% JV
PH La Moraga Holdings, LLC
0% sole sponsor100% JV
Housing Authority of the City of Fresno
0% sole sponsor100% JV
MAAC Project
34% sole sponsor66% JV
Hampstead Partners, Inc.
0% sole sponsor100% JV
Brookmore Apartment Corporation
47% sole sponsor53% JV
Butte County Affordable Housing Development Corpor
0% sole sponsor100% JV
Southern California Housing Development Corporatio
16% sole sponsor84% JV
Monterey County HA Development Corporation
79% sole sponsor21% JV
Alpha III Development, Inc.
0% sole sponsor100% JV
CRP Affordable Housing
0% sole sponsor100% JV
Related Irvine Development Company
0% sole sponsor100% JV
KBS Housing, LLC
0% sole sponsor100% JV
Lynx Realty & Management
0% sole sponsor100% JV
The Southern California Housing Development Corpor
14% sole sponsor86% JV
MHDC CA MGP, LLC
0% sole sponsor100% JV
TBD
0% sole sponsor100% JV
Gung Ho - Partners, 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.