Affordable housing grant programs

Federal, California state, and foundation funding programs for affordable housing development — 43 programs shown.

All sourcesFederalCalifornia StateFoundation / CDFI
All typesGrantLoanTax CreditBondIncentiveGrant + Loan
FederalTax Credit

Low-Income Housing Tax Credit (9% & 4%)(LIHTC)

IRS / TCAC

The primary financing mechanism for affordable housing in the U.S. The 9% credit is highly competitive; the 4% credit pairs with CDLAC tax-exempt bonds.

Funding: $500M state credit + federal per-capita allocation

Who can apply: For-profit and nonprofit developers of affordable multifamily rental housing

FederalGrant

HOME Investment Partnerships Program(HOME)

HUD / HCD

Flexible block grant for new construction, rehabilitation, acquisition, and homebuyer assistance.

Funding: ~$1.5–1.6B national; ~$27M+ to CA non-entitlement jurisdictions

Who can apply: Local governments, nonprofits, CHDOs; households at or below 80% AMI

FederalGrant

HOME American Rescue Plan(HOME-ARP)

HUD / HCD

One-time ARP supplement targeting people experiencing or at risk of homelessness.

Funding: ~$412M California total (drawing down)

Who can apply: Local governments; for housing, rental assistance, and supportive services

FederalGrant

Community Development Block Grant(CDBG)

HUD / HCD

Formula block grant for housing rehab, infrastructure, and public facilities primarily benefiting low- and moderate-income persons.

Funding: ~$3.3B national; ~$27M HCD NOFA for non-entitlement CA jurisdictions

Who can apply: Non-entitlement cities and counties (entitlement jurisdictions receive directly from HUD)

FederalGrant

National Housing Trust Fund(NHTF)

HUD / HCD

Dedicated fund for producing and preserving housing for the lowest-income households.

Funding: ~$700M–$1B national; CA share distributed via HCD

Who can apply: States (via HCD); used for rental housing for extremely low-income households (≤30% AMI)

FederalGrant

Section 202 Supportive Housing for the Elderly(Sec. 202)

HUD

Provides capital advances (forgivable grants) and project rental assistance for affordable senior housing with supportive services.

Funding: ~$950M national; capital advance covers 100% of development cost

Who can apply: Private nonprofit organizations; housing for very-low-income elderly (62+)

FederalGrant

Section 811 Supportive Housing for Persons with Disabilities(Sec. 811)

HUD

Capital advances and project-based rental assistance for affordable housing integrated with supportive services.

Funding: ~$261M national; competitive NOFA

Who can apply: Nonprofit developers; housing for very-low-income persons with disabilities (18–62)

FederalGrant

Continuum of Care Program(CoC)

HUD

Competitive grant funding permanent supportive housing, transitional housing, rapid rehousing, and related services.

Funding: ~$3.5B+ national; CA CoCs receive hundreds of millions annually

Who can apply: CoC-designated nonprofits and local governments serving people experiencing homelessness

FederalGrant

Choice Neighborhoods Initiative(CNI)

HUD

Transforms distressed neighborhoods by revitalizing housing, improving schools and services, and creating economic opportunity.

Funding: ~$75M national; Implementation Grants $30–50M each

Who can apply: Public Housing Authorities, local governments, nonprofits targeting distressed HUD-assisted neighborhoods

FederalGrant

Housing Opportunities for Persons with AIDS(HOPWA)

HUD

Formula and competitive grants for housing assistance and supportive services for people living with HIV/AIDS and their families.

Funding: ~$505M national (FY 2025); CA receives one of the largest formula allocations

Who can apply: State and local governments, nonprofits; housing and services for low-income persons living with HIV/AIDS

FederalLoan

Section 108 Loan Guarantee(Sec. 108)

HUD

Enables jurisdictions to borrow against future CDBG allocations for large economic development and housing projects.

Funding: Up to 5× a jurisdiction's annual CDBG allocation

Who can apply: CDBG entitlement communities and state grantees

FederalGrant + Loan

Rental Assistance Demonstration(RAD)

HUD

Converts public housing to long-term Section 8 contracts, unlocking private capital and LIHTC equity for renovations.

Funding: No direct subsidy — enables private equity and debt financing via LIHTC

Who can apply: Public Housing Authorities (PHAs) converting public housing to Section 8 platform

FederalTax Credit

New Markets Tax Credit(NMTC)

U.S. Treasury / CDFI Fund

Federal tax credit attracting private investment into low-income communities; primarily for community facilities and mixed-use development.

Funding: $5B/year in allocation; individual awards $20–95M; 39% credit over 7 years

Who can apply: Community Development Entities (CDEs) investing in low-income communities; mixed-use projects with commercial components

FederalGrant

Affordable Housing Program (FHLBank SF)(AHP)

Federal Home Loan Bank of San Francisco

Competitive annual grants for new construction, rehabilitation, and acquisition of owner-occupied and rental affordable housing.

Funding: ~$50M/year district-wide; $44.6M to CA projects in 2025

Who can apply: Member financial institutions sponsoring affordable housing developers (for-profit and nonprofit); households ≤80% AMI

FederalLoan

Section 515 Rural Rental Housing(Sec. 515)

USDA Rural Development

Direct low-interest loans for construction and rehabilitation of rental housing in rural communities for low-income households.

Funding: ~$50M national; 1% interest, 50-year terms

Who can apply: Private developers, nonprofits, public agencies in eligible rural areas

FederalLoan

Section 538 Guaranteed Rural Rental Housing(Sec. 538)

USDA Rural Development

Federal loan guarantees enabling private lenders to finance new construction and rehab of multifamily housing in rural areas.

Funding: ~$400M national; guarantees up to 90% of eligible loan

Who can apply: For-profit and nonprofit developers in eligible rural areas; households up to 115% AMI

California StateTax Credit

California Low-Income Housing Tax Credit(State LIHTC)

California Tax Credit Allocation Committee (TCAC)

State tax credit layered on top of the federal LIHTC to boost equity in California affordable housing projects.

Funding: $500M/year; $100M set aside for CalHFA MIP; $25M for farmworker housing

Who can apply: Same as federal LIHTC — nonprofit and for-profit affordable housing developers in California

California StateBond

Tax-Exempt Private Activity Bonds(PABs / QRRP)

California Debt Limit Allocation Committee (CDLAC)

California's annual bond volume cap allocation for affordable multifamily housing, enabling 4% LIHTC financing.

Funding: ~$5B+ annual volume cap; 3 QRRP rounds per year

Who can apply: Affordable multifamily rental developers using conduit bond issuers; automatically triggers 4% federal LIHTC

California StateLoan✕ Closed

Multifamily Housing Program(MHP)

California HCD

State deferred-payment loan (3% simple interest) for new construction, rehabilitation, and preservation of affordable rental housing.

Funding: $240M available (2026 NOFA); max $20M per project; 55-year deferred loans

Who can apply: Nonprofit and for-profit developers of multifamily rental housing for lower-income households

California StateGrant + Loan

Affordable Housing and Sustainable Communities(AHSC)

Strategic Growth Council / HCD

Combines housing development with transit, active transportation, and GHG reduction investments. One of California's largest climate-housing programs.

Funding: ~$120M per round; funded by Cap-and-Trade auction proceeds

Who can apply: Affordable housing developers partnering with transportation agencies; projects in Disadvantaged Communities (DACs)

California StateGrant

Homekey Program(Homekey)

California HCD

Funds acquisition and rehabilitation of hotels, motels, and vacant buildings for conversion to housing for people experiencing homelessness.

Funding: $3B+ total across multiple rounds

Who can apply: Cities, counties, PHAs, COGs, tribal entities

California StateGrant

Homekey+ Program(Homekey+)

California HCD

Expands Homekey with Proposition 1 bond funds, targeting permanent supportive housing for the most vulnerable Californians.

Funding: ~$2.145B (Proposition 1, 2024 bond)

Who can apply: Cities, counties, PHAs, COGs, regional agencies, tribes; housing for Veterans, transition-age youth, and individuals with mental health needs

California StateLoan

California Housing Accelerator(CHA)

California HCD

Forgivable loans to jumpstart shovel-ready projects stuck in the financing gap. Projects must start construction within 180 days.

Funding: ~$1.6B total (ARPA-funded); 0% interest, no payments for 20 years

Who can apply: Multifamily affordable housing projects that already have an active HCD award but cannot access LIHTC or bonds

California StateGrant

Infill Infrastructure Grant(IIG)

California HCD

Funds streets, utilities, and parks infrastructure that is integral to affordable or mixed-income infill housing development.

Funding: Part of HCD Multifamily Finance Super NOFA pool (~$382M in 2025 Round 3)

Who can apply: Local governments and affordable housing developers in infill locations

California StateGrant

Permanent Local Housing Allocation(PLHA)

California HCD

Ongoing state funding for local affordable housing activities, from new construction to homebuyer assistance and ADU programs.

Funding: Formula allocations based on SB 2 real estate document recording fee revenues

Who can apply: Cities and counties (formula); non-entitlement local governments (competitive); broad affordable housing uses

California StateLoan

No Place Like Home(NPLH)

California HCD

State bond loan program pairing affordable housing with mental health services for the state's most vulnerable homeless residents.

Funding: $2B total (Prop 2 bonds); up to $30M per county project

Who can apply: California counties (and their developer partners); permanent supportive housing for adults with serious mental illness who are homeless

California StateGrant + Loan

Joe Serna Jr. Farmworker Housing Grant(FWHG)

California HCD

Grants and loans for new construction or rehabilitation of owner-occupied or rental housing for California's farmworker population.

Funding: Part of HCD Multifamily Finance Super NOFA pool

Who can apply: Local governments, nonprofits, and for-profit developers; housing for agricultural workers and their families

California StateLoan

Transit-Oriented Development Program(TOD)

California HCD

State loans for affordable multifamily housing near transit, reducing car dependency and supporting climate goals.

Funding: Part of HCD Multifamily Finance Super NOFA pool

Who can apply: Affordable housing developers (nonprofit and for-profit) within a half-mile of transit stations

California StateGrant + Loan

CalHome Program(CalHome)

California HCD

Funds first-time homebuyer assistance, owner-occupied rehabilitation, ADU construction, and homebuyer education programs.

Funding: Up to $5M per agency; up to $38K per homebuyer/homeowner

Who can apply: Local public agencies and nonprofit organizations; households at or below 80% AMI

California StateGrant

Homeless Housing, Assistance and Prevention(HHAP)

California HCD

State grants for the full spectrum of homelessness interventions — from interim shelter and encampment resolution to permanent housing and services.

Funding: $300M–$1B+ per round; Rounds 1–4 released

Who can apply: CoC lead agencies, cities, counties, tribal entities, and perinatal residential programs

California StateGrant

Encampment Resolution Funding(ERF)

California HCD

Targeted funding to resolve encampments and connect residents to housing or shelter.

Funding: ~$93M awarded in 2025

Who can apply: Local governments and tribal entities

California StateGrant

Emergency Solutions Grants(ESG)

HUD / California HCD

Federal grant passed through HCD for emergency shelter operations and services, rapid rehousing, and HMIS data systems.

Funding: ~$40–50M California/year (HCD share for non-entitlement jurisdictions)

Who can apply: Nonprofits and local governments; emergency shelter, rapid rehousing, homelessness prevention

California StateLoan

CalHFA Multifamily Lending Programs(CalHFA)

California Housing Finance Agency

Tax-exempt and taxable permanent loans and construction financing for affordable housing serving individuals, families, seniors, and veterans.

Funding: $3B+ annual lending; competitive long-term permanent financing

Who can apply: Nonprofit and for-profit developers of affordable multifamily rental housing

California StateGrant + Loan

CalHFA Mixed-Income Program(MIP)

CalHFA / TCAC

Pairs a dedicated state LIHTC set-aside with CalHFA financing to enable mixed-income projects serving a range of income levels.

Funding: $100M state LIHTC set-aside annually; combined with CalHFA construction and permanent loans

Who can apply: Nonprofit and for-profit developers of mixed-income housing with affordable units

California StateGrant

CASF Broadband Public Housing Account(CASF / BPHA)

California Public Utilities Commission (CPUC)

Funds broadband infrastructure installation in affordable housing developments so residents receive free internet access for at least 5 years.

Funding: ~$30M/year; up to 100% of eligible broadband infrastructure costs

Who can apply: ISPs, housing owners, property managers, tribal entities; 80%+ of residents must be low-income

California StateIncentive

Solar on Multifamily Affordable Housing(SOMAH)

California Public Utilities Commission (CPUC)

Solar installation incentive providing bill credits to tenants in affordable housing — reducing energy costs for low-income renters.

Funding: $100M/year authorized; $1,000 per kW DC incentive

Who can apply: Owners of affordable multifamily housing (5+ units, 80%+ low-income tenants) in PG&E, SCE, SDG&E, or SoCalGas territories

California StateGrant

Equitable Building Decarbonization(EBD)

California Energy Commission (CEC)

Covers 100% of the cost of electrification upgrades in income-qualified properties, reducing energy bills and carbon emissions.

Funding: ~$770M total IRA-funded; free heat pumps, EV chargers, and electrification upgrades

Who can apply: Low-income households and affordable multifamily housing buildings; community organizations can apply for portfolios

Foundation / CDFIGrant

Wells Fargo Housing Affordability Breakthrough Challenge

Wells Fargo Foundation

Annual national competition recognizing innovative approaches to housing affordability in design, construction, finance, and service delivery.

Funding: $10M total; $2M per winner (5 winners)

Who can apply: Nonprofits and for-profit organizations with innovative housing solutions nationally; California organizations eligible

Foundation / CDFIGrant + Loan

JPMorgan Chase Philanthropic Housing Grants

JPMorgan Chase & Co.

Philanthropic grants and impact loans to expand housing supply, paired with significant CRA-motivated debt and equity financing for affordable housing developers.

Funding: $40M+ in 2025 philanthropic commitments; $5B+ in CRA debt and equity financing

Who can apply: CDFIs, CDCs, nonprofits, and intermediaries pioneering housing supply solutions; California organizations eligible

Foundation / CDFIGrant

MacArthur Foundation Housing Grants

John D. and Catherine T. MacArthur Foundation

Foundation-initiated grants to national and California housing intermediaries, advocates, and research organizations.

Funding: $500K–multi-million per grantee over multi-year periods

Who can apply: By invitation; nonprofit intermediaries, policy advocates, and research organizations focused on affordable housing preservation

Foundation / CDFIGrant + Loan

Weingart Foundation Grants & PRIs

Weingart Foundation

Grants and below-market program-related investments for Southern California nonprofits working on affordable housing and community development.

Funding: Grants $50K–$500K; Program-Related Investments (PRIs) can be larger

Who can apply: Nonprofits in Los Angeles, Orange, Riverside, San Bernardino, and Ventura counties focused on racial and economic justice

Foundation / CDFIGrant + Loan

Enterprise Community Partners — Grants & Capital

Enterprise Community Partners

National CDFI and intermediary providing grants, LIHTC equity investments, loans, and technical assistance to affordable housing developers.

Funding: Variable — manages $1B+ annually in grants, LIHTC equity, and loans

Who can apply: Nonprofit affordable housing developers, CDCs, and community organizations in California

Foundation / CDFIGrant + Loan

LISC California — Grants & Capital Programs

Local Initiatives Support Corporation (LISC)

CDFI and intermediary providing grants, LIHTC equity, loans, HUD Section 4 capacity-building support, and technical assistance across California.

Funding: Variable — $65M+ in unrestricted philanthropic funding raised in 2025

Who can apply: Nonprofit CDCs, affordable housing developers, and community organizations in California

Looking for upcoming deadlines?

The funding calendar tracks application deadlines for TCAC, HCD, CDLAC, and other programs.

View funding calendar →