Affordable housing grant programs
Federal, California state, and foundation funding programs for affordable housing development — 5 programs shown.
Multifamily Housing Program(MHP)
California HCD
State deferred-payment loan (3% simple interest) for new construction, rehabilitation, and preservation of affordable rental housing.
Who can apply: Nonprofit and for-profit developers of multifamily rental housing for lower-income households
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.
Who can apply: Multifamily affordable housing projects that already have an active HCD award but cannot access LIHTC or bonds
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.
Who can apply: California counties (and their developer partners); permanent supportive housing for adults with serious mental illness who are homeless
Transit-Oriented Development Program(TOD)
California HCD
State loans for affordable multifamily housing near transit, reducing car dependency and supporting climate goals.
Who can apply: Affordable housing developers (nonprofit and for-profit) within a half-mile of transit stations
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.
Who can apply: Nonprofit and for-profit developers of affordable multifamily rental housing
Looking for upcoming deadlines?
The funding calendar tracks application deadlines for TCAC, HCD, CDLAC, and other programs.
View funding calendar →