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 76–100.

Quality Housing Development Corporation

23 projects · 11 JVs

46% JV

1,399

units

Highland Property Development

19 projects · 19 JVs

100% JV

1,385

units

CFY Development, Inc.

15 projects · 15 JVs

100% JV

1,353

units

Surf Development Company

26 projects · 25 JVs

96% JV+444 pipeline

1,349

units

Chinatown Community Development Center

10 projects · 4 JVs

39% JV+445 pipeline

1,316

units

Preservation Partners Development

11 projects · 11 JVs

100% JV

1,276

units

DeSola Development Associates, LLC

6 projects · 6 JVs

100% JV

1,268

units

AIMCO Equity Services, Inc.

9 projects · 9 JVs

100% JV

1,268

units

USA Multi-Family Development, Inc.

11 projects · 11 JVs

100% JV+2,328 pipeline

1,267

units

National Community Renaissance

15 projects · 14 JVs

91% JV

1,266

units

InSite Development, LLC

17 projects · 17 JVs

100% JV

1,253

units

PacH Lancaster Holdings, LLC

14 projects · 13 JVs

76% JV+84 pipeline

1,225

units

The Beneficial Housing Foundation, a California no

18 projects · 17 JVs

94% JV

1,214

units

Hearthstone CA Properties II, LLC

11 projects · 11 JVs

100% JV+234 pipeline

1,212

units

Charities Housing

16 projects · 6 JVs

30% JV+128 pipeline

1,198

units

National Community Renaissance of California

15 projects · 12 JVs

88% JV+1,673 pipeline

1,197

units

Global Premier Development, Inc.

20 projects · 20 JVs

100% JV

1,188

units

MRK Partners, Inc.

9 projects · 9 JVs

100% JV+1,167 pipeline

1,181

units

St. Anton Communities, LLC

9 projects · 3 JVs

27% JV+661 pipeline

1,176

units

Central Valley Coalition for Affordable Housing a

7 projects · 6 JVs

88% JV

1,156

units

Trillium Housing Services

13 projects · 9 JVs

67% JV

1,150

units

Fairfield Affordable Housing LLC

7 projects · 7 JVs

100% JV

1,143

units

KDF Communities LLC

9 projects · 9 JVs

100% JV

1,131

units

Satellite AHA Development Inc.

18 projects · 15 JVs

66% JV

1,125

units

100

San Francisco Housing Development Corporation

10 projects · 9 JVs

93% JV+596 pipeline

1,120

units

Development model breakdown

Share of units built as sole sponsor vs. joint venture — developers 76–100.

Quality Housing Development Corporation

54% sole sponsor46% JV

Highland Property Development

0% sole sponsor100% JV

CFY Development, Inc.

0% sole sponsor100% JV

Surf Development Company

4% sole sponsor96% JV

Chinatown Community Development Center

61% sole sponsor39% JV

Preservation Partners Development

0% sole sponsor100% JV

DeSola Development Associates, LLC

0% sole sponsor100% JV

AIMCO Equity Services, Inc.

0% sole sponsor100% JV

USA Multi-Family Development, Inc.

0% sole sponsor100% JV

National Community Renaissance

9% sole sponsor91% JV

InSite Development, LLC

0% sole sponsor100% JV

PacH Lancaster Holdings, LLC

24% sole sponsor76% JV

The Beneficial Housing Foundation, a California no

6% sole sponsor94% JV

Hearthstone CA Properties II, LLC

0% sole sponsor100% JV

Charities Housing

70% sole sponsor30% JV

National Community Renaissance of California

12% sole sponsor88% JV

Global Premier Development, Inc.

0% sole sponsor100% JV

MRK Partners, Inc.

0% sole sponsor100% JV

St. Anton Communities, LLC

73% sole sponsor27% JV

Central Valley Coalition for Affordable Housing a

12% sole sponsor88% JV

Trillium Housing Services

33% sole sponsor67% JV

Fairfield Affordable Housing LLC

0% sole sponsor100% JV

KDF Communities LLC

0% sole sponsor100% JV

Satellite AHA Development Inc.

34% sole sponsor66% JV

San Francisco Housing Development Corporation

8% sole sponsor92% 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.