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 101–125.

101

Hollywood Community Housing Corporation

26 projects · 9 JVs

45% JV+275 pipeline

1,115

units

102

Cascade Housing Association

15 projects · 10 JVs

56% JV

1,111

units

103

D.L. Horn

16 projects · 16 JVs

100% JV+355 pipeline

1,106

units

104

SRO Housing Corporation

11 projects · 11 JVs

100% JV

1,105

units

105

CHISPA, Inc.

24 projects · 4 JVs

26% JV

1,087

units

106

Rainbow Housing Assistance Corporation

11 projects · 11 JVs

100% JV+621 pipeline

1,072

units

107

Related Development Company

11 projects · 11 JVs

100% JV

1,053

units

108

Community Corporation of Santa Monica

27 projects · 1 JVs

15% JV+250 pipeline

1,049

units

109

Core Affordable Housing, LLC

10 projects · 7 JVs

80% JV+712 pipeline

1,046

units

110

AHDC

12 projects · 12 JVs

100% JV

1,041

units

111

Vintage Housing Development, Inc.

5 projects · 5 JVs

100% JV

1,021

units

112

Standard Property Company, Inc.

8 projects · 8 JVs

100% JV

1,020

units

113

Kaweah Management Company

25 projects · 17 JVs

75% JV+261 pipeline

1,017

units

114

Vitus Development, LLC

6 projects · 6 JVs

100% JV

1,015

units

115

Hearthstone CA Properties III, LLC

8 projects · 7 JVs

83% JV

1,014

units

116

The Related Companies of California

14 projects · 10 JVs

69% JV

1,006

units

117

Simpson Housing Solutions, LLC

8 projects · 8 JVs

100% JV

998

units

118

Central California Housing Corporation

12 projects · 11 JVs

81% JV+69 pipeline

984

units

119

S.V.D.P. Management, Inc.

8 projects · 4 JVs

64% JV+122 pipeline

977

units

120

AHA San Jose MGP, LLC

7 projects · 4 JVs

61% JV

972

units

121

Egis Group, Inc.

13 projects · 13 JVs

100% JV

970

units

122

Mission Housing Development Corporation

13 projects · 8 JVs

51% JV+136 pipeline

969

units

123

Not Applicable

12 projects · 12 JVs

100% JV+314 pipeline

967

units

124

Mutual Housing California

12 projects · 1 JVs

15% JV+559 pipeline

963

units

125

Satellite Affordable Housing Associates

17 projects · 1 JVs

9% JV+282 pipeline

934

units

Development model breakdown

Share of units built as sole sponsor vs. joint venture — developers 101–125.

Hollywood Community Housing Corporation

55% sole sponsor45% JV

Cascade Housing Association

44% sole sponsor56% JV

D.L. Horn

0% sole sponsor100% JV

SRO Housing Corporation

0% sole sponsor100% JV

CHISPA, Inc.

74% sole sponsor26% JV

Rainbow Housing Assistance Corporation

0% sole sponsor100% JV

Related Development Company

0% sole sponsor100% JV

Community Corporation of Santa Monica

85% sole sponsor15% JV

Core Affordable Housing, LLC

20% sole sponsor80% JV

AHDC

0% sole sponsor100% JV

Vintage Housing Development, Inc.

0% sole sponsor100% JV

Standard Property Company, Inc.

0% sole sponsor100% JV

Kaweah Management Company

25% sole sponsor75% JV

Vitus Development, LLC

0% sole sponsor100% JV

Hearthstone CA Properties III, LLC

17% sole sponsor83% JV

The Related Companies of California

31% sole sponsor69% JV

Simpson Housing Solutions, LLC

0% sole sponsor100% JV

Central California Housing Corporation

19% sole sponsor81% JV

S.V.D.P. Management, Inc.

36% sole sponsor64% JV

AHA San Jose MGP, LLC

39% sole sponsor61% JV

Egis Group, Inc.

0% sole sponsor100% JV

Mission Housing Development Corporation

49% sole sponsor51% JV

Not Applicable

0% sole sponsor100% JV

Mutual Housing California

85% sole sponsor15% JV

Satellite Affordable Housing Associates

91% sole sponsor9% 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.