Deborah Brennan Calmatters

## All About California Housing Finance Agency The California Housing Finance Agency (CalHFA) is a self-supported state agency that provides financial assistance to low- and moderate-income homebuyers and renters. CalHFA was created in 1975 by the California Legislature. The agency's mission is to increase the availability of affordable housing in California. CalHFA does this by providing low-interest loans, down payment assistance grants, and other financial assistance programs to first-time homebuyers, low-income families, and seniors. CalHFA is a non-profit organization. The agency is governed by a 13-member board of directors. The board is appointed by the Governor of California. CalHFA has helped more than 2 million Californians achieve their dream of homeownership. The agency's programs have also helped to create and preserve more than 500,000 affordable rental units in California. ### CalHFA Programs CalHFA offers a variety of programs to help low- and moderate-income Californians with their housing needs. These programs include: * **First-time Homebuyer Programs:** These programs provide low-interest loans and down payment assistance grants to first-time homebuyers. * **Down Payment Assistance Programs:** These programs provide grants to help low-income families with the down payment on a home. * **Rental Assistance Programs:** These programs provide financial assistance to low-income families and seniors with their rent payments. * **Home Improvement Programs:** These programs provide loans and grants to help homeowners make repairs and improvements to their homes. * **Homeownership Education and Counseling Programs:** These programs provide education and counseling to help homeowners understand their rights and responsibilities. ### CalHFA Eligibility CalHFA programs are available to low- and moderate-income Californians. To be eligible for CalHFA assistance, you must meet the following requirements: * Be a California resident. * Have a low or moderate income. * Be a first-time homebuyer or a homeowner who is refinancing or making repairs to their home. ### How to Apply for CalHFA Assistance To apply for CalHFA assistance, you must complete an application. Applications are available online or by mail. Once you have completed your application, you will need to submit it to CalHFA. CalHFA will review your application and determine if you are eligible for assistance. If you are eligible, you will be notified and you will be able to start the process of obtaining a loan or grant. ### Benefits of CalHFA Assistance There are many benefits to CalHFA assistance. These benefits include: * **Low-interest loans:** CalHFA offers low-interest loans to first-time homebuyers and low-income families. * **Down payment assistance grants:** CalHFA provides down payment assistance grants to first-time homebuyers and low-income families. * **Rental assistance:** CalHFA provides financial assistance to low-income families and seniors with their rent payments. * **Home improvement loans and grants:** CalHFA provides loans and grants to help homeowners make repairs and improvements to their homes. * **Homeownership education and counseling:** CalHFA provides education and counseling to help homeowners understand their rights and responsibilities. If you are a low- or moderate-income Californian, CalHFA can help you with your housing needs. CalHFA offers a variety of programs to help you buy a home, rent a home, or improve your home. To learn more about CalHFA programs, visit the CalHFA website or call CalHFA at 1-800-830-2543.