The meeting focused on various initiatives including the Cal Assist program, which provides mortgage assistance to disaster-affected homeowners and has recently expanded eligibility to include owners of multiple properties. The board discussed the successful issuance of sustainability bonds supporting affordable housing and the legislative updates concerning the housing trailer bill, which includes structural changes to the housing development and finance committee. The board also reviewed the permanent loan approval for the Sky Castle project, a significant adaptive reuse development in downtown Los Angeles, and recognized staff achievements, including the Great Place to Work certification.
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California Housing Finance Agency Board of Directors Public Meeting Agenda
The Board of Directors meeting included discussion and potential action on final loan commitments for the Sierra Vista Apartments in Roseville and La Estancia in Los Angeles. Additionally, the agenda covered a review of the draft Fiscal Year 2026-29 Strategic Plan, informational reports regarding the Strategic Plan and Operating Budget for the third quarter of Fiscal Year 2025/26, and an opportunity for public comment on matters under the Board's authority.
Apr 16, 2026·Board meeting
California Housing Finance Agency Board Of Directors Meeting
The Board discussed updates on the California Dream for All Program, the CalAssist Mortgage Fund's disaster recovery support, and the progress of the Housing Development and Finance Committee. The New Opportunities Committee reported on lending opportunities. The Board approved several permanent loan increases for multifamily housing projects, including Victoria Flats, 960 Howard Street, Sherman Apartments, and Marinwood Plaza. Additionally, the Board received a state and federal legislative update and engaged in a discussion regarding accessibility for program applicants, development incentives in Opportunity Zones, and the need for outcome reports on innovative projects.
Apr 16, 2026·Board meeting
California Housing Finance Agency Board of Directors Public Meeting Agenda
The board met to discuss and take action on final loan commitments for several multifamily housing projects, specifically Victoria Flats and 960 Howard Street. Other discussion topics included the Chairperson and Executive Director's comments, a report from the New Opportunities Committee, state and federal legislative updates, and informational written reports concerning single-family loan production and state leadership accountability. The meeting also provided an opportunity for public comment.
