SACRAMENTO — Using a suite of affordable housing and homeownership programs that address the diverse needs of our state, the California Housing Finance Agency in Fiscal Year 2022-23 helped 13,879 California households take steps toward housing stability and building intergenerational wealth.

"Whether it is a family stabilizing their lives by finally getting an apartment with affordable rent, a first-time homebuyer achieving the dream of homeownership or the construction of an Accessory Dwelling Unit (ADU) that adds value to a property while creating a much-needed new housing unit, CalHFA's financing is helping Californians in all walks of life," said CalHFA Executive Director Tiena Johnson Hall.

This year, our flagship down payment and closing cost assistance program, MyHome, was supplemented by additional state resources that allowed CalHFA to create specialized programs to help a wider range of homebuyers.

CalHFA's various down payment assistance programs helped 7,323 homebuyers access $2.8 billion in first mortgages, including teachers, social workers, nurses and single mothers like Leslie Ann, who was able to purchase a home for her and her children in Oakley, CA.

"CalHFA allows so many people that otherwise would not be able to be homeowners, to be homeowners and accomplish their dreams," said Ashley Gurevich, a loan officer who assisted Leslie Ann.