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The California Housing Finance Agency (CalHFA), established in 1975, is an independent California state agency within the California Department of Housing and Community Development that makes low-rate housing loans through the sale of taxable and tax exempt bonds.
In 2023, Newsom signed AB 434, which empowers the Department of Housing and Community Development (HCD) to enforce the streamlining of HOME Act projects concerning ministerial processing of lot splits in single-family residential zones, along with the streamlining of projects which fall under the ADU law, SB 6 (2022), SB 4 (2023), SB 684 (2023) and AB 1218 (2023), and requires the department ...
The good news: First-time home buyers and ADU builders will have another chance to get state subsidies, thanks to an agreement by lawmakers and Gov. Gavin Newsom that restores funding for programs ...
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Key takeaways. Homeowners insurance policies can be canceled or nonrenewed for lapses in payment, changes in underwriting criteria, the condition of the home or property and more.
In his veto message, Newsom cited his signature of SB 561 and AB 2233 to codify a 2019 executive order requiring the California Department of General Services to create a digitized inventory of excess state-owned properties and collaborate with the HCD and CalHFA to identify sites on state-owned parcels available for affordable housing. He also ...