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CalHFA no longer issues mortgage insurance. CalHFA also administers programs using funds allocated to it by the Federal Government, State Legislature and other sources. These programs have included Keep Your Home California, the National Mortgage Settlement Housing Counseling Program, the California Mortgage Relief Program and others.
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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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 ...
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.
The Housing Accountability Act (HAA) is a California state law designed to promote infill development by speeding housing approvals. The Act was passed in 1982 in recognition that "the lack of housing, including emergency shelter, is a critical statewide problem," and has also been referred to as "the anti-NIMBY law."