Audited Financial Statements Handbook
The California Department of Housing and Community Development (HCD) and the California Housing Finance Agency (CalHFA) have revised (September 2016) the joint Audited Financial Statements Handbook for projects administered under both Departments either jointly or individually. Audits submitted to HCD or CalHFA must adhere to this joint Audited Financial Statements Handbook. HCD and CalHFA have been coordinating selected administrative functions such as the joint Audited Financial Statements Handbook to improve the State's ability to serve and coordinate housing needs and to achieve administrative efficiencies.
Asset Management for Property Agents & Owners
CalHFA's Asset Management Division is responsible to oversee the management of Agency financed multifamily developments. Asset Management staff are located in two offices, Sacramento and Culver City. Use the "Contact Us" tab above or the Agency Contacts page for contact information.
Each project is monitored regarding its financial, physical and occupancy compliance with various regulatory documents. Asset Management's basic objective is to ensure compliance with the Agency's regulatory agreement for safe, decent and sanitary affordable housing opportunities for low to lower income households.
Section 811 Project Rental Assistance Demonstration Program>>
Each project is monitored regarding its financial, physical and occupancy compliance with various regulatory documents. Asset Management's basic objective is to ensure compliance with the Agency's regulatory agreement for safe, decent and sanitary affordable housing opportunities for low to lower income households.
Prepayment Program >>
The Prepayment Program allows certain owners of CalHFA portfolio multifamily projects to pay off their mortgage loan prior to the maturity of their loan.
Additional Resources
List of CalHFA Apartments Sites by County
HUD Fair Housing and Equal Opportunity
