California Department of Housing and Community Development
California
Low-interest, long-term deferred-payment loans for new construction, rehabilitation, and preservation of permanent rental housing for lower-income households.
Funding Source
General revenue
Funding Year
2022
Program Status
Active
State Funding
$236,000,000
Total Funding
$236,000,000
Contact
How Provided?
Development loans
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age
Program Type
Income Eligibility Threshold
Duration
Info Source
Program administrator survey response
Last Updated
7/12/23 17:56
Other Eligibility Requirements
No other eligibility requirements
Coordinates Eligibility With
Does not coordinate with other systems
Eligibility Limitations
Does not limit eligibility on these criteria
Priority Populations
Extremely low-income households (income less than 30% AMI)