Our Programs

Housing, neighborhoods, and opportunity — together.

Our programs address the full foundation of community well-being: a safe home, a healthy neighborhood, and the means to build a better future.

Pictured: Aldea, developed by an affiliated third-party developer — not a CalCAF project.

Row of three-story apartment buildings with balconies and accessible parking

Pictured: Aldea, developed by an affiliated third-party developer — not a CalCAF project.

Program 01

Affordable Housing

We work to expand the supply of quality affordable rental housing for low- and moderate-income households through new development, rehabilitation, and preservation of existing affordable homes.

  • New affordable rental development with mission-aligned partners
  • Acquisition and rehabilitation of aging housing stock
  • Preservation of at-risk affordable units
  • Resident-centered design and long-term affordability
Aerial view of a two-story building with rooftop solar, mountains behind

Pictured: Aldea, developed by an affiliated third-party developer — not a CalCAF project.

Program 02

Homeownership

Homeownership remains one of the most durable paths to family stability and wealth. We support pathways that make ownership attainable for first-time and moderate-income buyers.

  • Attainable for-sale housing opportunities
  • Homebuyer education and readiness support
  • Partnerships to connect buyers with down-payment resources
  • Long-term affordability models
Three-story apartment buildings with balconies beneath a blue sky

Pictured: Aldea, developed by an affiliated third-party developer — not a CalCAF project.

Program 03

Community Revitalization

Healthy neighborhoods need more than housing. We pursue responsible investment that improves housing conditions and strengthens the places where families live, work, and gather.

  • Neighborhood-scale investment strategies
  • Improved housing conditions and safety
  • Sustainable, resource-efficient development
  • Close coordination with local stakeholders
Covered, accessible walkway between residential buildings at dusk

Pictured: Aldea, developed by an affiliated third-party developer — not a CalCAF project.

Program 04

Economic Opportunity

Stable housing creates the conditions for economic mobility. We support education, workforce development, and initiatives that help individuals and families build lasting financial security.

  • Education and financial capability initiatives
  • Workforce development partnerships
  • Connections to supportive community services
  • Pathways toward economic self-sufficiency

Collaborate

Communities are built together.

We welcome conversations with public agencies, funders, nonprofit organizations, and responsible private-sector partners committed to California's communities.