California Awards $126 Million from CalHome to Increase Homeownership and Revitalize Homes and Neighborhoods

December 1, 2023
Couple embracing after receiving keys to their new home. Tag line reads: CalHOME expands homeownership and revitalizes neighborhoods.

Sacramento, CA —  

The Department of Housing and Community Development (HCD) today announced more than $126 million in funding aimed at increasing opportunities for homeownership, encouraging neighborhood revitalization and sustainable development, and maximizing use of existing homes in 23 California counties.

Today’s 38 awards from the CalHome program will fund projects that support homeownership programs aimed at low- and very low-income households and are operated by local government agencies, tribes, and nonprofit organizations.

“Becoming a homeowner is one of the surest ways to gain housing security and build generational wealth,” said HCD Director Gustavo Velasquez. “CalHome presents a tremendous opportunity to make homeownership possible for people who never thought it would be attainable, strengthening both families and communities.”

In January, HCD announced the first-ever Homeownership Super Notice of Funding Availability (HOSN) for approximately $170 million, including $135 million in funds for the following CalHome Program and $35 million for the Joe Serna, Jr. Farmworker Housing Grant Program – Homeownership.

CalHome provides grants and loans for first-time homebuyer mortgage assistance programs, owner-occupied rehabilitation programs, homeownership development projects, self-help technical assistance projects, and accessory dwelling unit (ADU)/junior ADU programs. Awards are made to local government agencies, tribes, and nonprofit organizations, who then assist individuals in their community.

A map of the state of california with counties highlighted receiving awards. Text next to map reads: Today's 126 million dollars in calhome awards will fund 38 projects assisting 1,300 households.


Today’s 38 CalHome awards will fund projects assisting 1,300 households in the counties of Alameda, Butte, Calaveras, Contra Costa, Fresno, Glenn, Humboldt, Kern, Kings, Lake, Los Angeles, Madera, Marin, Merced, Nevada, Riverside, Sacramento, San Bernardino, San Mateo, Santa Clara, Santa Cruz, Tulare, and Yuba.

Please visit HCD’s website for a full list of CalHome awards.

Contact Details:

Pablo Espinoza
Deputy Director of Communications
HCD Press Office