Golden State Acquisition Fund (GSAF)

 

Purpose

Golden State Acquisition Fund (GSAF) was seeded with $23 million from the Department’s Affordable Housing Innovation Fund.  Combined with matching funds, GSAF makes up to five-year loans to developers for acquisition or preservation of affordable housing.  Loans are a maximum of $13,950,000. 

Funds are made available over the counter.  Contact a fund manager for more information.