Business, Transportation & Housing
2260 California Housing Finance Agency

The mission of the California Housing Finance Agency, which was statutorily chartered in 1975 to be the State's affordable housing bank, is to create safe, decent, and affordable rental housing and to assist first-time homebuyers in achieving the dream of home ownership by providing affordable first and secondary mortgage loans and mortgage insurance. The agency is financially self-supporting, setting loan interest rates slightly above its cost and charging fees for specific services to cover its lending costs and risks.


EXPENDITURES Back to Top
The following table presents proposed and revised budget year expenditures for this Department.
Expenditures January '08
Proposed*
May '08
Revised*
Change* % Change
Totals Expenditures (excluding Infrastructure)
$45,947
$45,947
$-
0.00%
    Infrastructure
-
-
-
-
Totals, All Expenditures
$45,947
$45,947
$-
0.00%

POSITIONS Back to Top
The following table presents proposed and revised budget year positions for this Department.
Positions January '08
Proposed
May '08
Revised
Change % Change
Totals, Positions 306.3 306.3 - 0.00%

DETAILED EXPENDITURES BY STATE FUNDS Back to Top
The following table presents proposed and revised state fund expenditure amounts for the budget year by General Fund, special funds, and selected bond funds.
Expenditures January '08
Proposed*
May '08
Revised*
Change* % Change
General Fund
$-
$-
$-
-
Special Funds
-
-
-
-
Selected Bond Funds
-
-
-
-
Totals, State Funds
$-
$-
$-
-


ADDITIONAL INFORMATION Back to Top
Proposed Budget Detail - California Housing Finance Agency (January 2008)
Displays Proposed Budget Detail information for California Housing Finance Agency.