The CalHFA General Board Meeting on January 28, 2025, highlighted the agency's commitment to supporting victims of recent fires in the Los Angeles area. During the meeting, officials expressed their solidarity with first responders and those affected by the tragedy, emphasizing that assistance for these individuals is a top priority for the Newsom administration.

In response to the disaster, CalHFA plans to present options for support in February. The agency aims to learn from past experiences, particularly the COVID relief efforts, to ensure that all funding sources are effectively utilized without duplicating efforts. This approach is intended to reach all affected individuals, including those in the "missing middle" who may not typically qualify for assistance.

CalHFA reported that one of its properties in Altadena was evacuated and sustained damage. The agency is actively working with the property owner to assess the situation and provide necessary support, including potential forbearance options, in line with executive orders from the governor.

Additionally, it was announced that victims of the fires are eligible for CalHFA programs, with the agency waiving the first-time homebuyer requirement for those impacted by natural disasters. This initiative aims to facilitate recovery and rebuilding efforts for affected families.

The meeting also touched on the recent budget announcement by the governor, which occurred amidst the ongoing challenges faced by the state. As CalHFA continues to navigate these issues, its focus remains on providing essential support to those in need during this difficult time.