CalHFA board approves final loan commitments for four 2025 Mixed Income Program developments
The California Housing Finance Agency board approved final loan commitments for four 2025 Mixed Income Program projects—Victoria Flats (Ventura), 960 Howard (San Francisco), Sherman Apartments (Los Angeles) and Marinwood Plaza (San Rafael)—totaling approximately $116.17 million in CalHFA first‑lien loans plus MIP subsidies. Votes passed by recorded roll call; one abstention on 960 Howard.
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The California Housing Finance Agency board on March 17 approved final loan commitments for four developments awarded under the 2025 Mixed Income Program, clearing financing that staff said will move the projects into construction.
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