Sign Up For Novogradac Industry Alert Emails

California Governor Signs Bill to Increase Funding for CHFA

Friday, August 17, 2001 - 1:45AM

Governor Gray Davis today signed AB 1044 by Assemblymember Carole Migden (D-San Francisco), which provides an increase of $2.2 billion in funding for the California Housing Finance Agency (CHFA). The extra funding brings the agency's debt capacity to $11.15 billion from $8.95 billion. The increase authorized by this legislation will help CHFA finance affordable housing for 19,000 families. For more information on CHFA, click here.

Learn more about Novogradac's expertise and many services