The 2026-27 Budget: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - As a result, many projects would receive an HDFC award, and thus there would be an increase in calls on the proposed set ‑aside pool. In years of leaner supplies of state subsidies, however, demand for the set ‑aside pool will be much less and a mandatory 50  percent set ‑aside for HDFC projects could be too high.
https://lao.ca.gov/Publications/Report/5154