Retired Subcategories: Financial
Recognizes an HFA for outstanding innovation in financial management to strengthen agency operations and achieve strategic objectives.
Judging Criteria
Management Innovation entries will be judged on the degree to which they:
- Are innovative
- Are replicable
- Respond to a management challenge or opportunity
- Achieve measurable improvements in agency operations
- Provide benefits that outweigh costs
- Demonstrate effective use of resources
- Achieve strategic objectives
If you have questions, please email awards@ncsha.org or call 202-624-7710.
2025 Winner
California Housing Finance Agency
2025 Entries
California Housing Finance Agency:
Bond Strategy is a Financial Win-Win for CalHFA and its Borrowers
CalHFA took advantage of a rare opportunity to design a comprehensive long-term strategy that includes indentures for Affordable Housing Revenue Bonds and Homeownership Mortgage Revenue Bonds. The initial issuances were both successful, improving CalHFA’s financial strength while providing cost savings for first-time homebuyers as well as cost savings that the Agency can use to financing more affordable housing.
