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California Housing Finance Agency | CalHFA Broadens Its Reach with the Efficient Mixed-Income Program

Published on August 4, 2020
California Housing Finance Agency | CalHFA Broadens Its Reach with the Efficient Mixed-Income Program

CalHFA's Mixed-Income Program (MIP), launched in 2019 and expanded with additional state resources in 2020, is unique in California, where no other state rental housing program provides subsidy for people making above 60% of the area median income, often called the Missing Middle. MIP serves a range of income levels up to 120% of AMI, with the developments taking advantage of income averaging, and its streamlined finance model will produce more housing in less time and with less public subsidy.

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