California Housing Finance Agency

Organization

California Housing Finance Agency (CalHFA)

Industry

State Government / Public Housing Finance

Engagement Focus 

• Decade-plus Microsoft Dynamics GP (Great Plains) support
• Financial infrastructure set up for new state and federal programs
• Federal Mortgage Relief Fund administration and audit support
• Process automation for banking and disbursement workflows

Key Outcomes

• Stood up full financial infrastructure for a $1B+ federal mortgage relief program on a compressed timeline/li>
• Contributed to audit results with no findings across multiple state and federal programs
• New program companies configured on demand as new state initiatives launch, most recently a statewide Disaster Recovery Fund
• Replaced a manual, fraud-exposed paper check process with a secure, automated one
• Responsive, after-hours support a small internal team can rely on without hesitation

The California Housing Finance Agency is a self-supporting state agency chartered in 1975 as California's affordable housing lender. CalHFA finances first mortgages and down payment assistance for first-time homebuyers and partners with developers on affordable rental housing, funding its operations through mortgage revenue rather than taxpayer dollars.

Because it regularly administers state and federal resources on the state's behalf, CalHFA also carries the compliance and audit obligations that come with public funds, on top of its own lending programs. Its financial systems team runs on Microsoft Dynamics GP, supported by Northbank (formerly QBIX) for well over a decade.