As we turn to look forward to 2026, I want to take a moment to celebrate the incredible progress we’ve made together in 2025. I also want to share what lies ahead for CCAH as we focus on how to create more momentum this year. 2025 was a year of milestones and I’d like to highlight a couple of those.
Our membership grew significantly, both in number of member companies and the number of units our members have in portfolio, strengthening our collective voice and impact across California.
We successfully championed legislation allowing early payout of HCD loans through SB 686 and AB 130—a critical step toward improving financial flexibility for affordable housing developers.
We hosted two sold-out conferences, bringing together thought leaders, developers, and policymakers to advance our shared mission.
While these achievements are absolutely worth celebrating, there remain some challenges. Despite the fact that the legislation we sponsored was signed into law with an urgency clause and took effect June 1, 2025, HCD has not yet released updated regulations to implement the early payout legislation. This delay is concerning and we have followed up consistently with HCD, hoping for resolution, without any result. We will continue to advocate for swift action so that the benefits of this legislation can be realized. Additionally, the housing bond didn’t move in 2025 and that piece is critical to fund more production leaving the legislature to press forward on that in year two of the session. Late breaking news shows the bond scheduled for hearing today and we will be there to add our voice in support.
We also remain deeply engaged in the evolving policy landscape through legislative advocacy and our PAC. CCAH strongly endorsed Eleni Kounalakis for State Treasurer and Fiona Ma for Lieutenant Governor, recognizing their leadership and commitment to housing. At the same time, we are monitoring the upcoming reorganization of BCSH and HCD and remain opposed to any effort—such as the recent unsuccessful attempt—to move the functions of TCAC and CDLAC from the Treasurer’s Office to the new California Housing and Homelessness Agency (CHHA). These programs are vital, work well where they are currently housed and their continued stability is essential for our industry.
Looking ahead, we anticipate the Governor’s State of the State address on January 10, which will set the tone for housing policy in 2026. And, as mentioned above, today the Housing Bond Bill will be heard in Senate Housing Committee—a pivotal moment for funding affordable housing statewide.
With those things said, our focus for 2026 is clear:
Advocacy: We will work tirelessly to clear barriers and create pathways for California’s affordable housing developers to build more homes.
Membership Growth: A stronger membership means a stronger voice. We’ll continue to expand our network and deepen engagement.
Political Action Committee Development: Building a robust PAC will ensure we have the resources to influence policy and protect the interests of our industry.
I would be remiss if I didn’t thank our current members and board of directors for the support in 2025. Membership strengthens our ability to create positive change and ensures we can continue to fight for policies that make affordable housing possible in California. Membership in CCAH runs on a calendar year basis, and your participation is essential to our success. Thank you to all members who have already renewed or joined for 2026! If you haven’t yet renewed, please note that invoices were sent out shortly before the end of the year. Payment is easy. You may send us a check, pay online, or ask us for our ACH information—whatever works best for you. If you are not yet a member, we’d love to have you. You can give us a call with questions or join here online.
In partnership and growth,
Executive Director, California Council for Affordable Housing