2023-04-24T08:47:24-05:00 2022-09-30 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2021-10-01 871237752 CALHFA HOMEOWNER RELIEF CORPORATION CALH 9163268653 500 CAPITOL MALL 1400 SACREMENTO CA 95814 MR ERWIN TAM CHIEF FINANCIAL OFFICER 9163268653 2023-04-19 1 MR ERWIN TAM 999009999 DAVID A URBAN CPA P00630018 7166340700 2023-04-19 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MR ERWIN TAM 500 CAPITOL MALL 1400 SACREMENTO CA 95814 243260963 0 X CAMORTGAGERELIEF.ORG X 2021 CA TO ADMINISTER THE CALIFORNIA MORTGAGE RELIEF PROGRAM WITH THE GOAL OF PROVIDING VARIOUS FORMS OF ASSISTANCE TO CERTAIN CALIFORNIA HOMEOWNERS AT RISK OF FORECLOSURE DUE TO ADVERSE CONDITIONS CREATED BY COVID-19 AFFECTING HOUSING AND THE ECONOMY. 7 7 0 0 0 0 5532256 242516222 0 0 22537 744741 0 0 5554793 243260963 0 191391992 0 0 0 0 0 0 0 5532256 51890508 5532256 243282500 22537 -21537 103088257 814979661 103065720 814978661 22537 1000 X THE CALIFORNIA HOUSING FINANCE AGENCY (CALHFA) CREATED THE CALHFA HOMEOWNER RELIEF CORPORATION (THE CORPORATION) ON APRIL 13, 2021, AS A CALIFORNIA NOT-FOR-PROFIT CORPORATION TO IMPLEMENT PROGRAMS USING $1.06 BILLION IN HOUSING ASSISTANCE FUNDS (HAF) FROM THE U.S. DEPARTMENT OF THE TREASURY, UNDER SECTION 3206 OF THE AMERICAN RESCUE PLAN ACT OF 2021 (ARPA). PROGRAMS ESTABLISHED UNDER HAF ARE FOR THE MITIGATION OF HOMEOWNERS' FINANCIAL HARDSHIPS ASSOCIATED WITH THE CORONAVIRUS PANDEMIC. 0 0 242516222 191391992 PROGRAMS ESTABLISHED UNDER HAF ARE FOR THE MITIGATION OF HOMEOWNERS' FINANCIAL HARDSHIPS ASSOCIATED WITH THE CORONAVIRUS PANDEMIC. 242516222 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 X OKSANA GLUSHCHENKO 9163268431 500 CAPITOL MALL 1400 SACREMENTO CA 95814 REBECCA FRANKLIN BOARD CHAIR 5.00 35.00 X X 0 148728 59796 JEE LEE BOARD MEMBER 5.00 0.00 X 0 0 0 MARY ANN SMITH BOARD MEMBER 5.00 0.00 X 0 0 0 DALILA SOTELO BOARD MEMBER 5.00 0.00 X 0 0 0 STEPHEN RUSSELL BOARD MEMBER 5.00 0.00 X 0 0 0 CLAIRE TAURIANEN BOARD MEMBER 5.00 0.00 X 0 0 0 FRANCESE MARTI BOARD MEMBER 5.00 0.00 X 0 0 0 ERWIN TAM CHIEF FINANCIAL OFFICER 5.00 35.00 X 0 144385 75658 JENNIFER LEBEOF VICE PRESIDENT 5.00 0.00 X 0 0 0 ANDREW ALFONSO SECRETARY 5.00 0.00 X 0 0 0 0 293113 135454 0 0 1 0 OUTREACH SOLUTIONS AS A SERVICE (OSAAS) 132 Q STREET 2ND FLOOR SACREMENTO CA 95811 HOUSING FUNDING 60600020 1 242516222 242516222 744741 744741 243260963 0 0 744741 11000000 11000000 180391992 180391992 34258520 34258520 57496 57496 9042923 9042923 7686350 7686350 814 814 766278 766278 29682 29682 CREDIT REPORT FEES 48445 48445 243282500 242516222 766278 0 61 1653319 102393306 662599761 724998 694890 1583 0 150000000 103088257 814979661 3048991 6771018 100016729 807441365 0 766278 103065720 814978661 X 22537 1000 22537 1000 103088257 814979661 -21537 0 X X 0 1 X 1 0 X X X 1 CALIFORNIA HOUSING FINANCE AGENCY 680181576 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LAIF-COVID RELIEF 75000000 LAIF-GENERAL 75000000 150000000 DUE TO FEDERAL GOVERNMENT 766278 766278 X 243260963 0 243260963 0 243260963 243282500 0 243282500 0 243282500 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE CORPORATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED CORPORATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE CORPORATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE CORPORATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. 0 SIERRA HEALTH FOUNDATION 1321 GARDEN HIGHWAY SACREMENTO CA 95833 680050036 501(C)(3) 5000000 0 INTERMEDIARY TO CONTRACT WITH A STATEWIDE NETWORK OF COMMUNITY BASED ORGANIZATIONS FOR MRP OUTREACH SERVICES STATE BAR OF CALIFORNIA 180 HOWARD STREET SAN FRANCISCO CA 94105 IRC SEC 115 6000000 0 FACILITATE COMPETITIVE GRANTS TO ITS STATEWIDE NETWORK OF LEGAL SERVICES ORGANIZATIONS MORTGAGE RELIEF PAYMENTS 5656 177619112 PROPERTY TAX RELIEF PAYMENTS 349 2772880 SCHEDULE I, PART III: ASSISTANCE TO HOMEOWNERS UP TO $80,000 IS AVAILABLE UNDER TWO PROGRAMS ADMINISTERED UNDER THE MAP (MORTGAGE ASSISTANCE PROGRAM) IN THE FORM OF MORTGAGE REINSTATEMENT. THE MRP (MORTGAGE RELIEF PROGRAM) IS A NON-RECOURSE GRANT DISBURSED DIRECTLY TO THE MORTGAGE SERVICER BASED ON THE AMOUNT QUOTED BY THE SERVICER TO BRING THE LOAN AND ESCROWS CURRENT. AS OF SEPTEMBER 30, 2022, $177.6 MILLION IN DISBURSEMENTS WERE MADE UNDER THE MRP. THE SECOND FORM OF ASSISTANCE UNDER MAP IS HOMEOWNERS WHO HAVE DELINQUENT PROPERTY TAXES AND MAY OR MAY NOT ALSO HAVE A DELINQUENT MORTGAGE. THE PROPERTY TAX (PT) PROGRAM PROVIDES UP TO $20,000 TO QUALIFIED HOMEOWNERS VIA PAYMENTS TO COUNTIES. THE MAXIMUM TOTAL ASSISTANCE TO HOMEOWNERS UNDER THE COMBINED PROGRAMS IS $80,000. AS OF SEPTEMBER 30, 2022, $2.8 MILLION IN DISBURSEMENTS WERE MADE UNDER THE PT PROGRAM. THE DISBURSEMENTS ARE NOT MADE DIRECTLY TO THE RECIPIENTS, BUT RATHER SENT TO THE LOAN SERVICERS AND COUNTIES WHO APPLY THE FUND TO THE HOMEOWNER'S MORTGAGE OR TAXES. 0 0 0 0 0 0 0 0 0 ERWIN TAM CHIEF FINANCIAL OFFICER 0 144385 0 0 0 0 0 0 0 75658 0 220043 0 0 REBECCA FRANKLIN BOARD CHAIR 0 148728 0 0 0 0 0 0 0 59796 0 208524 0 0 FORM 990, PART VI, SECTION A, LINE 3 CALHFA ENTERED INTO AN AGREEMENT WITH OUTREACH SOLUTIONS AS A SERVICE (OSAAS) ON MAY 17, 2021 FOR PROJECT MANAGEMENT AND ADMINISTRATION OF THE MAP UNDER THE MRP. THE SCOPE OF THE AGREEMENT INCLUDES THE CREATION, ADMINISTRATION, AND SUNSETTING OF A MAP TO DISTRIBUTE FEDERAL FUNDS TO CALIFORNIA HOMEOWNERS AFFECTED BY THE COVID-19 PANDEMIC. THIS AGREEMENT WAS ASSIGNED TO THE CORPORATION EFFECTIVE JULY 1, 2021. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY BOARD BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZING DOUCMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES IN AUDIT SELECTION OR OVERSIGHT DURING THE CURRENT FISCAL YEAR. CALIFORNIA HOUSING FINANCE AGENCY 500 CAPITOL MALL SUITE 1400 SACREMENTO CA 95814 680181576 HOUSING FINANCE CA 501(C)(1) 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 CALIFORNIA HOUSING FINANCE AGENCY C 242516222 BOOK CALIFORNIA HOUSING FINANCE AGENCY M 218192 FMV