Overview
What is Calhfa Homeowner Relief Corporation?
The Calhfa Homeowner Relief Corporation is a California-based not-for-profit organization established on April 13, 2021, by the California Housing Finance Agency (CALHFA). With a mission to alleviate the financial hardships of certain California homeowners, the Corporation aims to provide various forms of assistance to homeowners at risk of foreclosure due to adverse conditions created by the COVID-19 pandemic. Leveraging $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, the organization implements programs to help mitigate homeowners' financial struggles associated with the coronavirus pandemic.
Official website here: www.camortgagerelief.org
Is Calhfa Homeowner Relief Corporation legitimate?
Calhfa Homeowner Relief Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calhfa Homeowner Relief Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.camortgagerelief.org
What is the mission statement of Calhfa Homeowner Relief Corporation?
The Calhfa Homeowner Relief Corporation was established as a California not-for-profit corporation by the California Housing Finance Agency (CalHFA) on April 13, 2021, with a goal to administer programs using $1.06 billion in housing assistance funds from the U.S. Department of the Treasury under Section 3206 of the American Rescue Plan Act of 2021. The corporation's mission is to provide various forms of assistance to homeowners in California who are at risk of foreclosure due to financial hardships caused by the coronavirus pandemic. These programs aim to mitigate the homeowners' financial struggles during these challenging times, helping them keep their homes and weather the economic impacts of the crisis.
Official website here: www.camortgagerelief.org
Who is the CEO of Calhfa Homeowner Relief Corporation?
Mr Erwin Tam is the Board Chair of Calhfa Homeowner Relief Corporation.
Official website here: www.camortgagerelief.org
What is the revenue of Calhfa Homeowner Relief Corporation?
Calhfa Homeowner Relief Corporation's revenue in 2022 was $243,260,963.
Official website here: www.camortgagerelief.org
Who are the executives of Calhfa Homeowner Relief Corporation and what are their salaries?
- Erwin Tam (Chief Financial Officer)
- Rebecca Franklin (Board Chair) [Trustee/Director]
- Jee Lee (Board Member) [Trustee/Director]
- Mary Ann Smith (Board Member) [Trustee/Director]
- Dalila Sotelo (Board Member) [Trustee/Director]
- Stephen Russell (Board Member) [Trustee/Director]
- Claire Taurianen (Board Member) [Trustee/Director]
- Francese Marti (Board Member) [Trustee/Director]
- Jennifer Lebeof (Vice President)
- Andrew Alfonso (Secretary)
Official website here: www.camortgagerelief.org
Where can I find the form 990 for Calhfa Homeowner Relief Corporation?
The Calhfa Homeowner Relief Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.camortgagerelief.org
Learn more at the official website: www.camortgagerelief.org
Mission Statement of Calhfa Homeowner Relief Corporation
Calhfa Homeowner Relief Corporation, established on April 13, 2021, is a California not-for-profit corporation brought to life by the California Housing Finance Agency (CalHFA). Its primary mission is to administer the California Mortgage Relief Program using a $1.06 billion grant from the U.S. Department of the Treasury under Section 3206 of the American Rescue Plan Act of 2021 (ARPA).
The Corporation's objective is to provide various forms of assistance to specific California homeowners at risk of foreclosure due to adverse conditions created by the COVID-19 pandemic. These programs, funded under the Housing Assistance Funds (HAF), are designed to mitigate homeowners' financial hardships resulting from the coronavirus pandemic. By implementing these programs, Calhfa Homeowner Relief Corporation aims to help California homeowners weather the economic storm and keep their homes.
In essence, Calhfa Homeowner Relief Corporation serves as a beacon of hope for homeowners facing financial struggles due to the pandemic. By utilizing the grant from the U.S. Department of the Treasury, the organization strives to alleviate the burden of financial hardship and ensure that homeowners can continue to provide shelter and stability for their families. Calhfa Homeowner Relief Corporation's tireless efforts in implementing these programs will undoubtedly make a significant difference in the lives of countless California homeowners.
Impact
This information is meant to be a general summary of Calhfa Homeowner Relief Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Calhfa Homeowner Relief Corporation's impact lies in administering the California Mortgage Relief Program to provide 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. The programs established under this organization aim to mitigate homeowners' financial hardships associated with the coronavirus pandemic by utilizing $1.06 billion in housing assistance funds from the U.S. Department of the Treasury under the American Rescue Plan Act of 2021.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2021
Phone
(916) 326-8653
Principal Officer
Mr Erwin Tam
Main Address
500 CAPITOL MALL 1400, SACREMENTO, CA, 95814
Website
www.camortgagerelief.org
NTEE Category
Code: L80 - Housing
If you are a representative of Calhfa Homeowner Relief Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.