The California Housing Finance Agency (CHFA) is a state agency that helps residents of California achieve homeownership and affordable housing. It provides financial assistance through various programs, including low-interest loans and down payment assistance, primarily aimed at first-time homebuyers and low-to-moderate-income families. CHFA also works to support the development of affordable rental housing across the state. By partnering with local governments and private developers, the agency helps finance projects that create safe and affordable living spaces for Californians, contributing to the overall goal of increasing housing availability in the state.