California Housing Finance Agency Reporting Wins Award for Excellence

The Government Finance Officers Association of the United States and
Canada has awarded its highest form of recognition to the California
Housing Finance Agency (CalHFA).

The Certificate of Achievement for Excellence in Financial Reporting was
awarded to CalHFA in recognition of its first-ever submission for a
Comprehensive Annual Financial Report, laying out CalHFA’s financial
status in rigorous, yet accessible, detail.

“I’m very pleased that our attention to detail and emphasis on accuracy
was recognized by GFOA,” said Don Cavier, Chief Deputy Director of
CalHFA. “Transparency and accountability are high priorities for us, and
we’re always glad to have more ways to show the public our commitment to
these priorities.”

The Comprehensive Annual Financial Report was judged by an impartial
panel to meet the high standards of the program, which includes
demonstration of a constructive “spirit of full disclosure” to clearly
communicate its financial story and motivate potential users and groups
to read the report.

You can read the Comprehensive Annual Financial Report and other CalHFA
documents on its
website.

The California Housing Finance Agency was created in 1975 with the
goal of helping more Californians find a place to call home. CalHFA is a
self-supporting state agency that doesn’t rely on taxpayer dollars. For
more information on CalHFA programs, and how we are creating progressive
financing solutions for affordable housing in California, visit www.calhfa.ca.gov
or call toll free at 877.9.CalHFA (877.922.5432).

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