In November, 2002, California REALTORS® unveiled the Housing Affordability Fund, a non-profit 501(c)(3) dedicated to addressing California’s growing housing affordability crisis. In the midst of skyrocketing housing costs, REALTORS® were bearing witness to more working families getting pushed away from the American dream of homeownership. The Housing Affordability Fund was established to provide more options for first time homebuyers’ entry into homeownership.

Mission Statement
The CALIFORNIA ASSOCIATION OF REALTORS® Housing Affordability Fund plays an active role in addressing the ongoing housing affordability crisis facing our state. The fund will raise and distribute funds and partner with other groups to promote housing and homeownership and address all housing opportunities locally and statewide.

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  C.A.R.H.A.F Mortgage Protection Program
  As of April 2, 2009 the Housing Affordability Fund has launched a new program designed to provide peace of mind to first-time buyers who are hesitant to enter the housing market due to concerns about potential job loss, and subsequently being unable to meet their monthly mortgage obligations. Learn more.
  
  
  UPCOMING EVENTS: 
  C.A.R.’s Housing Affordability Fund is able to fund programs that help REALTORS® clients through your generous support. REALTORS® can contribute and support the Housing Affordability Fund by making a tax deductible contribution at the time you pay your dues, getting your H.A.F. Key to California Homeownership Pin or participating in one of our upcoming fundraising events.
  
  HAF DONORS:
  Due to the generous support of our donors, we continue to develop programs that help working families achieve their dreams of homeownership.
  
  
  Key to California Homeownership:
  The CALIFORNIA ASSOCIATION OF REALTORS® Housing Affordability Fund (H.A.F.) is a charitable tax-exempt entity under both federal and state law. The entire amount (100%) of your contribution may be deducted as a charitable contribution under both federal and state law. Make A Tax Deductible Charitable Contribution. Make a contribution and get your Key to California Homeownership to show your clients that you care about helping them achieve the American Dream.
  
  
  Housing Affordability Fund Success Stories
  The CALIFORNIA ASSOCIATION OF REALTORS® Housing Affordability Fund (H.A.F.) receives donations from members, non-members, and other institutions that are committed to addressing the housing problem in California. It distributes these resources through Local Associations who have submitted funding requests for local programs that address housing affordability and housing supply directly. In order to have the maximum impact, it seeks to leverage its funds with Local Associations and their housing partners.
  
  Our Progress Snapshot will give you a summary of some of the programs the Housing Affordability Fund has supported.