Veterans Housing and Homelessness Prevention Program (VHHP)
The VHHP provides long-term, low-interest loans to create or preserve affordable multifamily housing with supportive services for extremely low-income veterans and their families in California.
Funder: California Department of Housing & Community Development
Due Dates (Anticipated): February 2027 (Application submission deadline, projected)
Funding Amounts: Long-term loans; typical awards often range from several million up to $40M+ per project; total program authority is $600M.
Summary: Provides long-term loans to acquire, construct, rehabilitate, and preserve affordable multifamily housing for veterans and their families in California.
Key Information: This opportunity is forecasted; all dates and details are subject to change.
Description
The Veterans Housing and Homelessness Prevention Program (VHHP) is a California state initiative providing long-term, low-interest loans for the development, acquisition, rehabilitation, or preservation of affordable multifamily rental housing specifically for veterans and their families. The program focuses on supporting extremely low-income veteran households and supportive housing units, aiming to increase housing stability and reduce homelessness among California veterans. VHHP is administered by the California Department of Housing & Community Development in collaboration with the California Housing Finance Agency and CalVet.
