California Housing Finance Agency Board Appoints Katherine McFadden as Director of Multifamily Programs

McFadden joins CalHFA as it looks to expand its affordable housing finance offerings

SACRAMENTO, Calif.--(BUSINESS WIRE)--The California Housing Finance Agency is pleased to announce that its Board of Directors has appointed Katherine McFadden to serve as CalHFA’s Director of Multifamily Programs.

She takes over the important leadership position at a time when the Agency is looking to broaden its affordable housing reach, even as it has already provided $3.4 billion in financing over the past two fiscal years.

McFadden comes to CalHFA after spending more than six years at Jamboree Housing Corporation, one of the leading nonprofit affordable housing developers in California, where she served as Vice President over Northern California. McFadden brings more than three decades of experience in real estate development, housing finance and supportive services, including senior roles at Domus Development, the Tenderloin Neighborhood Development Corporation and USA Properties Fund. She also served in local government at the Sacramento Housing and Redevelopment Agency (SHRA) and previously consulted for CalHFA in 2014 and 2015.

“Katherine has a perfect mix of experience to lead our Multifamily Division,” said CalHFA Executive Director Tony Sertich. “She knows how to create partnerships from the government agency perspective but also brings first-hand knowledge of the needs of the affordable housing development community just as CalHFA is positioning itself to fill more of those needs.”

McFadden will start at CalHFA in early 2026.

“I’m excited to join CalHFA at this pivotal time for the organization and for affordable housing in California,” McFadden said. “I look forward to fostering growth at CalHFA and working alongside all of our state partners on the launch of the California Housing and Homelessness Agency, and this new era for affordable housing in our state.”

The California Housing Finance Agency was created in 1975 with the goal of helping more Californians find a place to call home. CalHFA has helped more than 233,000 low- and moderate-income homebuyers with $43.5 billion in first mortgages and used $12.8 billion in financing for the construction and preservation of more than 85,000 rental housing units throughout the state. CalHFA is a self-supported state agency that doesn't rely on taxpayer dollars for its operational costs but is currently administering various state and federal resources on behalf of the state through targeted programs. For more information on CalHFA programs, and how we are investing in diverse California communities, visit www.calhfa.ca.gov or call toll free at 877.9.CalHFA (877.922.5432).