Cal FHA, also known as the California Housing Finance Agency, is a state agency that provides a range of housing finance programs and services to residents of California. The agency, which was established in 1975, is the largest provider of mortgage financing in California and is a key source of funding for first-time homebuyers, low-income households, and other underserved populations.

One of the key programs offered by Cal FHA is the CalHFA first-time homebuyer program. This program, which is funded by the state of California and the federal government, provides a range of financing options, including low-interest rate mortgages, down payment assistance, and other resources, to help first-time homebuyers achieve their homeownership goals.