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Car Housing Affordability Fund

SACRAMENTO, CA EIN: 91-2157935 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$998K

+30.4% YoY

Annual Giving

$1.1M

-11.8% YoY

Grant Count

3

-50.0% YoY

Avg Grant Size

$360K

+76.3% YoY

About Car Housing Affordability Fund

Based on IRS filings

Car Housing Affordability Fund is a nonprofit organization focused on Housing & Shelter, based in SACRAMENTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $998K in total assets. In 2024, it awarded 3 grants totaling $1.1M. Net investment income was $29K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Angels CampAntiochBakersfieldBerkeleyChula VistaCoronaFairfieldGrass ValleyLodiLos AngelesMantecaMorro BayPalm DesertRancho CucamongaRichmondSan JoseSonoraThousand OaksVallejoVan Nuys

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$420K$839K$1M$2M20202021202220232024
Metric202420232022
Total Assets$998,249$765,533$1,619,380
Revenue$1,409,548$420,324$490,129
Expenses$1,206,548$1,349,763$1,305,283
Qualifying Distributions
Net Investment Income$28,898$-13,985$51,874
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$306K$613K$919K$1M7 grants20205 grants20216 grants20226 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

NEIGHBORHOOD PARTNERSHIP…$1.0MSANTA CLARA COUNTY AOR$50KSAN LUIS OBISPO AOR$30K

Grant Size Distribution

27 grants across all recorded years

5<$50K17$50–100K$100–250K3$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Neighborhood Partnership Housing Service ($1,000,000), Santa Clara County Aor ($50,000), San Luis Obispo Aor ($30,000).

RecipientPurposeAmount
SAN LUIS OBISPO AOR MORRO BAY, CAFIRST TIME HOME BUYER GRANT PROGRAM" OFFERS $3,000 GRANTS TO (20) FIRST-TIME HOME BUYERS WHO ARE PURCHASING PROPERTY IN SAN LUIS OBISPO COASTAL COUNTY.$30,000
SANTA CLARA COUNTY AOR SAN JOSE, CAFIRST TIME BUYERS DOWN PAYMENT ASSISTANCE PROGRAM FOR THE UNDERSERVED COMMUNITY TO ASSIST (10) HOUSEHOLDS WITH UP TO $10,000 IN DOWN PAYMENT ASSISTANCE FUNDS.$50,000
NEIGHBORHOOD PARTNERSHIP HOUSING SERVICE RANCHO CUCAMONGA, CAHELPS FIRST-TIME HOMEBUYERS WHO ARE MEMBERS OF AN "UNDERSERVED COMMUNITY*" BRIDGE THE AFFORDABILITY GAP BY PROVIDING THEM WITH UP TO $10,000 IN CLOSING COST ASSISTANCE. EACH GRANT IS PROVIDED TO LOW-TO-MODERATE INCOME (120% AMI AND BELOW) FIRST-TIME HOMEBUYERS WHO UTILIZE THE SERVICES OF A CA REALTOR.$1,000,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FRANK OTICHAIR2.5
DITAS YAMANEVICE CHAIR2.5
VICTORIA COPELANDVICE CHAIR2.5
SHAUNA LOVEASSN. EXEC. (VOTING)2.5
NILA ALVIDREZ-ESPOSITOMEMBER2.5
KEVIN BIRMINGHAMMEMBER2.5
ARLENE BYERLYMEMBER2.5
DERIK DAMIMEMBER2.5
MICHAEL DELEONMEMBER2.5
NATALIE GARRICKMEMBER2.5
SHER HEARDMEMBER2.5
CAROL M LUCKENBACHMEMBER2.5
SUSAN MARSHALLMEMBER2.5
TAFFY MAURERMEMBER2.5
TERESA MOLINAMEMBER2.5
JANINE NIELSENMEMBER2.5
DAVID SCHUBBMEMBER2.5
LEHEL SZUCSMEMBER2.5
IQBAL BHOLATTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Car Housing Affordability Fund?

Car Housing Affordability Fund is a nonprofit organization focused on Housing & Shelter, based in SACRAMENTO, CA. It holds $998K in total assets as of 2024.

How large is Car Housing Affordability Fund?

As of 2024, Car Housing Affordability Fund holds $998K in total assets with $1.4M in annual revenue. It awarded 3 grants totaling $1.1M in 2024.

Where does Car Housing Affordability Fund operate?

Car Housing Affordability Fund has awarded grants in California.

What size grants does Car Housing Affordability Fund award?

In 2024, Car Housing Affordability Fund awarded 3 grants totaling $1.1M — an average of about $360K per grant, based on its IRS Form 990 filings.

What is Car Housing Affordability Fund's EIN?

Car Housing Affordability Fund's EIN (Employer Identification Number) is 91-2157935. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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