developments funded OR COMMITTED
Citrus Flats, Santa Paula
Red Tail Multifamily Land Development $1M predevelopment loan for a new multi-family housing community providing 166 affordable apartment homes consisting of 60 one-bedroom, 32 two-bedroom, 56 three-bedroom, and 18 four-bedroom units. Construction is scheduled to begin in November 2024. 
Valentine Road Apartments, Ventura
Housing Authority of the City of San Buenaventura $5M construction loan to convert the 142-room La Quinta Inn into 134 studio apartments with 40 of those dedicated to homeless individuals with disabilities. The community will also have a common area, community garden, dog run, sports court, on-site offices for supportive services, and a lobby with the capacity to host community events. The development is scheduled to be complete and obtain full occupancy by May 2025. College Community Courts, Ventura
People's Self-Help Housing (PSHHC) $1.5M predevelopment loan for a new multi-family housing community providing 15 one-bedroom, 27 two-bedroom and 15 three-bedroom units for a total of 57 affordable apartment homes. Resident-serving amenities include a large community room, computer lab, children’s space, management offices, and outdoor courtyards that feature comfortable seating, children’s play structures, and barbeque areas. Somis Ranch Apartments, Somis
AMCAL Multi-Housing, Inc. $2,500,000 predevelopment loan for 160 apartments serving our county's farmworker community. Development includes social gathering spaces, including a resident garden and computer room. On-site Social Service provider will be available for residents. Construction to begin in November 2022. 
Mesa, Ojai
MESA With a $2,506,749.25 acquisition loan and commitment for a $499,500 bridge loan for construction, this development will provide a housing and a wellness center for 13 TAY (Transition Age Youth). Light renovation of the main house will provide four bedrooms with 10 single occupancy tiny homes planned for the property. Resources will include a community building along with health & wellness, employment, and education programs. 
Fillmore Terrace, Fillmore
People's Self-Help Housing (PSHHC) The Fillmore Terrace development will provide 22 one-bedroom homes, 14 two-bedroom homes and 14 three-bedroom homes, totaling 50 affordable homes prioritizing working class individuals and families earning between 30% and 60% of Ventura County’s Area Median Income (AMI). 
Westview II Village, Ventura
Housing Authority of the City of San Buenaventura $3,225,000 construction loan commitment to fund in early 2022 - This project replaces the city’s oldest and largest public housing complex with four new development phases. Westview Village II will service the need for housing with 50 senior units, including five units specifically reserved for homeless seniors. Cypress Place at Garden City, Oxnard
People's Self-Help Housing $850,000 acquisition loan, August 2020 - The project provides 150 affordable residential units constructed in two phases with the Phase 1 consisting of 90 housing units and including a designated community center, learning center and outdoor recreational areas among other amenities. This property will serve family and farmworkers households earning 30% to 80% of Area Median Income (AMI). Central Terrace Apartments, Oxnard
Many Mansions $1,000,000 pre-construction loan, January 2020 - Located adjacent to the proposed Aspire Apartments in Downtown Oxnard, this complex features 86 residences for low-, very low-, and extremely low-income members of our community, including 35 apartments for homeless and/or disabled individuals. Amenities include a community room with kitchenette and offices to support social services, as well as an interior courtyard with picnic areas. Mountain View Apartments, Fillmore
Many Mansions/Area Housing Authority of the County of Ventura $1,262,892 acquisition loan, July 2019 - Centrally located near downtown Fillmore at 210-220 Santa Clara Street, these apartments will provide 77 one-, two-, and three-bedroom housing units for between 125-140 very low-income individuals and/or families. The development will be designed in an agrarian Craftsman-style architecture inspired by Fillmore’s unique history, enhancing the neighborhood with charming buildings that create a pedestrian-friendly environment. The community will offer an abundance of open space, common courtyards, and recreational opportunities. Willett Ranch, Ventura
Housing Authority of the City of San Buenaventura $1,400,000 pre-development loan, July 2019 – Part of the new Solana Heights residential community, this new construction development will result in 50, one- and two-bedroom apartments for 75-80 extremely low-income seniors. Fifteen of the apartments will be designated as permanent supportive housing for homeless households. When complete, the community will offer on-site supportive services, such as community gardening and meals, as well as targeted workshops and classes attractive to seniors. Construction began in November 2019. 
Citricos de Santa Paula, Santa Paula
City of Santa Paula Housing Authority March 2018 - Eleven new one-bedroom apartments for low-income seniors. HTFVC provided a $300,000 construction loan. Oakwood Court, Santa Paula
City of Santa Paula Housing Authority March 2016 – 8 new homes for low income seniors. |
Arrive Ventura, Ventura
Red Tail Multifamily Land Development $1M predevelopment loan for a new multi-family housing community providing 104 affordable apartment homes consisting of 26 one-bedroom, 35 two-bedroom, 32 three-bedroom, and 11 four-bedroom units. Construction is scheduled to begin in May 2027. Ventura Springs, Ventura
A Community of Friends (ACOF) $800,000 predevelopment new construction loan for combined multi-family, single family and services for veterans and their families. Rancho Sierra Senior Apartments, Unincorporated VC
Many Mansions & Area Housing Authority of the County of Ventura $4,430,975 pre-development construction loan (Committed Oct. 2021. Funded in April 2022) provided with support from the State of California Department of Housing and Community Development's Prop. 1 LHTF matching program. The project provides 49 affordable housing units for low-income seniors of which 24 will be designated specifically for homeless, chronically homeless, or at-risk homeless families with a mental disability. Services for residents will include health screenings, library services, transportation assistance, peer counseling, and other community-needed services. Rancho Sierra Senior Apartments looks to welcome residents by March 2024. RESIDENT APPLICATIONS NOW BEING ACCEPTED! 
The Oxnard Navigation Center at Casa de Carmen, Oxnard
Community Development Partners $800,000 pre-development loan, July 2021- The project provides 55 affordable housing units targeting the homeless community in Oxnard. The center will be constructed on the first land donated by the City of Oxnard to HTFVC, and will be transferred to the Land Trust Fund. Aspire Apartments, Oxnard
Many Mansions $1.1M acquisition loan + $250,000 pre-development loan + $5M construction loan, for a total of $6,350,000 in financial support. Similar to the neighboring Central Terrace Apartments in Downtown Oxnard, this complex serves the same population with 88 residences while also providing amenities for community gathering and social services support. Additionally, Oxnard Development Commission Successor Agency has partnered in this project to acquire and develop a pocket park that will be accessible to the public. Barry Street, Camarillo
City of Camarillo/Habitat for Humanity of Ventura County $300,000 construction loan – In partnership with the City of Camarillo, Habitat for Humanity of Ventura County built and sold two affordable housing units. Each unit is 3 bedrooms, 1.75 baths and approximately 1,600 sq ft with a two-car garage. The craftsman style homes include accommodations for flexible family size and multi-generational families with a bedroom and bathroom on the main floor. Two families were selected and helped build their new homes. Housing Trust Fund Ventura County provided partial funding of $300,000. El Portal Mixed-Use Property, Ventura
Triad Properties/Housing Authority of the City of San Buenaventura $700,000 construction loan, July 2019 - Located at 1238-1288 North Ventura Avenue, this two-story building constructed in 1929 fell into disrepair before being purchased with plans to reconfigure 33 current living spaces, storage and commercial space into 28 to 30 more suitable apartments for homeless individuals, those with special needs, and very low-income adults. It is estimated that 28-38 individuals will become residents of El Portal, which is set to begin reconstruction after all health and safety standards are brought up to code. First & Hayes, La Colonia, Oxnard
Habitat for Humanity December 2018 - Six single-family, for-sale homes for low income families. HTFVC provided $500,000 in construction loan. Walnut Street Apartments, Moorpark
Area Housing Authority & Many Mansions September 2018 - New 24-unit complex with up to 3-bedrooms for very-low income families. HTFVC provided 3 loans totaling $1,625,000. Camino Esperanza, Simi Valley
Cabrillo Economic Development Corp March 2017 – 30 one-bedroom apartments for low-income and disabled seniors. photos courtesy of: Di Cecco Architecture, Inc. Citrus Grove Apartments, Santa Paula
City of Santa Paula Housing Authority October 2014 – Six beautiful homes for low-income seniors. Vince Street Veterans Transitional Home, Ventura
Turning Point Foundation August 2015 – 10 SROs for Homeless Veterans with on-site support services. 
Castillo del Sol, Ventura
Housing Authority of the City of San Buenaventura February 2016 – 39 apartments for extremely low-income persons with special needs, including on-site support services. |
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