In collaboration with Ojai Valley Library Friends & Foundation Housing Trust Fund Ventura County (Housing Trust Fund VC) donated a Lending Library bearing a message of inspiration, “Today a reader, tomorrow a leader,” to Mesa at a special ceremony on October 31st. The Ojai Valley Library Friends & Foundation (OVLFF) were a collaborating partner providing an assortment of books. The ceremony included remarks from Dan Parziale, Executive Director of Mesa; Linda Braunschweiger, Chief Executive Officer, Housing Trust Fund VC and Kris Humphries, OVLFF Board member. Visitors were also given a tour of the property where residents have built a community together. The Lending Library was installed at the entrance to Mesa to be accessible to the community and is now part of OVLFF’s network of Little Free Libraries, which aims to increase access to books and promote literacy across the Ojai Valley. This is the second Lending Library that Housing Trust Fund VC has shared with a community it has funded, believing that literacy as a vital part of building brighter futures for residents.
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Apply to join the Board of Directors by Monday, November 4, 2024 ~Ventura County, CA – Housing Trust Fund Ventura County (Housing Trust Fund VC) announces three open positions on its Board of Directors beginning in January 2025. Those with experience and knowledge in affordable housing, social equity, lending, money management, finance, and community advocacy are encouraged to apply. A full list of responsibilities is available here. To apply for a seat on the Board resumes or CVs should be sent to [email protected] no later than Monday, November 4, 2024.
Housing Trust Fund Ventura County (Housing Trust Fund VC) announces $3,085,000 in new funds received for the development of additional affordable homes in Ventura County at a time when the need for housing affordability continues to rise sharply. The funds come from two investments, $1.5 million each, from the Weingart Foundation and Mechanics Bank. Additionally, three grants totaling $85,000 have been received from U.S. Bank, Citizens Bank, and an anonymous donor. Housing Trust Fund VC will put these new funds to work as the organization continues its commitment to help increase affordable housing options throughout Ventura County by leveraging public-private partnerships to provide low-cost, flexible loans early in the housing development cycle.
Housing Trust Fund Ventura County (Housing Trust Fund VC) has received $1,250,000 in community investments from City National Bank and the McCune Foundation for its Everyone Deserves a Home Revolving Loan Fund. These Community Impact Note (CIN) investments represent the continued support of local organizations focused on solving affordable housing in Ventura County. City National Bank has renewed its CIN at $1,000,000, and the McCune Foundation has renewed at $250,000. Both investments come as five-year renewals. The funds will allow the Everyone Deserves a Home Revolving Loan Fund to provide below-market interest rate loans for developers of affordable housing in Ventura County.
Housing Trust Fund Ventura County (Housing Trust Fund VC) is proud to announce it was selected as a 2024 California Nonprofit of the Year by Assemblymember Steve Bennett of the 38th District. Housing Trust Fund Ventura County is one of more than one hundred nonprofits that were honored by their state senators and assembly members for their outstanding contributions to the communities they serve.
Housing Trust Fund Ventura County (Housing Trust Fund VC) has been awarded a $25,000 operating grant from Mechanics Bank in support of affordable housing in Ventura County. The new funds will be used to support new loan program development and operations as Housing Trust Fund VC continues to increase affordable housing options throughout Ventura County by leveraging public-private partnerships to provide low cost, flexible loans early in the housing development cycle. The grant is part of the Mechanics Bank Corporate Giving Program which aims to support community development financial institutions and nonprofit organizations that directly support low- to moderate-income individuals, families and communities.
Housing Trust Fund Ventura County (Housing Trust Fund VC) set another fundraising record at its 5th Annual Compassion Campaign for affordable housing in Ventura County. Supported in part by Keystone Sponsor HOPE (Housing Opportunities for People Everywhere), the Walnut Grove at Tierra Rejada Farms in Moorpark provided the perfect backdrop for this year’s theme, Unlocking Affordable Living – Reshaping Housing Solutions.
Housing Trust Fund Ventura County (Housing Trust Fund VC) announces $12,000,000 in loan commitments approved by its Board of Directors. Five million of the $12 million will be matched byCalifornia’s 2018 Prop. 1. The Valentine Road Apartments in Ventura, a Homekey development by the Housing Authority of the City of San Buenaventura, will receive a $5,000,000 construction loan. Two developments by Red Tail Multifamily Land Development, Citrus Flats in Santa Paula and Arrive Ventura in Ventura, will each receive a $1,000,000 pre-development loan. Many Mansions’ Aspire Apartments in Oxnard will receive a $5,000,000 construction loan. Together the developments will bring 492 new affordable homes to Ventura County.
5th Annual Compassion Campaign invites guests to reimagine the future of affordable housing4/9/2024 Housing Trust Fund Ventura County announced today that its 5th Annual Compassion Campaign will feature Mark Stivers, Director of Advocacy for the California Housing Partnership, a private nonprofit organization created by the State Legislature in 1988 to help provide housing that is sustainable and affordable for working families, homeless, veterans, seniors and disabled individuals. The event will be held at Walnut Grove at Tierra Rejada Farms in Moorpark on Thursday, May 9th, 5:00 p.m. to 8:00 p.m. For tickets and sponsorship opportunities click here. Housing Trust Fund Ventura County (Housing Trust Fund VC) welcomed community leaders to its Annual Meeting and “A Home for Education” symposium February 29th at the CSU Channel Islands (CSUCI) campus. The symposium was presented in collaboration with the County of Ventura, CSUCI, Ventura County Office of Education, Ventura County P-20 Council, and Housing Trust Fund VC to an audience of key decision makers in education, government, land use planning, and affordable housing development. The Annual Meeting highlighted accomplishments by Housing Trust Fund VC, including $27.5 million in funded or committed loans since 2013 and $40 million raised, resulting in 1,177 affordable apartments and homes committed, funded, and produced throughout Ventura County. The meeting also provided an opportunity for community members to provide comment about Housing Trust Fund VC’s products and service.
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November 2024
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