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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.
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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.
 Those interested in working to identify unique and innovative affordable housing solutions in Ventura County, are invited to provide input during Housing Trust Fund Ventura County’s Annual Meeting. During the meeting the nonprofit will present a 2023 year in review and its current programs and services, along with “A Home for Education: Housing solutions on educational properties,” on Thursday, February 29, 2024, from 8:30 a.m. to 1:00 p.m. at the Grand Salon at California State University Channel Islands. “A Home for Education," is a collaborative symposium presented by Housing Trust Fund Ventura County, County of Ventura, CSU Channel Islands, Ventura County Office of Education, and Ventura County P-20 Council to bring together the education and affordable housing communities to discuss opportunities to develop affordable housing for educators on educational properties. Register free at https://AHomeForEducation.eventbrite.com.
Housing Trust Fund Ventura County announces $88,000 in funding for affordable housing lending1/10/2024 Housing Trust Fund Ventura County (Housing Trust Fund VC) begins 2024 by announcing $88,000 in new funds for the development of affordable housing in Ventura County. The funds come in the form of $85,000 in grants from U.S. Bank, First Citizen’s Bank and PennyMac Financial Services as well as $3,000 in year-end contributions from private donors. The amount will be applied toward the increased need for affordable housing funding as the staggering need for housing continues to grow.
Housing Trust Fund Ventura County (Housing Trust Fund VC) has been awarded $5,000,000 from the Southern California Association of Governments’ (SCAG) as part of the Regional Early Action Planning (REAP) 2.0 Lasting Affordability program. The funding will support the creation of the Housing Trust Fund Ventura County’s Revolving Long-Term Loan Program for Infill Affordable Housing Developments Project. This project will establish a long-term loan program and will increase the lending capacities of Housing Trust Fund VC. In addition, this grant will provide resources to Housing Land Trust Ventura County (Housing Land Trust VC) to create policies and procedures which will advance Housing Land Trust VC to attract additional capital and land donations. The anticipated outcomes from the new fund include 656 affordable housing units in Ventura County by 2031.
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Camarillo, CA 93010 (805) 384-1144 501 c3 #45-3191747 |