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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 VC has provided low-cost loans to developers building affordable housing in Ventura County for more than 10 years. As of June 2024, Housing Trust Fund VC has committed to investing over $40 million through its Revolving Loan Fund, resulting in 1,669 built and committed affordable apartments and homes for low to extremely-low income veterans, seniors, farmworkers, transitional age foster youth, and those experiencing or at risk of experiencing homelessness. “We are honored to be recognized for our contributions to Ventura County and excited to continue to make an impact,” said Linda Braunschweiger, CEO of Housing Trust Fund Ventura County. “Leveraging private contributions to create opportunities for the people of Ventura County is a passion and responsibility, one that we are invested in, because we believe that everyone deserves a home.” “Nonprofit organizations touch the lives of millions of Californians in ways that can often go unrecognized. From the childcare program to the soccer team, from the art class to the health clinic, and from the community organizer to the animal shelter – nonprofits improve the lives of all Californians and make our communities stronger,” said Geoff Green, CEO of the California Association of Nonprofits (CalNonprofits), a partner for this initiative. “Nonprofits are also a key economic driver in our state, accounting for 1 in 14 jobs. It’s important to recognize all they do.”
According to “Causes Count,” a 2019 report commissioned by CalNonprofits, the nonprofit sector is the 4th largest industry in the state, employing more than 1.2 million people. Each year, California nonprofits generate more than $273 billion in revenue and bring in $40 billion in revenue from outside of California. The unpaid labor contributed by volunteers at nonprofits is equivalent to 330,000 full-time jobs every year. Now in its ninth year, the Californian Nonprofit of the Year initiative provides the opportunity for each California state legislator to recognize a nonprofit organization doing outstanding work in their district. The program culminates with a celebratory luncheon at the Capitol on California Nonprofits Day, which this year was June 5. The program was sponsored by the CalNonprofits in partnership with the state Senate and Assembly Select Committees on the Nonprofit Sector. CalNonprofits, the leading policy voice for California’s nonprofit sector, focuses on advocacy, education, and research to build a more powerful and politically engaged nonprofit network across the state.
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November 2024
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