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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.
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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.
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July 2024
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OUR HOusing Trust Fund Ventura County SPONSORS
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