![]() Housing Trust Fund Ventura County (Housing Trust Fund VC) announces the approval of an acquisition loan for $1,500,000 to support the development of Topa Vista Villas in Santa Paula. This loan was made possible by funds contributed by the CDFI Equitable Recovery Program ($757,000), and Community Impact Notes in the amounts of $259,000 from Montecito Bank & Trust, $243,251 from Community West Bank, and $240,749 in returned revenue, funds that have returned to the revolving loan fund. This loan will be combined with $3,000,000 in funding from Century Housing for a combined $4,500,000 to launch this multifamily affordable housing development. The Topa Vista Villas development will provide 111 units of affordable housing with over a third of the units being allocated for formerly unhoused individuals. The development is a collaboration between Homes & Hope, Cabrillo Economic Development Corporation (CEDC), and the Santa Paula Housing Authority (SPHA). Homes & Hope will serve as the Administrative General Partner, CEDC will oversee property management, and SPHA will provide support for long-term affordability.
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Housing Trust Fund Ventura County (Housing Trust Fund VC) announces the approval of two loans for a combined $6,726,038 to create 118 new affordable housing units in Ventura County with two new developments, the Casa Aliento Apartments and Camino De Salud. Community Development Partners will be the recipient of a $1,726,038 bridge loan for 69 affordable units located in Central Oxnard called Casa Aliento Apartments. Cabrillo Economic Development Corporation will receive a $5,000,000 construction loan for the development of 49 affordable units in Unincorporated Ventura County for Camino De Salud. Developments will prioritize individuals who are vulnerable due to the COVID-19 public health crisis, persons living with mental disabilities, and those who are deemed a "high-cost health user”.
![]() Housing Trust Fund Ventura County (Housing Trust Fund VC) welcomed a full room of community leaders to its Annual Meeting on February 27th at the Westview II Community Room in Ventura. The event highlighted key milestones, including a $58 million pipeline to fund affordable housing and $44.2 million raised since 2013, resulting in 1,780 affordable apartments and homes committed, funded, and produced throughout Ventura County. Attendees had the opportunity to provide feedback and ask questions regarding Housing Trust Fund VC’s products and services while gaining insights into the organization’s impact. The organization also debuted its 2024 Annual Report. Can philanthropy be fiscally favorable? That’s the question Housing Trust Fund Ventura County (Housing Trust Fund VC) will pose to four impact investing experts during its Annual Public Meeting on Thursday, February 27th, 9:00 a.m. to 11:00 a.m. in the community room at Westview II, 247 West Warner Street, Ventura. Panelists Danielle Borja, Julie Mahowald, Barry Peterson, and Kevin Schuster will discuss strategies to leverage funds for impactful investments and explore how community organizations can engage in profitable philanthropy. Register to attend this free public meeting HERE.
Housing Trust Fund Ventura County (Housing Trust Fund VC) proudly welcomes five distinguished community leaders to its Board of Directors in 2025. The new class of directors includes Elsa Brown, Maruja Clensay, Garry Collett, Angel Garcia, and Sean Morreale. These new additions bring a wealth of expertise in finance, government affairs, housing development, and real estate investment, helping to further position Housing Trust Fund VC as a leader in addressing the area’s affordable housing crisis. Their expertise and dedication will support Housing Trust Fund VC as the organization continues to drive forward its mission to increase affordable housing options throughout Ventura County. Housing Trust Fund VC extends its utmost appreciation to outgoing Board members—Marni Brook, Jennie Buckingham, Carrick DeHart, and Emilio Ramirez—for their dedicated service and unwavering commitment to advancing housing affordability. Their leadership and contributions have made a lasting impact.
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