Tag: Affordable housing

Housing Trust Fund Ventura County announces $1,500,000 Line of Credit investment from Montecito Bank & Trust in support of affordable housing

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VENTURA COUNTY — Housing Trust Fund Ventura County (Housing Trust Fund VC) announces a $1,500,000 CRA line of credit from Montecito Bank & Trust. The EQ2 (equity equivalent investment) product being leveraged for this Community Reinvestment Act (CRA) line of credit is a long-term loan that allows community development financial institutions (CDFIs), like Housing Trust Fund Ventura County, to strengthen their capital structures and leverage additional debt capital resulting in the ability for increased lending and investing in economically disadvantaged communities, in this case through the development of affordable housing for seniors, farmworkers, the homeless, transitional age foster youth, and low-, very-low, and extremely-low income individuals and families in communities throughout Ventura County.

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Housing Trust Fund Ventura receives $518,000 in support of affordable housing; funds over $4M for Rancho Sierra Senior Apartments near Camarillo

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Housing Trust Fund Ventura County is committed to funding the development of safe and equitable homes that make a positive impact in the trajectory of people’s lives. In support of that effort, the nonprofit recently received $18,000 from a combined two operating grants from Citizens Business Bank and the Bank of Sierra and a $500,000 investment from US Bank into its Everyone Deserves a Home Community Impact Note. Funding such as this is pooled with other supportive funding sources to ensure developments like the Rancho Sierra Senior Apartments (Rancho Sierra) are built to foster positive change for individuals and families who face housing insecurity. 

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Bilingual report — County Board of Supervisors supports the creation of more than 235 affordable housing units filling critical gap in housing needs for the most vulnerable and expanding behavioral health support

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On December 14, the County Board of Supervisors approved actions that support the creation of more than 235 units of new affordable, permanent supportive housing and transitional housing. “Homelessness and mental illness are our two most pressing social issues, and so I’m delighted  that our last board meeting of 2021 capped a year of stepping up to provide shelter and affordable housing and services to these vulnerable populations,” said Chair of the Board Linda Parks.

The projects support those experiencing homelessness, at risk of becoming homeless, transition aged youth (age 18-24) and seniors. The Board also supported the expansion of Behavioral Health Mobile Crisis Care Units and the development of a Transitional Age Youth Rapid Response Team to provide mental health support services throughout the County.

“There is a critical need for housing in our communities. The Board action is a huge step in helping to fill that gap,” said County Executive Officer Mike Powers. “In addition to housing, these community members will have access to supportive services to help meet their needs.”

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Housing Authority of the City of Santa Barbara Plans 30 New Affordable Units on Cota Street For Those Experiencing Homelessness

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A May 14, 2020 article in the Los Angeles Times reports that “With the coronavirus-induced shock to the economy crippling businesses of all sizes and leaving millions of Americans out of work, homelessness in the United States could grow as much as 45% in a year.” The data trend, which comes from research conducted by Dr. Brendan O’Flaherty, a professor of economics at Columbia University, is mirrored in our community. According to the most recent Point-in-Time count completed in January 2020, the study found 1,897 homeless residents countywide, with 914 (48%) living in the City of Santa Barbara. The chronically homeless in the county rose from 423 to 614, a 45% increase. While the nation continues to grapple with adequately addressing this issue, the Housing Authority of the City of Santa Barbara (HACSB) is moving forward with plans to build new housing specifically to address the needs of homeless individuals.

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Peoples Self Help Housing — Join us as we build stronger communities, together

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Dear Friend,
The past weeks have been difficult for so many reasons. COVID-19 continues to disrupt daily life and the justified civil unrest around our country has left our communities searching for solutions. We are committed to building inclusive neighborhoods where everyone is welcome and everyone thrives, and we stand united with all those promoting peaceful pathways to social justice.

Being part of the NeighborWorks America network, an affiliation of nearly 250 nonprofit organizations across the country, helps us creates opportunities for people to improve lives and strengthen their communities. Each year in June, we take a week to celebrate the achievements of the network and highlight the power of safe and stable housing.

This unprecedented year of 2020 sees us “Building Together’ and asking our community to submit their thoughts on “What Home Means to Me”. You can share and enjoy those inspiring thoughts at pshhc.org/buildingtogether.

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Housing Trust Fund Ventura County announces funding for three new affordable housing projects in Ventura and Fillmore

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Also receives $125,000 grant from the U.S. Department of the Treasury VENTURA COUNTY — Housing Trust Fund Ventura County (HTF Ventura County) is helping to successfully change the landscape of Ventura County’s affordable housing market. Its three newest funding projects would…

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Sept. 21 — Ventura County Housing Trust to present ‘Housing Our Agricultural Workforce’ fundraiser

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CAMARILLO — Non-profit affordable housing partner, Ventura County Housing Trust Fund, announces their annual fundraising event on September 21st, 5-9 pm at the Camarillo Ranch. This year’s focus is on Housing Our Agricultural Workforce. The event includes farm-to-table dinner by…

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Rep. Carbajal Tours Affordable Housing with Housing Authority as Federal Cuts Loom

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SANTA BARBARA – With federal funding for affordable housing facing deep cuts, the Housing Authority of the City of Santa Barbara (HACSB) recently gave 24th District Rep. Salud Carbajal a tour of key housing properties, programs and an overview of…

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Peoples’ Self-Help Housing Welcomes New Project Manager

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Peoples’ Self-Help Housing (PSHH) has hired Toby Seiler as Project Manager to its Multi-Family Housing Development (MHD) Department, announced PSHH President & CEO John Fowler Working out of PSHH’s San Luis Obispo headquarters, Seiler will be responsible for project management…

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Santa Barbara: Housing Authority opens new affordable housing development

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SANTA BARBARA — The Housing Authority of the City of Santa Barbara, community leaders and invited guests celebrated the grand opening – and ahead-of-schedule completion – of the Bradley Studios, the organization reported in a media release. Since January, the Housing…

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