
VENTURA COUNTY — Housing Trust Fund Ventura County (Housing Trust Fund VC) has approved $2 million in loans to create 291 affordable homes across two Oxnard communities. The funding will support Lockwood Phase III and Cypress Place Phase II, addressing the critical need for housing among working families, farmworkers, and low-income households. Local developer Homes & Hope will receive a $500,000 predevelopment loan to develop Lockwood III, creating 232 apartment homes for families earning 30-70% of area median income (AMI). People’s Self Help Housing Corporation will receive a $1.5 million predevelopment loan for Cypress Place II, which will provide 59 apartment homes for households earning 30-60% of area median income (AMI).




























