VENTURA COUNTY — Housing Trust Fund Ventura County (Housing Trust Fund VC) has been awarded a $25,000 operating grant from Mechanics Bank in support of affordable housing in Ventura County. The new funds will be used to support new loan program development and operations as Housing Trust Fund VC continues to increase affordable housing options throughout Ventura County by leveraging public-private partnerships to provide low cost, flexible loans early in the housing development cycle. The grant is part of the Mechanics Bank Corporate Giving Program which aims to support community development financial institutions and nonprofit organizations that directly support low- to moderate-income individuals, families and communities.
“Mechanics Bank has been a supporter for many years. Their Corporate Giving Program is an important catalyst for change in our community,” said Housing Trust Fund Ventura County CEO Linda Braunschweiger, “We are grateful to have their continued support as we work to bring more affordable housing to Ventura County.”