Recently, HTF Ventura County was notified by the U.S. Department of the Treasury that it is one of 73 recipients of a Technical Assistance grant. The $125,000 grant doubles to $250,000 due to State Proposition 1’s fund matching program. “Earlier this year we set a lofty $5 million fundraising goal by the end of 2019,” stated Linda Braunschweiger, CEO of Housing Trust Fund Ventura County. “With this newest grant we are now within striking distance of achieving that goal.” In 2017, HTF Ventura County became a Community Development Financial Institution (CDFI), which certifies private and non-profit financial institutions that are 100% dedicated to delivering responsible, affordable lending to help low-income and other disadvantaged people join the economic mainstream. Being a CDFI opens new funding opportunities for HTF Ventura County, allowing for program expansion to help better serve Ventura County residents in need of affordable housing. Below are three such projects.
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Funny how things have changed since the 1970’s. I bought an affordable house in Newbury Park almost fifty years ago before the overly generous open space policy.