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    Cabrillo Economic Development Corporation Announces New Director of Real Estate Development

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    (VENTURA COUNTY, Calif.) – November 12, 2020 – The Cabrillo Economic Development Corporation (CEDC) is excited to announce Gustavo Almarosa as their new Director of Real Estate Development.

    The Cabrillo Economic Development Corporation (CEDC) is Ventura County’s largest developer of affordable housing with an additional project in Santa Barbara County, and is best known for providing comprehensive, well-designed affordable housing services with community economic development activities.

    “We are thrilled to welcome Gustavo to our team,” said CEDC’s Chief Executive Officer Margarita De Escontrias. “We are looking forward to see all the great things CEDC will accomplish with him on board.”

    Almarosa will be leading the CEDC’s Real Estate Development Department  (REDD), whose primary function is to complete the acquisition, finance, and pre-construction stages of affordable housing development. His last position as a Senior Project Manager at AMCAL Multi-Housing Inc, allows him to bring a vast experience in all aspects of development and outreach.

    “The CEDC is an organization that I’ve been inspired by for over 10 years,” said Almarosa.  “I highly believe in the work they have completed, historically, and given the immense need for affordable housing in the State of California and locally here in Ventura County, I’m really looking forward to working with the team here at the CEDC and the opportunity to work with the next generation of developers.”

    For more information about the CEDC, visit

    Gustavo Almarosa, New Director of Real Estate Development for the Cabrillo Economic Development Corporation


    About Cabrillo Economic Development Corporation

    At the Cabrillo Economic Development Corporation (CEDC) home is more than a place to live, it is the cornerstone of the community’s economic, environmental and social wellbeing. The mission of the Cabrillo Economic Development Corporation is to provide comprehensive housing services and community economic development activities, through a community building approach, that facilitate self-sufficiency for individuals and families who are most lacking in opportunity in Ventura and Santa Barbara Counties and adjacent areas in Los Angeles County.  

    CEDC has 24 properties for low income and farmworker families, seniors 55 and older and those with disabilities. We are the largest developer of affordable homes in Ventura County, facilitating self-sufficiency for individuals and families who are lacking in opportunity. We believe that every person has a right to decent, safe and affordable homes to live in – a cornerstone of any community’s economic, environmental, and social well-being.

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