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    Recognizing the role of the Housing Trust Fund Ventura County in affordable housing development

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    On January 22nd at the Camarillo Library, our CEO Linda Braunschweiger and Board Chair Jennie Buckingham addressed a packed house of over 70 community leaders, affordable housing supporters, advocates, workforce housing developers, and county residents during the organization’s Annual Meeting.
    Linda and Jennie shared and celebrated Housing Trust Fund Ventura County’s (HTFVC) accomplishments, noting over $9 million in approved loans that have helped to create 365 affordable housing units since the organization’s founding in 2012, and observing the honor of being named the 2019 Nonprofit of the Year by the Ventura Chamber of Commerce. They also provided an important update about California Proposition 1’s fund matching program, which has the ability to bring $25 million dollars to Ventura County by 2024 specifically for affordable workforce housing, and how HTFVC has raised over $3.3 million towards that goal.
    EXCITING ANNOUNCEMENT . . .
    Also during the meeting, Board Director John Fowler along with Linda Braunschweiger announced the launch of the new Housing Land Trust Ventura County. As Braunschweiger stated, “This will open opportunities to received developable land for the benefit of affordable workforce housing.
    Review the annual report: Read the 2019 Annual Report
    The Housing Trust Fund Ventura County’s complete year-in-review can be found by reviewing its 2019 Annual Report found below. It features recent accomplishments, historical impacts, affordable housing developments funded in 2019, and future plans to increase the supply of affordable workforce housing in Ventura County.
    Housing Trust Fund Ventura County – Launched as a 501c3 nonprofit corporation in 2012, Ventura County Housing Trust Fund became Housing Trust Fund Ventura County (Housing Trust Fund VC) in July 2019. Housing Trust Fund VC is the local trusted leader in helping 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. As of January 2020, Housing Trust Fund VC has invested $9 million through its revolving loan fund, creating 365 affordable apartments and homes for very-low, low- and middle-income employees, transitional age foster youth, veterans, farm workers, and the homeless.

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