Recursos en Español
Resources in Spanish
Recursos en Español
Resources in Spanish

2020-2025

HE-R First-Time Homebuyer Assistance

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The County shall, in collaboration with community partners, provide down payment assistance to expand homeownership opportunities in Ventura County. Down payment assistance funds provided by the County may be used to leverage monies from other grants to provide additional assistance with the intent to make homeownership more attainable for families living in rental property.

Beginning in the FY 2022-23 County budget cycle and based upon the annual funding cycles thereafter, the CEO-Community Development shall implement notice of funding availability and application acceptance process per year during the Housing Element cycle. Priority application points shall be given to applications received from households from low opportunity and/or disadvantaged communities.

The County shall target an average of 12 down payment assistance each year, approximately $300,000, utilizing CDBG funds throughout the Entitlement Area.

TIMEFRAME AS CERTIFIED BY THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT

FY 2022-23,
Ongoing

HE-R First-Time Homebuyer Assistance

by

The County shall, in collaboration with community partners, provide down payment assistance to expand homeownership opportunities in Ventura County. Down payment assistance funds provided by the County may be used to leverage monies from other grants to provide additional assistance with the intent to make homeownership more attainable for families living in rental property.

Beginning in the FY 2022-23 County budget cycle and based upon the annual funding cycles thereafter, the CEO-Community Development shall implement notice of funding availability and application acceptance process per year during the Housing Element cycle. Priority application points shall be given to applications received from households from low opportunity and/or disadvantaged communities.

The County shall target an average of 12 down payment assistance each year, approximately $300,000, utilizing CDBG funds throughout the Entitlement Area.

TIMEFRAME AS CERTIFIED BY THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT

FY 2022-23,
Ongoing

HE-R First-Time Homebuyer Assistance

by

The County shall, in collaboration with community partners, provide down payment assistance to expand homeownership opportunities in Ventura County. Down payment assistance funds provided by the County may be used to leverage monies from other grants to provide additional assistance with the intent to make homeownership more attainable for families living in rental property.

Beginning in the FY 2022-23 County budget cycle and based upon the annual funding cycles thereafter, the CEO-Community Development shall implement notice of funding availability and application acceptance process per year during the Housing Element cycle. Priority application points shall be given to applications received from households from low opportunity and/or disadvantaged communities.

The County shall target an average of 12 down payment assistance each year, approximately $300,000, utilizing CDBG funds throughout the Entitlement Area.

TIMEFRAME AS CERTIFIED BY THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT

FY 2022-23,
Ongoing

HE-O Funding for the Housing Trust Fund

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The County shall continue to support the efforts of the Housing Trust Fund Ventura County, a local nonprofit organization that provides short term, acquisition and pre-development funding to developers of affordable housing. In addition, the County will coordinate with local agencies and community stakeholders on the creation of a countywide dedicated source of funding for housing.

In June 2020, the County Board of Supervisors approved $300,000 in General Funds to be contributed to the Housing Trust Fund of Ventura County, $100,000 per year over three years (FYs 2020-2023). Additionally, approximately $1 million in PLHA funding to the VC Housing Trust Fund has been approved and is anticipated to be distributed over three years (FY2021-2024). In implementing this program, the Housing Trust Fund of Ventura County has the opportunity to match this funding dollar for dollar under HCD’s Local Housing Trust Fund program. These funds may be utilized countywide.

TIMEFRAME AS CERTIFIED BY THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT

FY 2020-2024;
By 2025, the County will consider dedication of additional funds

HE-O Funding for the Housing Trust Fund

by

The County shall continue to support the efforts of the Housing Trust Fund Ventura County, a local nonprofit organization that provides short term, acquisition and pre-development funding to developers of affordable housing. In addition, the County will coordinate with local agencies and community stakeholders on the creation of a countywide dedicated source of funding for housing.

In June 2020, the County Board of Supervisors approved $300,000 in General Funds to be contributed to the Housing Trust Fund of Ventura County, $100,000 per year over three years (FYs 2020-2023). Additionally, approximately $1 million in PLHA funding to the VC Housing Trust Fund has been approved and is anticipated to be distributed over three years (FY2021-2024). In implementing this program, the Housing Trust Fund of Ventura County has the opportunity to match this funding dollar for dollar under HCD’s Local Housing Trust Fund program. These funds may be utilized countywide.

TIMEFRAME AS CERTIFIED BY THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT

FY 2020-2024;
By 2025, the County will consider dedication of additional funds

HE-O Funding for the Housing Trust Fund

by

The County shall continue to support the efforts of the Housing Trust Fund Ventura County, a local nonprofit organization that provides short term, acquisition and pre-development funding to developers of affordable housing. In addition, the County will coordinate with local agencies and community stakeholders on the creation of a countywide dedicated source of funding for housing.

In June 2020, the County Board of Supervisors approved $300,000 in General Funds to be contributed to the Housing Trust Fund of Ventura County, $100,000 per year over three years (FYs 2020-2023). Additionally, approximately $1 million in PLHA funding to the VC Housing Trust Fund has been approved and is anticipated to be distributed over three years (FY2021-2024). In implementing this program, the Housing Trust Fund of Ventura County has the opportunity to match this funding dollar for dollar under HCD’s Local Housing Trust Fund program. These funds may be utilized countywide.

TIMEFRAME AS CERTIFIED BY THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT

FY 2020-2024;
By 2025, the County will consider dedication of additional funds

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