VENTURA COUNTY, Calif. – The Housing Trust Fund Ventura County announced the approval of $12 million in loans for 492 new affordable housing units in Ventura County. The organization provided more information in the following press release: Ventura County, CA – Housing Trust Fund Ventura County (Housing Trust Fund VC) announces $12,000,000 in loan commitments approved by its Board of Directors. Seven million of the $12 million will be matched by Prop 1 funding. The Valentine Road Apartments in Ventura, a Homekey development by the Housing Authority of the City of San Buenaventura, will receive a $5,000,000 construction loan. Two developments by Red Tail Multifamily Land Development,
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