Housing Trust Fund Awarded $5,000 Grant from Union Bank Foundation

By Erica Mesker for the Housing Trust Fund of Santa Barbara County | Published on 10.31.2012

  • E-mail
  • Print this page Print
  • Comments
    • Share

The Housing Trust Fund of Santa Barbara County is pleased to announce a $5,000 grant award from the Union Bank Foundation.

Union Bank’s generous $5,000 grant will support the agency’s Affordable and Workforce Housing Initiatives to expand affordable homeownership and rental housing opportunities in Santa Barbara County’s high-cost housing market.

Union Bank annually distributes at least 2 percent of its annual after-tax net profit to charitable organizations, striving to build a charitable contributions program “that positions the Union Bank Foundation as an innovator of partnerships and a grant-maker intent on helping to create and sustain healthy communities.”

HTF helps maintain the socio-economic fabric throughout Santa Barbara County by addressing the fundamental building block of healthy communities — housing that is affordable to local workers and residents. The grant funds will aid in the expansion of our new Workforce Housing Program, which provides down payment loans to assist low-income working families in purchasing a home in the community where they work, as well as the operations of the $4.5 million Revolving Loan Fund that facilities the production, acquisition, and preservation of affordable housing projects for low-income residents.

Affordable housing is the fundamental building block of economically healthy, vibrant, and sustainable communities. Housing that is affordable to local residents is necessary to attract and retain a local workforce, who provides essential community services, and to address the needs of our most vulnerable populations — low-income families, single parents, senior citizens and people with disabilities.

The Housing Trust Fund of Santa Barbara County would like to thank the Union Bank Foundation for its continued support of its mission and goal of expanding affordable housing opportunities for the residents of Santa Barbara County.

— Erica Mesker is a development and communications assistant for the Housing Trust Fund of Santa Barbara County.

Comments

Noozhawk's comments are moderated, but by posting here you accept your responsibility to follow our rules as part of Noozhawk's shared online community. Please keep your comments civil and helpful. Don't attack other readers personally, and do not use vulgar, abusive or discriminatory language. Use the "Report Abuse" link if a comment violates these standards or our Terms of Use

You must be a registered user to comment. Create a user account

Log in




Auto-login on future visits

Forgot your password?

More Local News »

CALM’s ‘I Will Not Be Silent’ Campaign Helped Community Raise Voices Against Child Abuse

Girls Inc. of Santa Barbara Uniting Girls, Businesses for Take Our Daughters to Work Day

Old Spanish Days Saddles Up with La Primavera Unveiling of Official Poster

Kickoff party features El Presidente Josiah Jenkins, Spirit and Junior Spirit of Fiesta, and the accompanying art work and memorabilia

Jay Leno Hosts Magical Evening for New Partnership for Cancer Care

Young Eagles Day to Take Flight Saturday at Santa Ynez Airport

Weather: Overcast 63.0º


© Malamute Ventures LLC 2007-2013 | ISSN No. 1947-6086

Web Design & Development by PixelFive