Monday, October 15 , 2018, 11:35 am | Fair 72º

 
 
 
 

Capps Announces $500,000 Grant to Housing Trust Fund of Santa Barbara County

The award comes from the Treasury's Community Development Financial Institutions Fund

Rep. Lois Capps, D-Santa Barbara, announced Friday that the Housing Trust Fund of Santa Barbara County has been awarded a $500,000 grant from the Department of the Treasury’s Community Development Financial Institutions Fund.

The Housing Trust Fund of Santa Barbara County is a nonprofit organization dedicated to the development of affordable housing for middle- and low-income families in Santa Barbara County. It works to forge the private and public partnerships necessary to raise the capital needed to support affordable housing developments and operates a revolving loan fund to help potential homeowners acquire affordable loans.

“I am very pleased that the Housing Trust Fund of Santa Barbara County has received this critical federal funding,” Capps said. “As we recover from the housing crisis, which hit California especially hard, innovative organizations like the Housing Trust Fund will be essential to the development of affordable housing and assisting potential homeowners in finding affordable housing options that best suit their needs.”

“We are pleased that the U.S. Treasury CDFI Fund has recognized Santa Barbara County’s critical affordable housing needs and the important role the Housing Trust Fund plays in providing community groups with the low-cost capital they need to build affordable housing for working families and persons with special needs,” said Jennifer McGovern, president and CEO of the Housing Trust Fund of Santa Barbara County. “We are thankful to Congresswoman Capps for all of her help in securing this critical funding.”

— Ashley Schapitl is the press secretary for Rep. Lois Capps, D-Santa Barbara.

 

Support Noozhawk Today

You are an important ally in our mission to deliver clear, objective, high-quality professional news reporting for Santa Barbara, Goleta and the rest of Santa Barbara County. Join the Hawks Club today to help keep Noozhawk soaring.

We offer four membership levels: $5 a month, $10 a month, $25 a month or $1 a week. Payments can be made using a credit card, Apple Pay or Google Pay, or click here for information on recurring credit-card payments and a mailing address for checks.

Thank you for your vital support.

Become a Noozhawk Supporter

First name
Last name
Email
Select your monthly membership
Or choose an annual membership
×

Payment Information

Membership Subscription

You are enrolling in . Thank you for joining the Hawks Club.

Payment Method

Pay by Credit Card:

Mastercard, Visa, American Express, Discover
One click only, please!

Pay with Apple Pay or Google Pay:

Noozhawk partners with Stripe to provide secure invoicing and payments processing.
You may cancel your membership at any time by sending an email to .(JavaScript must be enabled to view this email address).

  • Ask
  • Vote
  • Investigate
  • Answer

Noozhawk Asks: What’s Your Question?

Welcome to Noozhawk Asks, a new feature in which you ask the questions, you help decide what Noozhawk investigates, and you work with us to find the answers.

Here’s how it works: You share your questions with us in the nearby box. In some cases, we may work with you to find the answers. In others, we may ask you to vote on your top choices to help us narrow the scope. And we’ll be regularly asking you for your feedback on a specific issue or topic.

We also expect to work together with the reader who asked the winning questions to find the answer together. Noozhawk’s objective is to come at questions from a place of curiosity and openness, and we believe a transparent collaboration is the key to achieve it.

The results of our investigation will be published here in this Noozhawk Asks section. Once or twice a month, we plan to do a review of what was asked and answered.

Thanks for asking!

Click Here to Get Started >

Reader Comments

Noozhawk is no longer accepting reader comments on our articles. Click here for the announcement. Readers are instead invited to submit letters to the editor by emailing them to [email protected]. Please provide your full name and community, as well as contact information for verification purposes only.

Daily Noozhawk

Subscribe to Noozhawk's A.M. Report, our free e-Bulletin sent out every day at 4:15 a.m. with Noozhawk's top stories, hand-picked by the editors.

Sign Up Now >