Tuesday, July 26 , 2016, 10:42 pm | Fair 63º

  • Follow Noozhawk on LinkedIn
  • Follow Noozhawk on Pinterest
  • Follow Noozhawk on YouTube
 
 
 
 

Housing Trust Fund Receives $5,000 Grant from Bank of America Charitable Foundation

Funding will support the Revolving Loan Fund for Affordable Housing and the new Workforce Housing Program

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

The Bank of America Charitable Foundation has been a long-standing and steadfast supporter of HTF’s mission and community goals.

“In response to the many challenges facing our communities, we are focusing our philanthropic support on areas vital to advancing local economies,” Bank of America Market President David Prichard said. “The bank’s $47,500 investment in local nonprofits that help individuals and families regain financial stability through housing and other community development initiatives is one way we’re working to stabilize and advance in the Santa Barbara and Ventura counties.”

The Housing Trust Fund works to maintain the socio-economic fabric of Santa Barbara County by addressing the fundamental building block of healthy communities — housing that is affordable to local workers and residents.

Grant funds will be utilized to strengthen HTF’s core program, the Revolving Loan Fund for Affordable Housing, and to expand its new Workforce Housing Program. The countywide $4.5 million Revolving Loan Fund aids in the expansion, production, preservation and rehabilitation of affordable housing, and serves a variety of populations, including working families, single parents, local employees, farm workers, senior citizens, disabled people, homeless individuals and others with special needs.

HTF’s new Workforce Housing Program helps bridge the homeowner affordability gap and assists local low- to middle-income working-class families purchase an entry-level home by providing 30-year deferred payment down-payment loans of up to $42,000 per household.

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

Reader Comments

Noozhawk's intent is not to limit the discussion of our stories but to elevate it. Comments should be relevant and must be free of profanity and abusive language and attacks.

By posting on Noozhawk, you:

» Agree to be respectful. Noozhawk encourages intelligent and impassioned discussion and debate, but now has a zero-tolerance policy for those who cannot express their opinions in a civil manner.

» Agree not to use Noozhawk’s forums for personal attacks. This includes any sort of personal attack — including, but not limited to, the people in our stories, the journalists who create these stories, fellow readers who comment on our stories, or anyone else in our community.

» Agree not to post on Noozhawk any comments that can be construed as libelous, defamatory, obscene, profane, vulgar, harmful, threatening, tortious, harassing, abusive, hateful, sexist, racially or ethnically objectionable, or that are invasive of another’s privacy.

» Agree not to post in a manner than emulates, purports or pretends to be someone else. Under no circumstances are readers posting to Noozhawk to knowingly use the name or identity of another person, whether that is another reader on this site, a public figure, celebrity, elected official or fictitious character. This also means readers will not knowingly give out any personal information of other members of these forums.

» Agree not to solicit others. You agree you will not use Noozhawk’s forums to solicit and/or advertise for personal blogs and websites, without Noozhawk’s express written approval.

Noozhawk’s management and editors, in our sole discretion, retain the right to remove individual posts or to revoke the access privileges of anyone who we believe has violated any of these terms or any other term of this agreement; however, we are under no obligation to do so.

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 through PayPal below, or click here for information on recurring credit-card payments.

Thank you for your vital support.



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 >