Sunday, June 17 , 2018, 6:08 pm | Overcast 64º

 
 
 
 

Housing Trust Fund Receives $10,000 Grant from Union Bank

The Housing Trust Fund of Santa Barbara County has received a generous $10,000 grant from the Union Bank Foundation to support the nonprofit agency’s Workforce Homebuyer Program and affordable housing initiatives.

"Union Bank has been a strong and consistent supporter of the Housing Trust Fund,” HTF President/CEO Jennifer McGovern said. “We are deeply grateful for their generosity and support.  Their investment in our mission and activities enables us to expand affordable and workforce housing opportunities throughout Santa Barbara County."

HTF will use a portion of the funds to expand its successful Workforce Homebuyer Program. The program provides 30-year deferred payment loans of up to $42,000 to first-time homebuyers who live and work within Santa Barbara County. In the recently completed fiscal year, HTF directly funded 13 workforce homebuyer loans in North County to assist low-income working families in purchasing an entry-level home in the community.

Funds will also be used to support HTF’s long-standing Revolving Loan Fund for Affordable Housing. The $5.6 million Revolving Loan Fund is operated in partnership with community lenders to fund affordable housing projects that serve very low-to-moderate income residents.

Since 1953, the Union Bank Foundation has been supporting nonprofit organizations that create and sustain healthy communities that target low- to moderate-income populations. HTF is proud to have Union Bank as a longtime supporter of its affordable and workforce housing initiatives.

The Housing Trust Fund is a countywide nonprofit financing agency that works in collaboration with the private, public and nonprofit sectors to raise capital resources to expand affordable housing opportunities within Santa Barbara County.

For more information about the Housing Trust Fund, please contact McGovern at 805.685.1949 or [email protected]. Additional information about the agency is available on the HTF website by clicking here.

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

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.

Become a Noozhawk Supporter

First name
Last name
Enter your email
Select your membership level
×

Payment Information

You are purchasing:

Payment Method

Pay by Credit Card:

Mastercard, Visa, American Express, Discover

Pay with Apple Pay or Google Pay:

Noozhawk partners with Stripe to provide secure invoicing and payments processing.

  • 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 >