Saturday, September 22 , 2018, 12:45 pm | Mostly Cloudy 66º

 
 
 
 

Business

Wells Fargo Awards $10,000 Grant to Housing Trust Fund

The Housing Trust Fund of Santa Barbara County (HTF) has received a $10,000 grant award from Wells Fargo.

The grant will support the operations of the HTF, which offers low-cost loans to developers of affordable housing countywide and provides low-cost down-payment loans up to $100,000 to help first-time, low-to-middle income homebuyers purchase an entry-level home in the community where they work.

"Wells Fargo is pleased to support the Housing Trust Fund of Santa Barbara County's outstanding work in expanding affordable housing opportunities throughout the county," said Ernie Pineda, Central Coast region bank president.

"We are committed to making better opportunities possible for residents along the Central Coast, and are proud to collaborate with organizations like HTF to build strong, sustainable communities," he said.

The nonprofit Housing Trust Fund of Santa Barbara County operates in the sixth least affordable small metropolitan area housing market in the nation (National Association of Home Builders 2018).

Over the past several years, HTF has funded some $5 million in loans to facilitate the production of 195 units of newly constructed affordable housing for low-income households and has provided $1,023,924 to help 30 first-time low to upper moderate-income homebuyers buy a home.

To learn more about HTF and its affordable housing production and homebuyer programs, visit https://www.sbhousingtrust.org.

— Jennifer McGovern for 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 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 >

Meet Your Realtor Sponsored by Village Properties

Photo of Elizabeth Wagner
Elizabeth Wagner
"I consider myself to be an up front and honest agent and willing to talk my clients out of purchasing a property that isn’t right for them or won’t meet their needs in a year or two."

Full Profile >