WASHINGTON, DC – Today, Congresswoman Julia Brownley (D-Westlake Village) announced NeighborWorks America, a public non-profit established by Congress, has awarded a $415,333 grant to Cabrillo Economic Development Corporation to foster community development and create more affordable housing in Ventura County.
“Strong partnerships between public entities and local nonprofits like the one between NeighborWorks and Cabrillo Economic Development Corporation foster effective, innovative solutions that are key to addressing our nation’s affordable housing crisis,” said Congresswoman Julia Brownley. “I am pleased to see Cabrillo receive this well-deserved award that will allow them to continue to develop affordable housing options for families throughout Ventura County.”
“This grant award from NeighborWorks America allows us to continue our important mission of building affordable housing, creating homeownership opportunities, and lifting up our more than 3,000 residents in Ventura County with educational resources and programs to improve their quality of life,” said Margarita De Escontrias, Chief Executive Officer of Cabrillo Economic Development Corporation. “This funding is not only critical to our existence as a nonprofit organization and to our direct beneficiaries, but it also validates our presence in the community to our constituents, partners, funders, lenders and investors. We are grateful to NeighborWorks America for believing in Cabrillo and partnering with us to create thriving communities.”
Since 1978, NeighborWorks America has supported local solutions to community development and affordable housing in urban, suburban and rural communities across the nation by providing their network of more than 240 of the nation’s best community development organizations with financial and grant support, training, technical assistance, organizational assessments, technology tools and other services.
In FY 2016, NeighborWorks America and the NeighborWorks network assisted over 360,000 families, developed 16,200 quality, affordable rental units, and preserved 12,700 affordable homes.