The Cabrillo Economic Development Corporation is accepting applications for its Board of Directors.
Cabrillo is seeking candidates who believe in and will actively support the core values, vision and mission of Cabrillo to provide comprehensive housing services that facilitate self-sufficiency for individuals and families who are most lacking in opportunity in Ventura and Santa Barbara counties.
“In 2017, Cabrillo completed its Strategic Plan and identified its key priorities for 2017-2019. One of the five priorities is to build strong, engaged board leadership,” said Cabrillo Board President, Dave Sabedra.
Cabrillo is seeking to ensure the board is diverse and representative of the communities it serves and that candidates have a wide range of experience and knowledge.
The Board will review applications on a rolling basis. Self-nominations and third-party nominations will be accepted for both officers and board members, including low-income representatives. Cabrillo requests a three-year commitment of service from successful board candidates.
Applications are available online at cabrilloedc.org/board-directors/. For additional information or to submit an application, call Cabrillo at 805-659-3791 or email email@example.com.
Cabrillo Economic Development Corporation has received a $330,000 Affordable Housing Program grant for its Snapdragon Place Apartments Phase II project, which broke ground in March.
“The award will allow CEDC to build 22 units of much needed affordable housing, and to provide essential services for the residents. The project is currently under construction so the award will help with the construction costs of the development,” said Eduardo Espinosa, Cabrillo’s Director of Real Estate Development.
Affordable Housing Program grants are awarded through a competitive application process to Federal Home Loan Bank of San Francisco members working with housing developers or community organizations to create rental or homeownership opportunities for lower-income households.
Cabrillo collaborated with FHLBSF Bank member City National Bank on the grant application.
Cabrillo is developing Snapdragon Place Apartments Phase II in partnership with the Housing Authority of San Buenaventura, which will serve as the property management company.
Snapdragon Place Apartments is a new construction development located at Snapdragon Street and Los Angeles Avenue in East Ventura. Cabrillo completed Phase I of the project, which included 28 units for farmworkers, in 2015. Phase II will provide another 22 homes.
Phase II will consist of five two-story buildings enclosing a landscaped interior courtyard. The unit mix includes four one-bedroom homes (640 square feet), 10 two-bedroom homes (958 square feet), and eight three-bedroom homes (1,177 square feet).
The development will include 11 special needs units, with four one-bedroom units reserved for homeless veterans through the Veterans Affairs Supportive Housing program and seven non-VASH units. All units, except for the manager’s unit, will have Section 8 vouchers for families and individuals with incomes between 30 to 60 percent of the area median income.