Cabrillo Economic Development Corporation receives grant funds

Cabrillo Economic Development Corporation has received grants totaling $117,143 to support residents during the Covid-19 pandemic.

Grants include the following:

Wells Fargo, $50,000 in funds for rent and utility assistance, non-food essentials, educational laptops, and children’s activity bags for residents

Bank of America, $20,000 in funds for rent and utility assistance and non-food essentials for residents

Neighborworks America, $22,143 in funds for two unrestricted grants.

National Association of Latino Community Asset Builders, $15,000 in funds for rent and utility assistance and non-food essentials for residents.

City National Bank, $5,000 in funds for rent and utility assistance and non-food essentials for residents.

Ventura County Community Foundation, $5,000 in funds for rent and utility assistance and non- food essentials for residents.

“The majority of the funds we received will be used toward rent and utility assistance for residents as well as non-food essentials that include paper goods, cleaning products,” said Denise Bickerstaff, Director of Business Development and Administration at Cabrillo. “The funds will be deployed along with donations we’ve received to our Emergency Assistance Fund to help our residents.

Cabrillo houses nearly 4,000 residents in affordable housing units throughout Ventura County, including low-income individuals and families, farmworkers, seniors, veterans, and individuals with disabilities.

“There’s a lot of exciting work going on at Cabrillo right now. Essential work that will help our residents who are most in need and provide services to get them through this pandemic and perhaps turn it into something positive, so families can enjoy the extra time with their families without all the worries. That isn’t something we could do on our own without the support of the community and these grantors,” Bickerstaff said.

In addition to the grants, Cabrillo’s Emergency Assistance Fund has raised a total of $3,260 in individual donations to assist its residents. Donations to this fund can still be made at http://bit.ly/CEDCemergencyaid.

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