Category Archives: Real Estate

Ventura celebrates groundbreaking of Westview Village Phase II

The HACSB is the largest residential landlord in the City of Ventura.

The Housing Authority of the City of San Buenaventura (HACSB) and nonprofit BRIDGE Housing are pleased to announce the construction of Westview Village Phase II, a 50-unit affordable rental development, broke ground on April 18, 2022. Westview Village Phase II will replace 10 public housing units with 50 modern one- and two-bedroom apartments. The property is located on a 2-acre site at 247 W. Warner Street, on the Westside of Ventura. The development includes forty-four (44) one-bedroom and six (6) two-bedroom apartments. Five of the units will be reserved for persons who are experiencing homelessness. Westview Village II will also include a state-of-the-art community center, a commercial kitchen, two early childhood development classrooms, multipurpose rooms, and a public park. “This will complete the vision for the Westview Village redevelopment. There will be 285 new affordable rentals and this phase of development will be the hub for this new housing campus. It will include a state-of-the-art accessible playground for all children to be able to play and enjoy the outdoors. The redevelopment is not only for this generation, but it was also planned for the next generation of families”, said Denise Wise, Chief Executive Officer of the HACSB

The Housing Authority of the City of San Buenaventura and BRIDGE Housing partnered to redevelop Westview Village, the HACSB’s oldest public housing development, over four phases of development. A total of 180 public housing units will be transformed into 320 new affordable apartments and for-sale homes. The first phase of construction was completed in 2019 and replaced 72 public housing units with 131 modern affordable one- to four-bedroom multi-family apartments. Phase III is anticipated to be complete in August 2022 and will replace 69 public housing units with 105 modern affordable one- to four-bedroom multi-family apartments. There will be a set-aside of 20 units for previously homeless families.

Financing for the $35 million Westview Village II development is being provided by US Bank, N.A.: US Bancorp Community Development Corporation, Housing Trust Fund Ventura County, City of Ventura, County of Ventura, CA Department of Housing and Community Development, the Housing Authority of the City of San Buenaventura, and the California Tax Credit Allocation Committee. Westview Village II LP is the owner, and the Housing Authority of the City of San Buenaventura will be the property manager and service coordinator. RRM Design Group (fka Mainstreet Architects + Planners Inc.) is the Executive Architect, and Cannon Constructors South is the General Contractor.

To learn more about the Housing Authority of the City of San Buenaventura, visit hacityventura.org. For more information about BRIDGE, visit bridgehousing.com.

The HACSB is the largest residential landlord in the City of Ventura, with 219 public housing units, more than 1,480 Housing Choice Vouchers, and 821 nonprofit affordable rental units. The agency is actively working to increase the supply of affordable housing and improve the quality of life and help its residents achieve self-sufficiency and or age in place.

BRIDGE Housing Corporation, a leading nonprofit developer of affordable housing, creates and manages a range of high-quality, affordable homes for working families and seniors. Since it was founded in 1983, BRIDGE has participated in the development of over 16,000 homes in California and the Pacific Northwest.