Ventura County Community Development Corporation

Saticoy CA


Ventura County Community Development Corporation (VCCDC), of Ventura CA, is a subsidiary of Cabrillo Economic Development Corporation. Its mission is to increase home ownership opportunities for low income and minority families in Ventura County. VCCDC and its parent offer pre-purchase education, individual counseling, purchase assistance, and mortgage packaging for low income, Afro-American and Latino families.

CDFI Awards for Ventura County Community Development Corporation


FA (2006) - $63,682

Ventura County Community Development Corporation (VCCDC) is a certified CDFI established in 2001. VCCDC lends amortized and deferred subordinate loans to low-to-moderate income families in Ventura County. A Technical Assistance Award of $63,682 will assist in the purchase of new loan servicing technology and training. It will also support collaboration with a partner organization that will assist VCCDC in its efforts to become a 1st mortgage lender.



TA (2004) - $50,000

Ventura County Community Development Corporation (VCCDC) seeks to expand their services into direct lending of second mortgages and subordinated debt, in order to help the families of their target market leverage their resources into home ownership. The award will help to support this expansion by providing funding for a marketing study, product development, computing systems, and training for Board and staff in loan fund operations.



Other Community Development Financial Institutions in California





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Small Business Administration Background

The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.







Small Business Administration's Portable Assistance Program

The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.




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