HomeMy WebLinkAboutAGENDA REPORT 2025 0604 CC REG ITEM 09C POWERPOINTLinda Braunschweiger
Housing Trust Fund VC
Housing Land Trust VC
CEO
ITEM: 9.C.
Revolving Loan Fund
Product Overview
•Pre-development Loans
•Acquisition Loans
•Predevelopment/Construction
Loans -Prop 1 Match
•Construction Loans -Prop 1 Match
•Bridge or GAP Funding
$41.8 Million
in funded or
committed loans
since 2013. Nearly
$14 million funded
or committed in
2024.
2024 Accomplishments
Final Year for
Proposition 1
2020-2023: $14M
2024: Pending
$5M Reap
2.0 Grant
Supports creation of
Revolving Long-Term
Loan Program for Infill
Affordable Housing
Developments and
Housing Land Trust’s
ability to attract
additional capital and
land donations.
$4.25M in
Community
Impact
Investments
City of Moorpark Funded Developments 2013-2024
Walnut Street Apartments
HTFVC has loaned a total of $1,625,000 in three loans to produce 24
units in the City of Moorpark.
City Investment into HTFVC
•$50,000 City Investment 2012
•$100,000 City Investment 2020-2021
•Current request: investment
commitment of $200,000 for 24/25.