Cabrillo Economic Development Corporation has been building affordable housing for over forty years. Now, more than ever, Ventura and Santa Barbara counties are both in dire need of affordable housing due to various factors. The cost of living in these regions has skyrocketed in recent years, driven by the high housing demand from residents and tourists attracted to the beautiful coastal areas. As a result, the prices of homes and rental properties have surged, making it increasingly difficult for low-income individuals and families to find affordable housing options. Many essential workers, such as teachers, healthcare professionals, farm workers, and service industry employees, are being priced out, which puts a strain on their financial well-being and negatively impacts the local economy.
The lack of affordable housing contributes to increased homelessness and housing insecurity. With limited affordable options available, individuals and families who cannot afford the high rents or property prices often face the risk of becoming homeless or being forced to live in substandard conditions. This affects their quality of life and poses significant challenges to the overall social fabric of our communities. Access to stable and affordable housing is crucial for individuals to thrive, maintain employment, and provide a safe environment for their families. By addressing the affordable housing crisis in Ventura and Santa Barbara counties, we can foster inclusivity, support economic growth, and improve the well-being of their residents.
Cabrillo EDC plays a significant role in addressing the affordable housing crisis in Ventura and Santa Barbara counties. With a mission to provide affordable housing opportunities and promote community development, Cabrillo has been instrumental in creating and managing affordable housing projects throughout the region. We work closely with local government agencies, non-profit organizations, and community stakeholders to develop innovative solutions that meet the diverse housing needs of our community.
Cabrillo EDC develops affordable housing projects tailored to farm workers, seniors, and families’ unique needs. We prioritize those who are often overlooked and do not have access to the resources they need to thrive. Cabrillo EDC ensures that vulnerable populations have access to safe and affordable housing, helping to alleviate homelessness, reduce housing insecurity, and improve the overall quality of life. Additionally, Cabrillo EDC provides supportive services for our residents. We do this to build a more inclusive and equitable community, positively impacting residents and the broader society.