Cabrillo Economic Development Corporation invites the press and public to the grand opening and ribbon-cutting ceremony for Snapdragon Place Apartments, Phase II, Cabrillo’s newest affordable housing complex in Ventura.
The event will take place at 11 a.m. Friday, Nov. 15, 2019, at the development, 995 Los Angeles Ave., Ventura.
Cabrillo is developing the project in partnership with the Housing Authority of San Buenaventura, which will serve as the property management company.
“This development offers new homes for working families, homeless individuals and Veterans to live comfortably and not have to worry about paying extreme rents beyond the families’ earned income,” Cabrillo’s Director of Real Estate Development Eduardo Espinosa said.
Snapdragon Place Apartments, Phase II, is a newly constructed development of 22 units with four one-bedroom homes (640 square feet), 10 two-bedroom homes (958 square feet), and eight three-bedroom homes (1,177 square feet). The development will share a community room with Phase I of Snapdragon Place Apartments, which was completed in 2015.
The new construction includes 11 special needs units, of which, four one-bedroom units are designated for homeless veterans through the Veterans Affairs Supportive Housing (VASH) program and seven non-VASH units. All units, except for the manager’s unit, will have Section 8 vouchers for families and individuals with incomes between 30 to 60 percent of the area median income.
“One of the city’s key housing goals is to accommodate the economic and population growth by providing a diversity of quality housing for workers and their families. The Snapdragon Apartments are important additions to the workforce housing inventory,” Espinosa said.
“In many ways, the Snapdragon Apartments community as a whole ― 28 units of USDA Rural Development Farmworker Housing and 22 units of family/special needs/Veterans housing ― is the perfect workforce housing development. It is a true partnership, where all units receive rental assistance, creating housing that is affordable to the residents of the city of Ventura.
The grand opening will begin with a Presentation of Colors by the Ronald Reagan Det. 597, Marine Corps. League, Ventura County. Speaking at the event will be Cabrillo Executive Director Margarita H. de Escontrias, Cabrillo Board President Dave Sabedra, Espinosa, Ventura Mayor Matt LaVere, Housing Authority of San Buenaventura CEO Denise Wise, and Ventura County Behavioral Health’ Director Dr. Sevet Johnson.
Ventura County Chamber of Commerce CEO, Stephanie Caldwell will perform the ribbon-cutting ceremony, and a luncheon, catered by Main Course California, will follow in the Community Room at Snapdragon Place Apartments, Phase I, across the street.
Those interested in attending the event can RSVP at [email protected] or call 805-659-3791 by Nov. 8.