Cabrillo Economic Development Corporation Receives $175,000 from U.S. Bank

VENTURA, Calif. - Jan. 29, 2025 - PRLog -- Cabrillo Economic Development Corporation (Cabrillo EDC), a nonprofit organization that is the largest affordable housing developer in Ventura County, today announced it has received a $175,000 contribution from U.S. Bank. The contribution will be used to help create safe and stable housing for children, families and communities to thrive.

"Creating equitable opportunities for our community requires resources, and we appreciate the support from U.S. Bank, which helps us continue to build and expand the innovative programs we're proud to offer," said Victory Brady, interim COO/CFO of Cabrillo EDC.

Cabrillo EDC develops and manages service-enriched, inclusive residential communities, ensuring access to affordable, secure, quality housing for lower-income families in the community. Through this work, they also provide residents in their properties with programs that include homework clubs, education for adults and youth, fitness and nutrition classes, empowerment and leadership training, and more.

"Safe and stable housing helps children, families and communities thrive. Working with Cabrillo EDC to create access to affordable housing is an investment that will benefit generations to come," said Wendy E. Chau, community affairs manager at U.S. Bank.

U.S. Bank is committed to powering human potential and creating lasting change in communities. The bank does this through the Community Possible (http://www.usbank.com/community) platform, including philanthropy, community investments and team member volunteerism.

For more information about Cabrillo EDC and its programs, visit https://www.cabrilloedc.org/.

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About Cabrillo Economic Development Corporation
CEDC is the largest developer of affordable homes in Ventura County. Cabrillo's success is the result of decades of passion, dedication and vision. With a mission of providing comprehensive housing services and community economic development activities, Cabrillo facilitates self-sufficiency for individuals and families who are most lacking in opportunity. Since its founding in 1981, the organization has been committed to providing affordable housing solutions and creating sustainable communities for those in need. CEDC works with a range of stakeholders, including government agencies, private sector partners, and community organizations, to address the housing needs of underserved populations.

About U.S. Bancorp
U.S. Bancorp, with more than 70,000 employees and $686 billion in assets as of September 30, 2024, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, business banking, commercial banking, institutional banking, payments and wealth management. U.S. Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, including being named one of the 2024 World's Most Ethical Companies and Fortune's most admired superregional bank. Learn more at usbank.com/about.