Cabrillo Economic Development Corporation (CEDC)

Company name:
 Cabrillo Economic Development Corporation (CEDC)  Jobs (Visit website)
City & State: Ventura , CA
Industry type: Building Owners
Company Description:

Cabrillo Economic Development Corporation (CEDC) has progressed from a grower-owned labor camp to a countywide housing and economic development corporation serving diverse socio-economic populations.

In 1975, farmworker families living in substandard housing conditions in Cabrillo Village (Saticoy, CA) received eviction notices from the labor camp’s grower-owners. Resisting the razing of their homes, 80 farmworker families raised money to purchase the land, started the Cabrillo Improvement Association (CIA), and became the land’s legal owners on Cinco de Mayo 1976.

Over the next five years, the CIA rehabbed 80 homes, developed two new housing complexes totaling 79 units, started three new business ventures to expand the neighborhood’s economic base, and provided social services to farmworker families. In 1981, in a decision to expand past its original borders, a countywide community development corporation was formed that became CEDC.

Since these humble beginnings, CEDC has built more than 1,000 units of affordable for-sale and multi-family rental housing, manages 440 affordable rental units, and has counseled more than 1,800 households preparing to purchase a home. In addition, CEDC has helped 275 families into homeownership through education, counseling, and lending services.

CEDC is now the leading non-profit affordable housing producer in Ventura County.
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Company News
CEDC awarded $650000 for rental development in Piru - Fillmore Gazette

CEDC awarded $650000 for rental development in Piru
Fillmore Gazette
By Gazette Staff Writer — Wednesday, March 17th, 2010 Ventura, CA – The Cabrillo Economic Development Corporation (CEDC) announces that it has been awarded ...
Copyright 2010. All Rights Reserved.

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