Rodney Fernandez incorporated the Ventura County Community Development Corporation (VCCDC) in 2001 as an independent 501(c)3 to fulfill his broad vision of strengthening and sustaining prosperous communities through homebuyer education, pre-purchase counseling, financial coaching, financing mortgage loans, and post-homeownership counseling services. Since then and in his name, Bertha Garcia co-founder, the Board of Directors, management, staff and volunteers, have all worked together tirelessly to continue Rodney's mission of empowering families in reaching overall financial well-being.
VCCDC grew quickly as it responded to the demand for culturally competent services through the 2008 housing crisis when thousands of families were at risk of losing their homes. As the market recovered, the dream of homeownership again became a a possibility for working families who could not afford a pre-crisis home. However, wages not keeping pace with the rising housing costs, limited inventory of affordable homes as well as investor competition makes home urchase ever more challenging for low-and-moderate income families. Against this backdrop, VCCDC's board and staff work together to offer homebuyer education, lending products for low- and moderate-income homebuyers, and realty services to make communities healthier, with more homeowners with financial resilience.
Since 2001, VCCDC has originated an impressive number of mortgage loans, helped families enhance their credit scores and their standards of living, and contributed to improved economic conditions throughout the communities we serve. We have made measurable impacts on neighborhood revitalization by rehabilitating distressed housing and making that refurbished inventory available to families in need.
VCCDC was recently re-certified as a Community Development Financial Institution (CDFI) by the U.S. Department of Treasury. As an adopter of the National Industry Standards, VCCDC serves the community with high levels of homeownership services. VCCDC is made up of certified and licensed professionals with a deep, personal desire to make the world a better place to live.
From our education services, including workshops and counseling, to our lending and realty support, including down payment assistance and consulting for first-time buyers, we ensure that our clients are supported from start to finish of the homebuying process.