Ventura County Community Development Corporation

What Ventura County Community Development Corporation does

Ventura County Community Development Corporation, now operating under the trade name My Way Home, is a 501(c)(3) nonprofit organization founded in 2001 and headquartered at 2231 Sturgis Road, Suite A, Oxnard, California. The organization is designated by the U.S. Department of the Treasury as a Community Development Financial Institution (CDFI) and is approved by HUD as a housing counseling agency. It also operates as a licensed mortgage broker under California Department of Real Estate license #01521885 and NMLS #347041, serving low- to moderate-income households across Ventura, Kern, Los Angeles, and Santa Barbara counties.

The organization delivers an integrated set of homeownership services through a single platform that combines in-person counseling, mortgage loan origination, and digital tools. Its core digital product, the My Way Home Navigator, is a guided tool that helps prospective homebuyers identify next steps toward homeownership. Surrounding service modules include mortgage lending, down payment assistance (funded through government grants and community development programs), pre-purchase education and coaching, post-purchase financial wellness, reverse mortgage counseling, refinance, and affordable property inventory access. The organization employs 11–50 staff and delivers services through its Oxnard office, community classes and events, its website (mywayhome.org), and a realtor referral network.

My Way Home generates revenue primarily through loan origination fees and interest on mortgages it brokers (stream: transaction fees) and through government grant-funded down payment assistance and HUD-supported counseling programs (stream: professional services/grants). As a nonprofit, all earnings are reinvested into community programs. Pricing and assistance amounts are not publicly disclosed and are determined through individual qualification assessments against county-specific income eligibility thresholds (e.g., up to $259,000 in Ventura County, $185,000 in Kern County, $211,000 in Los Angeles County, and $235,000 in Santa Barbara County). The organization does not have external shareholders, venture capital backing, or a parent company.

Name

Ventura County Community Development Corporation

Legal name

Ventura County Community Development Corporation

Website

https://vccdc.org

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

My Way Home is a 501(c)(3) nonprofit CDFI and HUD-approved housing counseling agency that provides mortgage lending, down payment assistance, and financial education to low- and moderate-income households across Ventura, Kern, Los Angeles, and Santa Barbara counties in California.

Ownership category

akta.pro rank

Product category

Community Development Financial Services

NAICS

Other Individual and Family Services (624190), Services for the Elderly and Persons with Disabilities (624120)

SIC

Services-Social Services (8300)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Affordable Housing / Down Payment Assistance (DPA) Mortgage Origination (FSALAAAM), Down Payment Assistance (DPA) & Homebuyer Subsidy Programs (FSALAKAE), Community Centers & Neighborhood Support Services (BPAGAEAL)

Keywords

• Nonprofit mortgage lending
• Down payment assistance
• Housing counseling services
• Community development financial
• Homeownership education

Headquarters

HQ city

Causapscal

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Mortgage Lending: As a mortgage broker licensed in California (CA Dept. of Real Estate #01521885; NMLS #347041), the organization generates revenue through loan origination fees and interest on mortgages facilitated for homebuyers. As a nonprofit, earnings are reinvested into community programs.
2. Down Payment Assistance Programs: Provides down payment assistance to qualified low- and moderate-income homebuyers, funded through government grants and community development programs. Administered as grants or soft-second loans to eligible borrowers.
3. Housing Counseling Services: HUD-approved housing counseling agency providing financial education, homeownership counseling, and post-purchase coaching. Services support the organization's mission while building a pipeline of qualified homebuyers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Ventura County Community Development Corporation, operating as My Way Home, is a nonprofit Community Development Financial Institution (CDFI) and HUD-approved housing counseling agency. It facilitates mortgage loans as a licensed California mortgage broker, administers down payment assistance programs for low- and moderate-income households, and delivers pre- and post-purchase financial education and coaching. Services target underserved communities across Ventura, Kern, Los Angeles, and Santa Barbara counties.

Product overview

My Way Home (formerly Ventura County Community Development Corporation) is a nonprofit mortgage broker and Community Development Financial Institution (CDFI) that operates as a single integrated platform offering homeownership assistance programs. The core product is the My Way Home Navigator, a digital guidance tool, supported by a suite of service modules including homebuyer services, mortgage lending, down payment assistance, financial education and coaching, affordable property access, homeowner services, reverse mortgage counseling, and financial wellness programs. All services are delivered through a network of in-person counseling and digital tools, with eligibility programs serving low- and moderate-income households across Ventura, Kern, Los Angeles, and Santa Barbara counties.

Differentiator

Problem solved

Functional benefit

Products and services

• Mortgage Lending Services Mortgage loan origination services for low- and moderate-income homebuyers in California, operated under CA Dept. of Real Estate license #01521885 and NMLS #347041. Generates revenue through loan origination fees while reinvesting earnings into community programs.
• Down Payment Assistance Programs Government and community development funded grants or soft-second loans providing down payment assistance to qualified low- and moderate-income homebuyers, with county-specific eligibility thresholds (e.g., Ventura County: up to $259,000; Kern County: up to $185,000; Los Angeles County: up to $211,000; Santa Barbara County: up to $235,000).
• Housing Counseling Services HUD-approved housing counseling agency services including financial education, homeownership counseling, refinance counseling, reverse mortgage counseling, and post-purchase coaching for homebuyers and existing homeowners in Southern and Central California.
• My Way Home Navigator Digital guidance tool that helps prospective homebuyers discover their best next steps and move toward homeownership goals with personalized recommendations, accessible online 24/7.
• Financial Education & Coaching Financial literacy programs and personalized one-on-one coaching to help individuals and families build confidence, strengthen finances, and successfully navigate the home buying journey before, during, and after purchase.
• Homeowner Services Ongoing support for existing homeowners including refinance options, reverse mortgage counseling, and post-purchase financial wellness resources across Southern and Central California.
• Affordable Properties Access Access to affordable housing inventory for qualified buyers through partnerships and community development initiatives in Southern and Central California.
• Reverse Mortgage Counseling HUD-approved counseling for reverse mortgages helping senior homeowners understand and evaluate reverse mortgage options in their financial planning.

Quantifiable outcome

• Down payment assistance available for qualified and eligible borrowers

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• NeighborWorks America: National network of HUD-approved housing counseling agencies and CDFIs that deliver homebuyer education, foreclosure prevention, and mortgage lending — closely mirrors VCCDC's HUD-approved, CDFI-designated service stack.
• Habitat for Humanity: National nonprofit that builds and finances affordable homes for low- and moderate-income households, often combining zero-interest mortgages with homebuyer counseling — directly parallel to VCCDC's lending-plus-counseling model.
• Local Initiatives Support Corporation (LISC): Major CDFI financing community development, affordable housing, and economic development, including direct lending and counseling through local partners — comparable CDFI designation and affordable housing focus.
• Mercy Housing: Nonprofit affordable housing organization developing, financing, and operating housing for low-income families and seniors, often paired with resident services and counseling — directly parallel community development mission.
• NACA (Neighborhood Assistance Corporation of America): Nonprofit community advocacy and mortgage lender offering below-market-rate home loans and intensive homebuyer counseling to low- and moderate-income borrowers, with a comparable mission-aligned, nonprofit mortgage broker model.
• Enterprise Community Partners: National nonprofit that develops and finances affordable housing, invests in community development financial institutions, and supports homeownership pathways — comparable mission and CDFI-affiliated lending model.
• Self-Help Federal Credit Union: CDFI credit union providing affordable mortgages and financial services to underserved borrowers, with embedded financial education — directly comparable CDFI structure and low-income mortgage focus.
• Clearinghouse Community Development Financial Institution: California-based CDFI providing affordable home loans, down payment assistance, and housing counseling to underserved communities — direct regional comparable serving similar California low-income markets.

Emerging players

• Grameen America: Nonprofit microfinance organization providing small loans and financial services to low-income women entrepreneurs — adjacent nonprofit lending model for underserved communities with comparable regulatory and mission structure.

Broad incumbents

• Opportunity Finance Network: National CDFI intermediary and trade association that funder-aggregates capital and provides capacity-building to a network of mission-driven lenders, including affordable mortgage products — broader industry incumbent aligned with VCCDC's CDFI model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/vccdc_1
• Facebookfacebook.com/vccdc

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ventura County Community Development Corporation