Many Mansions President Rick Schroeder offers a tour of a unit at the affordable housing provider’s Hillcrest Villas property in Thousand Oaks. Acorn file photo
Many Mansions has reopened the waiting lists for its two- and three-bedroom units in its Thousand Oaks-managed properties.
The lists will close at 4 p.m. Fri., July 30 so time is of the essence.
Applicants must meet specific income and family size requirements. To view the requirements, go manymansions.org/our-properties.
To receive assistance in filling out an application, make an appointment by calling (805) 496-4948, ext. 125 or ext. 126, at the Many Mansions housing central office, 1425 E. Thousand Oaks Blvd. The office is open from 9 a.m. to 4 p.m. weekdays and closed for lunch from noon to 1 p.m.
Thousand Oaks-based Many Mansions has been declared a Neighborhood Champion by Bank of America, an honor that brings with it a $50,000 prize.
The Neighborhood Champions program is an extension of the bank’s philanthropic initiative, Neighborhood Builders, a corporate investment program in nonprofit leadership.
Many Mansions was selected for its work providing affordable housing and on-site supportive services to help low-income families achieve financial stability. As part of the program, it will receive a $50,000 grant support and virtual leadership training by nonprofit sector experts on topics such as human capital management, financial sustainability and storytelling.
Ventura County’s homeless population rose for the third year in a row in 2020, a 4.4% increase from 2019. In response to the growing need for affordable housing in the region, Many Mansions plans to add 600 units to its building pipeline, expand into new communities and build new residences for veterans, seniors and the chronically homeless with children.
Learn more about US during this pandemic, how we deal with the application process, our on-site programs, and much more. Rick Schroeder, President speaks with Sandra Siepak, Ventura TV.
A PLACE TO STAY—If approved for state funding, Rancho Sierra Apartments would provide 49 units of housing and behavioral health services for extremely low-income seniors who have a mental health diagnosis, are experiencing homelessness or are at risk of homelessness.
After suffering multiple setbacks in recent years to provide more below-market-rate housing in Thousand Oaks, nonprofit builder Many Mansions is looking west. If approved for state funding, the proposed Rancho Sierra Apartments in unincorporated Ventura County south of Camarillo would provide 49 units of housing and behavioral health services for extremely low-income seniors 62 and older who have a mental health diagnosis, are experiencing homelessness or are at risk of homelessness.The apartments would be available to people throughout the county.
Derrick Wada, associate director of real estate development for Many Mansions, one of the groups heading the project, said it was conceptually approved by the Ventura County Board of Supervisors in June and is in the land entitlement process.
It is expected to return to the board in December for final approval.
Susan White Wood, housing manager for Ventura County Behavioral Health, said housing projects that target populations susceptible to homelessness are especially important now, when the county’s housing vacancy rate is less than 3.5%.
At least 1,740 people are living without a home in Ventura County, according to the county’s latest count, though officials suspect the actual number is much higher.
In addition to the lack of available housing, White Wood said, the rent in Ventura County, which averages $2,037 per month, is more than most people can afford.
The 2-acre project site is a parcel of land just outside Camarillo city limits which neighbors Casa Pacifica Centers for Children & Families, Rain Communities homeless shelter and Casa de Esperanza counseling center, organizations with initiatives similar to those of the proposed project.
“We feel that this project fits well within that community and provides a greater adhesive to bring all those different organizations together,” White Wood said.
According to project leaders, residents of the proposed development would have access to support services from the county’s behavioral health department, including health screenings, transportation assistance, peer counseling and community-building events.
At the project’s helm are the Area Housing Authority of the County of Ventura and Many Mansions.
Organizers expect nearly half the units—24—to be paid for with funding from No Place Like Home, a statewide voter-approved initiative meant to put $2 billion in bond proceeds toward supportive housing for the unhoused in need of mental health services.
Other funds will come from conventional construction and permanent loans and additional state funding sources, said Juliana Gallardo, a property manager for Many Mansions.
Project leaders expect to bring the No Place Like Home funding application before the Board of Supervisors in December.
If the application is approved and the project is awarded the expected funds, it could break ground in March 2022 and complete construction by July 2023, according to the project timeline.
Many Mansions will be responsible for property management.
Questions/comments can be emailed to ranchosierraapartments@manymansions.org.
Rancho Sierra Apartments would provide 49 units of housing and behavioral health services for extremely low-income seniors who have a mental health diagnosis, are experiencing homelessness or are at risk of homelessness.
MANY MANSIONS PROJECT—If approved for state funding, Rancho Sierra Apartments would provide 49 units of housing and behavioral health services for extremely low-income seniors who have a mental health diagnosis, are experiencing homelessness or are at risk of homelessness.
At least 1,740 people are living without a home in Ventura County, according to the county’s latest count, though officials suspect the actual number is much higher.
A new affordable-housing development proposed for a 2-acre site just outside of Camarillo city limits could help ease those numbers and provide low-cost options for people at risk of becoming homeless due to the area’s high cost of living in a down economy.
If approved for state funding, Rancho Sierra Apartments would provide 49 units of housing and behavioral health services for extremely low-income seniors 62 and older who have a mental health diagnosis, are experiencing homelessness or are at risk of homelessness.
Derrick Wada, associate director of real estate development for Many Mansions, one of the groups heading the project, said it was conceptually approved by the Ventura County Board of Supervisors in June and is in the land entitlement process. It is expected to return to the board in December for final approval.
Susan White Wood, housing manager for Ventura County Behavioral Health, said housing projects that target populations susceptible to homelessness are especially important now, when the county’s housing vacancy rate is less than 3.5%.
“As you can imagine, mental illness makes finding and keeping a home in this environment extremely challenging,” White Wood said.
In addition to the lack of available housing, she said, the rent in Ventura County, which averages $2,037 per month, is unaffordable for many.
The project site is a parcel of unincorporated Ventura County land just outside Camarillo city limits which neighbors Casa Pacifica Centers for Children & Families, RAIN Communities homeless shelter and Casa de Esperanza counseling center, organizations with initiatives similar to those of the proposed project.
“We feel that this project fits well within that community and provides a greater adhesive to bring all those different organizations together,” White Wood said.
According to project leaders, residents of the proposed development would have access to support services from the county’s behavioral health department, including health screenings, transportation assistance, peer counseling and community building events.
At the project’s helm are the Area Housing Authority of the County of Ventura and Many Mansions, a Thousand Oaks based nonprofit corporation that provides affordable housing throughout Ventura and Los Angeles counties.
According to plans, the complex off S. Lewis Road would include 49 one-bedroom units and one two-bedroom manager’s unit.
Organizers expect nearly half the units—24—to be paid for with funding from No Place Like Home, a statewide voter-approved initiative meant to put $2 billion in bond proceeds toward supportive housing for the unhoused in need of mental health services.
Other funds will come from conventional construction and permanent loans and additional state funding sources, said Juliana Gallardo, a property manager for Many Mansions.
Project leaders expect to bring the No Place Like Home funding application before the Board of Supervisors in December.
If the application is approved and the project is awarded the expected funds, the project could break ground in March 2022 and complete construction by July 2023, according to the project timeline.
Many Mansions, which owns or manages over 600 apartments at 20 properties across the county, will be responsible for property management. The nonprofit runs four apartment complexes geared toward mental health services in partnership with county behavioral health, according to project leaders.
Many Mansions has added John Charles Maddux to its board of directors.
Maddux has served on two board committees for several years.
He serves as the president and CEO of Sunstone Properties Trust. The company develops workforce multifamily housing in Arizona, California, Florida, Nevada, Texas and Utah. Sunstone is an operator, developer and fund manager of real estate investments.
He brings to Many Mansions experience in all aspects of the acquisition, development, rehabilitation and management of multifamily residential developments.
Maddux also served as a founder and shareholder of the law firm of Nevers, Palazzo, Maddux & Packard PLC—now known as Nevers, Palazzo, Packard, Wildermuth & Wynner PLC—from 1997 to 2004. He practiced law with the firm of O’Melveny & Myers LLP from 1986 to 1996.
He earned his bachelor’s degree in business management-finance from Brigham Young University’s Marriott School of Management and his J.D. from Brigham Young University’s J. Reuben Clark Law School.
He is married to Lily and has three sons and four grandchildren. Many Mansions is a nonprofit affordable housing and service provider.
178 apartments in Sun Valley, Pico-Union, and South L.A.
In the northeast San Fernando Valley, non-profit developer Many Mansions is seeking roughly $12.1 million in multifamily housing revenue bonds for the development of Sun King, a project which would rise at 9190 N. Telfair Avenue. Plans call for a four-story structure – designed by LOHA – which would feature 26 apartments.
A joint venture between LA Family Housing and Many Mansions.
LA Family Housing and Many Mansions have broken ground on the Summit View Apartments, a veterans affordable housing complex in the Lake View Terrace neighborhood.
A new apartment complex in Oxnard is addressing the problem of affordable housing for homeless veterans and other former service members in Ventura County.
On Monday, 11 veterans moved into Ormond Beach Villas, a complex opened by affordable-housing nonprofit Many Mansions that eventually will house 39 veterans and their families. The townhouse-style complex consists of 15 one-bedroom, 20 two-bedroom and five three-bedroom apartments at 5527-5567 Saviers Road.
“Many Mansions is excited to bring this needed housing to our veterans and their families. Ventura County is home to over 44,000 veterans, and is ranked as the 13th least affordable county in the nation,” Rick Schroeder, president of Many Mansions, stated in a news release.
BRINGING IT HOME—Clockwise from left: Newbury Park resident Lana Clark and her 2-year-old son, William, share a moment during the 40th anniversary celebration for Many Mansions on Aug. 24 at the Civic Arts Plaza. Special events coordinator Samantha Werfeld cuts the anniversary cake. Many Mansions President Rick Schroeder welcomes guests to the celebration. Vocalist Amber Shannon sings with the rock band Nocturnal Drifters. Since 1979, the mission of Many Mansions has been to develop and provide quality affordable housing and life-enriching services to low-income individuals and families.
