Napa Valley Community Housing came into being as the result of a merger between two local housing non-profits: Housing Association for Napa Development and Napa Valley Family Homes. In combination, these "parent" agencies bequeathed to NVCH over forty years of experience and accomplishments in the field of low income housing.
Since 1990 NVCH has built, alone or in partnership with others, over 600 new apartments and rental homes and, in addition has supervised the rehabilitation of more than 200 additional units. The agency currently has over 100 rental units in the pre-development or construction stages. As the County's primary affordable housing manager, it manages 615 housing units. The agency's total real estate portfolio is valued at over 50 million dollars, invested in a total of 24 properties throughout the County, and its 2012 annual budget was just under $1.2 million.
NVCH has a ten-member Board of Directors, made up of successful business and community leaders, along with a capable and dedicated staff of 45 employees.
Funding for the agency's work comes from a variety of sources. For general operations, the agency relies primarily on grants and contributions from donors. It also utilizes revenue from fees collected for managing its properties and from building new rental units. You can view our most current annual audit. For every dollar we receive, ninety two cents goes toward our rental housing and developments. Just eight cents on the dollar goes toward general management and fundraising, as shown here in a pie chart.
To make possible the purchase of land, cover new building development costs and apartment renovation expenses, loans are acquired from banks and from federal and state deferred loan programs. To supplement these, the agency looks to city and county government, local foundations and community based businesses.