Port Hueneme and Port Approve $187,000 for Small-Business Loans and Community Projects

PORT HUENEME — CALIFORNIA58 LOCAL. Port Hueneme City Council has approved $187,000 for four projects financed through its Community Benefit Fund partnership with the Port of Hueneme. The council’s September 21, 2026 action was announced publicly on October 15.

What residents and visitors should know

The largest piece, $162,000, is earmarked for a Business Assistance Loan Fund operated with the Economic Development Collaborative. That includes $150,000 in lending capital and $12,000 for two years of loan servicing and management. These are loans expected to be repaid with interest, not automatic grants.

Three smaller allocations include $10,000 for the next phase of the Veterans Banner Program, $10,000 to install a tennis practice backboard at Moranda Park and $5,000 for artwork on utility boxes.

The city and port established the joint benefit program in 2015. The funding comes from money available through that arrangement, and the city’s release states the four projects will not require General Fund spending.

Interested local businesses should contact the Economic Development Collaborative about eligibility, rates, collateral and application timelines. City approval does not establish that the first loan has already been issued or that recreational installations are complete.

Official source: City of Port Hueneme public notice. Verify later updates, schedules and program availability with the relevant agency.

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