Heritage Oaks is Moylan Fund's top supporter!

November 9, 2009
Heritage Oaks is Moylan Fund's top supporter!
Paso Robles-based Heritage Oaks Bank has contributed another $2,500 to the George Moylan Affordable Housing Fund. This was the Bank’s third contribution to the Moylan Fund. It brings their total contributions to $11,371 and makes Heritage Oaks Bank the Moylan Fund’s top supporter.

"Heritage Oaks Bank has supported the Housing Trust Fund, our programs and our efforts since 2005," notes Jerry Rioux, the Trust Fund’s executive director.

The Moylan Fund was created in October 2005 to honor and continue the work of George Moylan, one of the Housing Trust Fund’s organizers and a founding director. With Heritage Oaks Bank’s latest contribution, nearly $76,000 has been raised for the Moylan Fund from more than 300 individuals, firms and organizations.

The Moylan Fund is used exclusively to help finance affordable housing projects in San Luis Obispo County. Loans that are made from the Moylan Fund are repaid into the fund and then loaned for additional projects, thus creating a permanent source of financing for affordable housing.

left to right: Mitch Massey (Heritage Oaks Bank), Dick Willhoit (HTF Treasurer), Jerry Rioux (HTF Executive Director), and Sarah Scott (Heritage Oaks Bank)

(click on the following image for a larger photo)

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