Skip to Content

  • Port of Hueneme - video placeholder image

    Port modernization retained $7 billion in trade business and 500 livable wage jobs

    The Port of Hueneme from cdfi on Vimeo.

  • detail image of project

    Port modernization retained $7 billion in trade business and 500 livable wage jobs

  • detail image of project

    New shore-side electrical power will eliminate 230 tons of emissions annually from docking vessels

  • detail image of project

    New shore-side electrical power will eliminate 230 tons of emissions annually from docking vessels

    • Previous slide Next slide

Port of Hueneme

The modernization of the Port of Hueneme retained $7 billion in trade business and 500 livable wage jobs.

Clearinghouse CDFI provided $10 million of NMTC allocation for this $14.7 million project. Newly installed, shore-side electrical power will eliminate 230 tons of emissions annually from vessels docking at the port.

Additionally, the Port will facilitate the distribution of 1.4 million pounds of fresh produce for a mobile food pantry serving 45,000 low-income residents in surrounding food deserts.

Financing Provided:
$10 Million of NMTC Allocation
Location:
Oxnard, CA
Impact:
Retained $7 billion in trade business and 500 jobs
Purpose:
Port Modernization and Critical Emissions Reduction
Year Funded:
2013
Read more stories