City of Santa Barbara Local Housing Trust Fund - First Phase Approved Project Pipeline

City of Santa Barbara Local Housing Trust Fund - First Phase Approved Project Pipeline 

Funding Committed:

Project Name: 15 South Hope

Developer: City of Santa Barbara Housing Authority
Address: 15 South Hope Street, Santa Barbara CA 93105
First Phase Funding Review: Completed/Approved
Estimated Loan Amount: $2,755,000
Loan Type: Construction
Number of Units: 46
Income Target: 98% <=60%
Target Population: Low-, Very Low-, and Extremely Low-Income, Special Needs
Approved to Submit Program Match Final Application: Approved  9/10/24

Project Name: Carrillo Street Apartments

Developer: People's Self-Help Housing
Address: 312, 316, 318 W. Carrillo St. & 1018 Placida Place, Santa Barbara CA 93101
First Phase Funding Review: Completed/Approved
Estimated Loan Amount: $2,755,000
Loan Type: Acquisition/ Permanent
Number of Units: 65
Income Target: 99% <=60%
Target Population: Low-, Very Low-, and Extremely Low-Income, Special Needs
Approved to Submit Program Match Final Application: Approved  9/10/24