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Contact

Maria Schroeder
Housing Programs Specialist
(805) 564-5461 x4473
MSchroeder@SantaBarbaraCA.gov

Myndi Hegeman
Housing Programs Specialist
(805) 564-5461 x4578
MHegeman@SantaBarbaraCA.gov

Title

City of Santa Barbara Local Housing Trust Fund (LHTF)

Body

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

The City received two proposals in response to the City’s Request for Proposals (RFP) issued on August 2, 2024, which were reviewed by Community Development’s Santa Barbara Local Housing Trust Fund Proposal Review Committee (Committee). Both proposals were found to be eligible for funding and worthy of consideration for application to the state’s LHTF program.

On September 10th City Council approved applying to the state’s LHTF program, with the two proposed projects splitting the funding equally. If awarded, each project would be provided $2.9 million from that funding source.

Both projects present exciting opportunities to expand much-needed affordable housing in our community. If awarded by the state, the $2.9 million Council set aside in the SBLHTF will leverage the funding into these two projects, with combined estimated costs totaling approximately $100 million. This funding will also assist in the development of close to 100 new affordable housing units in the City, all of which will serve Lower-Income households in critical need of housing.

The details of each project are summarized below.

Sections

The Housing Authority of the City of Santa Barbara – 15 South Hope

Estimated Cost: $41,200,000; awarded funding will provide for construction costs

Project Description: The proposed project consists of a new-construction, multifamily rental housing development totaling 46 units, to be built on a 53,910-square-foot vacant parcel, located at 15 South Hope Street. The project will encompass one building containing 17 studios, 13 one-bedrooms, and 16 two-bedroom apartments, with one two-bedroom apartment set aside as unrestricted for an on-site manager. The development will have four stories, and all floors will be serviced by a central elevator. The project will set aside 50 percent of the units (23) to serve special-needs individuals living with developmental or mental health disabilities. The remaining 22 units will be non–special needs. The 45 affordability-restricted units will be reserved for households with incomes at or below 60 percent AMI, with 18 set aside for households with incomes at or below 30 percent AMI (Extremely Low-Income), 14 at or below 50 percent AMI (Very Low-Income) and 13 at or below 60 percent AMI (Low-Income).

People’s Self-Help Housing – Carrillo Street Apartments

Estimated Cost: $55,252,462; awarded funding will provide for acquisition costs

Project Description: The proposed project is to develop and construct 65 permanently affordable, newly constructed apartment homes on 0.71 acres. The site comprises four separate parcels: 1. 312 W. Carrillo St., 2. 316 W. Carrillo St., 3. 1018 Placida Place (aka 1018 Placido Avenue), and 4. 318 W. Carrillo St. The 312 W. Carrillo St. and 316 W. Carrillo St. properties are currently vacant land. The 318 W. Carrillo St. property is improved with an apartment building. The 1018 Placida Pl. property is currently being used as a parking lot for the residents of the apartment building located at 318 W. Carrillo St. Development will involve demolition of existing structures and new construction of 20 studios, 42 one-bedroom, and three two-bedroom units, with one unrestricted manager’s unit. All 64 affordability-restricted units will be for households with incomes at or below 60 percent AMI, with 50 percent (33 units) for incomes at or below 30 percent AMI (Extremely Low-Income), 20 units at or below 50 percent AMI (Very Low-Income), and 11 units at or below 60 percent AMI (Low-Income). The project will house and provide supportive services to special-needs populations. Under California housing element law, special-needs populations can include persons who are elderly or disabled, female-headed households, large families, farmworkers, and people experiencing homelessness.