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Santa Barbara County Approves Key Stop For New Affordable Housing Complex In Isla Vista

Posted on Wednesday, March 6, 2013 12:53am

Santa Barbara County has approved a key step towards construction of a new affordable housing project in Isla Vista.
County Supervisors approved the sale of a piece of property it owns on the 700 block of Camino Pescadero to the Housing Authority of the County of Santa Barbara, for $2.9 million dollars.

The agency is partnering with a developer, and is hoping to use grants and tax credits to build what could ultimately be about a ten million dollar project.

If funding is secured, plans call for work to start on the apartment complex this fall, with the units ready for occupancy in February of 2015.

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