Source: Housing Trust Fund of Santa Barbara County
The Housing Trust Fund of Santa Barbara County (HTF) is pleased to announce that it has recently funded a site acquisition loan for the 21-unit Sagunto Place affordable studio apartment complex to be developed by Thompson Housing, LLC in the community of Santa Ynez. The project will serve very low and low-income households and individuals, with up to 30% of the project units reserved for persons with physical or developmental disabilities. The total estimated development cost is $4.4 million.
Located on the northwest corner of Sagunto Street and Meadowvale Road in Santa Ynez, the project includes 21 residential units comprised of 14 studio units on the second floor, 6 studio units and 1 one-bedroom manager’s unit on the ground floor. The ground level also includes a meeting room, office areas and a common laundry room. The studios will be 357.5 sq. ft. and will have a kitchenette, fully handicapped bathroom and either a private exterior balcony or patio. There will be an elevator to the second floor. The project will have a rooftop solar photovoltaic energy system that will supply most of the electricity needed to operate the project.
The project is designed to be in keeping with the ‘old-west’ two-story structures in the area and has mullion windows, corbels under the roof eaves, wooden lap siding and a prominent tower element in the front. The project will have parking in the front along Sagunto Street, with the building in the back. Landscaping will use plants native to the Santa Ynez Valley and have a water-reducing irrigation system.
The neighborhood? Working people don’t have a right to shelter? Or, people with disabilities have no right to a home? Only live in the Valley if you can afford a million or 2 for a home? Wow
There goes the neighborhood.
That would make sense economically: If it happened, there would be no takers for jobs that paid low wages. People who could afford to buy expensive housing would have to pay more for every service or do it themself. How many wealthy people would clean their own houses and mow their lawns or be able to fix their cars & and unclog their drains. I suppose one could drive to LA for dental work but what about emergency services? Housing prices would adjust but property taxes would drop so how would the inflated retirement packages for government workers already promised (which people complain about now) be paid? What a can of worms now that I think about it.
Actually it should work out OK. Twenty 350-sq-ft studio apartments with not less than 4 people in each of them, plus 40 or so cars. What could go wrong?
COASTWATCH, I definitely would be glad to have affordable housing in my neighborhood. I grew up in Montecito (working family) when it was affordable in places for working families. There were streets, Orchard Ave, Tabor Lane, Humphrey Road (and scattered properties) where friends lived. Now those relatively small places are on the market for about 2 million. Crazy!
cant wait to see if its actually “affordable”, track record so far has been pretty dismal
Whose idea was this and who approved it? Crime has already gone up with the Casinos and now add to this class envy.
My bad. The neighborhood went after the casino came.
I think she might be good with that. I lived next door to a New House grad house for 10 years. They were fantastic neighbors. I had actual person to person contact with them.
I remember about a dozen or so years ago low income housing was proposed in Santa Ynez and a well known musician came out against it total NIMBY I was always naive to think musicians lived their art it opened my eyes a bit.