Affordable Housing Project Moves Forward in Santa Ynez
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.