The first and primary way is through the resale of an existing unit.There are two ways that you can have an opportunity to purchase an affordable home in our program: The Interest List form needs to be re-submitted to our office every six months in order for you to remain on our notification list and it is not a waiting list. If you would like to be added to our notification list, please submit an Interest List form. Please refer to the Eligibility Requirements for more details. This program serves low, moderate, middle, and upper-middle income households that meet certain criteria. ![]() Our office administers an affordable ownership program. In addition, it is the City’s standard policy to require a 90-year period of affordability, which is recorded as a covenant on the property. When affordability controls are applied to a project, the particular requirements of any applicable program regulations are incorporated into the project. The housing should remain affordable to subsequent residents or owners throughout the term of the affordability controls. Ownership housing where the owners do not pay more than forty percent (40%) of their gross monthly income on mortgage loan payment(s), private mortgage insurance premium (if applicable), homeowners’ association dues, hazard insurance premium and property taxes.Rental housing where the tenants do not pay more than thirty percent (30%) of their gross monthly income on rent and utilities.The City, as well as most state and federal housing programs, defines affordable housing as follows: The term "affordable" may have a wide range of meanings to the public, but in the City's usage, it has a specific meaning. One of the central goals identified in the Housing Element is the availability of affordable housing for all social and economic segments of the community. The City Council has made a commitment to address the City's housing problems to the extent feasible by implementing the policies and strategies of the Housing Element of the General Plan, which is the City's housing policy document that sets forth the City's action plan to meet the housing needs of the community. If housing costs continue to rise beyond the means of many residents, the character of Santa Barbara, which provides for a variety of social and economic groups, will be seriously threatened. Skilled workers leave for communities with reasonable housing costs and higher paying jobs. Young families in particular are leaving the area. Further, the City faces a situation in which households of all income groups are leaving Santa Barbara. Because of the tight housing market, landlords can choose "preferable" tenants and, therefore, not rent to families with children or to those requiring modifications in the unit for handicapped accessibility. ![]() Low-Income elderly on fixed incomes, Low-Income single parent households on public assistance, and Low-Income persons such as the disabled with special housing needs often have no choice but to live in overcrowded and substandard situations on a budget that is so stretched that basic food and clothing necessities may be foregone. Because the high cost of housing has reached a level where Moderate- and Middle-Income residents are affected, there are immediate as well as long-term effects. Housing costs can be a problem that affects the average resident of this City. Housing costs are among the highest in the nation. However, this jewel of a City exacts a high price from those who live here. Santa Barbara residents enjoy a beautiful environment bordered by mountains and seashore, clean air and temperate climate, and a charming ambiance.
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