The Santa Barbara Unified School District board unanimously approved leasing the Tatum property to developer Red Tail for affordable housing for staff. - The project will provide 106 income-restricted units, with 97 prioritized for district employees.
- Applicants must earn at or below 80% of the area median income; eight units are reserved for veterans. - No district funds will be used; financing comes from tax credits, a county loan, and a housing authority bond.
The decision marks a landmark moment after over a decade of effort, with groundbreaking expected in late July.