Bedrock
Development agreement

117 East Carrillo Street, Santa Barbara, CA

Agenda ReadySanta Barbara County, CA
4/ 5
High impact
Bedrock impact score
Action type
Development agreement
Asset class
Multifamily / Residential
Status
Agenda Ready
Filed
2026-07-02
Jurisdiction
Santa Barbara County, CA
Days on record
30 days
Aerial view of 117 East Carrillo Street, Santa Barbara, CAApprox — jurisdiction center
Aerial — close view · EsriInteractive map ↓
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01Investment highlights

Why this deal matters

  • Development agreement in Santa Barbara County, CA · Multifamily / Residential
  • Bedrock impact score 4 of 5 — High impact
  • An ENA locks SoLa Impact into exclusive negotiating rights on this county-owned site, signaling an imminent public-private workforce housing deal that competitors cannot bid on until the ENA expires
  • Watch for the ground lease or DDA that follows.
  • On the municipal record 30 days (filed 2026-07-02)
02Deal summary

The rationale

An ENA locks SoLa Impact into exclusive negotiating rights on this county-owned site, signaling an imminent public-private workforce housing deal that competitors cannot bid on until the ENA expires — watch for the ground lease or DDA that follows.

Santa Barbara County Board of Supervisors to approve an Exclusive Negotiating Agreement (ENA) with SoLa Impact LLC for a workforce housing development at 117 East Carrillo Street, with a CEQA exemption determination under Guidelines Section 15378(b)(4).

03Deal facts

The filing record

Jurisdiction
Santa Barbara County, CA
Action type
Development agreement
Asset class
Multifamily / Residential
File number
#26-00678
Parcel · APN
029-211-025
Applicant
SoLa Impact LLC
Status
Agenda Ready
Filed
2026-07-02
Days on record
30 days
04Location

Where this sits

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
117 East Carrillo Street, Santa Barbara, CA
34.70000, -120.00000 · approximate (jurisdiction center)
Area demographics

Santa Barbara County

444,895
Population
$78,925
Median HH income
148,309
Households
$1,596
Median rent
U.S. Census · ACS 5-year
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-07-02
    30 days on record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
  3. Current status
    Agenda Ready
    Live municipal record
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