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The Board of Supervisors set a November 10 hearing on changes to the county's affordable-housing requirements for new development. It also considered binding affordability terms for a Mission Isla Vista project and scheduled hearings on two land-use change requests.
The typical Santa Barbara rent reached $3,642 in September, up $162 from a year earlier, pushing the share of median household income spent on rent above 41%.
County supervisors weighed a coastal plan amendment for the Rose project and new airport compatibility rules on September 22 — decisions that shape where and how homes can be built near the coast and Santa Barbara Airport.
The typical asking rent reached $3,692 in August, the highest on record, up 3.5% from a year ago as more than 40% of local income goes to rent.
County supervisors weighed support for a permanent housing program for young people, a HUD-funded library project in Orcutt, and a land donation near Lompoc, alongside oil-and-gas zoning changes.
Homes spent 42 days on the market in the three months ending August, up modestly from a year ago, while sales volume climbed 18% against tight inventory.
County supervisors took up a package of land-use rule changes affecting Montecito and the coastal zone, alongside several non-housing items on the September 1 agenda.
Median asking rents climbed 3.1% over the past 12 months, running ahead of the roughly 2% pace seen across the wider region, according to Zillow data.
The city's median sale price rose 2.5% year-over-year while the number of homes sold jumped nearly 20%, tightening an already low-supply market.
The city's median rent climbed 2.0% over the past year, close to the roughly 1.6% pace seen across the region, keeping housing costs elevated for local renters.