https://santabarbara.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=460584&GUID=0F99BB69-E317-4535-8A38-D07C41674BB2Legistar15https://santabarbara.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=460584&GUID=0F99BB69-E317-4535-8A38-D07C41674BB20F99BB69-E317-4535-8A38-D07C41674BB2-2025-03-12-21-51-12Title: Consider the recommendations regarding the Ellwood Apartments Project, Third District, as follows: a) Find that on June 17, 2002, the Ellwood Apartments Project was determined by the City of Goleta to be CEQA exempt per Section 15332 and 15061(b)(3) for the project; b) Approve the commitment of $200,000 of City of Goleta HOME funds for permanent financing costs for the Ellwood Apartments, located at 360 Ellwood Beach Drive, Goleta, CA ; and c) Authorize the Director of Housing and Community Development to execute the Loan Agreement in the total amount of $200,000 and a Regulatory Agreement, and any required subordinations, all in substantially the form of the attachments to this Board letter, for the development of this project.Wed, 12 Mar 2025 21:51:12 GMT