Bond Financing for Vista de Santa Barbara Mobile Home Park

At the August 2013 ICFA Board of Directors meeting, a motion was approved to finance a $17 million bond funding a 124-site, all-age mobile home community located just off coastal highway 101 on the southern outskirts of Carpinteria.

Vista SBVista Santa Barbara is one of Southern California’s finest mobile home parks, located within a few hundred yards of a protected coastline and just a half mile from the quaint shops and fine restaurants in the Village of Carpenteria. The park offers residents a pool, spa, club house, lending library, laundry facilities and off street parking.

Vista de Santa Barbara is a unique community where residents enjoy a high quality of life, great weather, friendly neighbors and an affordable cost of living. Millennium’s mission, working closely with the Homeowners’ Association, is to preserve and, if possible, improve upon the beautiful Vista de Santa Barbara environment while maintaining the long-term affordability for homeowners.

With the approval of this project, ICFA is proud to say that we have funded sixteen projects for Millennium Housing. Their continued efforts to improve the lives of Californians through housing security are remarkable and we look forward to working with them for years to come.

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