Faculty Housing

MOP LOANS

Interest Rate = 3.0%

(valid through 11/01/12-1/31/13)

UCSB Faculty and Staff have numerous housing alternatives available in the community. The Faculty Housing Office provides housing assistance designed specifically for Faculty in the areas of relocation counseling assistance and referrals, home purchase assistance and For Sale housing. Faculty who desire rental housing are served by the Community Housing Office.

Home Purchase Assistance

  • Provides counseling on various available loans including the Mortgage Origination Program (M.O.P).
  • Includes MOP loan pre-qualification or referral to an experienced loan agent at a commercial institution in the private sector.
  • Guides you through the process of purchasing a home.
  • Describes the rights and responsibilities of both buyer and seller.
  • Compare MOP Rate with conventional mortgage rates by visiting the Mortgage Origination Program and Conventional Loan Interest Rate Comparison publication.
  • MOP Historical Rate Information found at Office of Loan Programs Historical Rate.

Staff Relocation & Counseling

  • Answers questions and provides information on local school districts, cultural activities, transportation options, utility companies, shopping, etc.
  • Arranges for professional tours of the area, giving overviews of various neighborhoods.

For-Sale Housing at West Campus Point

  • A very limited housing resource at UCSB.
  • 65 moderately-priced condominiums built on land leased from the University.
  • Currently sold to faculty members.
  • Associate Vice Chancellor for Academic Personnel allocates waiting list to the Deans.
  • Small number of recently recruited faculty are added to the list annually.

Future Housing

The Faculty Housing office assists in the ongoing development of initiatives related to the future development of affordable faculty housing. Current projects in the development cycle:

 

Faculty Housing Coordinator Administrative Assistant
John Gaffney Diana Almaraz
(805) 893-3772 (805) 893-8733
faculty@housing.ucsb.edu faculty@housing.ucsb.edu
Faculty Housing Office
Housing & Residential Services
Santa Barbara, CA 93106-6130