Proposal finds building new affordable housing for Chumash tribe will boost local economy

    
 

Thursday, Apr 12 2012 3:31PM

A report completed for the Santa Ynez Band of Chumash Indians finds plans to build homes for members of the tribe, will help fulfill the demand for affordable housing, create jobs and boost the local economy.

A report completed for the Santa Ynez Band of Chumash Indians finds plans to build homes for members of the tribe, will help fulfill the demand for affordable housing, create jobs and boost the local economy.

A report completed for the Santa Ynez Band of Chumash Indians finds plans to build homes for members of the tribe, will help fulfill the demand for affordable housing, create jobs and boost the local economy.

The proposal includes plans to add 1,400 agricultural acres to the tribe's reservation through the Bureau of Indian Affairs' fee-to-trust process, and use 250 acres of the land to build 143 homes.

The Santa Ynez Valley News reports that the project is estimated to cost between $132 million to $179 million.

The report notes that the plans will create 100 to 360 construction jobs in the county for each year of the project, with a total county-wide income increase of $70 million to $90 million throughout its development. The local construction workforce shrunk 35 percent from February 2007 and December 2011, eliminating nearly 3,500 jobs.

"The project will create a significant employment impact to a Santa Barbara County construction industry that has downsized substantially in recent years," said Mark Schniepp of the California Economic Forecast Project and writer of the report, according to the paper. "There will be spin-off effects that produce more job opportunities in the retail, professional services, and financial activities sectors."

For further information, check out these sources: The Santa Ynez Valley News

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