The University of California Board of Regents approved the purchase of a $7.8 million residence for UC Santa Barbara chancellors during a closed session on Oct. 23. The property is off campus, straying from the majority of UCs, which have chancellor residences on campus.

Current and future chancellors will utilize the recently purchased property. Photo Courtesy of the University of Delaware
According to The Current, the property is located 10 minutes from UCSB and is fully funded by University donors. Regents Policy 7708 mandates that UC chancellors live in University-provided housing as a condition of the role, requiring their approval for alternatives when needed.
In March 2025, an independent engineering assessment of the current UCSB University House, where former Chancellor Henry T. Yang resided, found that it needed an estimated $8.4 million in upgrades and code compliance upgrades. Construction would take an estimated two years and included reinforcements for earthquakes and the “modernization” of its plumbing and electrical systems.
The address will not be made public, according to Stett Holbrook, the associate director of strategic & critical communications for the UC Office of the President. Local news outlet Noozhawk reported that the UC Regents purchased a property at 4672 Via Roblada in Santa Barbara’s Hope Ranch community on Oct. 28.
“The new property also provides the chancellor a venue for extending official hospitality to important visitors and guests in conjunction with official functions and fundraising activities,” the Current article read. “Going forward, the campus will be exploring other possible uses for the existing University House site.”
A version of this article appeared on p.1 of the Nov. 20 print edition of the Daily Nexus.
More than two and half months and still no interview with the new Jewish? Zionist Chancellor CIA-punk Assanis. Finally, mention of the new $8 million Chancellor’s crib bought in la tee da Hope Ranch. It’s one way to solve the problem of the Big Stink that nightly wafts to campus from the human shit-processing plant adjacent to UCSB. At least for the Chancellor. Unfortunately, the students housed in the new tenements slated to be thrown up at the former location of the Chancellor’s on-campus residence won’t be so lucky. What’s just amazing is that the Bren School of Environmental Science… Read more »
you are bat shit crazy and need help – please stop bothering campus and live your pathetic life without harassing UCSB.
Seek professional help
UCSB Mafia must compensate me for their many crimes against me. 10% of the endowment. About $70 million. I wouldn’t dawdle.
No one owes you anything – except more time in a state run facility. You need help batshit crazy
University donors….. Wow… how completely tone deaf the new chancellor, regents, and the entire UC system continues to be. While housing, food, and tuition cost for UC students continue to accelerate – $9M for a house in Hope Ranch. Yang was a terrible chancellor for students, academics, and staff – and now we start with this. The divide between those who work by the sweat of their brow and those who were born on third base is no longer going to work. This is destroying the stability and soundness of society. Trump, Mamdani.. and you don’t even see it. Chancellor… Read more »
Financial services continue to evolve as people look for faster and smarter ways to manage their money. From digital banking to secure payment methods, users expect smooth experiences that fit their daily routines. Many rely on trusted platforms, and a helpful website in the middle of this journey makes financial tasks easier and more organized. With improved tools for budgeting, saving, and transactions, individuals can handle their finances with confidence. These services aim to bring convenience, stability, and better financial control to everyone seeking simpler money management solutions.