University Controlled Insurance Program

December 2013 UCIP News and Updates

UC Santa Barbara enrolls Sierra Madre Apartments project in UCIP

The University of California, Santa Barbara has now enrolled the Sierra Madre Apartments project into the current phase of the UCIP, or University Controlled Insurance Program. This new center of learning and excellence will jump start the campus enrollment efforts and underscore the desire to house a higher percentage of undergraduate students in housing operated by UCSB. Sierra Madre will provide housing for 515 students in 115 units that will be double occupancy 3-bedroom, 2-bedroom and 1-bedroom apartments. The remaining 36 units will use the same unit types, but will be leased as single units to UCSB student, faculty and staff families. The project will include a central commons space to support study, lounge, dining, and recreation activities. The project will target a LEED building rating of Gold and is currently looking at alternatives to achieve a Platinum rating..

The UCIP supports these efforts by providing broad insurance coverage while bringing savings to the final project cost. A rendering of the project is below.