VENTURA COUNTY — McCarthy Companies has been selected to provide Preconstruction and General Contracting services for two new affordable housing developments, bringing a total of 112 new affordable units to the Central Coast counties.
“Forty-five years of growth have reinforced a core belief: we don’t just build homes—we create opportunity, stability, and long-term value for the communities we serve,” said Sarah McCarthy-Garcia, Partner. “As we look ahead, our focus remains on thoughtful expansion, innovation, and advancing housing options that will endure for generations.”
VENTURA COUNTY — McCarthy Companies has successfully completed Twelve Oaks, a 218-unit single-family build-to-rent community in Liberty Hill, Texas. The development spans 20.7 acres and was completed in July of 2025. The project was in collaboration with Montgomery Street Partners, New Growth Living, and BlackRock Realty Advisors, Inc. with McCarthy Companies providing development and construction management services. The community features a mix of cottage-style, townhome, and single-family detached homes designed to offer renters the living experience of homeownership with the benefits of professional property management and amenity and maintenance-free living.
SANTA BARBARA — McCarthy Companies has been selected by the Housing Authority of the City of Santa Barbara (HACSB) to provide preconstruction services for the development of Monteria Village in Santa Barbara. The recently signed contract will lay the groundwork for a transformative affordable housing project that will replace a 28-unit HUD-assisted public housing development built in 1973 and add 52 new affordable apartments on Santa Barbara’s Westside for a total of 80 affordable multifamily units. The development leverages HUD’s Rental Assistance Demonstration (RAD) program, which enabled HACSB to successfully reposition its entire HUD-assisted public housing inventory to access equity funding for rehabilitation and improvements.
