The University of California Board of Regents has approved the purchase of an off-campus property that will be the new residence for the current and future chancellors of the UC Santa Barbara (UCSB), the university announced on November 13, 2025.
Located 10 minutes from the campus, the property was purchased for $7.8 million, with the cost being fully covered by private philanthropy, according to the statement. No state funds or student tuition dollars will be used, the university noted.
Dr. Dennis Assanis, appointed as UCSB’s sixth chancellor earlier this year, assumed his role on September 1, 2025. He succeeded Henry T. Yang, who stepped down from his role at the end of 2024 after dedicating three decades of his life to the position…