Santa Barbara is looking to lend a hand to the Faulding Hotel on Haley Street.
Citing concerns about the safety of the four-story building that houses low-income people and the working poor, the city is looking to invest redevelopment money into the hotel.
"The Faulding is in big trouble," said City Councilman Brian Barnwell, a real estate appraiser, referring to the building. "The electrical is dreadful. We need to step in and do something right away."
The 81-room hotel at 15 E. Haley St. was built in 1923. Originally, the building was owned by the Faulding Family, headed by Dwight and Etta Faulding. Over the years, the hotel has undergone several transformations. At one time it was called the Old Town Inn before it was purchased in the mid-1980s by the Santa Barbara Community Housing Corporation.
Posted by gandlwoods at October 18, 2004 09:00 AM