778 State is a CA Benefit Corporation formed to create workforce housing.  We have two purposes - the social benefit of creating workforce housing and the enhancement of shareholder value through the adaptive reuse of existing buildings. 

Workforce housing, sometimes called the missing middle, is for people who cannot afford market rate housing and yet don't qualify for subsidies.  It includes  people who are essential to a healthy community - nurses, teachers, police, fire, managers, small business owners. 

Our singular emphasis is to bring housing to downtown Santa Barbara.