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Showing posts from May, 2023

Know The ADU Financing Options In California

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Are you planning to build an ADU in your property in California? If so, it is imperative to collaborate with an expert ADU professional who will brief you about ADU Ordinance and all the available financing options. Constructing a granny flat or an ADU is more costly than most homeowners realize. Finding an initial capital to cover all the costs can be tough if you do not know what is available to you. With grants, new laws and ADU finance options, ADUs have become more attainable for most people.  Here are some of the ADU loans options available for homeowners in California 1. Government grants: Many states have created financial grants and local to help home owners build ADUs to overcome housing shortage in California. They offer many grants and loan options to make the development easier for middle-class homeowners. For instance, California Health and Safety code, Section 65583 requires cities and countries to develop plans to boost the development of ADUs to rent out to low to